News

Eye Share: Exporters claim-verification by GST Refund-Sanctioning Officer – a redundancy in law

On November 18, 2019, CBIC issued a Refund Master Circular i.e. Circular No. 125/44/2019-GST specifying a list of documents required to be.....

Jan 06,2020

FAQs on e-invoicing released, inconsistencies to be addressed by Notifications/rule changes

Govt. issues FAQs on E-invoice rollout, explains that, inconsistencies between content requirements of the published invoice template and the GST.....

Jan 03,2020

CBIC notifies amendment to CGST Act/Rules, transition plan for UTs of J&K & Ladakh

Govt. notifies January 01, 2020 as the date on which provisions of sections 92 to 112 (except section 92, section.....

Jan 02,2020

GST collections exceed Rs. 1 lac crore for second consecutive month in a row

GST revenue collection for the month of December, 2019 stand at Rs. 1,03,184 crore comprising of CGST Rs.19,962 crore, SGST.....

Jan 01,2020

CBIC notifies exemption on upfront amount for industrial-plot lease pursuant to Council's announcement

CBIC amends Notification No. 12/2017- CT (Rate) dated June 28, 2017 to give effect to GST Council's proposal, exempts upfront amount.....

Jan 01,2020

CBIC clarifies on applicability of Reverse Charge Mechanism on motor vehicle renting

CBIC issues clarification on applicability of Reverse Charge Mechanism (RCM) on renting of motor vehicles w.r.t. entry inserted in RCM.....

Jan 01,2020

CBIC notifies rate revision on woven/non-woven bag & flexible intermediate bulk containers

CBIC notifies rate of 18% on (i) woven and non-woven bags and sacks of polythene or polypropylene strips or the.....

Dec 31,2019

CBIC issues notifications, order to implement 38th GST Council Meeting decisions

CBIC issues notifications pursuant to the recommendation made by the GST Council during its 38th Meeting held on December 18, 2019;.....

Dec 27,2019

CBIC issues instruction specifying constitution, term and functions of 'Grievance Redressal Committee'

GST Council approves the constitution of ‘Grievance Redressal Committee’ (GRC) at Zonal/State level consisting of both Central Tax and State.....

Dec 27,2019

CBIC issues Standard Operating Procedure for return defaulters

CBIC issues Standard Operating Procedure (SoP) to be followed in case of non-filers of returns in pursuance of GST Council’s 38th meeting;.....

Dec 24,2019

DIN to be quoted on all communications including e-mails to taxpayers, clarifies CBIC

CBIC directs that electronic generation and quoting of Document Identification Number (DIN) shall be done in respect of all the.....

Dec 24,2019

CBIC notifies due date extension for filing GSTR- 3B for November 19

CBIC notifies due date extension for furnishing of GSTR-3B for the month of November 2019 to December 23 : CBIC.....

Dec 24,2019

CBIC extends due date for filing GSTR-3B for November '19

CBIC extends due date for furnishing of GSTR 3B for the month of November 2019 to December 23: GSTN .....

Dec 21,2019

Delhi HC issues notice in writ challenging Rule 36(4), Circular on restriction of credit

Delhi HC issues notice in writ challenging Rule 36(4) of the CGST Rules for being manifestly arbitrary and ultra vires.....

Dec 20,2019

HC: Imposition of restriction to avail 20% ITC prescribed under Rule 36(4) challenged before Gujarat HC

Gujarat HC issues notice in writ challenging sub-rule (4) inserted in Rule 36 which restricts ITC upto 20% of value.....

Dec 20,2019

Council announces certain law & procedure changes, rationalizes rate-structure

38th Meeting of GST Council concludes today with a constructive discussion on wide range of issues such as measures for.....

Dec 18,2019

Due date for filing GSTR-9 extended upto Jan 31

GST Council decides to extend the deadline for filing of GSTR-9 for FY 17-18 upto January 31, 2020; Waives late.....

Dec 18,2019

GST Council decides single rate of 28% for all lotteries

GST Council decides to levy 28% GST on all lotteries; Opts for voting for the first time to finalise a.....

Dec 18,2019

CBIC releases the copy of CGST Rules, 2017 as updated upto November 14, 2019

CBIC releases the copy of Central Goods & Services Tax Rules, 2017 as updated upto November 14, 2019. .....

Dec 17,2019

GST Council likely to bring in one time amnesty scheme to waive late fees/ penalty for filing of GSTR 1 due from July 2017 till Nov 2019

GST Council likely to bring in one time amnesty scheme to waive late fees/ penalty for filing of GSTR 1.....

Dec 17,2019

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