News

Tamil Nadu Commissionerate issues instructions for cancellation of registration and revocation for return non-filers
Tamil Nadu Commissionerate issues instructions in relation to cancellation of registration and revocation thereof, specifies that, a registered person to.....

Assam Govt. temporarily suspends E-way bill generation for intra-state movement of goods
Assam Govt. temporarily suspends E-way generation requirement for intra-state movement of goods due to prevailing law and order situation; Explains.....

Centre releases GST Compensation to States for Aug, Sept
The Central Govt. releases GST Compensation of Rs 35,298 crore for August & September to States & Union Territories: CNBC.....

CBIC notifies common GST Electronic portal for e-invoicing effective from April 01, 2020
Central Govt. notifies that registered person, whose aggregate turnover in a financial year exceeds one hundred crore rupees shall prepare.....

Eye Share: Taxability of Interest Charged from Vendors for Non-Compliance of Rule 36(4)
With the introduction of Rule 36(4) of the CGST Rules, 2017 w.e.f. October 09, 2019, many entities have started raising.....
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CBIC extends due-dates for filing returns by taxpayers in J&K upto December 20
CBIC notifies further extension for furnishing of various returns by registered persons in Jammu and Kashmir till December 20, 2019;.....

Council nominated officers recommend increase in GST slab rates for revenue augmentation
GST Council nominated officers' meeting on revenue augmentation ends; Officers recommend increasing the 5% slab to a max of 8%,.....

No mandate for Council to adjudicate/dispose general public grievance/representation, instructs CBIC
CBIC issues instruction inter-alia requiring compliance of ratio enunciated by Division Bench of Kerala HC that there is no mechanism provided.....

Govt. constitutes Group of Ministers for resolving unsettled IGST amount
Govt. constitutes Group of Ministers (GoM) for examining the status of amount of IGST settlement amount as on March 31, 2018.....

CBIC ab-initio withdraws clarification issued on supply of ITeS services
CBIC ab-initio withdraws Circular No. 107/26/2019-GST dated July 18, 2019 providing certain clarifications in relation to supply of Information Technology enabled Services.....

CBIC issues order prescribing computation mechanism for filling appeal before GSTAT
CBIC issues Central Goods and Services Tax (Ninth Removal of Difficulties) Order, 2019 implementing decision of GST Council; Explains that,.....

Govt. releases FAQs on Blocking and Unblocking of E-Way Bill
Govt. releases FAQs on Blocking and Unblocking of E-Way Bill generation facility in EWB Portal; Explains that, automatic blocking will be.....

Govt. notifies State & Area benches of GSTAT for Mizoram, Rajasthan & Karnataka
Govt. notifies the location of State Benches and Area Benches of Goods and Services Tax Appellate Tribunal (GSTAT) for Mizoram, Rajasthan.....
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GST collections for November'19 third highest since introduction, crosses Rs. 1 lac crore
Govt. records gross GST revenue collection figures for the month of November, 2019; For the eighth time since the inception.....

Eye Share: GST | Need To Revere Jurisdictional Demarcations
The GST Council during its 9th meeting held on January 16, 2017 decided on the agenda of cross-empowerment to ensure.....

Eye Share: Job work Vs. Manufacturing – Continuous in GST Era
Recently, CBIC issued a Circular No. 126/45/2019 - GST dated November 22, 2019, on scope of Notification entry at item (id) under.....

Eye Share: Analysis of Tax Rate on Job-Work from Legal and Constitutional Perspective
Recently, CBIC issued a Circular No. 126/45/2019 - GST dated November 22, 2019, on scope of Notification entry at item (id) under.....

CBIC notifies due-date extension and transition plan for taxpayers in J&K
CBIC notifies due-date extension for furnishing of returns for registered persons in Jammu and Kashmir; FORM GSTR-1 by persons having.....

GSTN initiates the process for conversion into Govt. company
GSTN initiates the process of transfer of 51% equity of the company held by the Non-Government Institutions to the Centre.....

FinMin releases Sabka Vishwas Scheme statistics, explains measures taken for speedy case disposal
Ministry of Finance releases Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 statistics, inter-alia declares that 2828 applications amounting to Rs......