News

Record GST collections for April at Rs. 1.13 lac cr
Govt. releases revenue figures for month of April 2019, collections highest since GST implementation; Records total gross GST revenue of.....

CBIC clarifies the applicability of GST on supply of Seed Certification Tags
CBIC clarifies the applicability of GST on supply of Seed Certification Tags; Explains the steps of processing of seed testing.....

CBIC issues clarification w.r.t. exemption on upfront amount payable in installments for long term lease of plots
CBIC issues clarification w.r.t. exemption on upfront amount payable in installments for long term lease of plots CBIC clarifies on.....

CBIC's instructions in respect of writs filed before HCs challenging pre-import condition
CBIC issues instructions with respect to writ petitions filed challenging the pre-import condition under the Advance Authorization (AA) scheme introduced.....

Copy of CGST Rules 2017 amended upto April 23, 2019
CBIC releases the copy of Central Goods & Services Tax Rules 2017 along with Forms as updated upto April 23,.....

CBIC prescribes special procedure for payment and return filing by composition taxpayers
Govt. prescribes special procedure for furnishing return and payment of tax by persons paying tax under composition scheme in terms.....

CBIC's clarification regarding filing of application for revocation of cancellation of registration
CBIC issues clarification regarding filing of application for revocation of cancellation of registration; Explains that, where the registration has been cancelled.....

CBIC's clarification in respect of utilization of input tax credit (ITC) under Rule 88A
CBIC issues clarification in respect of utilization of input tax credit (ITC) under GST after issuance of the newly inserted.....

New enhancements introduced to the E - Way Bill (EWB) generation form
Govt. introduces new enhancements in E- Way Bill (EWB) generation form; Releases a detailed note to communicate the tax payers.....

Govt. extends GSTR 3B time limit upto April 23
CBIC extends the time limit for furnishing GSTR 3B for the month of March 2019 upto April 23, 2019 :.....

Eye Share : Rule 88A - A half-baked solution?
The Government with a view to tackle the problem of un-allocated IGST inserted Section 49A to provide that ITC available.....

Form GSTR-9C utility available on portal with FAQs and User Manual
Govt. provides offline utility for filing FORM GSTR-9C (reconciliation statement) along with FAQs and User Manual; Explains that, said reconciliation.....

Vidhi Centre for Legal Policy's report recommending legislative changes to strengthen the GST regime
When GST was unveiled with much fanfare at the stroke of midnight on June 30 2017, it evoked an unprecedented range of emotions.....

CBIC extends the time limit for furnishing FORM GSTR-1 & GSTR-7
CBIC extends the time limit for furnishing FORM GSTR-1(details of outward supply of goods or services) for the month of.....

Forthcoming changes in E-way bill system
National Informatics Centre (NIC) explains the forthcoming changes in E-way Bill System; E-Way Bill system is being enabled to auto.....

BJP manifesto commits to ensuring a stable taxation regime, continue with GST simplification
Tax policy highlights from BJP’s manifesto - .....

Service providers opting for composition levy to file prescribed form by April 30, clarifies CBIC
CBIC requires a registered person opting for payment of Central Tax at 3% by availing benefit of Notification No.2/2019-Central Tax.....

Eye Share : Post Supply discount other than those covered by Section 15(3) to be treated as non-payment
There are whole lot of transactions such as quantity based discounts, cash discounts, price adjustment etc. which have raised the.....

Tamil Nadu Govt. specifies documents to be carried when E-Way Bill expires
Tamil Nadu Govt. directs the person-in-charge of a conveyance transporting goods, which are brought from other States through multi-modal transport,.....

Copy of CGST Rules 2017 amended upto March 29, 2019
CBIC releases the copy of Central Goods & Services Tax Rules 2017 along with Forms as updated upto March 29, 2019.Click here to.....