News
Copy of CGST Rules 2017 amended upto October 30, 2018
CBIC releases the copy of Central Goods & Services Tax Rules 2017 as updated upto October 30, 2018.....
Eye Share : Job work taxation – pre and post GST
Job-work, under erstwhile central excise tax law, implied working/processing upon raw materials or semi-finished goods that are supplied by Principal.....
CBIC clarifies procedure for return of time expired drugs or medicines
CBIC issues Circular to clarify the procedure in respect of return of time expired drugs or medicines under GST to.....
CBIC clarifies GST issues related to casual taxable person and input service distributor
CBIC releases clarifications on issues under GST relating to casual taxable person (CTP) and recovery of excess Input Tax Credit.....
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CBIC releases clarifications on certain issues related to refund
CBIC clarifies that since common portal does not allow a taxpayer to file a fresh application for refund once a.....
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CBIC issues clarification on issues relating to cancellation of registration
CBIC issues clarifications on various issues in relation to processing of applications for cancellation of registration filed by taxpayers in.....
Govt. notifies due-date pertaining to final return for persons with cancelled registration & Form ITC-04
CBIC notifies December 31, 2018 as due date for furnishing final return in FORM GSTR-10 for such class of persons whose registration.....
CBIC prescribes differential IGST refund facility, extends alternative officer mechanism facility for SB005 errors
CBIC extends officer interface rectification facility to resolve invoice mismatches (SB 005 error) for Shipping Bills filed up to November.....
Eye Share : GST on liquidated damages – A subject matter of constant debate
The applicability or otherwise of GST/erstwhile Indirect taxes on liquidated damages has always been a subject matter of interpretation and.....
Maharashtra Govt. establishes dedicated GST helpdesks to assist taxpayers in smooth compliance
Maharashtra State GST Dept. establishes dedicated helpdesks in all State GST offices in the state for assisting taxpayers in e-filing.....
Eye Share : Need for GST Health check for Gems and Jewellery Sector companies for FY 2017-18
Since the due date of filing GST return September 2018 month is fast approaching, business houses across the country have begun the.....
Govt. exempts authorities under Ministry of Defence from TDS provisions compliance
CBIC notifies that TDS provisions prescribed u/s 51(1)(a) of CGST Act shall not be applicable to authorities under the Ministry.....
Exempts registration requirement for suppliers making inter-state supplies of specified handicraft goods
Govt. notifies exemption from registration for persons making inter-state taxable supplies of specified handicraft goods; Prescribes that relaxation shall also.....
Copy of Notification extending deadline for filing Form GSTR-3B for September, 2018
CBIC notifies Form GSTR-3B return deadline extension for September month to October 25, 2018; Amends Notification No. 34/2018 – Central Tax.....
Eye Share : Anti- Profiteering Law – A big setback for the Construction Industry
National Anti-Profiteering Authority (NAA) recently in case of Pyramid Infratech Pvt. Ltd. [TS-455-NAA-2018-NT] found a case of profiteering u/s 171 of CGST Act,.....
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Due date for September's GSTR-3B extended to October 25
Govt. extends due date for filing of Form GSTR-3B for the month of September 2018, to October 25 : Ministry.....
Eye Share : Issues and challenges revolving around GST audit & annual return and precautions for compliances
GST Audit is applicable to every registered person whose aggregate turnover in a financial year exceeds Rs. 2 Crores which.....
Govt. clarifies on last date for availing ITC for period July 2017 - March 2018
Govt. clarifies on last date available to avail ITC in respect of invoices/debit notes relating to such invoices pertaining to.....
Composition Dealers not required to furnish 'inward supply' details in quarterly return in GSTR-4
Finance Ministry issues clarification on the manner of filing the Quarterly Return by Composition Dealers in FORM GSTR-4; Explains that such.....
Chairman, NAA issues instructions for examination/inspection of anti-profiteering cases in Karnataka
Chairman of National Anti-Profiteering Authority (GST) instructs Joint and Addl. CCT, Enforcement in Bengaluru to inspect cases of dealing in.....