News

CBIC urges effective assistance to Govt. Counsels, monitoring of writ-petitions involving GST matters
In furtherance of advisory on efficacious defence in GST related issues raised in writ petitions / PILs before HCs, CBIC.....

Intra-State E-way Bill threshold enhanced to Rs. 1 lakh in Maharashtra w.e.f. July 1
Maharashtra Govt. enhances threshold for E-way Bill for intra-State movement of goods to Rs. 1 lakh, w.e.f. July 1, 2018;.....

Catch the recap of Webinar on '1 Year of GST - Taking Stock with Tax Stalwarts'
A year after the midnight launch of GST in the Central Hall of Parliament, touted as the 'Good and Simple Tax' by.....

11.9% increase in collections in first year of GST; Rs. 95,610 Cr revenue in June 2018
11.9% increase in collections in first year of GST; Rs. 95,610 Cr revenue in June 2018.....

Govt. issues Notifications exempting GST under reverse charge mechanism till September 30
Govt. issues Notifications exempting payment of GST on reverse charge basis u/s 9(4), 5(4) and 7(4) of the CGST Act,.....

Govt. defers TDS / TCS provisions, reverse charge mechanism till September-end
GST Implementation Committee decides to keep in abeyance GST provisions relating to reverse charge mechanism, tax deducted at source (TDS).....

Exclusive : CBIC Chief expects tax buoyancy in coming months; Petroleum products eventually under GST
CBIC Chairperson Vanaja N. Sarna, speaking exclusively to CNBC-TV18 on the cusp of completion of first year of GST implementation,.....

CBIC modifies detention & confiscation procedure; Prescribes norm to avoid verification by different authorities
CBIC modifies Circular No. 41/15/2018-GST to prescribe ‘3 days’ instead of ‘3 working days’ for the proper officer to conclude.....

Delhi Govt. calls for SGST revenue augmentation, appropriate action on GST returns analysis
Delhi Dept. of Trade & Taxes, during its review meeting held on May 31, directs all ward / zone incharges.....

Rs. 41,548 Cr total GST refund disposed till June 16; Rs. 6,087 Cr IGST refunds sanctioned in 2nd Fortnight
Central Govt. releases figures of GST refunds disposed till June 16, 2018 i.e. by the end of 2nd Special Refund Fortnight;.....

DGGI launches indirect tax enforcement drive, detects Rs. 438.52 Cr evasion so far
Directorate General of GST Intelligence (DGGI) launches pan India indirect tax enforcement drive, against 110 indirect tax evaders at 125.....

Common enrolment for transporters for e-Way Bills; Seizure / Confiscation orders made available online
Central Govt. notifies CGST (Sixth Amendment) Rules 2018 from date of their publication in Official Gazette; Inter alia allows common.....

Finance Ministry lauds economy formalization & tax base widening; GST a "premium on honesty"
Finance Ministry lauds implementation of GST, which has led to formalization of economy and widening of tax base; Inter alia.....

Tamil Nadu re-constitutes Advance Ruling Authority under GST regime
Tamil Nadu Govt. re-constitutes Authority for Advance Ruling under GST; AAR to comprise of Tmt. Manasa Gangotri Kata (Jt. Commissioner.....

After West Bengal, Delhi Govt. enhances intra-state e-Way Bill threshold to Rs. 1 lakh
Delhi Govt. enhances threshold limit for e-Way Bill generation for intra-state movement of goods; Notifies that, “no e-way bill in.....

Assam Govt. issues guidelines for 'mobile squads' functioning for e-way bill verification
Assam Govt. issues guidelines regarding the functioning of ‘Mobile squads’ w.e.f. July 1, 2018 for verification of e-way bill in course.....

CBIC : Accommodation, hotel services to SEZs constitute 'inter-state' supplies; 'Zero-rating' for authorised operations
CBIC clarifies that services of short term accommodation, conferencing, banqueting etc. provided to SEZ developer / unit shall be treated.....

Govt. enables updation of authorized signatory's email & mobile number on GST system
Govt. allows updation of email and mobile number of authorized signatory by taxpayers on GST system, with the assistance of.....

Odisha Govt. constitutes Appellate Authority for Advance Ruling under GST
Odisha Govt. constitutes the State Appellate Authority for Advance Ruling under GST, to hear appeals against advance rulings pronounced by.....

Modified inverted duty refund formula from July 1, 2017; Copy of amended CGST Rules & more..
Modified inverted duty refund formula from July 1, 2017; Copy of amended CGST Rules & more.......