News
Tamil Nadu Govt. divides taxpayer base with Centre; Around 5 lakh taxpayers with State
Tamil Nadu Govt. notifies division of taxpayer base with Central Govt.; 50,175 taxpayers having less than Rs. 1.5 Cr turnover.....
Finmin clarifies taxability of services; Bus body building, tyre retreading constitute "composite supplies"
Govt. (TRU) issues clarifications regarding GST in respect of certain services upon approval of Fitment Committee to the GST Council,.....
GST authorities arrest two Directors for alleged GST evasion
CGST Mumbai Central Commissionerate arrests Directors of 2 Cos. for alleged GST evasion to the tune of over Rs. 7.....
Maharashtra Govt. explains process of submitting LUT for zero-rated supplies on GSTN portal
Maharashtra Govt. explains procedure for online submission of Letter of Undertaking by registered person desiring to make zero rated supply.....
Rs. 86,318 Cr GST revenue collection for January / February; 69% taxpayers file GSTR-3B returns
Govt. records Rs. 86,318 Cr GST revenue collection for the month of January 2018 (received in January / upto February.....
CIC appalled at GSTN's state of affairs; Directs streamlining & compliance with RTI Act
Central Information Commission (CIC) exercises supervisory powers, directs GST Network to suo motu disclose vital information in compliance with Section 4 of.....
CBEC prescribes alternative mechanism for IGST export refunds, in cases of 'invoice mismatch'
CBEC prescribes an alternative mechanism with officer interface to facilitate refund of IGST on exports, thereby giving exporters opportunity to.....
Eye Share : Spearheading GST – Open issues and disputed areas
Even after 8 months of GST rollout, the new indirect tax regime continues to face its own set of hurdles.....
CBEC : Disputed / Blocked transitional credit liable to recovery; Requires 'undertaking' above Rs. 10 lakh
CBEC issues directions with respect to non-transition of CENVAT credit u/s 140 of CGST Act or non-utilization thereof in certain.....
E-way bills for inter-state goods movement from April 1, says GOM Head Sushil Modi
E-way bills for inter-state movement of goods from April 1, says GOM Head & Bihar Dy. CM Sushil Modi; E-way.....
Goa gives one-time opportunity to migrated GST dealers to obtain CST declaration forms
Goa Govt. gives one-time opportunity to migrated GST dealers to apply online and obtain declaration forms ‘C’, ‘F’, ‘H’ and.....
GSTN explains improved GSTR-3B return filing process
GSTN simplifies Form GSTR-3B return filing process; Accordingly, system would now display optimum utilization of ITC which, however, can be.....
Fifteenth Finance Commission invites public suggestions by June 30; To consider GST impact
Fifteenth Finance Commission invites suggestions / views from general public, institutions and organisations on issues related to terms of reference,.....
Maharashtra notifies manual filing & processing of refunds against deemed exports, inverted duty
Maharashtra Govt. notifies procedure for manual filing and processing of refund claim on account of inverted duty structure and deemed.....
Eye Share : Can States take a detour under GST?
One of the main objectives to bring in Goods & Services Tax (GST) in the country was to have a.....
Industry seeks clarification on Anti-profiteering & e-way bill, simpler return filing, robust GSTN portal : Survey
FICCI’s “Taxpayers’ Goods & Services Tax Implementation Experience Survey 2018” conducted amongst both MSME and large corporates, highlights glitches in.....
Singapore to introduce GST on imported services from January 2020
Singapore proposes to introduce GST on imported services on or after January 1, 2020 to ensure a fair and resilient tax system.....
Nagaland Govt. notifies e- way Bill Rules for intra-state goods movement from June 1
Nagaland Govt. notifies e-way Bill Rules for intra- state movement of all taxable goods of any value w.e.f. June 1, 2018 : Nagaland Govt. Notification.....
Govt. issues advisory to exporters for filing IGST refund on GST portal
Govt. issues advisory to exporters for filing refund of IGST paid on export of goods on GST Portal; Requires exporter.....
Telangana Govt. notifies way bill rules for intra-state movement from February 10
Telangana Govt. notifies waybill rules for intra-state movement of goods w.e.f. February 10, 2018 : Telangana Govt. Notification.....