News

E-Way Bill starts February 1 – Here’s what Experts have to say
E-Way Bill starts February 1 – Here’s what Experts have to say.....

Govt. notifies GST rates & exemptions for services, pursuant to GST Council recommendations
Copies of Notifications notifying revised GST rates of various services & exemptions, reverse charge mechanism for immovable property renting by.....

Copy of CGST Rules 2017 amended upto January 23
CBEC releases copy of CGST Rules 2017 as updated upto January 23, 2018.....

CBEC notifies reduction in delayed returns late fees, e-waybill website & amended CGST Rules
CBEC notifies reduction of late fee to Rs. 25 per day in case of delayed filing of Forms GSTR-1, GSTR-5,.....

President gives nod to hike in Compensation Cess on motor vehicles
President gives assent to amendment to Goods & Services Tax (Compensation to States) Act, 2017; The Goods and Services Tax.....

Govt. extends Form GSTR-3B date for December, to January 22nd
Govt. extends last date for filing return in Form GSTR-3B for the month of December, 2017 by two days to January.....
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West Bengal notifies Advance Ruling Authority Regulations w.e.f. July 1
West Bengal Govt. notifies Authority for Advance Ruling Regulations 2018 w.e.f. July 1, 2017, but there will be no restriction.....
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Catering services by specified educational institutions exempt, by any other person taxable
Finance Ministry (TRU) issues further clarification on applicability of GST in college hostel mess, states that if catering services is.....

GST Council announces Rates reliefs from Jan 25; Inter alia permits voluntary registration cancellation before 1 year
GST Council recommends many relief measures regarding GST rates on goods & services covering many sectors and commodities to come.....

GST Council rationalises rates; Considers simpler Returns model; Intra-state e-waybills from February 1 in 15 States
GST Council in its 25th meeting, discusses making return filing process simpler, mulls continuing with Form GSTR-3B and loading of invoices.....

Goa Govt. constitutes Authority for Advance Ruling under GST
Goa Govt. constitutes Authority for Advance Ruling under GST; AAR consists of Addl. Commissioner of State Tax, Shri Rajan K......
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Maharashtra GST Practitioners' Association urges simpler return filing system, ITC refunds against merchant-exports
Goods & Service Tax Practitioners' Association of Maharashtra submits representation to Finance Ministry stressing on the necessity to change the.....

CBEC answers questions for Transport & Logistic sector; Clarifies road transport, air journeys taxability
CBEC releases FAQs for transport & logistics sector, says that while transportation of goods by road is exempt vide Notification.....

Taxsutra and ELP Present Special Monthly Newsletter - 'Navigating GST'
Taxsutra and ELP Present Special Monthly Newsletter - 'Navigating GST'.....

Finmin clears air over Form GSTR-1 deadline; Advises taxpayers to ignore 'fake' extension Notification
Finance Ministry clarifies that there is no extension of last date for filing of Form GSTR-1; States “GST Taxpayers are.....

Supply of food & drinks in college hostel mess taxable at 5%, clarifies Finmin
Finance Ministry (TRU) clarifies taxability and rate of GST on services by a college / educational institution hostel mess; Says.....

CBEC releases compilation of 51 GST flyers, updated upto January 1
CBEC releases a compilation of 51 GST flyers to promote conceptual understanding of GST; Said flyers inter-alia cover topics such.....

Finmin explains GST levy on accommodation, betting & gambling, horse racing, printing services
Finance Ministry (TRU) explains levy of GST on supply of services such as accommodation, homestays, betting and gambling in casinos,.....

Parliamentary Committee's Report on 'exports' inter alia recommends dispensing with "rigmarole" of refund mechanism
Dept. Related Parliamentary Standing Committee on Commerce presents 139th report on ‘Impact of GST on Exports’, notes several operational issues.....

CBEC releases updated FAQs on GST as on January 1, 2018
CBEC releases an updated set of FAQs on GST; Said edition, as on January 1, 2018, contains 24 Chapters and.....