News

CBEC seeks verification of CGST transitional credit claims above Rs. 1 Cr. by registered persons
CBEC writes to Chief Commissioners in relation to Rs. 65,000 Cr claimed by registered persons as CGST transitional credit; Directs.....

'Consignment note' sine-qua-non for GTA taxability; Ancillary services liable to GST, explains CBEC
CBEC explains taxability of GTA services under GST regime, states that issuance of consignment note is a sine-qua-non for supplier.....

Finmin notifies registration exemption to job-workers & suppliers of handicrafts making inter-state supplies
Central Govt. notifies exemption from registration to job-workers engaged in making inter-State supply of services to registered person(s), except those.....

Digest : HC allows interim Clean Energy Cess credit utilization; To evaluate CGST & SGST credit utilization for IGST
HC allows interim Clean Energy Cess credit utilization; To evaluate CGST & SGST credit utilization for IGST.....

CBEC : Only 'charitable activities' by trusts exempt; Grant of sponsorship, advertising rights taxable
CBEC explains taxability of charitable institutions and religious trusts under GST regime, states that exemption under Notification No. 12/2017-Central Tax.....
.jpg)
Exclusive : HC to hear petitions challenging Input Tax Credit refund unavailability against exempt supplies
Delhi HC issues notice to Revenue in writ petitions filed by two petitioners seeking refund of CGST & IGST paid.....

FM Jaitley constitutes Group of Ministers for IT challenges & Committee on Exports
Finance Minister Arun Jaitley constitutes a Group of Ministers and a Committee on Exports in pursuance of decision taken during.....
.jpg)
Notification prescribing hike in Compensation Cess on motor vehicles w.e.f September 11
Central Govt. notifies hike in Compensation Cess on motor vehicles w.e.f. September 11; As per the said Notification, motor vehicles.....

Notifications extending filing of Forms GSTR-1, GSTR-2, GSTR-3 & GSTR-6
CBEC notifies extension of deadlines for filing of Forms GSTR-1, GSTR-2, GSTR-3 and GSTR-6.....

Exclusive : Exporter gets interim relief; HC allows Advance Authorisation imports sans IGST payment
Delhi HC grants interim relief to petitioner who had challenged curtailment of duty exemption benefits under Advance Authorization scheme of.....

Cess on mid-segment, large-cars & SUVs hiked; Lower rate for construction services to Govt.
Compensation Cess on mid-segment cars (engine < 1500 cc) has been increased to 17%, on large cars (engine > 1500.....

Council revises rates for 40 items, 5% on Duty Credit Scrips; Clarifies 'registered brand'
GST Council approves revision of GST rates for 40 items; Accordingly, some of the items now exigible to 5% are.....

Form GST TRAN-1 filing extended to October 31; Window to opt composition open till September 30
GST Council recommends continuation of Form GSTR-3B for the months of August to December 2017, while dispensing with requirement of.....

FM confirms GST return filing deadline extension for July; Works contract definition extended
Finance Minister Arun Jaitley confirms extension of GSTR-1 return filing deadline; New schedule of dates for July returns released by.....

Form GSTR-1 deadline extended to October 10: CNBCTV18
Form GSTR-1 deadline extended to October 10: CNBCTV18.....

Govt to extend GST Return filing deadline
Govt to extend GST Return filing deadline: Sources to CNBC TV-18.....

A.B. Pandey appointed new GSTN Chairman
UIDAI (Aadhaar) DG Abhay Bhushan Pandey appointed GSTN Chairman; Revenue Secy. Hasmukh Adhia tweets that Mr. Pandey brings with him.....

CBEC urges timely GST Return filing; Late fee applicable on delayed Form GSTR-1 submission
CBEC urges taxpayers to file GST Returns within prescribed timelines, states that supplier will not be able to upload invoices.....

CBEC wants efficacious defence in GST related petitions; Nominates Advance Ruling Appellate Authority
CBEC issues advisory to officers on efficaciously defending various issues relating to GST raised in writ petitions / PILs before.....

Young officers drivers of GST, must ensure smooth revenue collection & integrity, advises President
President of India Shri. Ram Nath Kovind addresses a group of IRS (Customs & Central Excise) probationers, stressing upon the.....