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.....

Sep 15,2017

'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.....

Sep 15,2017

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.....

Sep 15,2017

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.....

Sep 14,2017

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.....

Sep 14,2017

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.....

Sep 13,2017

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.....

Sep 12,2017

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.....

Sep 12,2017

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.....

Sep 11,2017

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.....

Sep 11,2017

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.....

Sep 11,2017

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.....

Sep 10,2017

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.....

Sep 09,2017

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.....

Sep 09,2017

Form GSTR-1 deadline extended to October 10: CNBCTV18

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

Sep 09,2017

Govt to extend GST Return filing deadline

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

Sep 09,2017

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.....

Sep 08,2017

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.....

Sep 08,2017

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.....

Sep 08,2017

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.....

Sep 07,2017

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