News
No registration for nil-rated inter-State supplies; GST applicable on credit-card fee, explains CBEC
CBEC releases another set of GST FAQs based on tweets under 3 categories, viz. registration, transition and others, with a.....
No changes to Form GSTR-2A, late fee applicable on delayed Form GSTR-2 filing, explains GSTN
GSTN Senior Vice President Rajeev Agarwal explains the modalities of Forms GSTR-2 and GSTR-2A during their webinar on 'Preparation and.....
Govt. notifies due date extension for Forms GSTR-1, GSTR-2 & GSTR-3 for July & August
Central Govt. notifies extension for filing Forms GSTR 1, GSTR-2 and GSTR-3 for the months of July & August; Accordingly,.....
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CBEC releases FAQs on GST applicability to Co-operative society, Property tax/Electricity charges exempt
CBEC issues FAQs on levy of GST on supply of services to Co-operative society; Clarifies that, GST is not leviable.....
Eye Share : GST on license and assignments of copyrights, patents and trademarks
The applicability of GST on Copyrights, Patents, and Trademarks (IPR) is controversial in nature since IPR in its traditional sense.....
Copy of amended CGST Rules, 2017 incorporating E-Way Bill procedure
Copy of Central Goods & Service Tax Rules, 2017 as amended vide Notification No 27/2017-Central Tax; Said Notification prescribed E-way.....
Govt. extends due date for Forms GSTR-1, GSTR-2 & GSTR-3 for Juy & August
Govt.of India decides to extend the dates of Forms GSTR 1, GSTR-2 and GSTR-3 for the month of July to.....
PM exhorts officers for clear tax targets; CBEC President shares pragmatic thoughts on litigation
Rajaswa Gyan Sangam, 2017 concludes, Prime Minister Narendra Modi urges officers to improve their work culture and incorporate a sense.....
GSTN webinar on Form GSTR-2 filing on Sept 6; Video tutorials released for assessees
GSTN to hold a webinar on September 6 at 2.30 pm on 'Preparation and Filing of Form GSTR-2’; Said webinar to cover.....
President promulgates GST (Compensation to States) Amendment Ordinance, 2017
President promulgates Goods and Services Tax (Compensation to States) Amendment Ordinance, 2017; Said amendment increases the Compensation Cess cap to.....
CBEC prescribes detailed procedure for reconciliation of Form GSTR-3B with Form GSTR-1 & 2
CBEC’s GST Policy Wing lays down detailed procedure for reconciliation of information furnished in Form GSTR-3B with that furnished in.....
Govt. waives late fee on failure to furnish July's GST Return by due date
Central Govt. waives late fee payable u/s 47 of CGST Act for all registered persons who failed to furnish return.....
Karnataka GST Rules amended prescribing challan validity, payment by overseas OIDAR service-providers
Karnataka Govt. amends KGST Rules in line with changes to CGST Rules vide Notification No. 22/2017-Central Tax, extends period for.....
Karnataka Govt constitutes State Level Screening Committee on Anti-Profiteering
Karnataka Govt. constitutes State Level Screening Committee on Anti-Profiteering consisting of Shri. G. Narayanaswamy, Commissioner, and Shri. B. A. Naniappa,.....
CBEC FAQs clarify taxation of accommodation services, employee fringe benefits/reimbursements, merchant-exporter supplies
CBEC releases FAQs covering various queries relating to composition, exports, invoice and returns, job work, levy, transition, reverse charge, registration.....
Govt. notifies E-way bill procedure; No conveyance details for transportation within 10 km
Central Govt. notifies Central Goods and Services Tax (Sixth Amendment) Rules, 2017 to prescribe the e-waybill.....
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Union Cabinet gives nod to Ordinance hiking Cess on luxury cars, SUVs
Union Cabinet, chaired by PM Narendra Modi, approves proposal of Finance Ministry to promulgate an ordinance to amend the Goods.....
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Cabinet approves hike in Cess on luxury cars & SUVs
Cabinet approves hike in cess on luxury cars & SUVs to 25% from 15%; Govt to push for a Presidential.....
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ISD only services' credit distribution mechanism, cannot discharge tax liability, explains CBEC
CBEC explains concept of ‘Input Service Distributor’ (ISD) in GST, which is a legacy carried over from service tax regime;.....
No annual return for casual taxable persons, registration & advance deposit mandatory, explains CBEC
CBEC explains concept of 'Casual Taxable Person' in GST, which means a person who occasionally undertakes transactions involving supply of.....