PLEASE CONFIRM

Dear All,

The CBIC has issued Notifications related to recommendations made during 31st Meeting of the GST Council, the gist and relevant part is reproduced below for ready reference.

1. Order No. 2/2018: The due date for availing ITC on the invoices or debit notes relating to such invoices issued during the FY 2017-18 is extended till 31st March, 2019.

2. Order No. 3/2018: The due date for furnishing of annual returns in FORM GSTR-9, FORM GSTR-9A and reconciliation statement in FORM GSTR-9C for the FY 2017-2018 is extended till 30.06.2019.

3. Order No. 4/2018: The due date for furnishing the statement in FORM GSTR-8 by e-commerce companies for the months of October to December, 2018 is extended till 31.01.2019.

4. Notification No. 67/2018: The time period specified in notification No. 31/2018-CT dated 06.08.2018 for availing the special procedure for completing migration of taxpayers who received provisional IDs but could not complete the migration process extended.

a. The details should be furnished by such taxpayers to the jurisdictional nodal officer of the Central Government or State Government on or before the 31st January, 2019.

b. Upon receipt, such taxpayers are required to furnish the following details to GSTN by email, on or before the 28th February, 2019, to migration @ gstn.org.in

5. Notification No. 68/2018: The time limit for furnishing the return in FORM GSTR-3B for the newly migrated taxpayers extended for the period "July, 2017 to February, 2019" till "31st day of March, 2019

6. Notification No. 69/2018: The time limit for furnishing the return in FORM GSTR-3B for the taxpayers extended for the period "July, 2017 to February, 2019" till "31st day of March, 2019".

7. Notification No. 71/2018: The time limit for furnishing the details of outward supplies in FORM GSTR-1 for the taxpayers extended for registered persons having aggregate turnover of up to 1.5 crore rupees in the preceding financial year or the current financial year, the due date for the "July, 2017 to December, 2018" till "31st day of March, 2019".

8. Notification No. 72/2018: The time limit for furnishing the details of outward supplies in FORM GSTR-1 for the taxpayers extended for registered persons having aggregate turnover more than 1.5 crore rupees in the preceding financial year or the current financial year, the due date for the "July, 2017 to February, 2019" till "31st day of March, 2019".

9. Notification No. 73/2018: The supplies made by Government Departments and PSUs to other Government Departments and vice-versa are exempt from TDS, the following services are:

(a) an authority or a board or any other body, -

(i) set up by an Act of Parliament or a State Legislature; or
(ii) established by any Government, with fifty-one per cent. or more participation by way of equity or control, to carry out any function;

(b) Society established by the Central Government or the State Government or a Local Authority under the Societies Registration Act, 1860 (21 of 1860);

(c) public sector undertakings.

10. Notification No. 75/2018: The amount of late fee payable under section 47 of the said Act shall stand waived for the registered persons who failed to furnish the details of outward supplies in FORM GSTR-1 for the months/quarters from July, 2017 to September, 2018 by the due date but furnishes the said details in FORM GSTR-1 between the period from 22nd December, 2018 to 31st March, 2019.".

11. Notification No. 76/2018: the amount of late fee payable under section 47 of the said Act shall stand waived for the registered persons who failed to furnish the return in FORM GSTR-3B for the months of July, 2017 to September, 2018 by the due date but furnishes the said return between the period from 22nd December, 2018 to 31st March, 2019.

12. Notification No. 77/2018: The amount of late fee payable under section 47 of the said Act shall stand waived for the registered persons who failed to furnish the return in FORM GSTR-4 for the quarters from July, 2017 to September, 2018 by the due date but furnishes the said return between the period from 22nd December, 2018 to 31st March, 2019.".

13. Notification No. 78/2018: The Commissioner, hereby extends the time limit for furnishing the declaration in FORM GST ITC-04 of the said rules, in respect of goods dispatched to a job worker or received from a job worker, during the period from July, 2017 to December, 2018 till the 31st day of March, 2019.

Notification No. 29/2018-Central Tax rate dt. 31.12.2018 w.e.f 1st Jan 2019
Services provided by non corporate entity to a registered person other than composition dealer and a Department of Government registered only to deduct and deposit TDS U/s 51 is under RCM.
Services provided by corporate entity are in forward charge i.e they will charge GST in there invoice and deposit the same.

Corporate Entity:’-
A group of persons who are deemed in law to be a single legal entity. The Corporate entity is legally distinct from its members it has legal personality and can hold property, sued and be sued in its own name as if it were a natural person and can issue shares of stock to raise funds with which to start a business or increase its capital.
If we are receiving any service in relation to security services from a non corporate business entity we are to pay GST @ 18% under RCM (Reverse Charge Basis) w.e.f 1st Jan 2019.
In case some bills are pending for payment in relation to services provided, prior to the period 1st Jan 2019, the service provider will charge GST and Pay in Government treasury.