FM Arun Jaitley, after 26th GST Council Meeting said that existing system of filing returns has been extended for another 3months and meanwhile, GOM on the IT will look into it & consult tax experts among others.
All States have joined the Government’s centralized e-way bill system for inter-State transport of goods by road under the GST regime. Accordingly, the Government, on the recommendations of the GST Council, appointed the 1st day of February, 20
Enforcement Action for Fraud in GST Mumbai; Two Businessmen arrested by Officers of CGST, Mumbai for creating fictitious invoices and availing ineligible credit. Officers of CGST Mumbai have arrested two businessmen for creating fictitious invoices
GST Revenue Collections for month of January 2018 (received in January/February upto 25th February) stand at Rs.86,318 crores; 1.03 crore taxpayers have been registered under GST so far till 25thFebruary, 2018. So far 17.65 lakh dealers got registere
Recently, following new functionalities are made available on GST Portal:A) Filing of Form GSTR 3B : Filing of Form GSTR 3B has been made easier and user friendly with following features :a) While proceeding to payment you can see details of balances
Glitches in GSTN portal, cumbersome procedures and documentation and cost of compliance major areas of concernFICCI conducted a survey of enterprises post the implementation of GST in the months of November 2017 to January 2018 to have a reality chec
Advisory for exporters on correctly filing Table 3.1(b) of GSTR 3B.Exporters are advised to maintain consistencies between data provided at GST Portal and ICEGATE Portal while filing Table 6A of GSTR-1.Exporters are advised to provide Complete and Co
Recommendations made by the GST Council for the Housing Sector to promote Affordable Housing for the masses come into force;Concessional Rate of GST of 12% extended to construction of houses constructed/ acquired under the Credit Linked Subsidy Schem
In view of difficulties faced by the trade in generating e-way bill due to initial tech glitches, it has been decided to extend the trial phase for generation of e-way bill, both for inter and intra-State movement of goods. It shall be made compulsor
GST data reveals 50% increase in number of Indirect Taxpayers Economic Survey says-Maharashtra, Gujarat, Karnataka, Tamil Nadu & Telangana account for 70% of India’s exports India’s internal trade in goods and services is 60 percent
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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