GST News


Latest FAQ and MCQs on GST

   13 September 2018 at 11:52

Chapter IPreliminary and AdministrationFAQ’sDefinitions (Section 2)Section 2 of the Central Goods and Services Tax Act, 2017 (“the CGST Act, 2017” or “the CGST Act”) Agriculturist [Section 2(7)]Q1. Define the term &lsquo

Posted in GST |   13620 Views


GST late fee waiver scheme launched and GSTR1 filing date extended

   10 September 2018 at 19:59

It has been observed that the number of taxpayers who have filed FORM GSTR-3B is substantially higher than the number of taxpayers who have furnished FORM GSTR-1. Non-furnishing of FORM GSTR-1 is liable to late fee and penalty as per the provisions o

Posted in GST  13 comments |   28971 Views


Waiver of Late fee paid for specified classes of taxpayers for FORM GSTR-3B, 4 and 6

   06 September 2018 at 11:35

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section(i)]Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsNotification No. 41/2018 – Central TaxNew Delhi, t

Posted in GST  1 comments |   7953 Views


Extended time limit for GST ITC-01 Declaration

   06 September 2018 at 11:35

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsNotification No.42/2018 – Central TaxNew Delhi, t

Posted in GST |   16287 Views


Eight Amendment in CGST Rules, 2017 - Attach Complete Amendments

   06 September 2018 at 11:35

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsNotification No. 39/2018 – Central TaxNew Delhi,

Posted in GST  1 comments |   4362 Views


GST collection close to Rs 94000 crore in August 2018

   03 September 2018 at 11:48

GST Revenue collection for August 2018 close to ninety-four thousand crore rupees

Posted in GST  3 comments |   7377 Views


Demonetization and its impact on Tax collection : Govt

   31 August 2018 at 11:25

The Reserve Bank has twice released its reports stating that the demonetized Notes of `500 and `1000 have been substantially deposited in the Banks. A widely stated comment has been that just because most of the currency came back into the Banks, th

Posted in GST  15 comments |   11040 Views


Extension of date for filing of IT Returns for taxpayers in Kerala

   29 August 2018 at 16:31

In view of the disruption caused due to severe floods in Kerala, the Central Board of Direct Taxes (CBDT) hereby further extends the “Due Date” for furnishing Income Tax Returns from 31st August, 2018 to 15th September, 2018 for all Incom

Posted in GST  1 comments |   3135 Views


Draft quick insights on GST in various industry

   29 August 2018 at 16:31

Draft Quick Insight on GST - Entertainment Industry, Hospitality Industry, Construction & Infrastructure Industry and Textile Industry Draft Quick Insight on GST - Entertainment Industry Draft Quick Insight on GST - Hospitality Industry Draft

Posted in GST |   3972 Views


Advisory to taxpayers for filing refund application under GST-RFD-01A

   25 August 2018 at 14:01

Advisory to taxpayers for filing refund application under GST-RFD-01A:1. Refund application can be filed using refund application form GST-RFD-01A.2. Refund application filing for multiple tax period is available for the below ground of refunds:- Exp

Posted in GST  2 comments |   6843 Views