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