GST News

Last date for GSTR1 filing extended to 10th Jan

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]Government of IndiaMinistry of Finance(Department of Revenue)[Central Board of Excise and Customs]Notification No. 71/2017 � Central TaxNew Delhi, the

Total Collection of GST for December month drops to Rs 80808 crores

Total collection under GST for the month of December 2017 has been Rs. 80,808 crores till 25th December 2017 Total Revenue Collection under GST: The total collection under GST for the month of December 2017 has been Rs. 80,808 crores till 25th Decem

CBEC issues 9 new notifications on GST

S. no. Title Notification No. Date 1 Manual filing of applications for GST Advance Ruling and appeals before Appellate Authority for Advance Ruling Circular No. 25/25/2017-GST 21/12/2017 2 Manual filing and processin

Report on impact of GST on Exports

DEPARTMENT-RELATED PARLIAMENTARY STANDING COMMITTEE ON COMMERCE One Hundred and Thirty-Ninth Report on 'Impact of Goods and Services Tax (GST) on ExportsThe Department Related Parliamentary Standing Committee on Commerce, under the Chairmanship o

Taxpayers can now opt for quarterly filing of GSTR 1 Returns

Taxpayers can now opt for quarterly filing of GSTR 1 Returns. Advisory for Taxpayers who have opted for Quarterly filing of Form GSTR 1. Advisory for Taxpayers who have opted for Monthly filing of Form GSTR 1.

GST TRAN 2 now available on GST Portal

Functionality to create and submit Form GSTR 5A by OIDAR (Online Data Access or Retrieval Services) is now available on GST Portal. Form GST TRAN 2 is now available on the GST Portal.

Eway bill to be made compulsory from 1st Feb 2018

The 24th GST Council Meeting held today through video conferencing decides that Inter-State e-way Bill to be made compulsory from 1st of February, 2018; The System to be ready by 16th of January, 2018; The Uniform System of e-way Bill for Inter-State

GSTR 3B filing process simplified

Finance Ministry clarifies on negative effects of tax demands on Software industry

Apprehensions about the negative effects of certain tax demands on the Software Industry are without basis It was reported in certain sections of the Press that tax officials had raised tax demand in respect of export of IT/IT enabled services provid

Govt warns Taxpayers who availed extraordinarily high transitional credit in Tran-1

On filing of Form TRAN-I to avail Input Tax CreditTransition to GST provided for trust based transition of input tax credit of the existing taxpayers. A tax payer could file Form TRAN-1 and avail input tax credit on the basis of closing balance of t