GST News

CAclubindia and Udyog Software join hands for GST Software Solutions

24 August 2017 at 11:52

CAclubindia, the largest online interactive platform for the finance and tax professionals in India andUdyog Software (India) Ltd. ,the undisputed leader in providing end-to-end GST compliance software to businesses of any sizes and nature in India,

Posted in GST | 1 comments | 6885 Views

Last date for GST payment and GSTR3B return extended by 5 days

19 August 2017 at 20:59

LAST DATE FOR PAYMENT OF GST AND FILING OF RETURN FOR JULY 2017 EXTENDED BY 5 DAYS The last date for payment of taxes and filing of GST Return in Form 3B for the month of July is 20th of August 2017. Since it is the first Return to be filed under GST

Posted in GST | 4 comments | 24780 Views

Budgetary Support under GST to industrial units located in J&K and NE states to continue

18 August 2017 at 11:51

Cabinet approves Scheme of Budgetary Support under GST Regime to the eligible units located in States of Jammu & Kashmir, Uttarakhand, Himachal Pradesh and North Eastern States including Sikkim The Cabinet Committee on Economic Affairs chaired by

Posted in GST | 3528 Views

Clarification regarding transitional credit and extension of GSTR3B

17 August 2017 at 23:15

Press Information Bureau Government of IndiaMinistry of Finance17-August-2017 20:03 ISTOn Clarification regarding availability of Transitional Credit for GST As per the rules, the Goods and Services Tax (GST) for the month of July 2017 has to be paid

Posted in GST | 8 comments | 47244 Views

GST extension to J&K will lead to its Economic Integration

12 August 2017 at 12:57

Monsoon Session 2017 concludes Productivity of Lok Sabha 77.94% and that of Rajya Sabha 79.95%; 13 Bills passed by both Houses of Parliament during the Session GST extended to Jammu & Kashmir, will lead to its Economic Integration with the rest o

Posted in GST | 2 comments | 3843 Views

Extension of due date of GST returns

08 August 2017 at 23:38

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 20/2017 � Central Tax New Delhi

Posted in GST | 14 comments | 72081 Views

GST Council recommends increase in Compensation Cess on Motor Vehicles

08 August 2017 at 11:37

GST Council Recommends Increase in Maximum Ceiling of Cess Leviable on Motor Vehicles Falling Under Headings 8702 and 8703 to 25% Instead of Present 15% The GST Council considered the issue of cess leviable on motor vehicles in its 20th meeting held

Posted in GST | 4479 Views

Decisions taken on 20th GST council meeting

07 August 2017 at 11:49

Decisions taken on Services at 20th GST Council Meeting on 5 August, 2017 S. No. Description of service From To 1. Job work services in respect of the textiles and textile products (including MMF yarn, garments, made-ups, etc. fal

Posted in GST | 2 comments | 9576 Views

Eighteen sectoral group under GST

05 August 2017 at 11:08

The Goods and Services Tax (GST) Council in its 14th meeting held on 18-19 May, 2017 approved the constitution of eighteen sectoral groups to ensure smooth roll-out of GST. The Council has received reports from sixteen out of the eighteen sectoral gr

Posted in GST | 1 comments | 6525 Views

Post GST reduction of incidence of Tax on Coal Consumers

04 August 2017 at 11:01

In pre GST regime there was Excise Duty on Coal @ 6% , Stowing Excise Duty @ Rs. 10 per tonne of coal production, VAT@ 5% (on intra-state sale), Central Sales Tax @ 2% (on inter-state sale, on submission of Form C) . Post implementation of GST all th

Posted in GST | 1 comments | 4047 Views