GST News


17th GST council meeting scheduled on Sunday, 18th June

   15 June 2017 at 16:06

The Union Finance Minister to chair the 17th Meeting of the GST Council on Sunday, 18th June, 2017 The Union Minister for Finance, Defence and Corporate Affairs, Shri Arun Jaitley will chair the 17th Meeting of the GST Council scheduled to be held on

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Carry Forward of unavailed Cenvat Credit for natural resources

   15 June 2017 at 11:33

Carry Forward of unavailed Cenvat Credit in respect of assignment of right to use any natural resource under GST; Cenvat Credit Rules amended so as to provide that Cenvat credit in respect of such services which remains unavailed on the day immediate

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Govt emphasizes that GST will be rolled out on 1st July

   13 June 2017 at 16:47

Government emphasizes that Goods and Services Tax (GST) is scheduled to roll-out on 1st July, 2017; CBEC in coordination with the State Governments has increased their Outreach Programmes so as to reach the last trader. The Government of India has em

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1st July is not feasible for GST introduction says BCAS

   13 June 2017 at 11:15

Sub: Suggestions for Smooth Implementation of GST 1st July is not feasible for introduction As appears from the news paper reports, it looks like, that the Government is in a hurry to implement GST with immediate effect. The proposed date, 1st July 2

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Decisions in regard to Services taken by the GST Council in the 16th meeting held on 11th June 2017

   12 June 2017 at 16:37

Decisions in regard to Services taken by the GST Council in the 16th meeting held on 11th of June 2017 1. In the list of service tax exemptions to be continued in GST as approved by the GST Council, after S.No. 83, the following shall be inserted &nd

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Final GST Registration Rules and Format of Forms

   12 June 2017 at 16:37

CHAPTER---REGISTRATION1. Application for registration(1) Every person (other than a non-resident taxable person, a person required to deducttax at source under section 51, a person required to collect tax at source under section 52 anda person supply

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Final GST Rules - Accounts and Record Rules - Rules and Formats

   12 June 2017 at 16:37

CHAPTER�ACCOUNTS AND RECORDS1. Maintenance of accounts by registered persons(1) Every registered person shall keep and maintain, in addition to the particularsmentioned in sub-section (1) of section 35, a true and correct account of the goods o

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Revised Threshold for Composition Scheme

   12 June 2017 at 11:48

REVISED THRESHOLD LIMIT FOR COMPOSITION LEVY[As per discussions in the 16th GST Council Meeting held on 11th June, 2017] 1. Sub section (1) of section 10 read with sub-section (2) of the same section of the Central Goods and Services Tax Act, 2017 [C

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IGST Exemptions approved by the GST Council

   12 June 2017 at 11:48

IGST Exemption under GST[As per discussions in the 16th GST Council Meeting held on 11th June, 2017 I . Bilateral Commitments � Imports under Agreement between India and Pakistan / Bangladesh for regulation of Bus Service S No. Notifica

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Revised GST rates on goods approved by GST council on 11th June

   12 June 2017 at 11:37

REVISED GST RATE FOR CERTAIN GOODS[As per discussions in the 16th GST Council Meeting held on 11th June, 2017] S. No. Chapter / Heading / Sub- heading / Tariff item Description of goods Earlier GST rate approved by the GSTCou

Posted in GST |   21456 Views