GST News
Various Cesses abolished in last 3 years for roll out of GST
08 June 2017 at 11:15The Central Government abolished various Cesses in the last three years for smooth roll-out of GSTThe Central Government in the last three General Budgets viz 2015-16, 2016-17 and 2017-18 has gradually abolished various cesses on goods and services i
Ministries to setup and activate a GST Facilitation Cell
07 June 2017 at 11:02Cabinet Secretary asks the different Ministries/Departments and Public Sector Undertakings (PSUs) under these Ministries to set-up and activate a GST Facilitation Cell to provide all possible support to the business and industry sector for the smooth
Seven States yet to pass the SGST Act
06 June 2017 at 11:1624 States pass the State GST (SGST) Act While 7 States viz. Meghalaya, Punjab, Tamil Nadu, Kerala, Karnataka, Jammu & Kashmir and West Bengal have yet to pass the SGST Act. Twenty Four (24) States have passed the State GST (SGST) Act till today i
PM reviews progress towards beginning of GST on July 1
06 June 2017 at 11:16The Prime Minister, Shri Narendra Modi, reviewed the status of GST, which is to be implemented from July 1. The meeting, which lasted for over two and a half hours, was attended by Finance Minister Arun Jaitley, and top-most officials from the Minist
GST rate for goods decided on 3rd June meeting
05 June 2017 at 11:21GST rate for goods decided on 3rd June meeting PFA the file to know in details
IGST Exemptions/Concessions under GST
05 June 2017 at 11:21IGST Exemptions/Concessions under GST[As per discussions in the GST Council Meeting held on 18th/19th May, 2017
Addendum to the GST Rate Schedule
05 June 2017 at 11:21ADDENDUM TO THE GST RATE SCHEDULE FOR GOODS[As per discussions in the GST Council Meeting held on 3rd June, 2017]The following amendments / additions are required to be made to the aforesaid document:1. In Chapter 15, in the 18% rate column, the part
GST Return Rules and formats
05 June 2017 at 11:21Chapter -RETURNS1. Form and manner of furnishing details of outward supplies(1) Every registered person (other than a person referred to in section 14 of the Integrated Goods and Services Tax Act, 2017) required to furnish the details of outward supp
15th Meeting of the GST Council to be held on 3rd June
03 June 2017 at 12:4515th Meeting of the GST Council to be held tomorrow, 3rd June, 2017 - Approval of amendments to the draft GST Rules and related forms and Finalisation of the rates of tax and cess on the remaining commodities are on the Agenda among others for tomorr
Declaration of GSTIN in Custom documents mandatory from 1st July
01 June 2017 at 10:45Declaration of valid GSTIN in Customs documents (BE/SB) would be mandatory w.e.f. 0000 hrs of 01-07-2017, the likely implementation date of GST, to avail IGST credit on Imports or GST refund on exports. The declared GSTIN would be validated for corre
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