GST Updates

Extracts of WB Budget Speech 2020-2021 dated 10.02.2020

10.02.2020

Shri Amit Mitra, Hon’ble Minister for Finance & Excise, Commerce & Industries
Government of West Bengal, presented the State Budget for 2020-21 today.

Read more...

 

Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019

18.09.19

The Government of India has announced the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 as a part of Union Budget. It has come into force on the 1st day of September, 2019.

Read more...

Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019

18.09.19

The Government of India has announced the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 as a part of Union Budget. It has come into force on the 1st day of September, 2019.

Read more...

Extension of time limit for declaration in FORM GST ITC-04

29.06.19

The Commissioner, vide Notf. No. 32/2019 – CT dated 28.06.2019, has extended the time limit for furnishing the declaration in FORM GST ITC-04 for the period from July, 2017 to June, 2019.

Read more...

Due Dates for filing GSTR 3B

29.06.19

As per Notification No. 29/2019 - Central Tax dated 28.06.2019, the Commissioner, on the recommendations of the Council, has specified the due dates of furnishing details in FORM GSTR-3B electronically through the common portal.

Read more...

Due dates for filing GSTR-1

29.06.19

Vide Notf. No. 27/2019 - CT & Notf. No. 28/2019 - CT dated 28.06.2019 dated 28.06.2019, the time period for furnishing the details of outward supplies in FORM GSTR-1 has been notified.

Read more...

Highlights of 35th GST Council Meeting.

22.06.19

The 35th GST Council Meeting was held on 21.06.2019 under the chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. The GST Council recommended the following changes.

Read more...

Real Estate: 34th Council Meeting on Tuesday, March 19, 2019 – A Quick Update

19.03.19

The proposed new scheme of payment of composition tax (5% or 1% as the case may be, without any input tax credit benefit....

Read more...

Real Estate: Recommendations of the 33rd GST Council Meeting

25.02.19

Considering the vision “Housing for All by 2022” and to boost the residential segment of the real estate sector in this regard, following recommendations were made by the GST Council in its 33 meeting held on 24.02.2019.

Read more...

Extension of due date for filing GSTR 3B for the month of January, 2019

21.02.19

The return in FORM GSTR-3B for the month of January, 2019 shall be furnished electronically through the common portal, on or before 22nd February, 2019.

Read more...

Removal of Difficulties Order

04.01.19

In exercise of the powers conferred by Section 172 of the CGST Act, 2017, the Central Government, on recommendations of the Council,makes the Orders, to remove the difficulties.

Read more...

Notified recommendations of the Council

03.01.18

All the mentioned Notifications are applicable w.e.f. 31.12.2018 in absence of date specifically appointed in the respective Notifications.

Read more...

Policy Recommendations made during the 31st Meeting of GST Council

28.12.18

Highlights of the 31st GST Council held at New Delhi on 22nd December, 2018.

Read more...

Extension of filing of GSTR-9, GSTR-9A & GSTR-9C

08.12.18

The competent authority has decided to extend the due date for filing FORM GSTR-9, FORM GSTR-9A and FORM GSTR-9C till 31st March.

Read more...

Exempt supply from PSU to PSU from applicability of provisions relating to TDS

06.11.18

Provision of Section 51 will not apply on supply of goods or services or both from a public sector undertaking to another public sector undertaking

Read more... 

 

Extension of due date for filing GSTR 3B for the month of September, 2018

23.10.18

FORM GSTR-3B for the month of September, 2018 shall be furnished electronically through the common portal, on or before 25th October, 2018.

Read more...

Common errors made in returns for the FY 2017-18 to be taken care of in the return for the month of Sept’2018

10.10.18

Common errors made in returns for the FY 2017-18 to be taken care of in the return for the month of Sept’2018

Read more...

Relaxation in imposition of penalty in case of minor discrepancies in the e-way bill

29.09.18

The Central Board of Indirect Taxes and Customs, vide Circular No. 64/38/2018-GST dated 14.09.2018, has clarified the issues, as mentioned below, relating to the e-way bill in case of transport of consignment of goods.

Read more...

TCS rate notified for e-commerce operator

29.09.18

The Central Government vide Notification No. 52/2018 – Central Tax dated 20.09.18 has notified TCS rate for  electronic commerce operator.

Read more...

Applicability of TDS & TCS

14.09.18

The Central Government appoints 1st October, 2018 as the date on which provisions of Section 51 (i.e. tax deduction at source) and provisions of Section 52 (i.e. collection of tax at source) shall come into force.

Read more...

E-way bill in case of storing of goods in godown of transporter

14.09.2018

The Central Board of Indirect Taxes and Customs, vide Circular No. 61/35/2018-GST dated 04.09.2018, has clarified the issues, as mentioned below, relating to the difficulties faced by the transporters and the consignee / recipient taxpayer.

Read more...

Extension of time limit for GSTR-1 and GSTR 3B (for specified persons)

12.09.2018

The Commissioner vide Notification No. 44/2018 - Central Tax dated 10.09.2018, on the recommendation of the Council, has extended the time limit.

Read more...

Extension of time limit for declaration in FORM GST ITC-01

05.09.18

Registered persons who have filed the application in FORM GST-CMP-04 between 02.03.2018 and 31.03.2018 are required to file declaration in FORM GST ITC-01 by 04.10.2018.

Read more...

Waiver of late fee paid

05.09.18

The Central Government, on the recommendations of the Council, vide Notification No. 41/2018 – Central Tax dated 04.09.2018, has waived the late fee paid, for specified classes of taxpayers.

 Read more...

Extension of time limit for declaration in FORM GST ITC-04

05.09.18

Registered persons are required to file declaration in FORM GST ITC-04 by 30.09.2018 for the period July’17 to June’18.

Read more...

Extension of due date for filing GSTR 3B for the month of July, 2018

22.08.18

The due date for filing of return in Form GSTR-3B for the month of July, 2018 is extended till 24.08.2018.

Read more...

Due Dates of filing of Return and late fees payable (CGST Act, 2017)

16.08.18

Frequent changes made in respect of returns notified by CBIC from time to time along with the modification made in late fees payable u/s 47 of the CGST Act, 2017.

Read more...

Due Dates for filing GSTR 3B

10.08.18

As per Notification No. 34/2018 - Central Tax dated 10.08.2018, the Commissioner, on the recommendations of the Council, has specified the due dates for furnishing the return for the month in FORM GSTR 3B.

Read more...

Extension of time limit for GSTR-1

10.08.18

The time limit for furnishing the details of outward supplies in FORM GSTR-1 by registered persons having aggregate turnover of more than 1.5 crore rupees and up to 1.5 crore rupees  in the preceding financial year or the current financial year has been notified.

Read more...