Archives for August 17, 2017
Condition for furnishing the return in FORM GSTR-3B
CBEC has notified the conditions for furnishing the return in Form GSTR-3B You can read the notification below and the TaxGrid analysis of the following impact will follow soon. Be…
Central Goods and Services Tax (Fifth Amendment) Rules, 2017 notified
CBEC has notified Central Goods and Services Tax (Fifth Amendment) Rules, 2017 via Notification No. 22/2017 – Central Tax. You can read the notified amendment rules below and the TaxGrid…
Clarification regarding availability of Transitional Credit for GST
Finally, government has released the much awaited clarification regarding transitional ITC availment in GSTR-3B for the month of July. You can read the press release below and the TaxGrid…
Is transitional ITC to be declared in GSTR-3B?
Is transitional ITC or closing ITC balance of June to be declared in GSTR-3B? The major question which dealers are facing in GST regime is whether the transitional ITC or…
GST Payment Process
Under GST law, the tax has to be paid by generating a challan which will be also saved on the portal. This challan creation process is although simple but some taxpayers…