Archives for 2017 - Page 8
Taxpayers can now make Core Field Amendments on the GST Portal
GSTN made the announcement today through its GST Tech twitter handle, that now taxpayers can amend the core fields of registration. So if anybody wants to make changes like the addition…
Now All legal services gets covered under GST
A corrigendum to Notification No. 13/2017 dt. 28 June 2017 (Central/ Integrated/ UT Tax Rate) has been issued, which changes the description of the earlier issued notification to cover…
Government issues new GST Revenue Figures
Ministry of Finance made the press release today issuing the new figures of revenue from GST. As said in the press release the revised figure of GST revenue for the…
Blockage of Working Capital of Exporters
Ministry of Finance makes clarifies that the apprehension being expressed regarding the blockage of working capital for exporters in GST regime and media reports relating to this are not based…
Clarification about Transition Credit
In the recent press release Ministry of Finance, made it clear that some people are under the wrong impression that the transitional credit of Rs 65000 crores claimed, have resulted…
Now taxpayers can edit GSTR3B
In the recent tweet, GSTN (Goods and Services Tax Network) released a poster claiming that now Taxpayers who have not set off their tax liability for GSTR3B for July 2017 and…
What was the confusion regarding last date of filing FORM GST TRAN-1?
Why taxpayers got confused as to what is the last date of filing FORM GST TRAN-1 owing to the consecutive press release, notification, and order issued by CBEC? Many taxpayers…
Extension of time limit for filing GST FORM TRAN-1
CBEC has released the order clarifying the ambiguity regarding the extension of date for filing FORM GST TRAN-1. There was confusion as to whether the last date for filing FORM…
FAQ’s of the day by GOI
The government released some of the Frequently asked questions, on its Twitter handle Compilation of the FAQ's for the day released can be found below:
TDS Provision applicable from 18th September 2017
18th September 2017 is the day from which TDS provisions shall come into force by Notification No. 33/2017 – Central Tax and Section 51 of the Central Goods and Service…