Author Archives: taxgrid - Page 14
Now Letter of Undertaking can be furnished by any exporter
Notification No. 37 /2017 – Central Tax has been issued whereby it has been notified that now the Letter of Undertaking can be furnished by any registered person in place…
Facility to opt out from composition scheme enabled
It has been announced by GSTN that now the facility to opt out from composition scheme has been made available on the common portal. So taxpayers waiting to opt-out can…
GST Tech FAQ’s for guidance to amend the fields on GST Portal
Read various FAQs released by GSTN on Twitter through its GST Tech Twitter handle. These FAQs guide taxpayers for amending various fields on GST Common Portal.
Confusion on extension of last date for submission of Transition for the purpose of CGST Rule 118, 119, 120
Order was released by CBEC to clarify that the last date of filing FORM GST TRAN-1 is extended till 31st October 2017, but the order talked about only CGST Rule…
Central Goods and Service Tax Eighth Amendment Rules Released
CBEC issued Notification No. 36/2017- Central Tax notifying the eighth amendment rules. In the amendment rules, main changes have been made with respect to rules relating to transition. Read the Notification…
Services associated with transit cargo to Nepal and Bhutan exempted
CBEC issued Notification No. 30/2017- Central Tax (Rate) to exempt the services associated with transit cargo to Nepal and Bhutan. Notification inserts entry 9B in the previously issued Notification No. 12/2017…
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…