Author Archives: taxgrid - Page 15
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…
GSTR3B continues till December
In 21st GST council meeting, it was decided that GSTR-3B shall be continued until the month of December. Notification No. 35/2017 – Central Tax released by CBEC confirmed the decision.…
Notification for extension of GSTR-6 filing date
In 21st GST council meeting, time limit for filing of GSTR 6 returns was extended. Notification for the same has been released by CBEC today. Date for filing GSTR6 has…
Notification released for GST returns date extension
In 21st GST council meeting, time limit for filing of GST returns was extended. Notification for the same has been released by CBEC today. Find the notification below: Notification released…
How to raise invoice for purchase from unregistered dealers
How to raise an invoice for purchase from unregistered dealers or in other words self-invoice? Answer – Section 9(4) of CGST Act requires payment of tax on reverse charge basis…