Author Archives: taxgrid - Page 16
21st GST Council Meeting at Hyderabad
Today GST concil met for its 21st meeting in Hyderabad, where several decisions were taken regarding GST Return filing. It was decided that date for filing GSTR-1 of July shall…
Requirement of furnishing HSN-wise summary
how to furnish the detail in “Table 12. HSN-Wise summary” of GSTR-1 when turnover is below Rs Crores? Answer – HSN (Harmonised System of Nomenclature) code is to be filled…
How to report export transactions effected without payment of IGST
How to report export transactions effected without payment of IGST? Answer - One practical question being faced by…
Reconciliation of information in GSTR-1 and GSTR-2 with GSTR-3B
Initially, for two months of July and August, the government extended the date of filing GSTR-1 and GSTR-2 and rolled out GSTR-3B. It was made clear that information being furnished…
Notification regarding waiving of late fee on GSTR-3B
Earlier in the press release, it was communicated that Late fee won't be levied on the returns for the interim period, to give the sense of comfort to taxpayers, but…
CGST Sixth Amendment Rules, 2017 notified in regard to E-way Bill
Central Goods and Services Tax (Sixth Amendment) Rules, 2017 notified containing information in regard to E-way Bill. Alos FORM GST EWB-1 has been notified along with these rules. Find the…
Implementing electronic sealing for containers by exporters
CBEC has released the circular regarding procedure which shall be adhered by exporters opting for self-sealing. Read the circular below regarding Implementation of electronic sealing for containers by exporters. Implementing…
Cabinet approves promulgation of the Goods and Services Tax (Compensation to States) Ordinance, 2017
PIB: The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval to the proposal of the Finance Ministry to promulgate an ordinance to suitably amend the…
Registered person supplying exempted goods, which invoice to be issued?
Registered person supplying exempted goods, which invoice to be issued? Answer - A registered person who is supplying exempted goods or services shall issue Bill of Supply. He should not…
Clarification on classification and GST rate on lottery
Circular has been issued by CBEC clarifying classification and GST rate on lottery tickets. Read the circular below. Clarification on classification and GST rate on lottery Date for filing of…