Author Archives: taxgrid - Page 18
Last Date for Payment of Gst and Filing of Return For July 2017 Extended
News about the tweet regarding extension of date was just posted on . Relevant press release has also been released by government. Same can be found below, It is expected…
Last date for payment of GST and filing of return for July 2017 extended by 5 days
GST Council just tweeted that the last date of filing return GSTR-3B has been extended by 5 days. Press release will follow soon and will be updated on . The…
Can taxpayer pay tax by 28th august now
Can taxpayer pay tax by 28th August now? New notifications issued by CBEC enabling taxpayers to claim the transitional ITC, has created a lot of confusion among the assessee. Although,…
Filing of GSTR-3B and transitional credit
Following Infographic was released on twitter today CBEC to bring more clarity among taxpayers:
Sectoral FAQs: Gems & Jewellery
CBEC has released a booklet relevant to Gems & Jewellery industry, which contains various Frequently Asked Questions (FAQs). Read the booklet issued below: Sectoral FAQs: Gems & Jewellery Letter to…
Letter to State finance ministers to reduce burden of Value Added Tax on Petroleum Products
Finance Minister Sh Arun Jaitley writes to State Chief Ministers to reduce burden of Value Added Tax on Petroleum Products used for manufacturing PIB notified today that The Union Minister…
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…