Archives for News - Page 5
Now quarterly GSTR-1 can be filed on portal
It was notified by the government that now the taxpayers whose turnover is below crores will be required to furnish the quarterly GSTR1 return till March 2018 instead of monthly…
Supplies by Restaurants under GST
Since GST has been implemented, various industry-specific issues have been constantly arising and Restaurants are one of them. There have been various viewpoints regarding taxation of supplies by restaurants under…
E-way bill to be implemented across India by
PIB (Release ID :174401): The 24th Meeting of the GST Council held today through video conference under the Chairmanship of the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley. It…
Service now available on GST portal
GST portal is still under constant development and improvement process. Many facilities have been enabled and more are yet to come. List of the services available currently as furnished by…
Government says mistakes by exporters is the reason for delay in refund
In the press release made by Ministry of Finance, it has been expressed by the government that errors being made by exporters in filing their returns is the sole reason…
Revenue under GST falls to Rs 83,346 for the month of October 2017
A total sum of Rs 83,346 has been collected as Total Revenue Collection under GST for the month of October, received in November till 27th November 2017. Till date there are Lakhs…
Applicability of IGST / GST on goods transferred / sold while being deposited in a warehouse
Circular has been issued by CBEC regarding Applicability of IGST / GST on goods transferred / sold while being deposited in awarehouse. Read the circular below:
GSTR1 for July re-enable on GST portal
Taxpayers who have not filed Form GSTR 1 for July 2017, can now file it on the GST Portal.
Functionality for refund of Input Tax Credit of inputs/input services attributed to export of Goods & Services is now available on the GST Portal
Functionality for refund of Input Tax Credit of inputs/input services attributed to export of Goods & Services is now available on the GST Portal.
Amended Late fee amount gets active on GST portal
Recently the GST late fee amount was amended by GST council, but taxpayers were facing the issue of the same old late fee structure, as the required technical amendments were…