gst council meeting

Now only 50 items chargeable in 28% GST Rate slab

There were 227 items in the 28% slab. The fitment committee had recommended that it should be pruned to 62 ...
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latest gst news

23rd GST Council Meeting Being held in Guwahati Today

23rd GST Council Meeting being held in Guwahati, Assam today. Follow the TaxGrid News Section for the latest updates and ...
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Official releases for better understanding of GST

Procedure regarding procurement of supplies of goods from DTA under deemed export benefits

In accordance with the decisions taken by the GST Council in its 22nd meeting held on 06.10.2017 at New Delhi ...
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latest gst news

FORM GST TRAN – 1 (with revision facility) extended

GST@GoI twitter handle tweeted the news regarding the extension of the last date for filing form TRAN-1. GST @GoI tweeted: ...
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Official releases for better understanding of GST

Clarification regarding applicability of GST on the superior kerosene oil [SKO] retained for the manufacture of Linear Alkyl Benzene

Clarification regarding applicability of GST on the superior kerosene oil [SKO] retained for the manufacture of Linear Alkyl Benzene Circular ...
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compliance under gst

LATE FEE WAIVED for the month of September and August

Late fee on filing of GSTR-3B for the month of August and September has been waived. This has been confirmed ...
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compliance under gst

GSTR3B Offline Utility Launched

GST3B offline utility has been launched by GSTN to help taxpayers file the return offline. The excel based GSTR3B offline ...
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short-questions gst

Why is late fee being shown up in GSTR3b for september

Taxpayers are facing the new confusion by finding the amount of Late fee in the return GSR3b for the month ...
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Official releases for better understanding of GST

Notification issued exempting the intra-state procurement from unregistered dealers for the whole amount

CBEC issues Notification No. 38/2017 – Central Tax (Rate), by which the intra-State supplies of goods or services or both ...
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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 ...
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latest gst news

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 ...
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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 ...
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Clarification about Transition Credit

In the recent press release Ministry of Finance, made it clear that some people are under the wrong impression that ...
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compliance under gst

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 ...
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latest gst news

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 ...
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latest gst news

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 ...
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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 ...
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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 ...
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latest gst news

GST Slab rationalisation will depend on rise in revenue collection

As reported by The Indian Express, Arjun Ram Meghwal, Union Minister of State in Finance and Corporate Affairs, said that ...
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Official releases for better understanding of GST

Continuation of Pre-GST rates of Rebate of State Levies

Circular has been issued by CBEC stating the continuation of pre-GST rates of Rebate of State Levies (ROSL) for transition ...
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