Tag archives for gst - Page 2
Government issues new GST Revenue Figures
Ministry of Finance made the press release today issuing the new figures of revenue from GST. As said in the press release the revised figure of GST revenue for the…
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 regime and media reports relating to this are not based…
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.…
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…
Notification regarding GTA and LLP
In the recent 20th meeting, GST Council took some decisions for which the notification has been issued by CBEC today. Read the notification so released below - Notification No. 22/2017-…
Notification to exempt services in relation to Fair Price Shops and FIFA U-17
In the recent 20th meeting, GST Council took some decisions for which the notification has been issued by CBEC today. Read the notification so released below - Notification No. 21/2017-…
Amendment notification regarding extension of date
A few days back Notification was issued by CBEC notifying that transitional credit will be available. However, post that the date was extended but the notification was still carrying…
What is the difference between Nil Rated, Zero Rated and Exempt supplies?
What is the difference between Nil Rated, Zero Rated and Exempt supplies? There is a confusion among taxpayers as to what is the difference between Nil Rated, Zero Rated, and Exempt…
Is composition dealer required to file GSTR-3B?
Is composition dealer required to file GSTR-3B? Many dealers registered under composition scheme has the query, as to whether they are required to file GSTR-3B or not? Answer - Composition…
GST For Janta – GSTR3B Guide
Date of filing GSTR-3B is near and there is a lot of confusion among taxpayers as to how the return filing mechanism will work. GSTR3B is the provisional return form…