GST News

CBIC further extends the date of applicability of Dynamic QR Code

01 July 2021 at 19:05

The amount of penalty payable by any registered person under section 125 of the CGST Act for non-compliance of the provision stands waived for the period between 1st December 2020 to 30th September 2021.

Posted in GST | 2112 Views

"We are constantly moving ahead in our endeavour to provide user-friendly GST System" - Anurag Thakur on GST Day 2021

01 July 2021 at 14:00

As GST Completes four years today, Anurag Thakur - Union Minister of State for Finance & Corporate Affairs pens down a message for the citizens of the country reflecting upon these four years under the GST Regime.

Posted in GST | 2682 Views

CBIC to issue certificates of appreciation to honour contributions of taxpayers

30 June 2021 at 18:57

On the eve of the completion of 4 years of the GST, it has been decided to honour the taxpayers who have been a part of the GST success story. As an acknowledgement, CBIC will be issuing certificates of appreciation to these taxpayers.

Posted in GST | 1 comments | 2322 Views

CBIC releases Clarification in Respect of Applicability of Dynamic QR Code

23 June 2021 at 06:25

The Central Board of Indirect Taxes and Customs, on receiving various references from trade and industry have released Clarification in Respect of Applicability of Dynamic QR Code on B2C invoices via six practical illustrations.

Posted in GST | 7332 Views

New Functionalities made available for Taxpayers on GST Portal - May, 2021

16 June 2021 at 17:28

New Functionalities pertaining to modules of Registration and Returns made available for Taxpayers on GST Portal for the m/o May 2021 has been mentioned here.

Posted in GST | 9702 Views

Recommendations of the 44th GST Council Meeting

12 June 2021 at 16:01

The Council in its 44th meeting on 12th June 2021 has decided to reduce the GST rates on the specified items being used in Covid-19 relief and management till 30th September 2021.

Posted in GST | 3 comments | 12978 Views

Upcoming functionalities to be deployed on GST Portal for the Taxpayers

11 June 2021 at 22:23

As part of CBIC's constant endeavour to provide a smooth and hassle free experience to the taxpayers, the upcoming functionalities with relation to Ledgers, Returns, and Front Office will be deployed on the GST Portal.

Posted in GST | 1 comments | 9891 Views

FM to chair the 44th GST Council meeting on 12th June 2021

11 June 2021 at 21:15

Finance Minister Smt. Nirmala Sitharaman will chair the 44th GST Council meeting via video conferencing at 11 AM in New Delhi on 12th June 2021. The meeting will also be attended by MOS Shri. Anurag Thakur.

Posted in GST | 2163 Views

Advisory on Table-12 of GSTR-1

09 June 2021 at 05:22

It has been reported that in the GSTR-1 for the tax period of May 2021, the ‘Total Invoice value’ field in the preview PDF is displaying a value as ‘0’ instead of N.A, in the cases where the taxpayer has not reported any value.

Posted in GST | 8808 Views

Relief to taxpayers, regarding late fee, for delay in filing Form GSTR-3B returns

05 June 2021 at 17:25

CBIC has rationalized the late fee for delay in filing of return in FORM GSTR-3B w.e.f 20th May 2021 and has provided a conditional waiver of late fee for delay in filing FORM GSTR-3B from July 2017 to April 2021.

Posted in GST | 3 comments | 4980 Views