GST News

Difficulty in amending invoices reported in Form GSTR 1 for FY 2017-18

28 June 2019 at 11:40

1. Some taxpayers have reported that they are not able to amend the invoices reported in their Form GSTR 1, pertaining to financial year 2017-18.2. In this context attention of taxpayers is brought to point number 3 of the Removal of Difficulty Order

Posted in GST | 14 comments | 26100 Views

17.58 crore GSTR-3B returns filed till 17th June 2019

25 June 2019 at 11:16

The implementation of GST has led to the removal of cascading effect of taxes in the economy as well as promoting free movement of goods across States, thereby creating �one nation, one market�. A simplified tax regime has resulted in red

Posted in GST | 2 comments | 6498 Views

Proposal to integrate a FASTag Bank Mechanism with e-way bill

25 June 2019 at 11:16

The Government proposes to integrate a FASTag Bank Mechanism with e-way bill and Logistic Data Services to track movement of goods and check GST evasion. The Government is contemplating integration of E-Way Bill mechanism of GST with FASTag System of

Posted in GST | 2493 Views

One person arrested for taking 16 crore fraudulent ITC credit

24 June 2019 at 11:57

The Directorate General of GST Intelligence Hqrs. arrests one person in connection with the taking by two firms ITC fraudulently to the tune of more than Rs.16 CroreThe Directorate General of GST Intelligence Hqrs. (DGGI Hqrs.) has arrested one perso

Posted in GST | 9 comments | 13797 Views

Notification on blocking of e-way bill postponement to 21st August

24 June 2019 at 11:57

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and CustomsNotification No. 25 /2019 – Central TaxNew Delh

Posted in GST | 2910 Views

Decisions taken by GST council in 35th meeting

21 June 2019 at 20:30

GST Council decisions on rate changes on supply of good and servicesThe 35th GST Council Meeting was held here today under the chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. This was the first meeting of the C

Posted in GST | 26 comments | 46335 Views

Result of examination for GST practitioners held on 14 June 2019

21 June 2019 at 11:56

RESULT OF EXAMINATION OF GST PRACTITIONERS HELD ON 14.06.2019 National Academy of Customs, Indirect Taxes and Narcotics (NACIN) has conducted examination for confirmation of enrollment of Goods and Services Tax Practitioners (GSTPs) in terms of secon

Posted in GST | 8064 Views

Manual checks introduced in IGST refunds aimed at curtailing fraud in exports

20 June 2019 at 18:41

CBIC would assure all genuine exporters that they would continue to get their IGST refunds in a timely manner in a fully automated environment Some newspapers have today highlighted a perceived set-back to the automated process of refunds for exporte

Posted in GST | 2 comments | 2823 Views

Clarification on issues related to DSC while filling GSTR-9C

20 June 2019 at 11:12

Filing Form GSTR-9C on GST Portal - issues related to DSC- Part APart A: While filing Form GSTR-9C on GST Portal, for issues related to using DSC, following is brought to your notice:General issues related to DSC : It may be noted that only PAN based

Posted in GST | 1 comments | 23202 Views

First GST council meet under new FM on 21st June,2019

19 June 2019 at 18:11

The 35th GST Council meeting will be held on 21st June 2019. This will be the first GST Council meeting after the elections under the reign of Finance Minister Smt. Nirmala Sitharaman.It is one of the most important GST Council meetings eyeing a lot

Posted in GST | 5 comments | 9450 Views