GST News

Draft Simplified GST Return Formats

31 July 2018 at 11:23

Key features of Monthly ReturnsBackground: GST Council in its 27th meeting held on 4thMay, 2018 had approved the basic principles of GST return design. Now in its 28th meeting held on 21st July, 2018, GST Council approved the key features and new for

Posted in GST | 13734 Views

CBIC issues 28 Notification Related to GST Rates on Goods & Services

30 July 2018 at 12:09

CBIC issues 28 Notification Related to GST Rates on Goods & Services on 26th July 2018 which are effective from 27th July 2018. Notifications include Notification No. 2/2018-Compensation Cess (Rate), Notification No. 13 to 21/2018-Central Tax (Ra

Posted in GST | 12318 Views

Recommendations for GST Simplification for SMEs

30 July 2018 at 12:09

Sub: Recommendations for Simplification of GST for Small and Medium Enterprises (SME).We have read with detail the recommendations of the 28th GST Council Meeting and we are happy to note the efforts taken by the Council to simplify business processe

Posted in GST | 2241 Views

List of Changes in GST Rate on Goods in 28th GST Council Meeting

23 July 2018 at 11:25

GST COUNCIL RECOMMENDS GST RATES REDUCTION ON SEVERAL GOODS &for specified handicraft itemsGST rates have been recommended to be brought down to Nil on Sanitary Napkins &Rakhi& more GoodsGST Council recommends for allowing refund to fabri

Posted in GST | 3 comments | 14226 Views

GST rate on Services- 27 Major Changes in 28th GST Council meeting

23 July 2018 at 11:25

The GST Council in its 28th meeting held here today under the Chairmanship of Shri Piyush Goyal , Union Minister for Railways , Coal , Finance & Corporate Affairs took following decisions relating to exemptions / changes in GST rates / ITC eligi

Posted in GST | 4347 Views

GST council approves Simplified GST Return

22 July 2018 at 10:11

The GST Council in its 28th meeting held here today under the Chairmanship of Shri PiyushGoyal , Union Minister for Railways , Coal , Finance & Corporate Affairs has approved the new return formats and associated changes in law. It may be recalle

Posted in GST | 2 comments | 16845 Views

Opening of migration window for GST till 31 August, 2018

22 July 2018 at 10:11

The GST Council in its 28th meeting held here today has approvedthe proposal to open the migration window for taxpayers, who received provisional IDs but could not complete the migration process.The taxpayers who filed Part A of FORM GST REG-26, but

Posted in GST | 4710 Views

Recommendation made in 28th GST council meeting

21 July 2018 at 21:54

Recommendations made during the 28thmeeting of the GST Council held in New Delhi on 21st 2018Amendments to the CGST Act, 2017, IGST Act, 2017, UTGST Act2017, and GST (Compensation to States) Act, 2017The GST Council in its 28thmeeting held here today

Posted in GST | 2 comments | 5922 Views

28th GST Council Meeting - Key Highlights and Decisions

21 July 2018 at 11:52

28th Goods and Service Tax (GST) Council meeting to be held today on 21st July 2018 in New Delhi. Yesterday, prior to the 28th Council meeting, the preparatory meet was conducted to discuss the broad agendas of the meeting.What's Expected: Key de

Posted in GST | 29 comments | 43665 Views

ICAI suggestion for RCM phase manner implementation

19 July 2018 at 12:01

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA(Set up by an Act of Parliament)CA. Naveen N.D. GuptaPresidentICAI/IDTC/2017-18/Rep/717th July, 2018Shri Piyush GoyalHon’ble Union Minister of FinanceGovernment of India, North BlockNew Delhi &nda

Posted in GST | 1 comments | 10113 Views