GST News

Tax Laws & Systems in India - Way Forward

The prestigious PHD Chamber of Commerce and Industry had organised a conference on - Tax Laws & Systems in India- Way Forward. It was a platform to bridge the gap between the taxpayers and the taxmen. CAs and lawyers from reputed organisations su

Development of new return filing system by GSTN

GSTN will focus on the development of new return filing, further improving the user interface, and Business Intelligence and Analytics. While the new return is yet to be notified, GSTN has started development of the components in which major changes

GST evasion of Rs 12766 cr detected this Financial Year

During the current financial year (between April 2018 to November 2018) 3196 cases involving an amount of Rs. 12766.85 Crore have been identified.Suspected GST Evasion amounting to Rs. 12766.85 has come to the light till the month of November, 2018.

Month wise GST collected from its inception

The month-wise gross collection of Central Goods and Services Tax (CGST), State Goods and Services Tax (SGST), Integrated Goods and Services Tax (IGST) and Cess for FY 2017-18 and FY 2018-19 are as under: br> Month GST collection

Effective GST rate on apartment and flats

Effective tax rate on complex, building, flat etc.It is brought to the notice of buyers of constructed property that there is no GST on sale of complex/ building and ready to move-in flats where sale takes place after issue of completion certificate

Filing of monthly refund application in GST now available

Extension of due date for filing Form GSTR-9, GSTR-9A and GSTR-9C till 31st March,2019

Extension of due date for filing FORM GSTR-9, FORM GSTR-9A and FORM GSTR-9C FORM GSTR-9 and FORM GSTR-9A have been notified vide notification No. 39/2018-Central Tax, dated 04.09.2018 while FORM GSTR-9C has been notified vide notification no. 49/2018

Concept and status of GST as on Dec 2018 by CBIC

1. INTRODUCTION:Whether it was uniformity of taxation and consequent free interior trade or possession of �the jewel in the crown� at the root of the prosperity of Britain is debatable, nonetheless the words of father of modern economics

Details for examination of enrolment of GST Practitioners

Examination for Confirmation of Enrollment of GST PractitionersReference is invited to Press Releases dated 1.11.2018 and 29.11.2018 regarding exam to be conducted on 17.12.2018 for GST Practitioners (GSTPs) covered under clause (b) of sub-rule (1) o

Total GST refund of Rs 91419 crore processed

Total GST refunds to the tune of Rs 91,149 crores have been disposed by CBIC and State authorities out of the total refund claims of Rs 97,202 crores received so far. Thus, the disposal rate of 93.77 per cent has been achieved. The pending GST refund