GST News

Clarification on filing the quarterly return by composition dealer in GSTR 4

17 April 2018 at 16:12

Clarification on the manner of filing the Quarterly Return by Composition Dealers in FORM GSTR-4Doubts are being raised about the manner of filing the quarterly return by composition dealers in FORM GSTR-4. In particular, there is a doubt with respec

Posted in GST | 6 comments | 7800 Views

GST on supply of food and drinks in educational institutions

12 April 2018 at 11:37

Clarification regarding GST on supply of food and drinks in educational institutions.With a view to remove any doubt or uncertainty regarding rate of GST applicable on supply of food and drinks in educational institutions, it is clarified that: -i. G

Posted in GST | 4 comments | 7803 Views

Roll out of Eway bill for intra state movement in few states from 15th April

11 April 2018 at 11:13

Roll-out of e-Way Bill system for Intra-State movement of goods in the States of Andhra Pradesh, Gujarat, Kerala, Telangana and Uttar Pradesh from 15th April, 2018.As per the decision of GST Council, e-Way Bill system for all inter-State movement of

Posted in GST | 3 comments | 12411 Views

5% uniform rate of GST in all railway catering service

07 April 2018 at 12:55

5% Uniform rate of GST to apply in all railway catering services in trains or on stationsWith a view to remove any doubt or uncertainty in the matter and bring uniformity in the rate of GST applicable to supply of food and drinks made available in tr

Posted in GST | 3951 Views

Targets for GST revenue this year

07 April 2018 at 12:55

The month-wise figures of Central Goods and Services Tax (CGST), State Goods and Services Tax(SGST), Integrated Goods and Services Tax (IGST) and Cess collected by the Government since July 1, 2017 is as under: (Amount in Rs. Crores)

Posted in GST | 5034 Views

GST audit report not released by ICAI

06 April 2018 at 11:22

Clarification regarding Circulation of Draft Form 9-C of GST Audit on Social Media This is to inform that ICAI is drafting a format for GST audit (Form 9C) for submission to the Government for their consideration. The same is proposed to be submitted

Posted in GST | 2 comments | 15156 Views

Addressing grievance on technical glitches on GST portal

04 April 2018 at 11:32

Circular No. 39/13/2018-GSTF. No. 267/7/2018-CX.8Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and Customs New Delhi, dated the 3rd April, 2018ToThe Principal Chief Commissioners/ Chief Commissioners/ Prin

Posted in GST | 3798 Views

State wise breakup of Eway bills generated

03 April 2018 at 11:54

Smooth roll out of e-Way Bill system from 01st April, 2018As per decision of the GST Council, e-Way Bill system became mandatory from 01st April, 2018 for all inter-State movement of goods. The implementation of the nationwide e-Way Bill mechanism

Posted in GST | 2 comments | 14025 Views

Final Monthly collection figures of GST

03 April 2018 at 11:54

Final Monthly collection figures of GSTThe revenue collection figures under GST including CGST, SGST, IGST and cess for the period July 2017 – February 2018 paid in the period July 2017 – March 2018 is as follows:(Figures in Rs. Crores)

Posted in GST | 2 comments | 3981 Views

17,616 crore of Refunds issued under GST

03 April 2018 at 11:54

Total Rs 17,616 crore of Refunds issued under GST; 90% of IGST eligible claims have been approved.In line with commitment of government to liquidate all pending GST refunds, the Central Board of Indirect Taxes and Customs (CBIC) has successfully conc

Posted in GST | 2856 Views