GST News

Seven States yet to pass the SGST Act

06 June 2017 at 11:16

24 States pass the State GST (SGST) Act While 7 States viz. Meghalaya, Punjab, Tamil Nadu, Kerala, Karnataka, Jammu & Kashmir and West Bengal have yet to pass the SGST Act. Twenty Four (24) States have passed the State GST (SGST) Act till today i

Posted in GST | 10 comments | 30834 Views

PM reviews progress towards beginning of GST on July 1

06 June 2017 at 11:16

The Prime Minister, Shri Narendra Modi, reviewed the status of GST, which is to be implemented from July 1. The meeting, which lasted for over two and a half hours, was attended by Finance Minister Arun Jaitley, and top-most officials from the Minist

Posted in GST | 2 comments | 3564 Views

GST rate for goods decided on 3rd June meeting

05 June 2017 at 11:21

GST rate for goods decided on 3rd June meeting PFA the file to know in details

Posted in GST | 7143 Views

IGST Exemptions/Concessions under GST

05 June 2017 at 11:21

IGST Exemptions/Concessions under GST[As per discussions in the GST Council Meeting held on 18th/19th May, 2017

Posted in GST | 4911 Views

Addendum to the GST Rate Schedule

05 June 2017 at 11:21

ADDENDUM TO THE GST RATE SCHEDULE FOR GOODS[As per discussions in the GST Council Meeting held on 3rd June, 2017]The following amendments / additions are required to be made to the aforesaid document:1. In Chapter 15, in the 18% rate column, the part

Posted in GST | 1 comments | 6504 Views

GST Return Rules and formats

05 June 2017 at 11:21

Chapter -RETURNS1. Form and manner of furnishing details of outward supplies(1) Every registered person (other than a person referred to in section 14 of the Integrated Goods and Services Tax Act, 2017) required to furnish the details of outward supp

Posted in GST | 17385 Views

15th Meeting of the GST Council to be held on 3rd June

03 June 2017 at 12:45

15th Meeting of the GST Council to be held tomorrow, 3rd June, 2017 - Approval of amendments to the draft GST Rules and related forms and Finalisation of the rates of tax and cess on the remaining commodities are on the Agenda among others for tomorr

Posted in GST | 2 comments | 5238 Views

Declaration of GSTIN in Custom documents mandatory from 1st July

01 June 2017 at 10:45

Declaration of valid GSTIN in Customs documents (BE/SB) would be mandatory w.e.f. 0000 hrs of 01-07-2017, the likely implementation date of GST, to avail IGST credit on Imports or GST refund on exports. The declared GSTIN would be validated for corre

Posted in GST | 1 comments | 6363 Views

GST will be implemented from 1st July reiterates Govt

31 May 2017 at 10:59

Dr. Hasmukh Adhia, Revenue Secretary reiterates that the Goods and Services Tax (GST) would be implemented from July1, 2017; States that GST would help in creating lot of jobs for young generation. Dr. Hasmukh Adhia, Revenue Secretary, Ministry of Fi

Posted in GST | 5412 Views

ICAI set ups GST Sahayata Desks

30 May 2017 at 11:29

Goods and Services Tax (GST) is all set to be rolled out from July 1, 2017 as India’s biggest federal taxation reform. GST is an integrated tax which works on the concept of “One Nation One Tax”. The biggest benefit of GST implement

Posted in GST | 17 comments | 6804 Views