GST News

Anurag Thakur's reply to Mallikarjun Kharge's - Leader of Opposition, Rajya Sabha representation letter amid COVID-19

10 May 2021 at 05:20

Point wise response by Shri Anurag Thakur elaborating measures taken and rectifying some of the misconceptions in the letter presented by Hon'ble Shri Mallikarjun Kharge - Leader of Opposition, Rajya Sabha.

Posted in GST | 2439 Views

Request to exempt taxes on life saving products by Hon. Sh. Mallikarjun Kharge - Leader of Opposition, Rajya Sabha

10 May 2021 at 05:05

On behalf of the people of India. I write to convey deep concern and sense of anguish regarding the unprecedented crisis the nation faces today.

Posted in GST | 1392 Views

GST Portal: New Functionalities made available for Taxpayers in April, 2021

05 May 2021 at 19:25

New Functionalities made available on the GST Portal for Taxpayers in April 2021, w.r.t Returns has been listed in this news piece.

Posted in GST | 9057 Views

Waiver of interest and late fee to normal and composition taxpayers, for the tax periods of March and April, 2021

05 May 2021 at 05:46

The government has granted waiver from payment of interest/late fee to normal & composition taxpayers and has granted relaxation to normal and quarterly taxpayers in filing Form GSTR-3B, and relaxation in filing Form CMP-08 for composition taxpayers.

Posted in GST | 2511 Views

Ad hoc Exemption from IGST on imports of specified COVID-19 relief material donated from abroad

03 May 2021 at 16:59

In view of the COVID-19 pandemic, the Central Government has issued notifications exempting Basic Customs Duty and/or Health cess on imports of a number of COVID-19 related relief materials, for a limited period.

Posted in GST | 2241 Views

CBIC extends GST Returns Due Dates, Waives Late Fee For GSTR-3B and Reduces Interest Rates

02 May 2021 at 16:50

Government announces various relief measures for taxpayers under GST law in view of severe COVID-19 pandemic

Posted in GST | 30087 Views

IGST on import of oxygen concentrators for personal use reduced to 12%

02 May 2021 at 08:48

IGST on Import of Oxygen Concentrators for personal use has been reduced from 28% to 12% to bring IGST rate on such personal imports at par with commercial imports of the same

Posted in GST | 2430 Views

Gross GST revenue of Rs.1,41,384 crore collected for April 21 setting a new record

01 May 2021 at 18:24

The GST revenues during April 2021 are the highest since the introduction of GST even surpassing collections in the last month (March'2021).

Posted in GST | 1707 Views

CBIC provides facility of filing GSTR-3B and GSTR-1 / IFF using EVC instead of DSC

27 April 2021 at 17:17

CBIC has released the Central Goods and Services Tax (Second Amendment) Rules, 2021 wherein, a facility has been provided for filing GSTR-3B and GSTR-1 / IFF using EVC instead of DSC.

Posted in GST | 2 comments | 11637 Views

CBIC released advisory on Implementation of PMT-03 to re-credit the ITC sanctioned as Refund

22 April 2021 at 22:24

In order to enable the operationalization of re-crediting of ITC sanctioned as refund towards tax wrongly paid or paid in excess by debiting the credit ledger, a new enhanced PMT-03 functionality has been developed and deployed in the system.

Posted in GST | 4233 Views