GST News

GST collection crossed Rs 94000 crore in September 2018

01 October 2018 at 16:58

Revenues collected in September shows an upward trend as compared to August, 2018 The total gross GST revenue collected in the month of September, 2018 is Rs. 94,442 crore of which CGST is Rs. 15,318 crore, SGST is Rs. 21,061 crore, IGST is Rs. 50,07

Posted in GST | 1 comments | 3015 Views

GSTR 10 offline utility now available

01 October 2018 at 11:09

Offline Utility of Form GSTR-10 is now availableForm GSTR-7 and GSTR-7A is now available on GST Portal

Posted in GST | 10020 Views

Internal auditor cannot undertake GST audit simultaneously

28 September 2018 at 20:53

Announcement Sub. : Internal Auditor not to undertake Goods and Service Tax(GST) Audit simultaneouslyWe have received enquiries from the members at large and otherstakeholders as to whether an internal auditor of an entity can alsoundertake GST Audit

Posted in GST | 3 comments | 17787 Views

ICAI suggestion to Govt on GST Annual return

27 September 2018 at 11:01

Sub: Suggestions on GST Annual Return form At the outset, we are thankful to the Government for considering most of the suggestions on issues related to GST submitted by the ICAI from time to time.�

Posted in GST | 4 comments | 15945 Views

Time limit extended for submitting the declaration in Form GST TRAN-1

18 September 2018 at 17:09

F. No. 349/58/2017-GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsNew Delhi, the 17th September, 2018Order No. 4/2018-GSTSubject: Extension of time limit for submitting the declaration in FORM

Posted in GST | 8 comments | 9975 Views

Examination to register as GST Practitioner

18 September 2018 at 10:31

The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) has been authorized to conduct an examination for confirmation of enrollment of Goods and Services Tax Practitioners (GSTPs) in terms of the sub-rule (3) of rule 83 of the Central

Posted in GST | 36 comments | 25989 Views

Latest FAQ and MCQs on GST

13 September 2018 at 11:52

Chapter IPreliminary and AdministrationFAQ’sDefinitions (Section 2)Section 2 of the Central Goods and Services Tax Act, 2017 (“the CGST Act, 2017” or “the CGST Act”) Agriculturist [Section 2(7)]Q1. Define the term &lsquo

Posted in GST | 13665 Views

GST late fee waiver scheme launched and GSTR1 filing date extended

10 September 2018 at 19:59

It has been observed that the number of taxpayers who have filed FORM GSTR-3B is substantially higher than the number of taxpayers who have furnished FORM GSTR-1. Non-furnishing of FORM GSTR-1 is liable to late fee and penalty as per the provisions o

Posted in GST | 13 comments | 28998 Views

Extended time limit for GST ITC-01 Declaration

06 September 2018 at 11:35

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsNotification No.42/2018 – Central TaxNew Delhi, t

Posted in GST | 16308 Views

Waiver of Late fee paid for specified classes of taxpayers for FORM GSTR-3B, 4 and 6

06 September 2018 at 11:35

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section(i)]Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsNotification No. 41/2018 – Central TaxNew Delhi, t

Posted in GST | 1 comments | 7980 Views