GST News

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 | 2814 Views

Clarification with respect to the Eway Bill System

02 April 2018 at 11:47

The e-way Bill System for Inter-State movement of goods across the country is being introduced from 01st April 2018. Few clarifications regarding the new e-way bill system are as follows:1. Situation: Consider a situation where a consignor is require

Posted in GST | 5 comments | 11685 Views

1.7 lac Eway bill generated on 1st day of roll-out

02 April 2018 at 11:47

Smooth Roll-out of E-way Bill System from today, 1st April, 2018As per decision of the GST Council, e-Way Bill system became mandatory from today i.e. 01st April, 2018 for all inter-State movement of goods. The implementation of the nationwide e-Way

Posted in GST | 2583 Views

CBEC simplifies Anti-Profiteering Application Form

29 March 2018 at 12:12

CBEC simplifies Anti-Profiteering Application Form (APAF – 1)The same can be downloaded from the attachment as mentioned below.

Posted in GST | 3015 Views

Amount paid to states under GST

29 March 2018 at 12:12

Balance claim of States under GST The Government is providing claims to the States under GST. As per provisions in Section 7 of the GST (Compensation to States) Act, 2017 loss of revenue to the States shall be calculated and compensation for loss of

Posted in GST | 3750 Views

GST revenue collection for feb stands at Rs 85174 crore

28 March 2018 at 10:41

GST revenue collections for February 2018 (received in February/March upto 26th March) stand at Rs. 85,174 crore; Rs. 14,945 crore collected as CGST, Rs. 20,456 crore collected as SGST; Rs. 42,456 crores collected as IGST and Rs. 7,317 crores collect

Posted in GST | 2 comments | 7086 Views

CBEC notifies dates for GSTR 3B and Eway bill

24 March 2018 at 17:51

Seeks to prescribe the due dates for filing FORM GSTR-3B for the months of April to June, 2018[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]Government of IndiaMinistry of Finance(Department of Revenue)Ce

Posted in GST | 7 comments | 9693 Views

53.94 lakh GSTR 3B return filed till date

24 March 2018 at 11:02

The month-wise consolidated 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 | 4944 Views

States Exempted from Tax Refund after GST

23 March 2018 at 11:22

The North Eastern and Hilly States have not been provided exemption from tax refund till March, 027 under GST. The GST Council in the meeting held on 30.09.2016, had decided that all entities exempted from payment of indirect tax under the then exist

Posted in GST | 12249 Views

Clarity provided on Eway bill

23 March 2018 at 11:01

The government has received various representations from Association of Exporters as well as Corporate Bodies seeking clarity on e-way bill regarding the movement of goods from dry-ports to seaports and from SEZs within the zone. Some of the queries

Posted in GST | 5697 Views