GST News

Clarification on the manner of filing the Quarterly Return by Composition Dealers in Form GSTR-4

It has been brought to notice that doubts regarding the manner of filing the quarterly return by Composition Dealers in FORM GSTR-4 in the absence of auto-population of the details of inward supplies (other than supplies attracting reverse charge) re

Last date to avail ITC for invoices pertaining to 2017-18

There appears to be misgiving about the last date for taking Input Tax Credit (ITC) in relation to invoices or debit notes relating to such invoices pertaining to period from July, 2017 to March, 2018. Such uncertainty seems to stem from the Governme

Extension of due date for GSTR3B to 25th October

It has been brought to notice that there have been apprehensions by trade and industry relating to the last date for availment of ITC for the period July, 2017 to March, 2018. In order to remove doubts, it was clarified that as per the law, the last

Govt clarifies on exaggerated claim of pending GST refund

It has been noticed that unverified reports of pending GST refunds on account of exports are published in the print media by trade bodies. These figures being put out in the public domain are exaggerated and thus inaccurate. It is a fact that a large

GST practitioner exam registration date postponed to 15th October

Examination for Confirmation of Enrollment of GST Practitioners; Last date of registration now extended up to 15th October 2018The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) is conducting an examination for confirmation of enro

Filing of refund application for multiple tax period under GST enabled

ICAI letter to govt on deduction of TDS under MVAT Act under GST

ICAI/IDTC/2018-19/Rep/113rd Oct, 2018Sh. Rajiv Jalota (LAS) The Commissioner, The Maharashtra Goods and Services Tax 8th floor, Goods and Services Tax (GST) Bhavan, Mazgaon, Mumbai - 400010 Sub: Deduction of TDS under MVAT Act by Govt. Dept. even aft

GST collection crossed Rs 94000 crore in September 2018

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

GSTR 10 offline utility now available

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

Internal auditor cannot undertake GST audit simultaneously

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