GST News

Submission of GST Tran-1 period extended till 31st October

F. No. 349/58/2017-GST Government of India Ministry of Finance Department of Revenue Central Board ofFrise and Customs New Delhi, the 21st September. 2017 Order No. 03/2017-GST Subject: Extension of time limit for submitting the declaration in FORM G

GST rate for branded cereal, pulses and flour

The GST Council, in its 21st meeting held on 9th September, 2017 at Hyderabad has, interalia, recommended that for 5% GST rate on cereals, pulses and flours etc. put up in unit container and bearing a registered brand name: a) A brand registered as o

Seventh amendment to the CGST Rules, 2017

[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 Excise and CustomsNotification No. 34/2017 - Central TaxNew Delhi, the 15th Septe

FAQ and MCQ on GST by ICAI

Levy and Collection of TaxFAQ�sScope of supply (Section 7)Section 7 of the Central Goods and Services Tax Act, 2017 (�the CGST Act, 2017� or �the CGST Act�) made applicable to IGST vide Section 20 of the Integrated Goods

Services on which rate of GST reduced to 12%

Decisions taken on Services – 21st GST Council Meeting, 9th September, 2017The following decisions were taken by the GST Council at its 21st meeting held in Hyderabad on 9th September, 2017. The information is being uploaded immediately after t

List of Goods for change in GST rate recommended

The GST Council has recommended changes in the GST rates on the following goods: S. No. HSN Description Present GST Rate Recommended GST rate 1. 0802 Walnuts, whether or not

Increase in rate of the Compensation Cess on motor vehicles

Increase in rate of the Compensation Cess on certain specified motor vehiclesAs per discussions in the GST Council Meeting held on 9th September, 2017:Segment Heading PresentCompensation Cess rate Proposed Compensation Cess ratePassenger Vehicles of

Date for GSTR1 filing for July extended to 10th October

GSTR return filing date extended to 10th September

GSTR return filing date extended to 10th September

Late fee waived for delay in GSTR 3B filing

The Goods and Services Tax (GST) tax was introduced on 1stof July 2017. The last date for payment of GST for the month of July 2017 was 25th August 2017. Payment of GST is complete only when amount of tax payable is debited from electronic cash / c