GST News

Final GST Rules - Accounts and Record Rules - Rules and Formats

12 June 2017 at 16:37

CHAPTER�ACCOUNTS AND RECORDS1. Maintenance of accounts by registered persons(1) Every registered person shall keep and maintain, in addition to the particularsmentioned in sub-section (1) of section 35, a true and correct account of the goods o

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Revised Threshold for Composition Scheme

12 June 2017 at 11:48

REVISED THRESHOLD LIMIT FOR COMPOSITION LEVY[As per discussions in the 16th GST Council Meeting held on 11th June, 2017] 1. Sub section (1) of section 10 read with sub-section (2) of the same section of the Central Goods and Services Tax Act, 2017 [C

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IGST Exemptions approved by the GST Council

12 June 2017 at 11:48

IGST Exemption under GST[As per discussions in the 16th GST Council Meeting held on 11th June, 2017 I . Bilateral Commitments � Imports under Agreement between India and Pakistan / Bangladesh for regulation of Bus Service S No. Notifica

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Revised GST rates on goods approved by GST council on 11th June

12 June 2017 at 11:37

REVISED GST RATE FOR CERTAIN GOODS[As per discussions in the 16th GST Council Meeting held on 11th June, 2017] S. No. Chapter / Heading / Sub- heading / Tariff item Description of goods Earlier GST rate approved by the GSTCou

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DoNER has a detailed discussion with MPs from NE on GST

12 June 2017 at 10:52

Dr Jitendra Singh chairs meeting of Parliamentary Consultative Committee for Ministry of DoNER: GST, other issues discussed The Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public G

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GSTN holds a Review Meeting with GST Suvidha Providers (GSPs)

12 June 2017 at 10:52

GSTN holds a Review Meeting with GST Suvidha Providers (GSPs) to Assess Readiness for GST roll-out from 01st July, 2017; GSPs advised to continue to visit the GSP ecosystem webpage on the GSTN website (www.gstn.org/ecosystem) for all information, lat

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Major highlights of the SC Judgement on Aadhar PAN Linkage

12 June 2017 at 10:52

Following are the major highlights of the Hon'ble Supreme Court of India's Judgement on Aadhar PAN Linkage: 1. The Hon’ble Supreme Court of India in its Landmark Judgement has upheld Section139AA of the Income Tax Act,1961 as constituti

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DGFT creates GST Facilitation Cell for exporters

12 June 2017 at 10:52

DGFT has constituted a GST facilitation cell in DGFT Headquarters to assist and advice exporters , trade and industry for smooth transition from present regime to GST regime w.e.f. 1st July 2017.The GST facilitation cell is headed by Mr Nikunj Kumar

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GST council constitutes 18 sectoral groups for smooth roll out of GST

10 June 2017 at 13:17

As decided in the 14th Meeting of the GST Council held on 18th-19th May, 2017 in Srinagar, J&K, 18 Sectoral Groups have been constituted representing various sectors of the economy in order to ensure smooth roll-out of GST. These 18 Sectoral Grou

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Enrollment as GST Practitioner

10 June 2017 at 13:17

Dear Professional Colleagues,The new indirect tax regime, Goods & Services Tax (GST) is all set to roll out with effect from July 1, 2017.Section 22 of the Central Goods & Services Tax (CGST) Act, 2017 lays down the list of persons who are li

Posted in GST | 4 comments | 8658 Views