G.S.R… (E). – In pursuance of section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) and sub-rule (3) of rule 45 of the Central Goods and Services Tax Rules, 2017 (hereinafter referred to as the said rules), and in supercession of the notification of the Government of India in the…
GST Council decision relating to changes in law and procedure The 35th GST Council Meeting was held here today under the chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. This was the first meeting of the Council after the swearing in of the new Government. The meeting was also attended by…
What would be consignment Value of E-way bill?
Some Important decisions by GST council 1. Turnover limit for composition scheme extended to Rs. 1 crore from 75 lacs in all states and Rs. 75 lacs for special category states except uttarakhand and Jammu & Kashmir. Can be availed anytime before 31.03.2018.
Frequently Asked Questions (FAQs) Q8: Whether aggregate turnover includes turnover of supplies on which tax is payable by the recipient under reverse charge?
Press Release regarding approval of the Cabinet for increasing the ceiling of Compensation Cess on motor vehicles.
Frequently Asked Questions (FAQs) Q1: Does aggregate turnover include value of inward supplies received on which RCM is payable?
GST Clarification: 1. Form GSTR-3B once filed cannot be revised.
GSTR 3B is a simple return that businesses need to file in the first two months of GST (July and August, 2017). The government has postponed the filing of GSTR 1, 2 & 3 for July and August, 2017 in order to give businesses some time to adjust to GST.
GSTR-1 Details of outward supplies of taxable goods and/or services effected Monthly 10th of the next month