Category: GST
Extension of due date for GSTR-3B return to 25.10.2018 for Sep 2018 month. Last date for availing ITC for Jul 2017 to Mar 2018 also extended to 25.10.2018 21 OCT 2018 Press Release by Ministry of Finance Extension of due date to 25th October, 2018 for furnishing return …
Last date to avail Input Tax Credit in respect of invoices or Debit Notes relating to such invoices pertaining to period from July, 2017 to March, 2018 – Clarification by Finance Ministry There appears to be misgiving about the last date for taking Input Tax Credit (ITC) in …
Under GST Regime service tax audit under Rule 5A can not be initiated Gujarat High Court in a judgment with far reaching implications stayed Service Tax Audit by CAG. This would definitely put a break on the harassment of the assessees by authorities who were issuing fresh notice for service tax …
Dealers opting composition Scheme need not furnish the data in serial number 4A of Table 4 of FORM GSTR-4 – Finance Ministry Finance Ministry has clarified the doubts regarding the manner of filing the Quarterly Return by Composition Dealers in FORM GSTR-4 in the absence of auto-population of …
Advisory for Taxpayers to file GST Refund Application for Multiple Tax period, grounds of refund, GST-RFD-01A, restrictions and invoice locking etc. 1. Refund application filing for multiple tax period is available for below grounds of refund: a. Export of Goods & Services-Without payment of Tax b. Export of …
For GST Practitioners enrolled after 24.09.2018 one more exam in December 2018 GST Practitioners enrolled after 24.09.2018, one more examination will be held in December 2018, date of which will be announced in due course – CBIC The GSTPs covered under rule 83(1)(b) read with second proviso to …
No IGST refund to exporters if initially claimed benefit of higher drawback or where higher rate and lower rate were identical- CBIC Circular No 37/2018-Customs F. No. 450/ 119/2017-Cus IV Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes & Customs) Room No. …
Persons claiming refund of integrated tax paid on exports of goods or services should not have received supplies on which the supplier has availed the benefit of earlier exemption Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 53/2018 – …
Central Goods and Services Tax (Twelfth Amendment) Rules, 2018. Amendment to rule 96(10) to allow exporters who have received capital goods under the EPCG scheme to claim refund of the IGST paid on exports and align rule 89(4B) to make it consistent with rule 96(10). Government of India Ministry of …
GST intelligence enforcement action power-Both Central or State officers can take enforcement action in respect of the entire value chain Central Board Of Excise & Customs (CBIC) has issued a clarification regarding ambiguity regarding initiation of enforcement action by the Central tax officers in case of taxpayer assigned …