Category: GST
CBIC analysis of ITR/TDS data received from CBDT shows possible leakage of Service Tax revenue As per Central Board of Indirect Taxes & Customs (CBIC), DG (Systems) has undertaken an analysis of the Income Tax Returns (ITR)/Tax deducted at Source (TDS) data for FY 2015-16 received from the …
GST Revenue collection for March, 2019 crossed Rupees One Lakh Crore and recorded Highest Collections in the FY 2018-19 Total Gross GST revenue collected in the month of March, 2019 is Rs. 1,06,577 crore of which CGST is Rs. 20,353 crore, SGST is Rs. 27,520 crore, IGST is Rs. 50,418 crore (including Rs. 23,521 crore collected on imports) …
GST on real estate sector-CBIC issues Notifications / Orders to give effect to decisions of GST Council CBIC has issued various notifications / Orders to give effect to the decisions taken in the 34th meeting of GST Council related to GST on real estate sector. The details of …
Refund of accumulated ITC on account of inverted tax structure, for periods in which there is reversal required to be lapsed – CBIC Clarification Circular No. 94/13/2019-GST F. No. CBEC-20/16/04/2018 – GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy …
Verification of applications for grant of new GST registration-CBIC Instruction to ensure uniformity in implementation of provisions. Circular No. 95/14/2019-GST F. No. CBEC-20/16/04/2018 – GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing*** New Delhi, Dated the 28th March, 2019 To,The Principal …
Extension of due date for furnishing of FORM GST ITC-04 for the period July 2017 to March 2019 till 30th June 2019 Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 15/2019 – Central Tax New Delhi, the 28th …
Transfer of input tax credit in case of death of sole proprietor. Un-utilized ITC in electronic credit ledger is allowed to be transferred-CBIC Circular No. 96/15/2019-GST F. No. CBEC-20/16/04/2018 – GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing*** New Delhi, Dated …
Forthcoming changes in e-Waybill system- Auto calculation of route distance, Blocking of generation of multiple E-Way Bills etc. 1. Auto calculation of route distance based on PIN code for generation of EWB. Now, E-waybill system is being enabled to auto calculate the route distance for movement of goods, …
Transporters/Trucks owners can be proceeded against under UPGST Act despite not doing business in respect of sale/ purchase of goods – High Court ABCAUS Case Law Citation: ABCAUS 2837 (2019) (03) HC In the instant case, the petitioners were the Truck owners who challenged the individual notices issued …
Extension of IGST/Compensation Cess exemption under Advance Authorisation, EPCG & EOU scheme upto 31.03.2020. Amendments to FTP 2015-2020 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION No. 57 /2015-2020 New Delhi, the 20th March, 2019 Subject: Amendments to Foreign Trade Policy 2015-2020 …
