Category: GST

 Clarifications on exports related refund issues-CBEC Circular CBEC has issued Circular No. 37/11/2018-GST dated 15th march, 2017 clarifying exports related refund issues. Earlier, the Board vide Circular No. 17/17/2017 – GST dated 15th November 2017 and Circular No. 24/24/2017 – GST dated 21st December 2017 had clarified various issues …

CBEC is observing GST refund fortnight from 15th -29th March, 2018 across all its field formations to deal exclusively with the pending GST refund claims  CBEC is observing GST refund fortnight from 15th – 29th March, 2018 Get your pending GST refunds on export of goods sanctioned CBEC is …

Processing of GST refund application for UIN entities-Clarification. Such entities are not registered person. Grant of UINs enable them to claim refund of GST  The GST Council, in its 23rd meeting held at Guwahati on 10th November 2017, had decided that the entities having Unique Identity Number (UIN) …

Recommendations regarding Data Analytics made during the 26th meeting of the GST Council  In the 26th meeting held here today , the GST Council has been apprised of the fact that CBEC and GSTN have started detailed data analytics across a number of data sets available with them. The …

Recommendations regarding E-way Bill made during  meeting of the GST Council  In the 26th meeting held here today , the GST Council has recommended the introduction of e-way bill for inter-State movement of goods across the country from 01st April 2018. For intra-State movement of goods, e-way bill system …

GST Reverse charge mechanism deferred till 30.06.2018 as per recommendations made in 26th meeting of the GST Council. Highlights of the decisions taken   I. Return filing System The present system of filing of GSTR 3B and GSTR 1 is extended for another three months i.e., April to June, …

26th Meeting of the GST Council meets & decides Extension of tax exemptions for exporters for six months  Sending a strong positive signal to the exporting community, the GST Council in its 26thmeeting held here today decided to extend the available tax exemptions on imported goods for a …

Existing system of filing GST returns to continue for another 3 months. Introduction of e-way bill across country from 1st April, 18-Decisions taken at 26th GST Council Meeting  Existing system of filing returns has been extended for another 3 months and meanwhile, GOM on the IT will look …

Due date for filing forthcoming GST Returns GSTR-1 and GSTR-3B-CBEC Advisory  for taxpayers GSTR-3B RETURN (Monthly) Return Period Due date February-2018 20th March, 2018 March-2018 20th April, 2018 Pay Tax by 20th of the Succeeding Month GSTR-1 RETURN (Quarterly) Aggregate Turnover < Rs. 1.5 crore Return Period Due date …

Facility for Cancellation of Provisional Registration by migrated taxpayers has been enhanced on the GST Portal. Now migrated taxpayers, who have made payments/issued invoice/filed other forms, will be stopped from cancelling their Provisional Registration. This enhancement will avoid inadvertent cancellations of registration by the Migrated Taxpayers. In case, …