CBDT constitutes Start-up Cell for redressal of grievances related to Start-ups

305 Views Ministry of Finance One of the measures pertaining to taxation announced by the Hon’ble Finance Minister as part of the several measures to boost the economy, was the withdrawal of ‘Angel Tax’ provisions for Start-ups and their investors. As part of the measures for mitigating the genuine difficulties of Start-ups, it was decided …

CBDT constitutes Start-up Cell for redressal of grievances related to Start-ups Read More »

Requesting to extend due date of GSTR 9 and GSTR 9C by The Institute of Cost Accountants of India

556 ViewsRef No: ICAI/IDTC/GST_RET/2019 Date: 21/08/2019 Shri Pranab Kumar Das,IRS Chairman Central Board of Indirect Taxes & Customs New Delhi Subject: Requesting to extend due date of GSTR 9 and GSTR 9C Respected Sir, The Institute would like to draw the kind attention that the due date to file GSTR – 9 and GSTR – …

Requesting to extend due date of GSTR 9 and GSTR 9C by The Institute of Cost Accountants of India Read More »

Extend Due Date of GST Annual Return

2,436 ViewsSmt. Nirmala Sitharaman Union Minister of Finance, Government of India & Chairperson – GST Council 134, North Block, New Delhi – 110 001 The Office of GST Council Secretariat, 5th Floor, Tower II, Jeevan Bharat Building, Janpath Road, Connaught Place, New Delhi – 110 001 Contact.gstcouncil@gov.in Tel: 011-23762656 Sub: Request for extension of due …

Extend Due Date of GST Annual Return Read More »

Insertion of new section 43A in CGST act 2018

425 ViewsProcedure for furnishing return and availing input tax credit. After section 43 of the principal Act, the following section shall be inserted, namely:— “43A. (1) Notwithstanding anything contained in sub-section (2) of section 16, section 37 or section 38, every registered person shall in the returns furnished under sub-section (1) of section 39 verify, …

Insertion of new section 43A in CGST act 2018 Read More »

Amendment of section 44 of CGST Act

490 ViewsIn section 44 of the Central Goods and Services Tax Act, in sub-section (1), the following provisos shall be inserted, namely:— “Provided that the Commissioner may, on the recommendations of the Council and for reasons to be recorded in writing, by notification, extend the time limit for furnishing the annual return for such class …

Amendment of section 44 of CGST Act Read More »

Insertion of new section 31A. Facility of digital payment to recipient in CGST act

876 ViewsAfter section 31 of the Central Goods and Services Tax Act, the following section shall be inserted, namely:–– “31A. The Government may, on the recommendations of the Council, prescribe a class of registered persons who shall provide prescribed modes of electronic payment to the recipient of supply of goods or services or both made …

Insertion of new section 31A. Facility of digital payment to recipient in CGST act Read More »

CBDT rebuts incorrect reports about Income Tax notices to Durga Puja Committees

255 Views Ministry of Finance There have been reports in the media about Income Tax notices being issued to Durga Puja Committees in Kolkata recently. The reports also mention that Income Tax notices were sent to the Durga Puja Committee Forum in the last few weeks. It is unequivocally stated that the said reports are …

CBDT rebuts incorrect reports about Income Tax notices to Durga Puja Committees Read More »

Clarification in respect of filling-up of the ITR forms for the Assessment Year 2019-20

393 ViewsCircular No. 18 of 2019 F.No. 370142/1/2019-TPL (Pt-1) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Dated: 8th August, 2019 Clarification in respect of filling-up of the ITR forms for the Assessment Year 2019-20 The Income-tax return (ITR) forms for the Assessment Year (AY) 2019-20 were …

Clarification in respect of filling-up of the ITR forms for the Assessment Year 2019-20 Read More »

CBDT extends due dates of TDS compliance in respect of deductors in the State of Odisha

456 Views Ministry of Finance With a view to redress genuine hardship faced by the deductors due to the severe disruption of normal life and breakdown of communication systems caused by cyclone “Fani” hitting the State of Odisha on 3rd of May, 2019, CBDT has provided the following relief in TDS compliance to the deductors …

CBDT extends due dates of TDS compliance in respect of deductors in the State of Odisha Read More »

E-filing of Income Tax Returns registers an increase of 19%

310 Views Ministry of Finance There have been some incorrect reports in media pertaining to reduction in numbers of Income Tax Returns(ITR) e-filed during Financial Year(F.Y.) 2018-19 as compared to F.Y. 2017-18. This is factually untrue, because the figures for F.Y. 2017-18 and F.Y. 2018-19 are not directly comparable.  It is stated that during F.Y. …

E-filing of Income Tax Returns registers an increase of 19% Read More »

Reconcile Books Vs GST Returns

3,064 ViewsReconciliation under Goods & Services Tax (GST) is about matching the data filed by the supplier with those of the recipients and recording all the transactions that have taken place during that period. The reconciliation process ensures that no sales or purchases are omitted or wrongly reported in the GST returns . Download Free Excel format

Income Tax Updates |Income Tax Return Forms AY 2019-2020 ( FY 2018-2019)

825 ViewsFORM ITR-1 SAHAJ For individuals being a resident (other than not ordinarily resident) having total income upto Rs.50 lakh, having Income from Salaries, one house property, other sources (Interest etc.), and agricultural income upto Rs.5 thousand [Not for an individual who is either Director in a company or has invested in unlisted equity shares] …

Income Tax Updates |Income Tax Return Forms AY 2019-2020 ( FY 2018-2019) Read More »

Seeks to notify certain services to be taxed under RCM under section 5(4) of IGST Act as recommended by Goods and Services Tax Council for real estate sector

304 Views[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 07/2019- Integrated Tax (Rate) New Delhi, the 29th March, 2019 G.S.R……(E).- In exercise of the powers conferred by sub-section (4) of section 5 of the Integrated Goods and …

Seeks to notify certain services to be taxed under RCM under section 5(4) of IGST Act as recommended by Goods and Services Tax Council for real estate sector Read More »

Seeks to amend notification No. 10/2017- Integrated Tax (Rate) so as to specify services to be taxed under Reverse Charge Mechanism (RCM) as recommended by Goods and Services Tax Council for real estate sector

285 Views[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 05/2019- Integrated Tax (Rate) New Delhi, the 29th March, 2019 GSR……(E).- In exercise of the powers conferred by sub-section (3) of section 5 of the Integrated Goods and …

Seeks to amend notification No. 10/2017- Integrated Tax (Rate) so as to specify services to be taxed under Reverse Charge Mechanism (RCM) as recommended by Goods and Services Tax Council for real estate sector Read More »

Seeks to amend notification No. 8/2017- Integrated Tax (Rate) so as to notify IGST rates of various services as recommended by Goods and Services Tax Council for real estate sector.

402 Views[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 03/2019- Integrated Tax (Rate) New Delhi, the 29th March, 2019 G.S.R……(E).- In exercise of the powers conferred by sub-sections (1), (3) and (4) of section 5, subsection (1) …

Seeks to amend notification No. 8/2017- Integrated Tax (Rate) so as to notify IGST rates of various services as recommended by Goods and Services Tax Council for real estate sector. Read More »

Seeks to amend notification No. 02/2019- Central Tax (Rate) so as to provide for application of Composition rules to persons opting to pay tax under notification no. 2/2019- Central Tax (Rate).

333 Views[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 9/2019-Central Tax (Rate) New Delhi, the 29th March, 2019 G.S.R……(E).- In exercise of the powers conferred by sub-section (1) of section 9, sub-section (1) of section 11, sub-section …

Seeks to amend notification No. 02/2019- Central Tax (Rate) so as to provide for application of Composition rules to persons opting to pay tax under notification no. 2/2019- Central Tax (Rate). Read More »

Seeks to amend notification No. 1/2017- Central Tax (Rate) so as to notify CGST rate of certain goods as recommended by Goods and Services Tax Council for real estate sector.

293 Views[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 08/2019- Central Tax (Rate) New Delhi, the 29th March, 2019 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 9 and sub- section (5) …

Seeks to amend notification No. 1/2017- Central Tax (Rate) so as to notify CGST rate of certain goods as recommended by Goods and Services Tax Council for real estate sector. Read More »

Seeks to notify certain class of persons by exercising powers conferred under section 148 of CGST Act, 2017.

289 Views [TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 06/2019-Central Tax (Rate) New Delhi, the 29th March, 2019 G.S.R……(E).- In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, …

Seeks to notify certain class of persons by exercising powers conferred under section 148 of CGST Act, 2017. Read More »

Seeks to amend notification No. 12/2017- Central Tax (Rate) so as to exempt certain services as recommended by Goods and Services Tax Council for real estate sector.

275 Views[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 04/2019- Central Tax (Rate) New Delhi, the 29th March, 2019 G.S.R……(E).- In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and …

Seeks to amend notification No. 12/2017- Central Tax (Rate) so as to exempt certain services as recommended by Goods and Services Tax Council for real estate sector. Read More »

Seeks to amend notification No. 11/2017- Central Tax (Rate) so as to notify CGST rates of various services as recommended by Goods and Services Tax Council for real estate sector.

293 Views[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 03/2019-Central Tax (Rate) New Delhi, the 29th March, 2019 G.S.R……(E).- In exercise of the powers conferred by sub-sections (1), (3) and (4) of section 9, sub-section (1) of …

Seeks to amend notification No. 11/2017- Central Tax (Rate) so as to notify CGST rates of various services as recommended by Goods and Services Tax Council for real estate sector. Read More »

Clarifications on refund related issues under

401 ViewsCircular 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 Wing New Delhi, Dated the 28th March, 2019 To, The Principal Chief Commissioners / Chief Commissioners / Principal Commissioners / Commissioners of Central Tax (All) The Principal Director …

Clarifications on refund related issues under Read More »

Notification no-05/2017

360 Views[TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No.5/2017-Central Tax (Rate) New Delhi, the 28th June, 2017 G.S.R. (E).- In exercise of the powers conferred by clause (ii) of the proviso to sub-section (3) of section …

Notification no-05/2017 Read More »

Notification no-20/2018

341 Views[TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 20/2018-Central Tax (Rate) New Delhi, the 26th July, 2018 G.S.R. (E).- In exercise of the powers conferred by clause (ii) of the proviso to sub-section (3) of …

Notification no-20/2018 Read More »

Transfer of ITC in case of Death of sole proprietor

520 ViewsCircular No. 96/15/2019-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 Wing New Delhi, Dated the 28th March, 2019 To, The Principal Chief Commissioners / Chief Commissioners / Principal Commissioners / Commissioners of Central Tax (All) The Principal Director …

Transfer of ITC in case of Death of sole proprietor Read More »

Nature of Supply of Priority Sector Lending Certificates (PSLC) -GST

323 Views Circular No. 93/12/2019-GST F. No. 354/124/2018-TRU Government of India Ministry of Finance Department of Revenue Tax research Unit **** Room No. 156, North Block, New Delhi, 8 th March, 2019 Representations have been received requesting to clarify whether IGST or CGST/ SGST is payable for trading of PSLC by the banks on e-Kuber …

Nature of Supply of Priority Sector Lending Certificates (PSLC) -GST Read More »

New GST Return -sahaj

565 Views Proposed Return documents, as approved by competent authority, can now be downloaded from the Download section of the GST Portal. This is to enable various stakeholders in adapting their systems to make them compatible with the proposed return format and business processes.V Return Formats (Sahaj Return – FORM GST RET-2) (Quarterly) (including amendment) Download New …

New GST Return -sahaj Read More »

GST Registration Exemption

460 Views[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 10/2019-Central Tax New Delhi, the 7th March, 2019 G.S.R (E).- In exercise of the powers conferred by sub-section (2) of section 23 of the Central Goods and Services …

GST Registration Exemption Read More »

Implementation of various decisions taken by the GST Council for the MSME Sector; Issue of Notifications there of

313 Views Ministry of Finane Date-08.03.2019 The GST Council in its 32nd Meeting held on 10th January, 2019, inter-alia, had taken the following decisions to be effective from 1st April, 2019 (01.04.2019): ·         Higher Exemption Threshold Limit for Supplier of Goods: There would be two Threshold Limits for exemption from registration and payment of GST for the Suppliers of Goods i.e. …

Implementation of various decisions taken by the GST Council for the MSME Sector; Issue of Notifications there of Read More »

Accounts job in Indian Railway 2019

1,573 ViewsGOVERNMENT OF INDIA, MINISTRY OF RAILWAYS RAILWAY RECRUITMENT BOARDS CENTRALISED EMPLOYMENT NOTICE NO. CEN 01/2019 FOR NON TECHNICAL POPULAR CATEGORIES (NTPC) GRADUATE & UNDER GRADUATE POSTS ONLINE applications are invited by RRBs from eligible Indian Nationals and other nationals as brought out at Para 4 of this CEN for the posts of Non-Technical Popular …

Accounts job in Indian Railway 2019 Read More »

43rd Civil Accounts Day on March 1, 2019; On the occasion, the Finance Minister, Shri Arun Jaitley to make a Statement on the implementation of PM -KISAN Yojana through PFMS and to release the Compendium on GST Refunds compiled by the Office of Pr. CCA (CBIC) among others

370 Views Press Release dt. 28.02.2019 The Indian Civil Accounts Service (ICAS) is celebrating March 1 every year as the “Civil Accounts Day”. Since its inception, the ICAS has steadily grown in stature and now plays an important role in the management of public finances of the Union Government. A function is being organized on …

43rd Civil Accounts Day on March 1, 2019; On the occasion, the Finance Minister, Shri Arun Jaitley to make a Statement on the implementation of PM -KISAN Yojana through PFMS and to release the Compendium on GST Refunds compiled by the Office of Pr. CCA (CBIC) among others Read More »

GST Support Services

333 ViewsWe specialize in GST with the promise of reliability and to provide GST support services to our clients in the following areas: GST Returns, GST Refund and all matter related to GST.

Interest Subvention Scheme for MSMEs

1,632 ViewsNotification no -RBI/2018-19/125 FIDD.CO.MSME.BC.No.14/06.02.031/2018-19 February 21, 2019 The Chairman/Managing Director & CEOs All Scheduled Commercial Banks (including Regional Rural Banks) Madam/Dear Sir, Interest Subvention Scheme for MSMEs As you are aware, Government of India, on November 2, 2018, has announced ‘Interest Subvention Scheme for MSMEs 2018’. A copy of the salient features and operational …

Interest Subvention Scheme for MSMEs Read More »

GSTR-3B Due Date Extended

504 Views[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 09/2019 – Central Tax New Delhi, the 20th February, 2019 G.S.R…..(E).–In exercise of the powers conferred by section 168 of the …

GSTR-3B Due Date Extended Read More »

GST Tax Invoice rules and act

559 ViewsSec 31 of CGST act (1) A registered person supplying taxable goods shall, before or at the time of,— (a) removal of goods for supply to the recipient, where the supply involves movement of goods; or (b) delivery of goods or making available thereof to the recipient, in any other case, issue a tax …

GST Tax Invoice rules and act Read More »

OFFENCES AND PENALTIES IN GST

238 ViewsSec 122 of CGST act 2017 (1) Where a taxable person who–– (i) supplies any goods or services or both without issue of any invoice or issues an incorrect or false invoice with regard to any such supply; (ii) issues any invoice or bill without supply of goods or services or both in violation …

OFFENCES AND PENALTIES IN GST Read More »

General penalty under GST

237 ViewsSection 125 of CGST act Any person, who contravenes any of the provisions of this Act or any rules made thereunder for which no penalty is separately provided for in this Act, shall be liable to a penalty which may extend to twenty-five thousand rupees.

Penalty on GSTR-3B and GSTR-1

513 ViewsCircular no-89/08/2019-GST                Dt. 18.02.2019 Mentioning details of inter-State supplies made to unregistered persons in Table 3.2 of FORM GSTR-3B and Table 7B of FORM GSTR-1 A registered supplier is required to mention the details of inter -State supplies made to unregistered persons, composition taxable persons and UIN holders in Table 3.2 of FORM GSTR-3B. …

Penalty on GSTR-3B and GSTR-1 Read More »

Income Tax Refunds

304 ViewsPress Release dt. 02.12.2019 Ministry of Finance The level of income-tax compliance has continuously increased over the last three Financial Years, which is reflected in the number of Income-Tax Returns filed over this period, as given hereunder: – S.No. Financial Total Number of Percentage increase   Year Income Tax over previous Financial     …

Income Tax Refunds Read More »

Delhi E way bill limit – intra state limit

1,408 ViewsNotification no-03/2018 dt. 15.06.2018 In exercise of the powers conferred by clause (d) of sub-rule (14) of rule 138 of the Delhi Goods and Services Tax Rules, 2017 and in supersession of notification No. F. No. 3(134)/PolicyGST/2018/1626-36 dated 28/03/2018, I, H. Rajesh Prasad, Commissioner, State Tax, in consultation with the Chief Commissioner of Central …

Delhi E way bill limit – intra state limit Read More »

West Bengal E way bill limit – intra state limit

1,386 Views GOVERNMENT OF WEST BENGAL DIRECTORATE OF COMMERCIAL TAXES 14, BELIAGHATA ROAD, KOLKATA-700015 Notification No. 13/2018–C.T./GST Dated: 06.06.2018 Whereas, notifications under clause (d) of sub-rule (14) of rule 138 of the West Bengal Goods and Services Tax Rules, 2017 bearing No. 07/2018-C.T./GST dated 29.03.2018 and No. 11/2018-C.T./GST dated 30.05.2018 have been issued by the …

West Bengal E way bill limit – intra state limit Read More »

Uttar Pradesh E way bill limit -intra state limit

702 ViewsFrom 15th April 2018, in Uttar pradesh State, it is mandatory to generate e-way bill for intra-state movement of taxable goods of value above Rs 50,000/- Notification no-GST/2018-19/38 dt. 11.04.2018 All States E-Way bill limit (Intra State limit) sl.no    State Name    Reference 1 Andra Pradesh https://rtsprofessionalstudy.com/2019/02/07/andhra-pradesh-e-way-bill-limit/ 2 Arunachal Pradesh https://rtsprofessionalstudy.com/2019/02/07/arunachal-pradesh-e-way-bill-limit-intra-state-limit/ 3 Assam …

Uttar Pradesh E way bill limit -intra state limit Read More »

Tripura E way bill limit -intra state limit

795 Views ST Intra-State E-waybill is required for any Intra-State movement of taxable goods having value more than Rs. 50,000/-. Intra-State E-Waybill is required to be generated from the EWaybill portal i.e. http://www.ewaybillgst.gov.in notification no-108 dt. 28.03.2018 In exercise of the powers conferred undbr clause (d) of sub-rule (14) of rule 138 of the Tripura …

Tripura E way bill limit -intra state limit Read More »

Sikkim E-way bill limit -intra state e way bill limit

705 ViewsPress Release dt. 23.04.2018 As per the decision of the GST Council, e-Way Bill system for ​I​nter-State movement of goods has been rolled​-​out from 01st April, 2018. As on 20th April, 2018, e-Way Bill system for ​Intra-State movement of goods has been rolled-out in the States of Andhra Pradesh, Bihar, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Telangana, …

Sikkim E-way bill limit -intra state e way bill limit Read More »

Rajasthan E-way bill limit-intra State limit

1,228 ViewsNotification no- F17(131)ACCT/GST/2017/3743 dt. 06.08.2018 In exercise of the powers conferred by clause (d) of sub-rule (14) of rule 138 of the rajasthan Goods and services tax rules, 2017 hereinafter referred to as the said rules i alok gupta, commissioner of state tax, rajashtan, after consultation with the chief commissioner of central tax, jaipur …

Rajasthan E-way bill limit-intra State limit Read More »

Punjab E-way bill limit- Intra state limit

1,716 ViewsNotification no- GST-I-2018/2-State dt. 08.10.2018 In partial modification of earlier notification PA/ETC/2018/175 dt. 13.09.2018  issued by the Department of Excise & Taxation, Punjab and in exercise of the powers conferred by clause (d) of sub-rule (14) of rule 138 of the Punjab Goods and Services Tax Rules, 2017, read with section 168 of the Punjab …

Punjab E-way bill limit- Intra state limit Read More »

Nagaland E-way bill limit -intra state e way bill limit

794 ViewsNotification no-02/2018 dt. 09.02.2018 In exercise of the powers conferred by clause (d) sub-rule 14 or Rule 138 of the nagaland goods and services tax rules, 2017 (herein after referred to as the ”said rules) the commissioner of state taxes, nagaland: dimapur, hereby notify the 1st day of june 2018 for intra-state movement of …

Nagaland E-way bill limit -intra state e way bill limit Read More »

New GST Return Filing System

491 ViewsPress Release dt. 08.02.2019 GSTN will focus, amongst others, on the development of new return filing, further improving the user interface, and Business Intelligence and Analytics. Improvement in User Interface on the basis of feedback is a continuous process. Few important initiatives/improvements made for better User Experience are: Questionnaire for filing GSTR-3B to avoid …

New GST Return Filing System Read More »

Mizoram E way bill limit -intra state limit

795 ViewsNotification no-J.21011/2/2018 dt. 28.05.2018 In exercise fo the power conferred by clause (d) of sub-rule (14) rule 138 of the mizoram goods and services tax rules, 2017. in supersession of the notification no. j.21011/1/2017-tax/vol iii/pt(iii) (15A/2018-state tax) date the 2nd may, 2018 and whereas the council has decided to enforce the e-way bill for …

Mizoram E way bill limit -intra state limit Read More »

Dadra and Nagar Haveli E-way bill limit-intra State limit

788 ViewsGovernment of India Ministry of Finance (Department of Revenue) Notification No 8/2018 – Union Territory Tax dt. 18.05.2018 G.S.R. (E).- In exercise of the powers conferred under sub-section (1) of section 22 of the Union Territory Goods and Services Tax Act, 2017 (No. 14 of the 2017) and section 164 of Central Goods and …

Dadra and Nagar Haveli E-way bill limit-intra State limit Read More »

Manipur E-way bill limit -Intra state

983 ViewsPress Release dt. 24.05.2018 As per the decision of the GST Council, e-Way Bill system for inter-State movement of goods has been rolled out from 1st April, 2018. As on 23rd May, 2018, e-Way Bill system for intra-State movement of goods has been rolled out in the States of Andhra Pradesh, Arunachal Pradesh, Assam, Bihar, Gujarat, …

Manipur E-way bill limit -Intra state Read More »

Himachal Pradesh E-way bill limit -Intra State limit

1,076 ViewsNotification no-12-4/78-EXN-Tax-14104 Dt. 01-05-2018 in exercise of the powers conferred by clause (d) of sub-rule (14) of rule 138 of the himachal pradesh goods and service tax Rules, 2017 and in supersession of notification no-12/4/EXN-12438 Date 17th april, 2018, except as respect thing done or omitted to be done before such supersession , the …

Himachal Pradesh E-way bill limit -Intra State limit Read More »

Haryana E-way bill limit – Intra state E way bill limit

2,443 Views Notification No. 46/ST-2 dt. 30.03.2019 In exercise of the powers conferred by clause (d) of sub-rule (14) of rule 138 of Haryana Goods and Services Tax Rules, 2017, I, Ashima Brar, Commissioner of State Tax, Haryana do hereby, in consultation with the Chief Commissioner of Central Tax, Haryana Zone, direct that e-way bill …

Haryana E-way bill limit – Intra state E way bill limit Read More »

Gujarat E-way bill limit -Intra state limit

1,068 Viewsnotification no-GSl/GST/Rule-138(14)/B dt. 11.04.2018 in exercise of the powers conferred by clause (d) of sub-rule (14) of rule 138 of the Gujarat goods and services tax rules, 2017, in supercession of the the notification no-GSTl/GST/Rule-138(14)/B dt. 28.03.2018. and whereas the council has decided to enfore the e way bill for intra -state movement of …

Gujarat E-way bill limit -Intra state limit Read More »

Goa E-way bill limit -Intra State limit

718 Views Notification CCT/26-2/2018-19/36 dt. 28.05.2018 Vide Notification No. CCT/26-2/2017-18/31 dated 29th March, 2018, the “Intra-State” movement of goods was exempted from the provisions of the E-Way Bill upto 31-05-2018. The Goods and Service Tax Council, has, in its 27th meeting held on 04-05-2018, decided to implement the provisions of the E-Way Bill for “Intra-State” …

Goa E-way bill limit -Intra State limit Read More »

Assam E-way bill limit -Intra state limit

2,433 Viewscommissionerate of state tax kar bhawan, dispur, Guwahati-781006 E-way bill is made compulsory for intra-state movement of goods ( vovement of goods with commences and terminates withint the state of assam) w.e.f.16 may, 2018 E-way bill is a document required to be carried by a person in-charge of the conveyance for any movement of …

Assam E-way bill limit -Intra state limit Read More »

Arunachal Pradesh E-way bill limit -Intra-state limit

825 ViewsNotification No. 24/2017–State Tax The 7th September, 2017 No. GST/24/2017.— In exercise of the powers conferred by section 164 of the Arunachal Pradesh Goods and Services Tax Act, 2017 (7 of 2017), the State Government hereby makes the following rules further to amend the Arunachal Pradesh Goods and ServicesTax Rules,2017, namely :- (1) These …

Arunachal Pradesh E-way bill limit -Intra-state limit Read More »

Andhra Pradesh E-way bill Limit

1,118 ViewsIntra-State E-way bill limit notification/order no-CCW/GST/74/2015 DT. 11.04.2018 In exercise of the powers conferred under clause (d) of sub-rule 14 of the andhra pradesh goods and services tax rules, 2017, the chief commissioner of state tax hereby notifies that the proceeding issued vide CCTs Ref. in CCW/GST/74/2015 dt. 29.03.2018 exempting e way bill generation …

Andhra Pradesh E-way bill Limit Read More »

Bihar E-way bill limit -Intra State e way bill limit

802 Viewsnotification no 14 dt. 17.01.2019 S.O.14, Dated 17th January 2019—In exercise of the powers conferred by clause (d) of sub rule (14) of Rule 138 of Bihar Goods and Services Tax Rules, 2017 (hereinafter referred to as “said Rules”), the Commissioner, hereby makes following amendment in notification No. S.O. 180, dated the 19th April, …

Bihar E-way bill limit -Intra State e way bill limit Read More »

Clarification regarding GST rates & classification (goods)

235 Views Circular No. 80/54 /2018-GST F. No.354/432/2018-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) ***** North Block, New Delhi Dated 31st December, 2018 To, Principal Chief Commissioners/ Principal Directors General, Chief Commissioners/ Directors General, Principal Commissioners/ Commissioners of Central Excise & Central Tax Madam/ Sir, Subject: Clarification regarding GST …

Clarification regarding GST rates & classification (goods) Read More »

Clarification on export of services under GST

196 Views Representations have been received seeking clarification on certain issues relating to export of services under the GST laws. The same have been examined and the clarifications on the same are as below 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 …

Clarification on export of services under GST Read More »

Clarification on certain issues like TCS & GST

200 Views 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 Wing ***** New Delhi, Dated the 31st December, 2018 Clarification on certain issues (sale by government departments to unregistered person; leviability of penalty under section 73(11) of the CGST Act; rate of …

Clarification on certain issues like TCS & GST Read More »

Benefits of RCEP Agreement

309 ViewsThe Regional Comprehensive Economic Partnership (RCEP), which is a proposed Free Trade Agreement between ten ASEAN member states and their six Free Trade Agreement (FTA) partners namely India, Australia, China, Japan, New Zealand and Republic of Korea, is expected to provide market access for India’s goods and services exports and encourage greater investments and …

Benefits of RCEP Agreement Read More »

Agri Export Zones

259 Views The concept of Agri Export Zone (AEZ) was introduced in 2001, through EXIM Policy 1997-2001, to take a comprehensive look at a particular produce/product located in a contiguous area for the purpose of developing and sourcing the raw materials, their processing/packaging, leading to final exports. The concept hinged primarily on convergence of existing …

Agri Export Zones Read More »

Development of new GST return filing system by GSTN

269 Viewspress release 18.12.2018 GSTN will focus on the development of new return filing, further improving the user interface, and Business Intelligence and Analytics. While the new return is yet to be notified, GSTN has started development of thecomponents in which major changes are not expected. Improvement in User Interface on the basis of feedback …

Development of new GST return filing system by GSTN Read More »

Annual Return and Utility made – ORDER NO-1 2018 Central tax dt. 11.12.2018

193 ViewsGovernment of India Ministry of Finance (Department of Revenue) S.O.(E).––WHEREAS, sub-section (1) of section 44 of the Central Goods and ServicesTax Act, 2017 (12 of 2017) (hereafter in this Order referred to as the said Act) provides thatevery registered person, other than an Input Service Distributor, a person paying tax undersection 51 or section …

Annual Return and Utility made – ORDER NO-1 2018 Central tax dt. 11.12.2018 Read More »

Payment

246 Views

Extend Due date for GST Audit & Annual Return

471 ViewsForm GSTR-9, GSTR-9A, GSTR-9C Press Release dt. 07.12.2018 7th December, 2018Extension of due date for filing FORM GSTR-9, FORM GSTR-9A and FORM GSTR-9C FORM GSTR-9 and FORM GSTR-9A have been notified vide notification No. 39/2018-Central Tax, dated 04.09.2018 while FORM GSTR-9C has been notified vide notification no. 49/2018-Central Tax, dated 13.09.2018 as part of …

Extend Due date for GST Audit & Annual Return Read More »

Notification no 09/2017 dt. 28.06.2017

211 Views[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 9/2017-Integrated Tax (Rate) New Delhi, the 28th June, 2017 G.S.R…..(E).- In exercise of the powers conferred by sub-section (1) of section 6 of the Integrated Goods and Services …

Notification no 09/2017 dt. 28.06.2017 Read More »

Notification no 12/2017 dt. 28.06.2017

184 Views[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 12/2017- Central Tax (Rate) New Delhi, the 28th June, 2017G.S.R……(E).- In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services …

Notification no 12/2017 dt. 28.06.2017 Read More »

Extension of Eligibility Criteria for Registration press release dt. 29.11.2018

230 ViewsExamination for Confirmation of Enrollment of GST Practitioners; Extension of Eligibility Criteria for Registration   Reference is invited to Press Release dated 1.11.2018 and 19.11.2018 regarding exam for GST Practitioners(GSTPs) scheduled on 17.12.2018. For this exam, only those GSTPs of the relevant category were invited to register on examination portal whose enrolment on GST …

Extension of Eligibility Criteria for Registration press release dt. 29.11.2018 Read More »

Extension of due dates for filing GST returns Press Release dt. 28.11.2018

201 ViewsPress Release Dt. 28.11.2018   In view of the disturbances caused to daily life by Cyclone Titli in the district of Srikakulam, Andhra Pradesh, and by Cyclone Gaza in eleven districts of Tamil Nadu viz., Cuddalore, Thiruvarur, Puddukottai, Dindigul, Nagapatinam, Theni, Thanjavur, Sivagangai, Tiruchirappalli, Karur and Ramanathapuram, the competent authority has decided to extend …

Extension of due dates for filing GST returns Press Release dt. 28.11.2018 Read More »

Central Goods and Services Tax (CGST) Rules,2017 up to 4.09.2018

211 ViewsNotified vide Notification No. 3 /2017-Central Tax (Dated 19th June 2017) and further as amended by Notification No. 7/2017-Central Tax (Dated 27th June 2017), Notification No. 10/2017-Central Tax(Dated 28th June 2017), Notification No. 15/2017-Central Tax (Dated 1st July 2017), Notification No.17/2017-Central Tax (Dated 27th July 2017), Notification No. 22/2017-Central Tax (Dated 17th August 2017), …

Central Goods and Services Tax (CGST) Rules,2017 up to 4.09.2018 Read More »

Credit limit management in tally erp 9

328 ViewsCheck out this great video how to set credit limit in tally erp 9 how to set auto payment collection reminder in tally erp 9

Special provisions consequential to changes in rate of exchange of currency

74 ViewsSpecial provisions consequential to changes in rate of exchange of currency Section – 43A, Income-tax Act, 1961 43A. Notwithstanding anything contained in any other provision of this Act, where an assessee has acquired any asset in any previous year from a country outside India for the purposes of his business or profession and, in consequence …

Special provisions consequential to changes in rate of exchange of currency Read More »

INCOME-TAX NOTIFICATION NO.81

92 ViewsINCOME-TAX NOTIFICATION NO.81 NOTIFICATIONNew Delhi, the 25th September, 2020INCOME TAX S.O. 3309(E).—In exercise of powers conferred by sub-sections (1) and (2) of section 120 of theIncome-tax Act, 1961 (43 of 1961) (hereinafter referred to as the Act) and to give effect to the FacelessAppeal Scheme, 2020 (hereinafter referred to as the Scheme) made under …

INCOME-TAX NOTIFICATION NO.81 Read More »

INCOME-TAX NOTIFICATION NO.80

81 ViewsINCOME-TAX NOTIFICATION NO.80 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 25th September, 2020INCOME TAX S.O. 3308(E).-—In exercise of powers conferred by sub-sections (1) and (2) of section 120 of theIncome-tax Act, 1961 (43 of 1961) (hereinafter referred to as the Act) and to give effect to the FacelessAppeal Scheme, 2020 …

INCOME-TAX NOTIFICATION NO.80 Read More »

Tariff Notification No. 92/2020-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver

81 ViewsTariff Notification No. 92/2020-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver Ministry of Finance In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes & …

Tariff Notification No. 92/2020-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver Read More »

INCOME-TAX NOTIFICATION NO.79

109 ViewsINCOME-TAX NOTIFICATION NO.79 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 25th September, 2020(INCOME-TAX) S.O. 3304(E).—In exercise of powers conferred under sub-section (2) of section 143 of Income-tax Act,1961 (43 of 1961) (the Act) read with Rule 12E of the Income-tax Rules, 1962, the Central Board of Direct Taxeshereby authorises the …

INCOME-TAX NOTIFICATION NO.79 Read More »

INCOME-TAX NOTIFICATION NO.78

108 ViewsINCOME-TAX NOTIFICATION NO.78 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 25th September, 2020(Income-tax) S.O. 3303(E).—In exercise of the powers conferred under section 118 and sub- section (1) and (2) of section120 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the followingamendments in …

INCOME-TAX NOTIFICATION NO.78 Read More »

INCOME-TAX NOTIFICATION NO.77

105 ViewsINCOME-TAX NOTIFICATION NO.77 NOTIFICATIONNew Delhi, the 25th September, 2020(INCOME-TAX) S.O. 3297(E).—In exercise of the powers conferred by sub-section (6C) of section 250 of the Income-tax Act,1961 (43 of 1961), for the purposes of giving effect to the Faceless Appeal Scheme, 2020 made under sub-section (6B)of section 250 of the Act, the Central Government hereby …

INCOME-TAX NOTIFICATION NO.77 Read More »

INCOME-TAX NOTIFICATION NO.76

86 ViewsINCOME-TAX NOTIFICATION NO.76 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 25th September, 2020(INCOME-TAX) S.O. 3296(E).—In exercise of the powers conferred by sub-section (6B) of section 250 of the Income-tax Act,1961 (43 of 1961), the Central Government hereby makes the following Scheme, namely:__ Short title and commencement.––(1) This Scheme may be …

INCOME-TAX NOTIFICATION NO.76 Read More »

INCOME-TAX NOTIFICATION NO.75

120 ViewsINCOME-TAX NOTIFICATION NO.75 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXE)NOTIFICATIONNew Delhi, the 22nd September, 2020Incom-Tax G.S.R. 574(E).-In exercise of the powers conferred by section 295 read with section 195 and rule 5 ofthe First Schedule to the Income- tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes, hereby, makes …

INCOME-TAX NOTIFICATION NO.75 Read More »

Open chat