Notification to prescribe Central Tax rate of 0.05% on intra-State supply of taxable goods by a registered supplier to a registered recipient for export subject to specified conditions

Government of India Ministry of Finance Department of Revenue Notification No. 40/2017-Central Tax (Rate) New Delhi, the 23rd October, 2017 G.S.R.….(E).- In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as “the said Act”), … Continue reading Notification to prescribe Central Tax rate of 0.05% on intra-State supply of taxable goods by a registered supplier to a registered recipient for export subject to specified conditions

Information to taxpayers regarding Late fee amount shown in GSTR 3B of September, 2017

Some taxpayers are reported that there is late fee amount shown in their GSTR 3B return, for the month of September, 2017, even though the last date of filing GSTR 3B return for the month of September, 2017, is 20th October, 2017. This is not for any delay on filing of GSTR 3B for September, … Continue reading Information to taxpayers regarding Late fee amount shown in GSTR 3B of September, 2017

Circular on Authorized officer for enrollment of Goods and Services Tax Practitioner has been issued

Circular No 9/9/2017- GST F. No. 349/75/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs (GST Policy Wing) New Delhi, Dated the 18th October, 2017 To, The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/ Commissioners of Central tax (All)/ Commissioners of Central tax (Audit)/ Principal Director General of Goods and … Continue reading Circular on Authorized officer for enrollment of Goods and Services Tax Practitioner has been issued

Circular clarifying movement of goods on approval basis has been issued

Circular No. 10/10/2017-GST CBEC - 20/16/03/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs GST Policy Wing New Delhi, dated 18th October, 2017 To, The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/ Commissioners of Central Tax (All) The Principal Director Generals/ Director Generals (All) Madam/Sir, Subject: Clarification on issues wherein … Continue reading Circular clarifying movement of goods on approval basis has been issued

Notification to extend the time limit for submission of FORM GST ITC-01

Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 44/2017 – Central Tax New Delhi, the 13th October, 2017 G.S.R. …..(E).—In pursuance of section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter referred to as the said Act) and clause (b) … Continue reading Notification to extend the time limit for submission of FORM GST ITC-01

Returns Offline Tool Version V2.0 for GSTR-1 and GSTR-2 form

Download, extract and run the Returns Offline Tool to collate and upload the invoices and other data in offline mode. Currently this tool is available only for GSTR-1 and GSTR-2 form.Download    Your downloaded (Returns Offline Tool) zip file contains: GST Offline tool (Application) Section Wise CSV files GSTR1 & GSTR2 Excel Workbook Template User … Continue reading Returns Offline Tool Version V2.0 for GSTR-1 and GSTR-2 form

Notification to exempt persons making inter-State supplies of taxable services from registration under section 23(2) CGST

Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 10/2017 – Integrated Tax New Delhi, the 13th October, 2017 G.S.R. …..(E).— In exercise of the powers conferred by section 20 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017) read with sub-section (2) of section 23 … Continue reading Notification to exempt persons making inter-State supplies of taxable services from registration under section 23(2) CGST

Extend the time limit for filing of FORM GSTR-4 Notification No. 41/2017 – CT

Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 41/2017 – Central Tax New Delhi, the 13th October, 2017 G.S.R. …..(E).—In exercise of the powers conferred by sub-section (6) of section 39 read with section 168 of the Central Goods and Services Tax Act, 2017 (12 of … Continue reading Extend the time limit for filing of FORM GSTR-4 Notification No. 41/2017 – CT

RCM u/s 9(4) Suspended till 31st March 2018 Notification No. 38/2017 – Central Tax (Rate)

Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 38/2017 – Central Tax (Rate) New Delhi, the 13th October, 2017 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the … Continue reading RCM u/s 9(4) Suspended till 31st March 2018 Notification No. 38/2017 – Central Tax (Rate)

Leasing of vehicles purchased and leased prior to 1st July, 2017 would attract GST at a rate equal to 65% of the applicable GST rate (including Compensation Cess).

In order to provide relief to old/existing leases of motor vehicles, GST Council in its 22nd Meeting held on the 6th October, 2017 in the national capital took several decisions in respect of motor vehicles purchased and leased prior to 1st July, 2017. These decisions are as given below:- a)     Leasing of vehicles purchased and … Continue reading Leasing of vehicles purchased and leased prior to 1st July, 2017 would attract GST at a rate equal to 65% of the applicable GST rate (including Compensation Cess).