Due date for Form GSTR - 3B for September 2018 extended to 25th October, 2018.    
Ofcourse, registration is Free! 
 

 

 

Recent Updates

CBIC - Notification issued on 30/10/2018

 

Amendments (Thirteenth Amendment, 2018) to the CGST Rules, 2017 - Rule 83A, Rule 109A, Rule 142A, Form REG-16, Form GSTR-4, Form PMT-1, Form APL-4, Form DRC-7A and Form DRC-8A Amended.

CBIC - Notification issued on 26/10/2018

 

Seeks to Provide Taxpayers whose Registration has been cancelled on or before the 30th September, 2018 time to furnish final return in FROM GST-10 till 31st December, 2018.

Seeks to extends the time limit for furnishing the declaration in FROM ITC-04 for the period from july,2017 to September, 2018 till 31st December, 2018.

CBIC - Circular issued on 26/10/2018

 

Circular on Standard Operating Procedure for Processing of Application for Cancellation of Registration submitted in FORM GST REG-16.

Clarification on certain issues related to refund.

Clarification on issues pertaining to registration as a casual taxable person & recovery of excess Input Tax Credit distributed by an Input Service distributor.

Circular to clarify the procedure in procedure in respect of return to time expired drugs or medicines.

CBIC - Customs Circular issued on 24/10/2018

 

IGST Export Refunds - extension in SB005 alternate mechanism and revised processing in certain cases including disbursal of compensation CESS - reg.

CBIC - Notification issued on 23/10/2018

 

GST - TDS - Exemption to certain authorities under Ministry of Defence.

GST Registration exemption if handicraft goods are supplied.

CBIC - Notification issued on 22/10/2018

 

Due date for Form GSTR - 3B for September 2018 extended to 25th October 2018.

IGST – Exemption from registration to interstate supply of more handicraft goods.

CBIC - Notification issued on 10/10/2018

 

Notification amending the CGST Rules, 2017 (Twelfth Amendment Rules, 2018).

CBIC - Customs Circular issued on 10/10/2018

 

Cases where IGST refunds have not been granted due to claiming higher rate of drawback OR where higher rate and lower rate were identical -reg.

CBIC - Press Release issued on 09/10/2018

 

Examination for Confirmation of Enrollment of GST Practitioners.

CBIC - Notification issued on 09/10/2018

 

Notification amending the CGST Rules, 2017 (Eleventh Amendment Rules, 2018).

CBIC - Central Excise Circular issued on 05/10/2018

 

Online registration and online filing of the claims, by the eligible units for disbursal of budgetary support under Goods and Service Tax Regime, located in States of Jammu & Kashmir, Uttarakhand, Himachal Pradesh and North East including Sikkim. -reg.

CBIC - Circular issued on 05/10/2018

 

Notifications issued under CGST Act, 2017 applicable to Goods and Services Tax (Compensation to States) Act, 2017.

CBIC - Press Release

 

GST Revenue collection for September 2018 crossed Rs 94,000 crore.

CBIC - Circulars issued on 28/09/2018

 

Modification to the Guidelines for Deductions and Deposits of TDS by the DDO under GST as clarified in Circular No. 65/39/2018-DOR dated 14.09.2018 - reg.

GST Council – Meeting on September 28,2018

 

The GST Council had in the meeting through video conferencing on September 28, 2018, deliberated on the revenue position and the proposal for levy of cess for natural calamities.

Enhancements in E-Way Bill Form

 

The following enhancements are effected in the E-Way Bill generation Form with effect from 01-10-2018.

CBIC - circular issued on 26/09/2018

 

Seeks to extend the exemption from Integrated Tax and Compensation Cess upto 31.03.2019 on goods imported by EOU.

CBIC - Customs Notification issued on 24/09/2018

 

Seeks to extend the exemption from Integrated Tax and Compensation Cess upto 31.03.2019 on goods imported by EOU.

CBIC - Notification issued on 20/09/2018

 

Seeks to insert explanation in an entry in notification No. 12/2017 - Central Tax (Rate) by exercising powers conferred under section 11(3) of CGST Act, 2017.

Seeks to notify the rate of tax collection at source (TCS) to be collected by every electronic commerce operator for intra-State taxable supplies.

 

 

 

Recent Advance Ruling

Gujarat AAR - Interest charged by Del Credere agent on loan exempt since charging of interest is not in relation to an underlying supply of goods.

 

Receipt of interest on loan extended by the Del Credere Agent is covered under Serial No. 27 of the Notification No. 12/2017-Central Tax (Rate) dated 28.06.2017 and hence exempt since the applicant does not supply any goods and the interest charged is not for delayed payment of consideration of any underlying supply.

West Bengal AAR - Sika Block Joining Mortar, being a non-refractory surfacing preparations, is classified under tariff item 3214.90.90

 

Sika Block Joining Mortar’, a ready to use grey cement based water resistant mortar for fixing AAC blocks, fly ash bricks etc and is a bonding compound used for joining masonry units like AAC blocks and fly ash bricks. It is a powder made pasty before use by adding water, and it hardens after application, enabling joining of the masonry units. It is applied with a trowel after cleaning the surface. After discussing the relative merits of classification under the rival entries the product Sika Block Joining Mortar, being a non-refractory surfacing preparations, was held to be classified under tariff item 3214.90.90 based on the general characteristics of such products as per the Explanatory Notes of the Tariff entries.

More ....