The due date of filing GSTR-3B for the month of July, 2018 is extended to the 24th August, 2018.         The due dates for filing of GST returns by taxpayers registered in the State of Kerala, Mahe (town in Union Territory Puducherry) and Kodagu (district of Karnataka) is extended    
Ofcourse, registration is Free! 
 

 

 

Recent Updates

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.

CBIC - Circular issued on 14/09/2018

 

Clarification regarding processing of refund claims filed by UIN entitles.

Modification of the procedure for interception of conveyances for inspection of goods in movement, and detention, release and confiscation of such goods and conveyances, as clarified in Circular Nos. 41/15/2018-GST dated 13.04.2018 and 49/23/2018-GST dated 21.06.2018 - regarding.

CBIC - Notification issued on 13/09/2018

 

The Central GST (Tenth Amendment) Rules, 2018 - Form GSTR-9C Inserted.

TDS & TCS Provisions (Sec 51 & 52) under GST Notified from 01.10.2018

CBIC - Circular issued on 12/09/2018

 

Levy of GST on Priority Sector Lending Certificate-reg.

CBIC - Notification issued on 10/09/2018

 

Due Date for GSTR-1 and GSTR 3B Extended in Certain Cases.

Date of filing TRAN-1 extended to March 31, 2019 for taxpayers who couldn’t file it due to technical glitches.

 

 

 

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.

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