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

 

Greetings!

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.

Click to view / download Notification

Date : 31/10/2018

 

CBIC - Notification issued on 26/10/2018

S.No.

Notification No.

Date

Subject

1.

58/2018-Central Tax

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.

2.

59/2018-Central Tax

26/10/2018

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.

Click to view / download Notification

CBIC - Circular issued on 26/10/2018

S.No.

Circular No.

Date

Subject

1.

69/43/2018 - GST

26/10/2018

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

2.

70/44/2018 - GST

26/10/2018

Clarification on certain issues related to refund.

3.

71/45/2018 - GST

26/10/2018

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

4.

72/46/2018 - GST

26/10/2018

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

Click to view/download Circular

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.

Click to view / download Customs Circular

Date : 27/10/2018

CBIC - Notification issued on 23/09/2018

S.No.

Notification No.

Date

Subject

1.

57/2018-Central Tax

23/10/2018

Proviso inserted in Notification No.50/2018-Central Tax dated the 13th September 2018 exempting from TDS compliance certain authorities under Ministry of Defence.

2.

56/2018-Central Tax

23/10/2018

GST Registration exemption if handicraft goods are supplied

Click to view / download Notification

CBIC - Notification issued on 22/09/2018

S.No.

Notification No.

Date

Subject

1.

55/2018-Central Tax

22/10/2018

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

2.

03/2018-Integrated Tax

22/10/2018

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

Click to view/download Notification

CBIC - Press Release issued on 21/10/2018

Extension of due date to 25th October, 2018 for furnishing return in the FORM GSTR-3B for the month of September, 2018.

Click to view / download Press Release

Date : 24/10/2018

CBIC - Notification issued on 10/10/2018

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

Click to view / download Notification

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.

Click to view / download Customs Circular

CBIC - Press Release issued on 10/10/2018

Examination for Confirmation of Enrollment of GST Practitioners.

Click to view / download Press Release

Date : 11/10/2018

CBIC - Notification issued on 09/10/2018

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

Click to view / download Notification

Date : 10/10/2018

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.

Click to view / download Circular No. 68/44/2018.

Date : 06/10/2018

CBIC - Press Release

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

CBIC - Circular 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.

Click to view / download Circular No. 67/41/2018.

Date : 02/10/2018

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.

Briefing reporters Finance Minister Arun Jaitley said the GST Council decided to set up a seven-member group of ministers to suggest on cess demand for Kerala flood rehabilitation. Levy of 1% Pan India cess across all commodities was also discussed. The Kerala Finance Minister had requested for levy of 10% cess on SGST to fund flood related rehabilitation.

The GST Council also reviewed a detailed presentation on revenue position and tax collection trend and deficit of states. He said that there is no revenue short fall in North Eastern States and that overall the State deficit has reduced from 16% to 13% this year and may reduce further as consumption picks up.

Date : 29/09/2018

Enhancements in E-Way Bill Form

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

  Display of only relevant document types in “Document Type” drop down list based on the selected Transaction “Supply Type” and “Sub Type” by the tax payers.

  Auto-population of state name based on the pin code entered at consignor and consignee addresses.

  Standard rates for tax are provided in the drop down list for selection based on the type (intra-state/inter-state) transactions.

  Additional fields for “CESS Non Advol Amount” & “Other Value” have been introduced to enter CESS Non Advol amount and any other charges (+/-) written in invoice.

  Alerting the generator of the E-Way Bill through SMS message, in case the total invoice value is more than Rs. 10 Crores.

  Transporter ID is made compulsory for generating Part-A slip.

Detailed note on the enhancement, issued by National Informatics Centre (NIC) is attached.

Click to view / download Enhancements in E-Way Bill Form

 

CBIC - Circular issued on 26/09/2018

S.No.

Circular No.

Date

Subject

1.

66/40/2018 - GST

26/09/2018

GST on Residential programmes or camps meant for advancement of religion, spirituality or yoga by religious and charitable trusts- reg.

 

Click to view / download the Circular

Date : 28/09/2018

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.

Click to view / download the Customs Notification No.65/2018-GST.

Date : 26/09/2018

CBIC - Notification issued on 20/09/2018

S.No.

Notification No.

Date

Subject

1.

23/2018-Central Tax (Rate)

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.

2.

52/2018-Central Tax

20/09/2018

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

3.

24/2018-Integrated Tax (Rate)

20/09/2018

Seeks to insert explanation in an entry in notification No. 9/2017 - Integrated Tax (Rate) by exercising powers conferred under section 6(3) of IGST Act, 2017.

4.

23/2018-Union Territory Tax (Rate)

20/09/2018

Seeks to insert explanation in an entry in notification No. 12/2017 - Union Territory Tax (Rate) by exercising powers conferred under section 8(3) of UTGST Act, 2017.

Click to view/download Notification

Date : 22/09/2018

CBIC - Circular issued on 13/09/2018

S.No.

Circular No.

Date

Subject

1.

63/2018-GST

14/09/2018

Clarification regarding processing of refund claims filed by UIN entitles.

2.

64/2018-GST

14/09/2018

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.

Click to view/download Notification

Date : 15/09/2018

CBIC - Notification issued on 13/09/2018

S.No.

Notification No.

Date

Subject

1.

49/2018-Central Tax

13/09/2018

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

2.

50/2018-Central Tax

13/09/2018

Seeks to bring section 51 of the CGST Act (provisions related to TDS) into force w.e.f 01.10.2018.

3.

51/2018-Central Tax

13/09/2018

Seeks to bring section 52 of the CGST Act (provisions related to TCS) into force w.e.f 01.10.2018.

Click to view/download Notification

CBIC - Circular issued on 12/09/2018

Levy of GST on Priority Sector Lending Certificate-reg.

Click to view / download the Circular No.62/2018-GST.

Date : 14/09/2018

CBIC - Notification issued on 10/09/2018

S.No.

Notification No.

Date

Subject

1.

48/2018-Central Tax

10/09/2018

Seeks to make amendments (Ninth Amendment, 2018) to the CGST Rules, 2017.

2.

47/2018-Central Tax

10/09/2018

Seeks to extend the due date for filing of FORM GSTR - 3B for newly migrated (obtaining GSTIN vide notification No. 31/2018-Central Tax, dated 06.08.2018) taxpayers [Amends notf. No. 34/2018 - CT].

3.

46/2018-Central Tax

10/09/2018

Seeks to extend the due date for filing of FORM GSTR - 3B for newly migrated (obtaining GSTIN vide notification No. 31/2018-Central Tax, dated 06.08.2018) taxpayers [Amends notf. No. 35/2017 and 16/2018 - CT]

4.

45/2018-Central Tax

10/09/2018 

Seeks to extend the due date for filing of FORM GSTR - 3B for newly migrated (obtaining GSTIN vide notification No. 31/2018-Central Tax, dated 06.08.2018) taxpayers [Amends notf. No. 21/2017 and 56/2017 - CT]. 

5.

44/2018-Central Tax

10/09/2018 

Seeks to extend the due date for filing of FORM GSTR - 1 for taxpayers having aggregate turnover above Rs 1.5 crores.

6.

43/2018-Central Tax

10/09/2018 

Seeks to extend the due date for filing of FORM GSTR - 1 for taxpayers having aggregate turnover up to Rs 1.5 crores.

Click to view/download Notification

Date : 10/09/2018

CBIC - Circular issued on 04/09/2018

S.No.

Circular No.

Date

Subject

1.

57/31/2018-GST

04/09/2018

Scope of Principal-agent relationship in the context of Schedule I of the CGST Act.

2.

58/32/2018-GST

04/09/2018

Recovery of arrears of wrongly availed CENVAT credit under the existing law and inadmissible transitional credit.

3.

59/33/2018-GST

04/09/2018

Clarification on refund related issues.

4.

60/34/2018-GST

04/09/2018 

Processing of refund applications filed by Canteen Stores Department (CSD). 

5.

61/35/2018-GST

04/09/2018 

E-way bill in case of storing of goods in godown of transporter.

Click to view/download Circular

Date : 10/09/2018

CBIC - Notifications issued on 04/09/2018

S.No.

Notification No.

Date

Subject

1.

42/2018-Central Tax

04/09/2018

Extend the time limit for making the declaration in FORM GST ITC-01 for specified classes of taxpayers.

2.

41/2018-Central Tax

04/09/2018

To waive the late fee paid for specified classes of taxpayers for FORM GSTR-3B, FORM GSTR-4 and FORM GSTR-6.

3.

40/2018-Central Tax

04/09/2018 

Extend the time limit for making the declaration in FORM GST ITC-04. 

4.

39/2018-Central Tax

04/09/2018 

Seeks to make amendments (Eighth Amendment, 2018) to the CGST Rules, 2017 wherein it has notified Form GSTR-9 of Annual Return and Form GSTR-9A of Annual Return for composition taxpayers. 

Click to view/download Notifications

Date : 04/09/2018

CBIC - Notifications and Circulars issued on 24/08/2018

S.No.

Notification / Circular No.

Date

Subject

1.

38/2018-Central Tax

24/08/2018

Seeks to prescribe the due dates for quarterly furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover of upto Rs.1.5 crores for the quarter July, 2018 to September, 2018

2.

37/2018-Central Tax

24/08/2018

Seeks to prescribe the due dates for furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover of more than Rs. 1.5 crores for the months of July, 2018 and August, 2018.

3.

36/2018-Central Tax

24/08/2018 

Seeks to extend the due dates for filing FORM GSTR-3B for the months of July, 2018 and August, 2018. 

4.

56/30/2018-GST (Circular)

24/08/2018 

Clarification on removal of restriction on refund of accumulated Input Tax Credit on fabrics. 

Click to view/download Notifications / Circular

Date : 25/08/2018

GST Returns – Extension of Due Date

The due date of filing GSTR-3B for the month of July, 2018 is extended to the 24th August, 2018.

Click to view / download the Notification No.35/2018-Central Tax, dated 21/08/2018.

GST Returns – Extension of Due Date for Flood Affected Areas

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 as follows :

S.No.

Return

Class of taxpayers registered in Kerala, Mahe (Puducherry) and Kodagu (Karnataka)

Extended due date

1.

FORM GSTR-3B for the month of July, 2018

All taxpayers

5th October, 2018

2.

FORM GSTR-3B for the month of August, 2018

All taxpayers

10th October, 2018

3.

FORM GSTR-1 for the quarter July to September, 2018

Taxpayers having turnover upto Rs. 1.5 crore 

15th November, 2018

4.

FORM GSTR-1 for the month of July, 2018

Taxpayers having turnover above Rs. 1.5 crores

5th October, 2018

5.

FORM GSTR-1 for the month of August, 2018

Taxpayers having turnover above Rs. 1.5 crores

10th October, 2018

 

Click to download / view the press release on 21/08/2018

Date : 22/08/2018

CBIC - Circular issued on 09/08/2018

S.No.

Circular No.

Date

Subject

1.

52/26/2018-GST

09/08/2018

Clarification regarding applicability of GST rates on various goods and services.

2.

53/27/2018-GST

09/08/2018

Clarification regarding applicability of GST on petroleum gases retained for the manufacture of petrochemical and chemical products.

3.

54/28/2018-GST

09/08/2018 

Classification of fertilizers supplied for use in the manufacture of other fertilizers at 5 % GST rate. 

4. 55/29/2018- GST

10/08/2018 

Taxability of services provided by Industrial Training Institutes (ITI). 

 

Click to view / download the Circular

Date : 11/08/2018

Due Date for Filing of GSTR-1 extended by one day till March 2019

The time limit for furnishing the details of outward supplies in FORM GSTR-1, by such class of registered persons having aggregate turnover of more than 1.5 crore rupees in the preceding financial year or the current financial year, for each of the months from July, 2018 to March, 2019 is extended till the eleventh day of the month succeeding such month.

The time limit for furnishing the details or return, as the case may be, under subsection (2) of section 38 and sub-section (1) of section 39 for the months of July, 2018 to March, 2019 shall be subsequently notified.

Click to view / download the Notification No.32/2018-Central Tax, dated 10/08/2018.

The due dates for  furnishing of quarterly FORM GSTR-1 for those taxpayers with aggregate turnover of up to Rs.1.5 crores is as follows :

S.No.

Quarter for which details in FORM GSTR-1 are furnished

Time period for furnishing details in FORM GSTR-1

1.

July - September, 2018

31st October, 2018

2.

October - December, 2018

31st January, 2019

3.

January - March, 2019 

30th April, 2019

 

Click to view / download the Notification No.33/2018-Central Tax, dated 10/08/2018.

The return in FORM GSTR-3B of the said rules for each of the months from July, 2018 to March, 2019 shall be furnished electronically through the common portal, on or before the twentieth day of the month succeeding such month by all tax payers.

Click to view / download the Notification No.34/2018-Central Tax, dated 10/08/2018.

Date : 10/08/2018

 

GST Amendment Bills, 2018

The Government has introduced in the Lok Sabha the following four bills to simplify filing of returns and compliance.

The Central GST (Amendment) Bill, 2018.

The Integrated GST (Amendment) Bill, 2018.

The GST (Compensation to States) Amendment Bill, 2018.

The Union Territory GST (Amendment) Bill, 2018.

Click to view/download GST Amendment Bills

Date : 09/08/2018

CBIC - Notifications issued on 06/08/2018

S.No.

Notification No.

Date

Subject

1.

31/2018-Central Tax

06/08/2018

Seeks to lay down the special procedure for completing migration of taxpayers who received provisional IDs but could not complete the migration process.

2.

22/2018-Central Tax (Rate)

06/08/2018

Seeks to exempt payment of tax under section 9(4) of the CGST Act, 2017 till 30.09.2019.

3.

23/2018-Integrated Tax (Rate)

06/08/2018 

Seeks to exempt payment of tax under section 5(4) of the IGST Act, 2017 till 30.09.2019. 

4. 22/2018-Union Territory tax (rate)

06/08/2018 

Seeks to exempt payment of tax under section 7(4) of the UTGST Act, 2017 till 30.09.2019. 

Click to view/download Notifications

Date : 07/08/2018

GST Council – Meeting on August 4, 2018

The GST Council had in the meeting held on August 4, 2018, deliberated on hardships and Issues related to small businessmen and retailers.

Briefing the press Finance Minister Piyush Goyal stated that a group of ministers (GoM), headed by Minister of State for Finance Shiv Pratap Shukla, has been formed to look into GST-related issues of the MSME sector. The GoM includes Delhi Deputy Chief Minister Manish Sisodia, Punjab Finance Minister Manpreet Singh Badal, Kerala Finance Minister T M Thomas Issac, Bihar Deputy Chief Minister Sushil Modi and Assam Finance Minister Himanta Biswa Sarma.

The Council has also discussed on promoting digital transactions.

Date : 04/08/2018

CBIC - Circular issued on 01/08/2018

S.No.

Circular No.

Date

Subject

1.

51/25/2018-GST

31/07/2018

Applicability of GST on ambulance services provided to Government by private service providers under the National Health Mission (NHM).

2.

50/24/2018-GST

31/07/2018

Withdrawal of Circular No. 28/02/2018-GST dated 08/01/2018 as amended vide Corrigendum dated 18/01/2018 and Order No 02/2018–Central Tax dated 31/03/2018.

Click to view/download Circular

Date : 01/08/2018  

ISD – GSTR-6 due date for July, 2017 to August, 2018 extended

The time limit for furnishing the return by an Input Service Distributor in FORM GSTR-6, for the months of July, 2017 to August, 2018 is extended till the 30th day of September, 2018.

Click to view/download Notification

Date : 31/07/2018  

GST - Simplified Return Formats with notes

CBIC has made available the format of the proposed GST Return formats approved by the GST Council in its 28th meeting held on 21st July, 2018 together with brief note on the salient features of the new return format and business process for the information of trade and industry and other stakeholders.

The contents are

S.NO.

NAME

DESCRIPTION

1.

Features

Key Features of Monthly Returns.

2.

Features

Key Features of Quarterly Returns.

3.

Questionnaire

Questionnaire for filing up Annexure of supplies to Main return.

4.

Annexure of Supplies to main return

Details of outward supplies, imports and inward supplies attracting reverse charge with instructions.

5.

GSTR

Main return with instructions.

6.

Annexure of Inward Supplies

Annexure of inward supplies auto-populated from Annexure of supplies with instructions.

7.

Questionnaire

Questionnaire for filing amendment to Annexure of supplies to Main return.

8.

Amendment to Annexure of Supplies

Amendment to the Annexure of supplies reported earlier along with instructions.

9.

GSTR –A

Amendment to main return with instructions.

10.

Option

Option for choosing type of quarterly return.

11.

GST PMT

Payment of self-assessed tax before filing return with instructions.

12.

GSTR - Sahaj

Return format for taxpayers making B2C supplies only with instructions.

13.

Annexure to Sugam

Annexure to Sugam for reporting B2B supplies with instructions.

14.

GSTR - Sugam

Return format for taxpayers making B2C and B2B supplies only with instructions.

15.

GSTR-Quarterly

Return format for taxpayers filing quarterly return.

Click to view/download GST - Simplified Return Formats with notes

Date : 30/07/2018

 

CGST Rate Notification Issued on 26/07/2018

S.No

Notification

Date

Subject

1.

13/2018-Central Tax (Rate)

26-07-2018

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 in its 28th meeting held on 21.07.2018.

2.

14/2018-Central Tax (Rate)

26-07-2018

Seeks to amend notification No. 12/2017- Central Tax (Rate) so as to exempt certain services as recommended by Goods and Services Tax Council in its 28th meeting held on 21.07.2018.

3.

15/2018-Central Tax (Rate)

26-07-2018

Seeks to amend notification No. 13/2017- Central Tax (Rate) so as to specify services supplied by individual Direct Selling Agents (DSAs) to banks/ non-banking financial company (NBFCs) to be taxed under Reverse Charge Mechanism (RCM).

4.

16/2018-Central Tax (Rate)

26-07-2018

Seeks to amend notification No. 14/2017- Central Tax (Rate) to notify that services by way of any activity in relation to a function entrusted to a municipality under Article 243W shall be treated neither as a supply of good nor a service.

5.

17/2018-Central Tax (Rate)

26-07-2018

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

6.

18/2018-Central Tax (Rate)

26-07-2018

Seeks to amend Notification No. 01/2017-Central Tax (Rate), dt. 28-06-2017 to give effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018.

7.

19/2018-Central Tax (Rate)

26-07-2018

Seeks to amend Notification No. 02/2017-Central Tax (Rate), dt. 28-06-2017 to give effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018.

8.

20/2018-Central Tax (Rate)

26-07-2018

Seeks to amend Notification No 05/2017-Central Tax (Rate), dt. 28-06-2017 to give effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018.

9.

21/2018-Central Tax (Rate)

26-07-2018

Seeks to prescribe concessional CGST rate on specified handicraft items, to give effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018.

Click to view / download CGST Notification.

 

IGST Rate Notification Issued on 26/07/2018

S.No

Notification

Date

Subject

1.

14/2018-Integrated Tax (Rate)

26-07-2018

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 in its 28th meeting held on 21.07.2018.

2.

15/2018-Integrated Tax (Rate)

26-07-2018

Seeks to amend notification No. 9/2017- Integrated Tax (Rate) so as to exempt certain services as recommended by Goods and Services Tax Council in its 28th meeting held on 21.07.2018.

3.

16/2018-Integrated Tax (Rate)

26-07-2018

Seeks to amend notification No. 10/2017- Integrated Tax (Rate) so as to specify services supplied by individual Direct Selling Agents (DSAs) to banks/ non-banking financial company (NBFCs) to be taxed under Reverse Charge Mechanism (RCM).

4.

17/2018-Integrated Tax (Rate)

26-07-2018

Seeks to amend notification No. 11/2017- Integrated Tax (Rate) to notify that services by way of any activity in relation to a function entrusted to a municipality under Article 243W shall be treated neither as a supply of good nor a service.

5.

18/2018-Integrated Tax (Rate)

26-07-2018

Seeks to insert explanation in an item in notification No. 8/2017 – Integrated Tax (Rate) by exercising powers conferred under section 6(3) of IGST Act, 2017.

6.

19/2018-Integrated Tax (Rate)

26-07-2018

Seeks to amend Notification 01/2017-Integrated Tax (Rate),dt. 28-06-2017 to give effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018.

7.

20/2018-Integrated Tax (Rate)

26-07-2018

Seeks to amend Notification 02/2017-Integrated Tax (Rate),dt. 28-06-2017 to give effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018.

8.

21/2018-Integrated Tax (Rate)

26-07-2018

Seeks to amend Notification 05/2017-Integrated Tax (Rate),dt. 28-06-2017 to give effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018.

9.

22/2018-Integrated Tax (Rate)

26-07-2018

Seeks to prescribe concessional IGST rate on specified handicraft items, to give effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018.

Click to view / download IGST Notification.

UTGST Rate Notification Issued on 26/07/2018

S.No

Notification

Date

Subject

1.

13/2018-Union Territory tax (Rate)

26-07-2018

Seeks to amend notification No. 11/2017- Union Territory Tax (Rate) so as to notify UTGST rates of various services as recommended by Goods and Services Tax Council in its 28th meeting held on 21.07.2018.

2.

14/2018-Union Territory tax (Rate)

26-07-2018

Seeks to amend notification No. 12/2017- Union Territory Tax (Rate) so as to exempt certain services as recommended by Goods and Services Tax Council in its 28th meeting held on 21.07.2018.

3.

15/2018-Union Territory tax (Rate)

26-07-2018

Seeks to amend notification No. 13/2017- Union Territory Tax (Rate) so as to specify services supplied by individual Direct Selling Agents (DSAs) to banks/ non-banking financial company (NBFCs) to be taxed under Reverse Charge Mechanism (RCM).

4.

16/2018-Union Territory tax (Rate)

26-07-2018

Seeks to amend notification No. 14/2017- Union Territory Tax (Rate) to notify that services by way of any activity in relation to a function entrusted to a municipality under Article 243W shall be treated neither as a supply of good nor a service.

5.

17/2018-Union Territory tax (Rate)

26-07-2018

Seeks to insert explanation in an item in notification No. 11/2017 – Union Territory Tax (Rate) by exercising powers conferred under section 8(3) of UTGST Act, 2017.

6.

18/2018-Union Territory tax (Rate)

26-07-2018

Seeks to amend Notification 01/2017-Union Territory Tax (Rate), dt. 28-06-2017 to give effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018.

7.

19/2018-Union Territory tax (Rate)

26-07-2018

Seeks to amend Notification 02/2017-Union Territory Tax (Rate), dt. 28-06-2017 to give effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018.

8.

20/2018-Union Territory tax (Rate)

26-07-2018

Seeks to amend Notification 05/2017-Union Territory Tax (Rate), dt. 28-06-2017 to give effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018.

9.

21/2018-Union Territory tax (Rate)

26-07-2018

Seeks to prescribe concessional UTGST rate on specified handicraft items, to give effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018.

Click to view / download UTGST Notification.

 

Compensation Cess Rate Notification Issued on 26/07/2018

S.No

Notification

Date

Subject

1.

02/2018-Compensation Cess (Rate)

26-07-2018

Seeks to amend Notification No. 1/2017 -Compensation Cess (Rate) dated 28.06.2017 to give effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018.

Click to view / download Compensation Cess GST Notification.

Date : 27/07/2018

 

GST Council Meeting on MSME Sector

The GST Council had in the meeting held on 22nd July, 2018, decided to have a Meeting exclusively to focus upon the issues / hardships faced by Micro, Small & Medium Enterprises (MSME) related to GST on 4th August, 2018. The session would consider on all aspects of GST with specific focus upon law, policy, procedure, notifications, rates, GSTN related issues etc. effecting the MSME taxpayers / sector.

The CBIC has requested the tax authorities to contact the MSME taxpayers and their trade & Industry Associations to collect their grievances / issues related to GST along with suggestions thereof for mitigating the issues.

Click to view / download CBIC Communication on MSME GST Issues.

Date : 26/07/2018

GST Council – Meeting on July 21, 2018

The GST Council has in the meeting on July 21, 2018 reduced / rationalized the rate of tax on certain goods and services.

Here are the highlights of the rationalization of rate of tax.

GST - Rate of Tax on Goods

The GST Council approved revision of rates on several commodities.

Here are the highlights of the Rate of Tax Reduced.

Exempt from GST:

  Commemorative coins circulated by the RBI or government.

  Deities made of stone, marble or wood.

  Fortified milk.

  Raakhis, without any precious metals.

  Raw material used in brooms.

  Saal leaves.

  Sanitary pads.  

Reduced to 5% from 12% :

  Handloom dari.

  Fertiliser grade phosphoric acid.

Reduced to 5% from 18% :

  Ethanol for purchase by OMCs

Reduced to 18% from 28% :

  Cosmetics.

  Electric smoothing irons

  Food grinders, mixers.

  Hand dryes.

  Ice cream freezer.

  Lithium-ion batteries reduced.

  Paint and Varnishes.  

  Perfumes.

  Refrigerators.

  Scents.

  Shavers, hair clippers.

  Storage water heaters.  

  Vaccum cleaners.

  Water cooler.  

Other Decisions:

  Periodicity of filing of returns as quarterly for taxable person with annual turnover of upto Rs. 5 crores made quarterly. Tax would continued to be paid monthly.

  No decision was taken on Sugar cess.

The GST Council has recommended certain Amendments to the CGST Act, IGST Act, UTGST Act and GST (Compensation to States) Act, 2017.

Click to download / view the following press release

GST Council - Recommendations - meeting on 21-07-2018

GST Council - Simplified GST Return approved - meeting on 21-07-2018

GST Council - GST rate on Services Recommendations - meeting on 21-07-2018

GST Council -GST rate on Goods Recommendations - meeting on 21-07-2018

Recommendations on opening of migration window for tax payers till 31st August, 2018

Date : 21/07/2018

 

CBIC help desks - Refund of IGST on export of Goods on payment of duty

CBIC has set up Help Desks at the offices of FIEO and AEPC for expeditious resolution of IGST refund related issues.

The Help Desks would be located at the locations mentioned in Annexure A to the circular and would function for a period of 2 weeks till 1st August, 2018. They will be manned by officers of Customs, who shall be nominated by the jurisdictional Customs zone.

Click to view CBIC Circular on help desk for IGST refund on export of goods.

E Way Bill - Nodal officers nominated for implementation of e-way bill system

Grievance Redressal Officers have been appointed by both Central and State Governments under the provisions of e-way bill rules for processing the complaints/information uploaded by taxpayers/transporters regarding detention of their vehicle.

Click to view press release.

Click to view details of Grievance Redressal Officers.

Date : 19/07/2018

CBIC to observe Third Refund Fortnight to clear pending refunds

In continuation of the two special drives cum refund in March 2018 and June 2018, CBIC has decided to observe another refund fortnight from 16th July, 2018 to 30th July, 2018.

It is stated in the Press Release that dedicated refund cells and helpdesks would be provided for exporters to get their refund claims processed, in each Commisssionerates and that the facility to view reasons for pending IGST refunds have been provided on ICEGATE.

Click to view CBIC Press Release on third refund fortnight.

Date : 17/07/2018

 

CBIC launches web help service

CBIC has made available web help service for faster resolution of queries. The link to access the web help service is https://cbec-gst.gov.in/cbec-portal-ui/?webticketing

Quick Guidelines, as in the web link, on using the service is

i. Please select the relevant option/drop down related to your query.

ii. Click on the relevant FAQs in the pop-up window to get your answer.

iii. If relevant answer or FAQ is not available with respect to your query, please proceed with ticket logging.

Date : 13/07/2018

 

Amendments to GST Act proposed

GST Council has made available the draft of changes proposed in the GST Act. The amendments would be taken up in the monsoon session of the Parliament.

Amendment is proposed in the CGST Act, 2017, IGST Act, 2017 and the GST (Compensation to States) Act, 2017 with a view to streamlining the GST Acts and ironing out inconsistency and facilitate easier compliance.

Click to download proposed amendment to GST Law

Date : 12/07/2018

CBIC Circular on issues related to SEZ and refund of unutilized ITC for job workers

CBIC has vide Circular No.48/22/2018-GST, Dated 14th June, 2018 issued the following clarifications.

Accommodation service provided to SEZ unit/Developer is Inter-State supply

  Services of short term accommodation, conferencing, banqueting etc., provided to a SEZ developer or a SEZ unit shall be treated as an inter-State supply.

  Service providers who have executed LUT/Bond, they may supply without charging GST. If the service provider has not executed LUT/Bond, they may claim refund of GST charged.

  The SEZ unit is required to get the endorsement on the invoice of the Specified officer that such supplies have been received by the SEZ developer or SEZ unit for authorized operations.

Fabric Processors - eligibility for refund of unutilized ITC on account of inverted duty structure.

  The CBIC noting that in case of fabric processors, the output supply is the supply of job work services and not of goods (fabrics), clarified that the fabric processors shall be eligible for refund of unutilized ITC on account of inverted duty structure under section 54(3) of the CGST Act even if the goods (fabrics) supplied to them are covered under notification No. 5/2017-Central Tax (Rate) dated 28.06.2017.

Click to view / download Circular No. 48/22/2018-GST, Dated 14th June, 2018.

CBIC - Procedure for change of e-mail ID and Mobile Number. of authorized signatory

The Ministry of Finance has by the press release prescribed the following procedure for change of of e-mail ID and Mobile Number of authorized signatory with the assistance from the jurisdictional tax officer of the taxpayer.

Steps to be followed:-

  Taxpayer is required to approach the concerned jurisdictional Tax Officer to get the password for the GSTIN allotted to the business.

< Jurisdiction can be checked through Search Taxpayer option available on https://www.gst.gov.in , > Allotted jurisdiction is displayed in red text

  Taxpayer would be required to provide valid documents to the tax officer as proof of his/her identity and to validate the business details related to his GSTIN.

  Tax officer will check if the said person is added as a Stakeholder or Authorized Signatory for that GSTIN in the system.

  Tax officer will upload necessary proof on the GST Portal in support to authenticate the activity.

  Tax officer will enter the new email address and mobile phone number provided by the Taxpayer.

  After upload of document, Tax officer will reset the password for the GSTIN in the system..

  Username and Temporary password reset will be communicated to the email address as entered by the Tax Officer.

  Taxpayer need to login on GST Portal https://www.gst.gov.in/  using the First time login link.

  After first time login with the Username and Temporary password that was emailed to him, system would prompt the taxpayer to change username and password. The said username and password can now be used by the taxpayer.

Click to view / download Press Release on Procedure to change details of Authorised Signatory.

Date : 15/06/2018