|
Greetings!
Assam –Mobile Squads established to monitor E Way Bill compliance
Assam Government has notified the establishment of “Mobile Squads” to ensure proper compliance of E Way Bill Compliance. Guidelines for functioning of the “Mobile Squads” is also specified in the Notification.
Click to view / download Assam Circular ORDER No. CT/GST-12/2017/51 – dated 12/06/2018.
Delhi - Exemption from Intra State E Way Bill compliance
Delhi Government has vide Notification No. 3/2018, F. No. 3(163)/Policy-GST/2018/298-307, Dated: 15th June, 2018 specified that Intra State E-Way Bill compliance is exempted with effect from 16/06/2018 for
 Consignment with value not exceeding Rs. 1 Lakh in respect of movement of goods originating and terminating within the State of Delhi (intra-State movement but without passing through any other State)
Movement of goods from the registered business place of a taxable person to an unregistered end consumer subject to carrying or invoice.
Click to view / download Delhi Notification No. 3/2018, F. No. 3(163)/Policy-GST/2018/298-307 dated 15/06/2018.
Date : 16/06/2018
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
CBIC
Notification issued on 13-06-2018
|
S.No |
Notification |
Date |
Subject |
|
1. |
27/2018-Central
Tax |
13-06-2018 |
Goods which may be disposed off by the proper officer after its seizure specified. |
|
2. |
26/2018-Central
Tax |
13-06-2018 |
Amendments (Fifth Amendment, 2018) to the CGST Rules, 2017 - Rule 37, Rule 83, Rule 89, Rule 95, Rule 97, Rule 133, Rule 138, Form GSTR-4, Form GST PCT-01, Form GST RFD-01 and Form GST RFD-01A amended |
Click to
view / download Notification
Date : 13/06/2018
CBIC - Extension of Special Refund Fortnight till 16.6.2018
The Government has launched the second “Special Drive Refund Fortnight” from May 31, 2018 to June 14, 2018. Now, it has extended the period of special GST refund fortnight by 2 days till June 16, 2018.
Click to view / download Press Release on Extension of Special Refund Fortnight till 16.6.2018.
CBIC - Explanatory Notes to the Scheme of Classification of Services
CBIC has issued the explanatory notes to the scheme of classification of services under GST. The Scheme of Classification of Services adopted for the purposes of GST is a modified version of the United Nations Central Product Classification. The explanatory notes has indicated the scope and coverage of the heading, groups and service codes of the Scheme of Classification of Services. These may be used by the assessee and the tax administration as a guiding tool for classification of services.
Click to view / download CBIC – Explanatory Notes to the Scheme of Classification of Services.
Date : 12/06/2018
CBIC
Circular issued on 08-06-2018
|
S.No |
Circular |
Date |
Subject |
|
1. |
47/2018-Central Tax |
08-06-2018 |
Clarifications of certain issues under GST. |
Click to view / download Circular No. 47/2018 - GST, Dated 08th June, 2018.
Date : 09/06/2018
CBIC Circular issued on 06-06-2018
Applicable GST rate on Priority Sector Lending Certificates (PSLCs), Renewable Energy Certificates (RECs) and other similar scrips -regarding.
Click to view / download Circular No. 46/2018 - GST, Dated 06th June, 2018.
Date : 07/06/2018
CBIC FAQs – Banking Sector, Insurance Sector and Stock Broking Services
The Central Board of Indirect Taxes and Customs (CBIC) has released a frequently asked questions covering the issues of the banking, insurance and stock broking sector
Click to view / download FAQs on Banking, Insurance and Stock Brokers Sector.
Date : 05/06/2018
Seva Bhoj Yojna Scheme to refund Centre’s Share of CGST and IGST on Food offered by Religious Institutions
The Ministry of Culture, Government of India has introduced a new scheme namely ‘Seva Bhoj Yojna’ to reimburse Central Share of CGST and IGST on Food/Prasad/Langar/Bhandara offered by Religious Institutions.
The Charitable Religious Institutions such as Temples, Gurudwara, Mosque, Church, Dharmik Ashram, Dargah, Matth, Monasteries etc. which have been in existence for at least five years before applying for financial assistance/grant and who serve free food to at least 5000 people in a month and such institutions covered under Section 10( 23BBA) of the Income Tax Act or Institutions registered as Society under Societies Registration Act ( XXI of 1860) or as a Public Trust under any law for the time being in force of statuary religious bodies constituted under any Act or institutions registered under Section 12AA of Income Tax Act shall be eligible for grant under the scheme.
Click to view / download Press Release on Seva Bhoj Yojna.
Date : 02/06/2018
GST E-Way Bill Implementation in Tamil Nadu, West Bengal and 6 other States
Intra State E-way Bill is to be implemented in the following States.
|
S. No. |
State |
Date of Implementation |
|
1. |
Chattisgarh, Goa, Jammu &
Kashmir, Mizoram, Odisha & Punjab |
01/06/2018 |
|
2. |
Tamil Nadu |
02/06/2018 |
|
3. |
West Bengal |
03/06/2018 |
Click to view / download - Press Release dated 31/05/2018
Tamil Nadu Notifies Goods Exempt from Intra State E-Way Bill Compliance
Tamil Nadu Government has vide Notification No.09/2018 dated 31/05/2018 specified that Intra State E-Way Bill compliance is exempted with effect from 02/06/2018 for
Consignment with value not exceeding Rs. 1 Lakh
Goods listed in Annexure to the Notification – irrespective of value
Click to view / download TN E Way Bill Notification dated 31/05/2018.
Press Release - Support Services to agriculture, forestry, fishing or animal husbandry are exempt from GST
Allaying reports in the press on change in GST law and taxation relating to farmers, the Ministry of Finance has in press release clarified that
There has been No Change in the GST law and taxation relating to farmers since July, 2017, when GST was implemented.
Support services to agriculture, forestry, fishing or animal husbandry are exempt from GST. Such exempted support services include renting or leasing of vacant land with or without a structure incidental to its use. Thus, renting or leasing of land by farmers for agriculture, forestry, fishing or animal husbandry on batai (share cropping) or otherwise is also exempt from GST.
Agriculturists, as defined, are also exempted from taking GST registration.
Click to download / view press release on GST law and taxation relating to farmers.
GSTN Maintenance Shut Down -June 02, 2018
GSTN has communicated that Disaster Recovery Drill of GST System is tentatively planned on Saturday, June
2, 2018 between 09:00 to 15:00 Hrs.
GST system services will NOT be available during this time. GSTN while regretting inconvenience, if any, has requested taxpayers to plan GST related activities on GST portal accordingly.
Date :
31-05-2018
CBIC
Notification issued on 28-05-2018
|
S.No |
Notification |
Date |
Subject |
|
1. |
24/2018-Central Tax |
28-05-2018 |
seeks to notify NACIN as the authority for conducting the examination for GST Practitioners under rule 83 (3) of the CGST Rules, 2017. |
|
2. |
11/2018-Central Tax (Rate) |
28-05-2018 |
Seeks to amend notification No. 04/2017- Central Tax (Rate) dated 28.06.2017 so as to notify levy of Priority Sector Lending Certificate (PSLC) under Reverse Charge Mechanism (RCM).
|
|
3. |
12/2018-Integrated Tax (Rate) |
28-05-2018 |
Seeks to amend notification No. 04/2017- Integrated Tax (Rate) dated 28.06.2017 so as to notify levy of Priority Sector Lending Certificate (PSLC) under Reverse Charge Mechanism (RCM). |
|
4. |
11/2018-Union Territory Tax (Rate) |
28-05-2018 |
Seeks to amend notification No. 04/2017- Union Territory Tax (Rate) dated 28.06.2017 so as to notify levy of Priority Sector Lending Certificate (PSLC) under Reverse Charge Mechanism (RCM). |
Date :
29-05-2018
IGST on Goods Supplied while being Deposited in a Customs Bonded Warehouse
It is clarified that integrated tax shall be levied and collected at the time of final clearance of the warehoused goods for home consumption i.e., at the time of filing the ex-bond bill of entry and the value addition accruing at each stage of supply shall form part of the value on which the integrated tax would be payable at the time of clearance of the warehoused goods for home consumption. In other words, the supply of goods before their clearance from the warehouse would not be subject to the levy of integrated tax and the same would be levied and collected only when the warehoused goods are cleared for home consumption from the customs bonded warehouse.
This Circular would be applicable for supply of warehoused goods, while being deposited in a customs bonded warehouse, on or after the 1st of April, 2018.
Click to view Circular No.3/1/2018-IGST dated 25/05/2018
Date :
26-05-2018
Intra State E-Way Bill - status of implementation
Twenty seven States / Union Territories have implemented the e-Way Bill system for intra-State movement of goods. Maharashtra, Manipur and Union Territories (Andaman & Nicobar Islands, Chandigarh, Dadra & Nagar Haveli, Daman & Diu and Lakshadweep rolled out Intra State E-Way Bill with effect from 25th May,2018.
The system is working smoothly and without any glitches. On an average twelve lakh e-way bills are being generated every day. Trade and industry may approach their respective tax authority for any guidance in this matter.
Click to view press release on intra-state E-way Bill status- 25th May, 2018
Date :
25-05-2018
E-Way Bill Implementation in Union Territories
E-Way Bill system is implemented in Lakshadweep, Andaman and Nicobar Islands with effect from 25th May, 2018 where the movement of goods commences and terminates within the Union Territory.
Click to view GST -E-Way Bill Notification - Andaman and Nicobar Islands
Click to view GST -E-Way Bill Notification - Lakshadweep
Date :
23-05-2018
E-Way Bill Implementation in Goa
E-Way Bill system is implemented in Goa with effect from 1st June, 2018 in respect of intra-State movement of goods specified in the Notification.
Click to view GST -E-Way Bill Notification - Goa
Date :
22-05-2018
E-Way Bill Implementation in Union Territories
E-Way Bill system is implemented in Chandigarh, Dadra and Nagar Haveli and Daman and Diu with effect from 25th May, 2018 where the movement of goods commences and terminates within the Union Territory.
Click to view GST -E-Way Bill
Notification - Chandigarh
Click to view GST -E-Way Bill Notification - Dadra and Nagar Haveli
Click to view GST -E-Way Bill Notification - Daman and Diu
Date :
21-05-2018
GSTR 3B – April 2018 due date extended to 22nd May 2018
The due date for filing of Form GSTR 3B for April 2018 is extended to 22nd May 2018 vide . Notification 23/2018 – Central Tax dated 18/05/2018.
Click to view / download
Notification extending due date for filing of Form GSTR 3B for April 2018
Click to view / download - Press Release - Extension of date for filing return in FORM GSTR-3B for the month of April, 2018.
Date :
19-05-2018
Kerala – E-Way Bill Exemption
The Kerala State Government has vide Notification No.3/2018 exempted E-Way Bill compliance for the following movement of goods
Van Sales of any goods irrespective of value subject to carrying documents specified in Rule 56(18)
Movement of Rubber Latex, Rubber Sheets, Rubber Scrap and spices from the premises of agriculturist to business premises of taxable person subject to carrying delivery
Movement of any goods within 25KM to an unregistered customer subject to carrying or invoice.
The documents / records specified in Rule 56(18) of Kerala Goods and Service Tax Rules in respect of traveling salesman or representatives are
a) copy of the registration certificate, maintain true and correct account of such transactions with him at such place or vessel,
b) a stock book showing the quantities of goods held by him, quantities disposed of from day-to-day by sale or otherwise and the balance on hand at end of each day.
Click to view / download
GST - Kerala E Way Bill Notification dated
14/05/2018
Date : 16-05-2018
Intra State E-Way Bill Rolled out in Assam and Rajasthan
E-Way Bill system for intra-State movement of
goods is implemented in Assam from May 16, 2018
and Rajasthan from May 20, 2018.
Click to view / download
GST - E Way Bill roll out for intra State movement of goods in Assam & Rajasthan - Press Release
Waiver of Late Fee for GSTR-3B Not Filed in Time Due to Non Filing of GSTR TRAN-1 by 27/12/2017
Late fee for failure to file Form GSTR-3B for October 2017 to April 2018 waived for delay in filing of GST TRAN-1 which had been submitted before 27/12/2017 due to technical issues subject to filing of GST TRAN-1 by 10/05/2018 and GSTR-3B by 31/05/2018.
Click to view / download
Notification No.22/2018-CT dated 14/05/2018
Date : 15-05-2018
Intra State E-Way Bill in Maharashtra from May
25,2018
Maharashtra had earlier notified implementation
of e-Way Bill system for intra-State movement of
goods from May 31, 2018.
Maharashtra has vide Notification No. 15D/2018-State Tax
dated 07/05/2018 notified that exemption for intra-State
movement of goods would apply till 24th May 2018.
Click to view / download
Notification on Intra State E Way Bill in Maharashtra
from 25th May 2018
Date : 09-05-2018
Intra State E-Way Bill in Assam from May 16,2018
Assam has vide Notification No. 07/2018–GST
dated 07/05/2018 notified that E Way Bill for
intra-State movement of goods would apply from
May 16,2018.
Click to view / download
Notification on Intra State E Way Bill in Assam from May
16-2018
Date : 08-05-2018
|
GST Council Meeting – 04-05-2018
Here is the gist of the decisions / recommendations of the 27th Meeting of the GST Council held on 04/05/2018.
(1) Government ownership of GSTN Network
Finance Minister Arun Jaitley said at the end of the 27th meeting of the council that the council has agreed to a proposal of buying out the stake of private entities to make GSTN a government-owned entity and after the buy out the central government will own 50 per cent and the remaining would be collectively held by state governments. |
|
 |
(2) Simplified Form of Return
Finance Secretary Hasmukh Adhia said a single monthly return filing system would come into force in six months and Current system of Filing Form 3B & Form GSTR1 will continue for next six months.
Under the new framework:
There will be one return per month for taxpayers and Composition dealer and NIL transaction dealers will continue to file on a quarterly basis.
The new return format the tax payer has to report as follows:
a) In the case of B2C, the details of total turnover and
b) In case of B2B, the taxpayer would have to put invoice-wise details of the seller along with HSN code
In the initial stages of first six months of the new return filing, there will be a separate column for the dealer to claim provisional credit based on his own calculation irrespective of whether the seller from who he has bought the goods has uploaded the invoice.
During this six months the GSTN will continuously feed the taxpayer with information about the gap between what he is claiming as credit and what he is supposed to get basis the invoice uploaded by the seller, for the taxpayer to bring down the gap.
(3)
Cess on Sugar
GST Council deferred the decision regarding levy of cess on sugar
A committee will be announced in next two days and a decision is likely to be taken soon
The cess will be imposed through an ordinance once the Council approves it
Sugar cess could be up to Rs 3 per kg
(4) Incentive for digital payments
GST Council formed a committee of five members to consider incentives for digital payments.
Click to view / download the following Press Release
GST Council Meeting - 04-05-2018 - Press release on Simplified Return
GST Council Meeting - 04-05-2018 - Press release on Sugar Cess and Digital Payment
GST Council Meeting - 04-05-2018 - Press release on GSTN Ownership Change
Date : 04-05-2018
Image Courtesy :
Business today.in
CBEC
Circular issued on 02-05-2018
|
S.No |
Circular |
Date |
Subject |
|
1. |
44/18/2018-GST |
02-05-2018 |
Issue related to taxability of ‘tenancy rights’ under GST- Regarding. |
Click to view / download the
Circular.
Date : 03-05-2018
Intra State E-Way Bill in Maharashtra postponed to 31st May 2018
Maharashtra had earlier notified implementation of e-Way Bill system for intra-State movement of goods from May 1, 2018.
Maharashtra has vide Notification No. 15C/2018–State Tax dated 28/04/2018 notified that intra-State exemption for intra-State movement of goods would apply till 30th May 2018.
Click to view / download
GST - Maharashtra E Way Bill intra state exempt till 30th May 2018
Date : 28-04-2018
Intra State E-Way Bill Rolled out in Puducherry and four more States
e-Way Bill system for intra-State movement of goods is implemented from April 25, 2018 in Madhya Pradesh, Arunachal Pradesh, Sikkim and Meghalaya -- and union territory of Puducherry
In Madhya Pradesh E-Way Bill for Intra State movement is mandatory for only 11 goods.
Click to view / download
GST - E Way Bill intra state rollout from 25-04-2018 - Press Release
GST - Madhya Pradesh - Notn - list of goods requiring intra state E way bill
Date : 26-04-2018
E-Way Bill Applies to Within the State Movement of Goods in
Six more States
Generation of e-way bill for intra-state movement of
goods is implemented with effect from April 20, 2018 in Bihar,
Jharkhand, Haryana, Himachal Pradesh, Tripura and Uttarakhand.
E-way Bill system for Intra-State is already operational in the State of Karnataka, Andhra Pradesh, Gujarat, Kerala, Telangana and Uttar Pradesh.
Click to view press release on intra-state E-way Bill
from 20th April, 2018.
Date : 18-04-2018
CBEC
Circular issued on 13-04-2018
|
S.No |
Circular |
Date |
Subject |
|
1. |
41/15/2018-GST |
13-04-2018 |
Clarifying the procedure for interception of conveyances for inspection of goods in movement, and detention, release and confiscation of such goods and conveyances. |
|
2. |
42/16/2018-GST |
13-04-2018 |
Clarifying the procedure for recovery of arrears under the existing law and reversal of inadmissible input tax credit.
|
|
3. |
43/17/2018-GST |
13-04-2018 |
clarifying the issues arising in refund to UIN. |
Click to view / download the Circular.
Date : 14-04-2018
E-Way Bill Applies to Within the State Movement of Goods in Five States
Generation of e-way bill for intra-state movement of goods is implemented with effect from April 15, 2018 in Andhra Pradesh, Gujarat, Kerala, Telangana and Uttar Pradesh.
E-way Bill system for Intra-State is already operational in the State of Karnataka with effect from April 1, 2018.
Click to view press release on intra-state E-way Bill.
Date : 10-04-2018
| | |
