E Invoicing mandatory for Taxable Persons having aggregate turnover exceeding Rs. 10 Crores
E Invoicing means the generation of the Invoices on the GST portal on real time basis along with the generation of E way bill in...
Category : GST
CBIC withdraws Circular No. 106/25/2019-GST related to refund of taxes paid on inward supply of indigenous goods
CBIC vide Circular No. 176/08/2022-GST has withdrawn the circular no. 106/25/2019-GST for for refund of taxes paid on inward supply of indigenous goods by retail...
CBIC prescribes manner of filing refund of unutilized ITC on account of export of electricity
CBIC vide Circular No. 175/07/2022 has issued the clarification related to manner of filing refund of unutilized ITC on account of export of electricity. To...
CBIC prescribes manner of re-credit in electronic credit ledger using FORM GST PMT-03A
CBIC vide circular 174/06/2022 has prescribed the manner of re-credit in electronic credit ledger using FORM GST PMT-03A. To access the circular, click here...
CBIC issues clarification on issue of claiming refund under inverted duty structure where the supplier is supplying goods under some concessional notification
CBIC vide Circular No. 173/05/2022 has issued the clarification on claiming refund under inverted duty structure where the supplier is supplying goods under some concessional...
CBIC issues clarification on various topics
CBIC vide Circular No. 172/04/2022-GST has issued the clarification on various issues which are as follows:- Refund claimed by the recipients of supplies regarded as...
CBIC issues Clarification on various issues relating to applicability of demand and penalty provisions under the Central Goods and Services Tax Act, 2017
CBIC has issued the Circular 171/03/2022-GST in which clarification has been laid down on issues relating to applicability of demand and penalty under the GST...
CBIC issues circular explaining Mandatory furnishing of correct and proper information of inter-State supplies and amount of ineligible/blocked Input Tax Credit and reversal thereof in return in FORM GSTR-3B and statement in FORM GSTR-1
CBIC vide Circular No. 170/02/2022-GST has issued the guidelines regarding Mandatory furnishing of correct and proper information of inter-State supplies and amount of ineligible/blocked Input...
CBIC amends CGST Rules 2017
CBIC vide Notification No. 14/2022-Central Tax dated 5th july 2022 in order to give effect to the recommendations of 47th GST Council Meeting has amended...
CBIC extends time limit for issuance of order under section 73(9) of CGST Act
CBIC vide Notification No. 13/2022-Central Tax dated 5th July 2022 has extended the time limit for issuance of order under Section 73(9) of CGST Act...
CBIC extends the waiver of late fee for delay in filing FORM GSTR-4 for FY 2021-22
CBIC vide Notification No. 12/2022-Central Tax dated 5th July 2022 has waived the late fee for delay in filing Form GSTR 4 for FY 2021-22...
CBIC notifies extension of due date of filing of Form GST CMP 08 for Q1 of FY 2022-23
CBIC vide Notification No. 11/2022-Central Tax dated 5th July 2022 has extended the due date of filing of Form GST CMP 08 for Q1 of...
CBIC exempts Registered persons having Aggregate Turnover upto Rs. 2 Crores
CBIC vide Notification no. 10/2022-Central Tax has notified that those registered persons whose aggregate turnover for the FY 2021-22 is below Rs. 2 Crores, they...
CBIC notifies interest on wrongful availment and utilisation of ITC
On 5th July 2022, the CBIC notifies the implementation of clause (c) of section 110 and section 111 of Finance Act 2022 vide Notification No....
Rate changes recommended by 47th GST Council Meeting
In the 47th GST Council Meeting, various rate rationalizations and rate impositions have been recommended which shall be effective with effect from 18-07-2022 which are...
Recommendations of 47th GST Council Meeting
The 47th GST Council Meeting has been concluded on 28th and 29th June 2022 respectively in which various recommendations and decisions regarding the GST rate...
Waiver of Interest for certain E Commerce operators for specified tax periods
The Central Board of Indirect Taxes and Customs (CBIC) has issued the Notification No. 08/2022-Central Tax dated 07-06-2022 in which waiver of Interest has been...
Waiver of late fee for filing Form GSTR 4 for the FY 2021-22
The CBIC, vide Notification No. 07/2022 – Central Tax, has issued the notification in which it has been notified that the late fee for filing...
Due date for GSTR 3B for April 2022 extended
The Central Board of Indirect Taxes and Customs has extended the due date of filing the GSTR 3B for the month of April 2022 from...
GSTR 2A to be considered for ITC for the month of April 2022
For the month of April 2022, the due date to file the GSTR 3B is 20th May 2022 in the case of monthly return filers....
Enhancements deployed on the GSTR 1 on GST portal
The statement of outward supplies in FORM GSTR-1 is to be furnished by all normal taxpayers on a monthly or quarterly basis, as applicable. Quarterly...
GST rate change on Bricks
The Central Board of Indirect Taxes and Customs (CBIC) has changed the GST rate on Bricks with effect from 01-04-2022 in two slabs vide Notification...
GST record collection in the month of March 2022 breaching earlier record
The gross GST revenue collected in the month of March 2022 is ₹ 1,42,095 crore of which CGST is ₹ 25,830 crore, SGST is ₹ 32,378 crore, IGST is ₹...
Analysis of Standard Operating Procedures for scrutiny of GST returns for FY 2017-18 and FY 2018-19
On 22nd March 2022, Central Board of Indirect Taxes and Customs (CBIC) has issued the Standard Operating Procedures for scrutiny of returns for FY 2017-18...