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...
Category : GST
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...
CBIC issued Instructions for scrutiny of returns for FY 2017-18 and FY 2018-19
Central Board of Indirect Taxes & Customs (CBIC) has issued the Instructions for the scrutiny of returns filed for the FY 2017-18 and FY 2018-19...
Applicability of E-Invoicing for Taxable persons having Turnover of more than Rs. 20 Crores
Central Board of Indirect Taxes and Customs (CBIC) has issued the Notification No. 1/2022 dated 24th February 2022 in which it has been specified that...
CBIC issues GST rate notifications
The Central Board of Indirect Taxes and Customs (CBIC) has issued the various notifications regarding the GST rate changes. Notification No. 14/2021 – Central Tax...
CBIC issues clarification on GST refund related issues
Various representations have been received from taxpayers and other stakeholders seeking clarification in respect of certain issues relating to refund. The issues have been examined....
Circular No. 165/21/2021-GST – No requirement of QR code if the payment is received in convertible foreign currency or in Indian Rupees as permitted by RBI
On 17th November 2021, the CBIC has released the clarification vide Circular No. 165/21/2021 – GST, In the clarification, it has been specifically stated that...
CBIC amends Notification No. 39/2017 – Central tax rate
In exercise of the powers conferred by sub-section (1) of section 9 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the...
CBIC amends Notification No. 4/2017 – Central Tax (Rate)
In exercise of the powers conferred by sub-section (3) of section 9 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the...
CBIC amends Notification No. 2/2017 – Central Tax (Rate)
In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the...
CBIC notifies change in GST rate of goods
In exercise of the powers conferred by sub-section (1) of section 9 and sub- section (5) of section 15 of the Central Goods and Services...
CBIC clarifies non requirement of AADHAR authentication for persons referred in Notification No. 03/2021-Central Tax
The CBIC has notified the amendment in Notification No. 3/2021-Central tax stated that the persons referred in that Notification are excluded from getting the AADHAR...
CBIC notifies AADHAR authentication for various purposes, insertion of Sub Rule (1A) to Rule 89
In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on...
CBIC clarifies export of services for establishment of distinct persons
The Central Board of Indirect Taxes and Customs (CBIC) has notified the Circular No. 161/17/2021 in which the ambiguity regarding the export of services to...