Last month, the government amended Rules 89 and 96 of the Central Goods and Services Tax (CGST) Rules, 2017, through notification 3/2018-GST dated January 23,
Category: GST
GSTR-3B filing | GST: Government simplifies GSTR-3B filing, here’s what has changed–Economic Times–24.02.2018
The government on Wednesday came out with a simplified version of GSTR-3B, making it more user-friendly amidst indications that it may possible be used even
Indians will get loans based on data, not collateral: Nandan Nilekani – The Financial Express–24.02.2018—–*****
India is moving in a direction where lenders will use data like GST based “business flows” or credit payment history, instead of collaterals, to provide
GST blues for exporters – Business Line–24.02.2018
Refund delays, with respect to IGST and input tax, have hit small units More than eight months after the introduction of GST, exporters remain cash-strapped
GST Network simplifies GSTR -3 filing process | business news | Hindustan Times–24.02.2018
In a move to make filing of returns taxpayer friendly and error-free, the Goods and Service Tax Network (GSTN), the firm that processes tax returns
GST payment: Taxpayers can check return filing status of suppliers on GSTN portal – The Economic Times–24.02.2018
Taxpayers can now check the last return filing status of their suppliers on the GST Network (GSTN) portal. GSTN, the company developing the technology backbone
GST Revenue: GST mop-up could top Rs 1 lakh crore a month post anti-evasion steps–Economic Times–14.02.2018
Officials said the revenue estimates for next fiscal are conservative and could go up depending on enforcement actions taken by the government. Revenues from the
GST: E-way Bill: Why the nation needs a successful– roll out at the earliest –Economic Times–14.02 2018
By Tejas Goenka The GST Council in its 22nd meeting held in October last year, had decided that the e-way bill under GST will shall
Exporters claiming higher drawback must submit self-declaration | Business Standard News–13.02.2018
For all exports made with effect from July 1, 2017 for which higher rate of drawback is claimed, exporters have to submit the self-declaration in
GST Council: GST return simplification panel to meet industry this week – The Economic Times–12.02.2018
The government appointed panel on GST returns under GSTN chairman Ajay Bhushan Pandey will meet industry and traders this week to seek their views on
GST Council: GST regime not user-friendly, says Bombay High Court – The Economic Times–11.02.2018
The system needs to be tested fully to make sure it can handle the next steps in GST. The Bombay High Court said the goods
The e-way jam: Use of RFID tags can resolve the issue | Business Standard Editorials–10.02.2018
The widespread disruption following the compulsory introduction of the electronic way (e-way) bill from February 1 and its postponement the same evening underscore, yet again,
For cancelling GST registration, pay ITC or output tax, whichever is more | Business Standard News–06.02.2018
In accordance with Section 17(5) (h) of the CGST Act, 2017, input tax credit shall not be available in respect of goods destroyed Last Updated
So far, states not in favour of petrol, diesel inclusion into GST: Jaitley | Business Standard News–06.02.2018
Finance Minister Arun Jaitley on Monday said the states are not in favour of including petrol and diesel into GST at the moment, ruling out
E-way bill mess: Goods stop on tracks, transporters wary of field officers | Business Standard News–04.02.2018
The e-way bill of the goods and services tax (GST) might have been put on the backburner after initial hiccups, but transporters in Gujarat are
Finance Ministry asks GSTN to come out with foolproof e-way bill system – The Financial Express–03.02.2018
The finance ministry has sought a report from GSTN, the IT-backbone provider for GST, on glitches in the system that derailed the anti-tax evasion electronic
E-way Bill | GST- Budget 2018: Government defers compulsory E-way bill application, trial to continue–02.02.2018
Some companies have complained that moving goods had come to a complete standstill. With the E-way bill generation platform facing technical glitches, the Government on
GST: E-way bill could prove to the final piece of the puzzle – The Economic Times–01.02.2018
The past 15 months have seen a significant structural shift in Indian businesses and the supply chain ecosystem. Demonetisation and Goods and Services Tax (GST)
Intra-State e-way bill: India Inc pitches for more time, uniform launch date – Business Line–31.01.2018
Faced with the situation of businesses becoming standstill, large pan-India businesses have knocked the doors of the GST Council to ensure that the e-way bill
Budget 2018: CII seeks easier GST compliance procedures in Budget – The Economic Times–31.01.2018
Ahead of the Budget, industry chamber CII today sought redressal of issues related to GST compliance including filing of returns, matching of invoices and getting