Specific goods that are exempt from E-waybill rules are: Transportation of those goods laid down in the annexure to rules as specified below: Liquefied petroleum gas for supply to household and non-domestic exempted category customers Kerosene oil sold under Public Distribution System (PDS) Postal baggage transported by Department of Posts Natural […]
Relief in payment of interest to Taxpayers filing Form GSTR-3B 25/06/2020 3. Relief in Payment of Interest to Normal Taxpayers filing Form GSTR-3B: a. Taxpayers having aggregate turnover > Rs. 5 Cr. in preceding FY Tax period Due Date No interest payable till Interest payable @ 9% from & till Interest payable […]
Relief in opting for Composition by Taxpayers & filing other Returns 25/06/2020 Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for GST filings. These are notified in Notifications 30, 34 & 35/2020 dated 03.04.2020 & 47/2020 dated 09.06.2020.4.Opt in for Composition in FY 2020-21 Normal Taxpayers wanting to opt […]
Ministry of Finance Recommendations of GST council related to Law & Procedure Posted On: 12 JUN 2020 4:08PM by PIB Delhi The 40th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing here today . The meeting was also attended by Union […]
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 41/2020 – Central Tax New Delhi, the 5th May, 2020 G.S.R…..(E).– In exercise of the powers conferred by […]
PRESS RELEASE ON GST RATES ON CERTAIN GOODS AND SERVICES IN 39TH GST COUNCIL MEETING ON 14TH MARCH, 2020 GST Council in the 39th meeting held on 14th March, 2020 at New Delhi took following decisions relating to changes in GST rates on supply of goods and services. The recommendation of […]
Highlights of 38th GST Council Meeting 1. Due dates extended for GSTR-9 and GSTR-9C for FY 2017-18 till 31 January 2020 The due date of GSTR-9 and GSTR-9C are extended further till 31 January 2020 from the earlier date of 31 December 2019. It was done to allow more time for […]
Due dates for Compliances under GST 1-07-19- Due date for filing GSTR-1 for m/o June 19 – Applicable for taxpayers with Annual Aggregate turnover Above Rs. 1.50/- Crore or opted to file monthly Return (Rs. One Crore Fifty Lacs) only. Notification No. 44/2018 – Central Tax 31-07-19- Due date for filing GSTR-1 for June […]
Highlights of 35th GST Council Meeting The 35th GST Council meeting concluded with consensus on the following matters 1. GST annual return due date extended till 31 August 2019 for FY 2017-18 The due date for filing GSTR-9, GSTR-9A, and GSTR-9C for the FY 2017-18 has been extended by two months, […]
Provisions Before 1st April 2019 Provisions After 1st April 2019 Threshold Limit for Registration in case of goods (allover India) except persons engaged in making Supplies in the state of Arunacahal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Puducherry, Sikim, Telengana, Tripura, Uttrakhanad– Rs. 20 lakhs Threshold Limit for Registration in case of goods (allover India) except persons engaged in making […]
