Blog

Sep 23, 2019

Waiving of to file FORM ITC-04 for Financial years 2017-18 & 2018-19

<!-- wp:paragraph --> <p>GST wide Notification no. 38/2019 dated 31st August, 2019 Waives to file FORM ITC-04 for period&nbsp; from July,2017 to march,2019.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>Inputs, Semi finished goods or capital goods shall be sent to the job worker under the cover of a challan issued by the principal(Registered Person) including where such goods are sent directly to job worker.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>The Principal (Registered Person) is required to file FORM ITC-04 every quarter stating the said details.</p> <!-- /wp:paragraph.....

Sep 23, 2019

Section 103 of Finance (No. 2) Act, 2019 coming into Force

<!-- wp:paragraph --> <p>GST Wide Notification No.39/2019 dated 31st August, 2019 appoints 1st September, 2019 as the date from which Section 103 of Finance Act (NO.2), 2019 will come into force.<br> Section 103 inserts Section 54(8A) in CGST Act which states that the government may disburse the refund of the state tax in such a manner as may be prescribed.<br></p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>.<a href="http://www.cbic.gov.in/resources/htdocs-cbec/gst/notfctn-39-central-tax-english-2019.pdf;jsessionid=E8B5417A96760713EDF3D0C82C3388C2">http://www.cbic.gov.in/resources//htdo.....

Sep 23, 2019

Rectification of mistakes/errors in GSTR-3B manually

<!-- wp:paragraph --> <p>-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Vide Decision of High court of Andhra Pradesh in Panduranga Stone Crushers Vs. Union of India.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>Facts of the case:</p> <!-- /wp:paragraph --> <!-- wp:list {"ordered":true} --> <ol><li>Applicant (panduranga stone crushers)for the months of July, 2017 to march, 2018 the petitioner submitted GSTR-3B returns through GST portal as required under law.</li><li>The Petitioner while claiming IGST Input, the petitioner is inadvertently and by mistake reported IGST i.....

Sep 23, 2019

Determination of location of State bench of tribunal is in domain of central government; role of state government is confined to determine place of area benches

<!-- wp:paragraph --> <p>-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Vide Decision of High court of Allahabad in Torque Pharmaceuticals (P.) Ltd. Vs Union of India.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>Facts of the case:</p> <!-- /wp:paragraph --> <!-- wp:list {"ordered":true} --> <ol><li>The assessee filed a writ petition in respect of constitution of a Bench of Appellate Tribunal in Uttar Pradesh and had drawn the attention of the Court to the provisions of section 109(6) of Central Goods and Service Tax Act, 2017.</li></ol> <!-- /wp:list --> <!-- wp:parag.....

Oct 16, 2019

Filing of Annual return is made optional for businesses having turnover less than Rs. 2 crores

<!-- wp:paragraph --> <p>GST wide notification No. 47/2019 dated 09<sup>th </sup>October 2019 on the recommendations of the council notifies that registered persons whose aggregate turnover in a financial year does not exceed two crore rupees in respect of financial years 2017-18 and 2018-19, are having the option to furnish the annual return.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-47-central-tax-english-2019.pdf;jsessionid=351C29506073E73E96266EFB7E2DB4A9">http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn.....

Oct 16, 2019

Prescribing the due date for filing return in FORM-GSTR-3B for the months from October 2019 to March 2020

<!-- wp:paragraph --> <p>GST wide Notification no. 44/2019 dated 09th October, 2019 prescribes the due date for furnishing FORM-GSTR-3B for the months from October, 2019 to March, 2020 shall be furnished electronically through common portal, <strong>on or before the 20th day</strong> of the month succeeding such month.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-44-central-tax-english-2019.pdf;jsessionid=92DCCE2341F99AB6331DC2C3BFF237D3">http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-44-central-tax-english-2.....

Oct 16, 2019

Prescribing the due date for filing return in FORM-GSTR-1 for the registered persons (aggregate turnover upto 1.5 crores) for months from October, 2019 to March,2020

<!-- wp:paragraph --> <p>GST Wide Notification  No. 45/2019 dated 09<sup>th</sup> October, 2019 prescribes the due date for furnishing FORM-GSTR-1 (details of outward supply of goods and/or services)  for the registered person having turnover upto 1.5 croresfor the months from October, 2019 to December 2019 shall be furnished with in 31<sup>st </sup>January,2020 and for the months from January, 2020 to march, 2020 shall be furnished with in 30<sup>th </sup>April, 2020.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-45-c.....

Oct 16, 2019

Prescribing the due date for filing return in FORM-GSTR-1 for the registered persons (aggregate turnover more than 1.5 crores) for months from October, 2019 to March,2020

<!-- wp:paragraph --> <p> GST Wide Notification  No. 46/2019 dated 09th OCtober, 2019 prescribes the due date for furnishing FORM-GSTR-1 (deails of outward supply of goods and/or services)  for registered persons having Turnover more than 1.5 crores for the months from October, 2019 to March, 2020 shall be furnished electronically through common portal till the eleventh day of the month succeeding such month. </p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-46-central-tax-english-2019.pdf;jsessionid=188FA703E5BDB7F27E6.....

Jan 21, 2020

Reverse charge mechanism (RCM) on renting motor vehicles

<!-- wp:paragraph --> <p>GST vide Circular No. 130/2019 dated 31<sup>st </sup>December, 2019 Clarifies RCM on renting of motor vehicles.</p> <!-- /wp:paragraph --> <!-- wp:list --> <ul><li>GST applicability on renting of motor vehicles: Suppliers of service by way of renting of any motor vehicle designed to carry passengers where the cost of fuel is included in the consideration charged from the service recipient have an option to pay GST either at 5% with limited ITC (of input services in the same line of business) or 12% with full ITC. </li><li>By 37<sup>th </sup>GST council meeting, Sl.No......

Jan 21, 2020

Standard Operating Procedure to be followed in case of non-filers of returns

<!-- wp:paragraph --> <p>GST vide Circular No. 129/48/2019 dated 24<sup>th</sup> December 2019 clarifies the issue and to ensure uniformity in the implementation of the provisions of the law across field formations with respect to appropriate procedure to be followed in case of non-furnishing of return under section 39 (monthly returns) or 44 (annual return) or 45 (final return) of the CGST Act, 2017.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>The clarification is as follows,</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>As per section 46 of the CGST Act, 2017, It is required .....

Feb 21, 2020

Introduction of Standard Operating Procedure (SOP) to be followed by exporters

<!-- wp:paragraph --> <p> GST vide Circular No. 131/2020 dated 23<sup>rd</sup> January 2020 directs a Standard Operating Procedure (SOP) to be followed by exporters to mitigate the risk of monetization of credit fraudulently obtained or ineligible credit through a refund of Integrated Goods &amp; Service Tax (IGST) on exports by creating fake invoices. </p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="http://cbic.gov.in/resources//htdocs-cbec/gst/circular-cgst-131-new.pdf">http://cbic.gov.in/resources//htdocs-cbec/gst/circular-cgst-131-new.pdf</a></p> <!-- /wp:paragraph -->.....

Oct 17, 2020

Valuation of Supply in case of lottery run by the state government

<!-- wp:paragraph --> <p>GST vide Notification No. 08/2020 dated 2<sup>nd</sup> March 2020 determines the value of supply of a lottery shall be deemed to be 100/128 of the face value of the ticket or of the price as notified in the Official Gazette by the Organising State, whichever is higher.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-08-central-tax-english-2020.pdf">http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-08-central-tax-english-2020.pdf</a></p> <!-- /wp:paragraph -->.....

Oct 17, 2020

Exempting Foreign Airlines from furnishing reconciliation statement in FORM GSTR – 9C

<!-- wp:paragraph --> <p>GST vide Notification No. 09/2020 dated 17<sup>th</sup> March 2020 determines that the foreign companies in the airline business shall not be required to furnish GSTR-9C. Provided that a statement of receipts and payments for the financial year in respect of its Indian Business operations, duly authenticated by a practicing Chartered Accountant in India or a firm or a Limited Liability Partnership of practicing Chartered Accountants in India is submitted for each GSTIN by the 30th September of the year succeeding the financial year. </p> <!-- /wp:paragraph --> <!-- wp.....

Oct 17, 2020

special procedure for corporate debtors undergoing the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016

<!-- wp:paragraph --> <p>GST vide Notification Nos. 11/2020 &amp; 39/2020 dated 21<sup>st </sup>March 2020 &amp; 5<sup>th</sup> May respectively notifies that those registered persons, who are corporate debtors under the provisions of the insolvency bankruptcy code, 2016 undergoing the corporate insolvency resolution process and the management of whose affairs are being undertaken by interim resolution professionals (IRP) or resolution professionals (RP), as the class of persons who shall follow the following special procedure from the date of the appointment of IRP/RP till the period they und.....

Oct 17, 2020

Extension of due date for filing Form-GSTR-04

<!-- wp:paragraph --> <p> GST vide Notification No. 64/2020 dated 31<sup>st</sup> August, 2020 extends due date for filing of form GSTR-04 to 31<sup>st</sup> of October 2020. </p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-64-central-tax-english-2020.pdf">https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-64-central-tax-english-2020.pdf</a></p> <!-- /wp:paragraph -->.....

Oct 17, 2020

Extension of due date by furnishing of form GSTR-3B for supply made in the month of August,2020 for taxpayers with annual turnover up to Rs.5 Crores.

<!-- wp:paragraph --> <p> GST vide Notification Nos. 54/2020 dated 24<sup>th </sup>June, 2020, it has been issued that for tax payers having turnover upto Rs. 5 crores based on their principal place of business due date for filing of form GSTR-3B has been extended to October 1, 2020 and October 3, 2020 respectively(basis for Principle place of business is in the original notification accessed through link). </p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-54-central-tax-english-2020.pdf">https://www.cbic.gov.in/resources/.....

Jan 23, 2021

Extension of due date for filing annual return under CGST Act, 2017

<!-- wp:paragraph --> <p>GST vide Notification No. 95/2020 dated 30<sup>th</sup> December, 2020 has extended the due date for filing GSTR-9 and GSTR-9C  for FY 2019-20 to 28<sup>th</sup> February, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-95-central-tax-english-2020.pdf">https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-95-central-tax-english-2020.pdf</a></p> <!-- /wp:paragraph -->.....

Jan 23, 2021

Waiver of Late Fees in respect of Filing of Form GSTR-4

<!-- wp:paragraph --> <p>GST vide Notification No. 93/2020 dated 22<sup>nd</sup> December, 2020 has stated that the late fee payable for delay in furnishing of FORM GSTR-4 for</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>the Financial Year 2019-20 from the 1<sup>st</sup> November,2020 till 31st December, 2020 shall stand waived for the registered person whose</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>principal place of business is in the Union Territory of Ladakh.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://www.cbic.gov.in/resources//htdocs-cbec/gst.....

Mar 19, 2021

Standard Operating Procedures (SOP) for implementation of the provision of suspension of GST registrations

<!-- wp:paragraph --> <p>GST vide Circular No. 145/01/2021 dated 11th February, 2021 has issued SOPs for implementation of the provision of suspension of GST Registrations.<br> i) Suspension of Registration shall be intimated in Form GST REG-31<br> ii) Such notice/intimation shall be made available to the taxpayer on their dashboard on common portal in FORM GST REG-17.<br> iii) The taxpayers, whose registrations are suspended would be required to furnish reply to the jurisdictional tax officer within thirty days in FORM GST REG-18<br> iv) Proper officer, post examination of the response receiv.....

Mar 19, 2021

Extension of due date for filing Annual return under CGST Act, 2017

<!-- wp:paragraph --> <p>GST vide Notification No. 04/2021 dated 28th February, 2021 has extended the due date for filing GSTR-9 and GSTR-9C for FY 2019-20 to 31st March, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-95-central-tax-english-2020.pdf">https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-95-central-tax-english-2020.pdf</a></p> <!-- /wp:paragraph -->.....

Mar 19, 2021

Clarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices

<!-- wp:paragraph --> <p>GST vide Circular No. 146/02/2021-GST dated 23rd February, 2021 has issued that QR Code shall be applicable on B2B invoices for taxpayers whose aggregate turnover exceeds Rs. 500 crores from 1st April, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://www.cbic.gov.in/resources//htdocs-cbec/gst/Circular_Refund_146.pdf">https://www.cbic.gov.in/resources//htdocs-cbec/gst/Circular_Refund_146.pdf</a></p> <!-- /wp:paragraph -->.....

Mar 19, 2021

Applicability of e-invoice to Notified Persons in respect of supply of goods or services or both to a registered person

<!-- wp:paragraph --> <p>GST vide Notification 05/2021 dated 8th March, 2021 has notified that e-invoice shall be applicable to the notified persons whose aggregate turnover exceeds Rs. 50 crores in a single financial year from 1st April, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-05-central-tax-english-2021.pdf">https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-05-central-tax-english-2021.pdf</a></p> <!-- /wp:paragraph -->.....

Sep 15, 2021

Waiver of Penalty to registered person for Non-Compliance of Issuance of Dynamic Quick Response Code (QR)

<!-- wp:paragraph --> <p>GST vide Notification No. 06/2021 dated 30th March, 2021 has waived the penalty to registered person for non-issuance of Dynamic Quick Response Code (QR) to un-registered person if the turnover exceeds Five Hundred Crores subject to exceptions till 30th June, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-89-central-tax-english-2020.pdf">https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-89-central-tax-english-2020.pdf</a><br><a href="https://www.cbic.gov.in/resources//htdocs-cbec/g.....

Sep 15, 2021

Where assessee who was registered under Gujarat Value Added Tax Act, 2003 was granted provisional registration certificate in terms of section 139 under GST Act on basis of registration under VAT Act but due default in filing returns under VAT Act registration of applicant under VAT Act was cancelled and based on such cancellation, provisional registration of applicant under GST Act was also blocked/inactivated and final registration was not granted to applicant under GST Act, it was held that respondent-Authorities were directed to unblock/activate registration of applicant under GST Act and grant final registration certificate under GST Act and permit applicant to upload returns and pay tax under GST Act

<!-- wp:list --> <ul><li>vide decision of High Court of Gujarat in JAP Modular Furniture Concepts (P.) Ltd. v. State of Gujarat</li></ul> <!-- /wp:list --> <!-- wp:paragraph --> <p>Facts of the case:</p> <!-- /wp:paragraph --> <!-- wp:list {"ordered":true} --> <ol><li>The writ applicants are engaged in the business of import and sale of furniture.</li><li>The writ applicants were registered under the Gujarat Value Added Tax Act, 2003. Section 139 of the Central/Gujarat Goods and Services Tax Act, 2017 allowed migration of registration from earlier regime to the GST regime and provisional reg.....

Sep 15, 2021

Extension of due date for furnishing the details of outward supplies under CGST Act, 2017

<!-- wp:paragraph --> <p>GST vide Notification No. 12/2021 dated 1<sup>st</sup> May, 2021 has extended the due date for filing Form GSTR-1 for the month of April till 26<sup>th</sup> May, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://cbic-gst.gov.in/pdf/central-tax/notfctn-12-central-tax-english-2021.pdf">https://cbic-gst.gov.in/pdf/central-tax/notfctn-12-central-tax-english-2021.pdf</a></p> <!-- /wp:paragraph -->.....

Sep 15, 2021

Extension of due date for filing Form GSTR-4 under CGST Act, 2017

<!-- wp:paragraph --> <p> GST vide Notification No. 10/2020-21 dated 1<sup>st</sup> May, 2021 has extended the due date for filing Form GSTR-4 for FY 2020-21 till 31<sup>st</sup> May, 2021 </p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://cbic-gst.gov.in/pdf/central-tax/notfctn-10-central-tax-english-2021.pdf">https://cbic-gst.gov.in/pdf/central-tax/notfctn-10-central-tax-english-2021.pdf</a></p> <!-- /wp:paragraph -->.....

Sep 15, 2021

Extension of due date for filing Form GSTR-3B under CGST Act, 2017

<!-- wp:paragraph --> <p>GST vide Notification No. 08/2021 dated 1<sup>st</sup> May, 2021 has extended the due date for filing Form GSTR-3B for the months of March, 2021 and April, 2021. Please refer the link below for the extended dates:</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://cbic-gst.gov.in/pdf/central-tax/notfctn-08-central-tax-english-2021.pdf">https://cbic-gst.gov.in/pdf/central-tax/notfctn-08-central-tax-english-2021.pdf</a></p> <!-- /wp:paragraph -->.....

Sep 16, 2021

Extension of due date for furnishing the details of outward supplies under CGST Act, 2017

<!-- wp:paragraph --> <p>GST vide Notification No. 17/2021 dated 1<sup>st</sup> June, 2021 has extended the due date for filing Form GSTR-1 for the month of May till 26<sup>th</sup>June, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://cbic-gst.gov.in/pdf/central-tax/notfctn-17-central-tax-english-2021.pdf">https://cbic-gst.gov.in/pdf/central-tax/notfctn-17-central-tax-english-2021.pdf</a></p> <!-- /wp:paragraph -->.....

Sep 16, 2021

Extension of due date for filing Form GSTR-4 under CGST Act, 2017

<!-- wp:paragraph --> <p>GST vide Notification No. 25/2021 dated 1<sup>st</sup> June, 2021 has extended the due date for filing Form GSTR-4 for FY 2020-21 till 31<sup>st</sup> July, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://cbic-gst.gov.in/pdf/central-tax/notfctn-25-central-tax-english-2021.pdf">https://cbic-gst.gov.in/pdf/central-tax/notfctn-25-central-tax-english-2021.pdf</a></p> <!-- /wp:paragraph -->.....

Sep 16, 2021

Extension of due date for furnishing of FORM ITC-04 for Quarter Ending March, 2021

<!-- wp:paragraph --> <p>GST vide Notification No. 25/2021 dated 1<sup>st</sup> June, 2021 has extended the due date for filing Form ITC-04 for quarter ending March,2021 to 30<sup>th</sup> June, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://cbic-gst.gov.in/pdf/central-tax/notfctn-26-central-tax-english-2021.pdf">https://cbic-gst.gov.in/pdf/central-tax/notfctn-26-central-tax-english-2021.pdf</a></p> <!-- /wp:paragraph -->.....

Sep 16, 2021

Penalty cannot be charged by the GST Officer merely on the ground that E-way Bill has expired Where consignment of the petitioner was detained by Deputy State Tax Officer on ground that validity of E-way bill had expired and petitioner had to pay an amount towards tax and penalty for release of goods, it was held that there was no material before respondent to detain petitioner merely on account of lapsing of time mentioned in E-way bill and respondent was directed to refund amount collected from petitioner

<!-- wp:list --> <ul><li>vide decision of High Court of Telangana in Satyam Shivam Papers (P.) Ltd. v. Assistant Commissioner of Services Tax</li></ul> <!-- /wp:list --> <!-- wp:paragraph --> <p>Facts of the case:</p> <!-- /wp:paragraph --> <!-- wp:list {"ordered":true} --> <ol><li>The petitioner is a Private Limited Company registered under the Companies Act, 1956 and carries on trading business in all kinds of paper. It also has valid GST Registration.</li><li>It is the sole distributor of M/s. International Papers Limited, Andhra Pradesh, and it also effects inter-State purchases of paper.....

Sep 21, 2021

GST on service supplied by Central/State Govt. to their undertakings or PSUs by way of guaranteeing loans taken by them

<!-- wp:paragraph --> <p>GST vide Circular No. 154/10/2021 dated 17th June, 2021 has mentioned that Services supplied by Central Government, State Government, Union territory to their undertakings or Public Sector Undertakings (PSUs) by way of guaranteeing the loans taken by such undertakings or PSUs from the banking companies and financial institutions are exempt.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://www.cbic.gov.in/resources//htdocs-cbec/gst/Circular_Refund_154.pdf">https://www.cbic.gov.in/resources//htdocs-cbec/gst/Circular_Refund_154.pdf</a></p> <!-- /wp:pa.....

Sep 22, 2021

Applicability and Due date for filing Annual Returns for FY 2020-21 under CGST Act, 2017

<!-- wp:paragraph --> <p>GST vide Circular No. 30/2021 dated 30th July, 2021 has mentioned the applicability and due date for filing Annual Returns for FY 2020-21.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><br> i.Every Registered Person except the persons mentioned in the act whose aggregate turnover in the FY 2020-21 exceeds Rs. 2 crores are required to file Form GSTR-9 electronically on or before 31st December, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><br> ii.Every Registered Person except the persons mentioned in the act whose aggregate turnover in the FY 2020-2.....

Sep 22, 2021

Waiver of Late fee for filing Form GSTR-3B under CGST Act, 2017- extended upto 30th November, 2021

<!-- wp:paragraph --> <p>GST vide Notification No. 33/2021 dated 29th August, 2021 has waived the late fee for filing Form GSTR-3B.<br> i. Registered persons who failed to furnish Form GSTR-3B for the months /quarter of July, 2017 to April, 2021 by the due date but furnish the said return between the period from the 1st June, 2021 to 30th November, 2021, the total amount of late fee under section 47 of the said Act, shall stand waived which is in excess of five hundred rupees.<br> ii. In case where tax payable is Nil, the total amount of late fee under section 47 of the said Act, shall stand w.....

Oct 20, 2021

Addition of new entries under Reverse Charge Mechanism under the CGST Act, 2017

<!-- wp:paragraph --> <p>GST vide Notification No. 10/2021 dated 30th September, 2021 has added essential oils other than those of citrus fruit namely: -<br> i) Of peppermint (Menthapiperita);<br> ii)Of other mints: Spearmint oil (ex-menthaspicata), Water mint-oil (ex-menthaaquatic), Horsemint oil (ex-menthasylvestries), Bergament oil<br> (ex-mentha citrate)<br> under Reverse Charge Mechanism supplied by unregistered person to registered person.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://cbic-gst.gov.in/pdf/central-tax-rate/notfctn-10-2021-cgst-rate.pdf">https://cbic.....

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