Table 6A of Form GSTR-1

Table 6A has been provided in Form GSTR-1 for exporters to claim refund. In GSTR-3B, invoice wise details are not filed as the same is basically a tax collecting form by which tax need to be paid on monthly basis by providing provisional details of inward and outward supplies. Due dates of filing Form GSTR-1… Read More »

Category: GST

Empanelment of Concurrent Auditor of Syndicate Bank

Syndicate Bank is having empanelment of concurrent auditors from the practising Chartered Accountants/ Firms, for assigning concurrent audit of various branch offices of the bank w.e.f. 01.01.2018. Only online applications are accepted. Last date of application: 25.11.2017  

Empanelment of Concurrent Auditor of Central Bank of India

Central Bank of India is in the process of empanelment of concurrent auditors. Central Bank of India invites online applications from practising Chartered Accountants/ Firms on RBI panel for assigning concurrent audit of Its various branches and departments, corporate office w.e.f. 01.01.2018. Existing concurrent auditors are also required to apply fresh. Last date of online… Read More »

Clarification on Unutilised ITC for Exporters of Fabrics

CBEC has clarified that a manufacturer of fabrics will be eligible for refund of unutilised ITC of GST paid on inputs (other than the ITC of GST paid on capital goods) in respect of fabrics manufactured and exported by him. Circular – Clarification on Unutilised ITC for Exporters of Fabrics

Updated schedule of CGST Rates on Goods

The CGST rates on certain goods have undergone changes since the introduction of GST. The rate changes are given effect through amending notifications issued from time to time. A need has been felt to publish a consolidated rate schedule in a single document for ease of reference. Accordingly, this document has been prepared indicating updated… Read More »

Govt. grants permission to display revised MRP due to reduction of GST rates upto December 31, 2017

Govt. has granted the permission to the manufacturers or packers or importers of pre-packaged commodities to display revised MRP due to reduction of GST rate up to December 31, 2017. Press Release – Govt. grants permission to display revised MRP due to reduction of GST rates upto December 31, 2017

Updated Consolidated Notification for rates on services (CGST/ IGST/ UTGST)

Consolidated notification regarding rates on services as amended upto 14.11.2017 has been uploaded by CBEC. CGST Consolidated Notifications (Rates on Services amended upto 14.11.2017) Consolidated notification 11/2017-CT (Rate) Consolidated notification 12/2017-CT (Rate) Consolidated notification 13/2017-CT (Rate) Consolidated notification 14/2017-CT (Rate) Consolidated notification 15/2017-CT (Rate) Consolidated notification 16/2017-CT (Rate) Consolidated notification 17/2017-CT (Rate) IGST Consolidated Notifications (Rates… Read More »

Exemption to all taxpayers from payment of tax on advances received in case of supply of goods

In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act) and in supercession of notification No. 40/2017-Central Tax, dated the 13th October, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3,… Read More »

Exemption to suppliers of services through an e-commerce platform from obtaining compulsory registration

An electronic commerce operator who is required to collect tax at source under section 52 of the said Act, and having an aggregate turnover, to be computed on all India basis, not exceeding an amount of twenty lakh rupees in a financial year, as the category of persons exempted from obtaining registration under the said… Read More »