CBEC’s 29 FAQs on GST in IT/ ITES Sector
The CBEC has compiled and released a booklet containing 29 FAQs on GST in Information Technology (IT) Sector and IT Enabled Services (ITES) Sector, for assistance and guidance of …
Updates
CBEC’s 8 FAQs on GST in Gems and Jewellery Sector
The CBEC has compiled and released a booklet containing 8 FAQs on GST in Gems and Jewellery Sector, for assistance and guidance of the stakeholders in getting acquainted with …
GST Rates on Tractor Parts reduced from 28% to 18%: CBEC Notification
CBEC has notified that GST Rates have been reduced on tractor parts (like tyres, tubes, diesel engine, hydraulic pump, etc., from 28% to 18%, based on recommendations of the …
ICAI Convocations Programme 2017 for Newly Qualified Members
ICAI will organize Convocations 2017 Programme, for distributing certificates to the newly qualified members, on 1 Sept. 2017 (Firday) at Ahmedabad, Mumbai, Pune, Chennai, Hyderabad, Kolkata, Jaipur and Kanpur …
CBDT Clarification on Number of Taxpayers added post Demonetization
In view of media reports indicating inconsistency in the data estimates made by different Govt. agencies in respect of number of taxpayers added after demonetization, the CBDT has issued a …
Credit Notes under GST: Format/ Procedure/ Adjustment of Tax Liability explained by CBEC
The CBEC has released an e-flier which explains about Format and Procedure for Issuance of Credit Notes along with summary of provisions relating to adjustment of Tax Liability thereof …
CBEC Explains about Format/ Procedure/ Tax Treatment for ‘Debit Notes’ under GST
The CBEC has released an e-flier which explains about Format and Procedure for Issuance of Debit Notes/ Supplementary Invoice along with summary of provisions relating to treatment of Tax …
CBEC Explains about Types of Audit under GST and Procedure thereof
The CBEC has released an e-flier which explains about the types of audit (normal/ special) and procedure thereof under GST. These audits may be conducted to determine the tax liability …
CGST (5th Amendment) Rules 2017 notified by CBEC
The CBEC has notified the CGST (5th Amendment) Rules 2017, wherein Rule 3(4), Rule 17(2), Rule 40(1)(b), Rule 61(5), Rule 87(2), Rule 87(3), Rule 103 have been amended. Besides, …
GSTR-3B Filing Due Date Extended upto 28 Aug. 2017 for Transitional ITC Claim Cases: CBEC
As per CGST Rules 2017, GST for July 2017 has to be paid by 20 August, 2017, after which the summary GST return GSTR-3B can be filed. However, in …