Tag: Input Tax Credit (ITC)
CBEC (CBIC) has issued Clarifications for Uniform Procedure relating to recovery of arrears under the existing law (Central Excise Duty/ Service Tax ) and reversal of inadmissible Cenvat credit as …
The CBEC has further extended the Last Date for Submission of Statement by Registered Taxpayers in Form GST TRAN-2 upto 30 June 2018, i.e. for taxpayers not having bills/ invoices …
The CBEC has noticed news reports on pending GST refunds with inaccurate/ speculative figures and has clarified about various steps taken by Govt. to expedite IGST/ ITC refunds to …
The CBEC has issued Directions for Taxpayers on "Non-Transition/ Non-Utilisation of Disputed Cenvat Credit Carried Forward or Blocked Cenvat Credit" under GST, including asking for submission of an Undertaking …
GSTN has shared 3 updates on Twitter (dt. 2 Jan. 2018) about availability of certain functionalities at GST Portal, i.e. submitting details of supplies made to merchant exporters @ …
GSTN has tweeted on 20 Dec. 2017 about the ITC/ IGST Refund Process in respect of Exports of Goods and Services, including explanation on the pre-conditions, requisite formalities/ documentation/ …
The CBEC has notified further extension of due date for filing of declaration for claiming Input Tax Credit (ITC) in Form GST ITC-01 under Section 18(1) of the CGST …
The CBEC has issued a clarification regarding eligibility for refund of unutilised ITC of GST paid by Manufacturer Exporters of Fabrics, i.e. ITC of GST on Inputs in respect …
CBEC has notified that the due date for filing of GST ITC-04 (Details of goods/ capital goods sent to job worker and received back) for the quarter July 2017~Sept. …
The CBEC has notified further extension of the last date for submission/ revision of declaration in Form GST TRAN-1, under CGST Rule 117/ Rule 120A, upto 27 Dec. 2017. Earlier …