The GST Council on Friday unveiled a new simplified return that would require a taxpayer to file only one return every month and set a period of six months for the transition to take place. “It will take about six month for GSTN to prepare for it so for that period the current arrangement of […]
The total Gross GST revenue collected in the month of April 2018 is Rs.1,03,458 crore of which CGST is Rs18,652 crore, SGST is Rs.25,704 crore, IGST is Rs. 50,548 crore (including 21,246 crore collected on imports) and Cess is Rs.8554 crore (including Rs.702 crore collected on imports). The total number of GSTR 3B Returns filed for the […]
CGST Rules have been notified for the first time on 19th June 2017 vide Notification No. 3 /2017-Central Tax and after that it has been updated multiple times. It is being updated on a average of two times in a month from the date of rollout of GST from 1st July 2017. These are updated […]
E-way bills have been introduced again from 1st of April 2017 and now they are mandatory for interstate transactions if the consignment value is above Rs 50,000. It is required in the following transactions Transactions related supply Other than Supply – job work, repairs & maintenance Inward supplies from unregistered taxpayers The portal to be […]
Movement of goods on account of Bill-To-Ship-To supply will be handled through the capturing of place of dispatch in PART-A of e-way bill
In case of movement of goods by railways, airways and waterways, the e-way bill can be generated even after commencement of movement of goods.
Once verified by any tax officer, the same conveyance will not be subject to a second check in any State or Union territory, unless and until, specific information for the same is received.
Validity of one day will expire at midnight of the day immediately following the date of generation of e-way bill.