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 […]
E-way bill is required to be generated only where the value of the consignment exceeds Rs. 50000/-. For smaller value consignments, no e-way bill is required. Value of exempted goods has been excluded from value of the consignment, for the purpose of e-way bill generation.
Recommendations made during the 26th meeting of the GST Council held in New Delhi Today Return filing System The present system of filing of GSTR 3B and GSTR 1 is extended for another three months i.e., April to June, 2018 till the new return system is finalized. A new model was discussed extensively and Group […]
Recommendations regarding E-way Bill made during meeting of the GST Council Posted On: 10 MAR 2018 4:47PM by PIB Delhi In the 26th meeting held here today , the GST Council has recommended the introduction of e-way bill for inter-State movement of goods across the country from 01st April 2018. For intra-State movement of goods, e-way […]
Recommendations regarding Data Analytics made during the 26th meeting of the GST Council Posted On: 10 MAR 2018 4:45PM by PIB Delhi In the 26th meeting held here today , the GST Council has been apprised of the fact that CBEC and GSTN have started detailed data analytics across a number of data sets available with […]
As per the new features released in the GSTN portal, the amount of utilization will be auto populated in the utilization section and based on that the taxpayer can submit it or the amounts can be overwritten by the taxpayer.