Recommendations made during the 25th meeting of the GST Council held in New Delhi on 18th January, 2018
The following recommendations have been made by the GST Council in its 25th meeting held today at New Delhi: 1. The late fee payable by any registered person for failure to furnish FORM GSTR-1 (supply details), FORM GSTR-5 (Non-resident taxable person) or FORM GSTR-5A (OIDAR) is being reduced to fifty rupees per day and shall be […]
GST Tip – 418
Table 6A of FORM GSTR – 1 is enabled for taxpayers only for claiming the refund of taxes paid on exports or claim refund of the input tax credit for exported goods if FORM GSTR – 1 is not filed during the month the refund is being applied.
Due dates for return filing extended
The due dates for the return filing have been extended yet again. The last date for filing for most of them is 31st Dec 2017. Bue again due to the representation of the trade and industry the government has extended the due dates again. The due date for filing of Form GSTR – 1 for […]
GST Tip – 204
As per the Draft Input Tax Credit Rules, details of the delivery challan sent to a job worker and received back from the job worker in a tax period has to be shown/submitted in the outward monthly return FORM GSTR-1.