New taxpayers who have taken registration after 1st July 2017, can cancel their registration number using FORM GST REG – 16 on the common portal.
CBEC has released the revised FAQ on GST on 1 Jan 2018 in English. This based on the various changes made from time to time and also questions raised by the trade and industry. FAQ on GST
Decision of GST Council : Inter-State e-way Bill to be made compulsory from 1 st of February, 2018; system to be ready by 16th of January, 2018.
The 24th meeting of the GST Council held today through a video conference. It discussed about the implementation of e-way Bill system in the country. Till such time as National e-way Bill is ready, the States were authorized to continue their own separate e-way Bill systems. However, it was represented by the trade and transporters that this is […]
The E-way bill under the goods and services tax (GST) will be rolled out from January 16. The decision was taken by the GST Council chaired by Finance Minister Arun Jaitley on Saturday through video conferencing. While traders can start using the E-way bill on a voluntary basis from January 16, it will be made […]
Changes have been made to the GSTR – 3B, a set of question are being asked to the taxpayer to select “Yer” or “No” based on that the relevant tables in GSTR – 3B will be populated. This is applicable for the taxpayers filing returns online. The following are the questions asked Please answer […]
As per Notification No 64/2017 – Central Tax, the late fee for per day for filing of GSTR – 3B is Rs 25 in case of return where the taxpayer has to pay tax and Rs 10 per day in cases where the taxpayer has to file Nil return.
GST is also applicable to restaurant bills. Under GST the rate of GST on restaurants is 12% in case of non-air conditioned restaurants and in case of air-conditioned restaurants, the rate is 18%. The tax rate is a bit lesser compared to the erstwhile tax regime where VAT was charged at 14.5% and 6% as Service […]
Circular No. 42/2017-Customs F. No: 450/119/2017-Cus.IV(Pt. I) Govt. of India Ministry of Finance Dept. of Revenue Central Board of Excise and Customs ***** Room No.229-A, North Block, New Delhi 7th November, 2017 To, All Principal Chief Commissioners of Customs / Customs (Prey.). All Chief Commissioners of Customs / Customs (Prey.). All Principal Commissioners of Customs […]