Six more states to roll out intra-state e-way bill
Six more states Bihar, Jharkhand, Haryana, Madhya Pradesh, Tripura and Uttarakhand have decided to rollout the same for intra-state movement of goods from April 20. The GST Council had launched the bill for inter-state movement of goods from April 1. Karnataka was the only state to start intra-state e-way bill the same day. E-way bill …
Govt advances deadline for GST seller returns for April, May, June
The government has advanced the deadlines for filing of seller forms under the goods and services tax, GSTR-1, for April, May and June, in comparison to those given for previous months. GSTR-1 for the month of April will have to be filed by May 31.
GST return form to become simpler:
GST Council has proposed a single return form after consulting tax experts and industry leaders with the objective of simplifying the process for filing returns. Anew model of return filing form, not very different in essence and content, has been worked out, which will be placed before the GST Council for approval. However, GSTR-3B will …
Promoting foreign varsities not an export, to incur GST
The Authority for Advance Rulings (AAR) has held that services performed by Global Reach Education Services, which promoted courses of foreign universities among prospective students in India, cannot be regarded as ‘export of services’.
Finance Ministry clarifies on return filing by composition dealers in Form GSTR-4
The finance ministry has clarified doubts on the manner of filing the quarterly return by composition dealers in Form GSTR-4. The ministry said traders who have opted for composition scheme need not file certain details in return form since the reverse charge mechanism in not yet functional. The GST Council, headed by Finance Minister Arun …
The 26th GST Council Meeting has decided to extend the suspension of reverse charge mechanism up to June 2018.
The GST TDS and TCS provisions are applicable for e-commerce companies and certain types of taxpayers. The GST TDS and GST TCS provisions were also suspended and will not be applicable up to June 2018. E-way bill rollout has been announced from 1st April 2018 across India. From 1st April 2018, e-way bill would be mandatorily required for all transport …