Govt Extends Benefit of Composition Scheme to Persons providing Exempted Services under GST [Read Order]
With a view to remove difficulties in implementing the provisions of composition scheme, the Government, extended its benefit to the persons providing exempted services under the new Goods and Services Tax (GST) regime. An order
GST: Govt excludes Certain Exempt Services for determining Eligibility for Composition Scheme [Read Circular]
The Central Board of Indirect Taxes and Customs ( CBIC ) has clarified that the value of supply of exempt services by way of extending deposits, loans or advances in so far as the consideration
Delhi Govt notifies Special Procedure for E-Commerce Operator in respect of Supply of Goods made through it by Persons Paying GST under Composition Scheme [Read Notification]
The Finance Department of Delhi Government has notified the special procedure for the E-commerce Operator in respect of supply of goods made through it by the persons paying Goods and Services Tax (GST) under the
Major GST Changes from 1st April, New Return Form deferred
The Goods and Services Tax ( GST ), still struggling to walk without complexities is again changing its face from tomorrow. The more simplified new GST rules are likely to help a large number of
Composition Dealers to be prohibited from charging GST from Consumers
The Central Government is likely to mandate composition dealers and service providers to declare their GST registration status in invoices to ensure that they do not charge any tax from buyers. This is to ensure
GST Composition Levy Opt-in: Here’s All You Need to Know before the Deadline
GST Composition Levy Scheme As the deadline of March 31, 2024, approaches, GST-registered businesses have the opportunity to opt for the GST Composition Scheme for the fiscal year 2024-25. This scheme presents a simplified tax
GST: Composition Scheme Not Available to Manufacture of Ice-Cream, Pan Masala and Tobacco [Read Recommendations]
The 17th meeting of the Goods and Services Tax (GST) Council held on 18th June, 2017 at New Delhi decided to exclude the manufacture of ice-cream, Pan Masala and Tobacco from the purview of Composition
GST: CBIC notifies Due Date for filing FORM CMP-08 by Composition Taxpayers [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC), on Monday has notified that the small businesses shall submit FORM GST CMP-08 till 31st July, 2022. A notification issued as recommended by the GST Council
Govt extends Due Date for filing FORM GST CMP-03 [Read Order]
In a major relief to small traders, the Central Government today extended the time limit for intimation of details of stock held on the date preceding the date from which the option for composition levy
VAT Authorities has no Power to assess Dealer during the Existence of Composition Certificate: Karnataka HC [Read Judgment]
The Karnataka High Court held that the prescribed authorities under the Karnataka value added Tax (KVAT) Act has no power to assess the petitioner-dealer under VAT Scheme for the period when the composition certificate issued
Composition Dealers need not Furnish Details of Inward Supplies from Registered Supplier in FORM GSTR – 4
The Finance Ministry has clarified that, Composition Dealers need not Furnish Details of Inward Supplies from Registered Supplier in FORM GSTR - 4 Doubts are being raised about the manner of filing the quarterly return
Cabinet approves Goa GST Amendment Bill
The Council of Ministers approved the amendment to the Goa Goods and Services Tax Bill 2019 in order to streamline the existing GST regime. The Bill is expected to be introduced in the assembly in
Benefit of the Works Contract Composition Scheme can’t be denied to Assessee merely on Ground of Failure to File any Intimation: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) recently ruled that benefit of the works contract composition scheme cannot be denied to the Assessee merely on the ground of failure to file any intimation.
CBIC waives GSTR-1 for Persons who couldn’t Opt for Composition Scheme [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) has issued a notification waiving GSTR-1 for Persons who could not opt for Composition Scheme till 7th March 2019. As per the 39th GST Council meeting,
Breaking: Govt re-opens Registration Window for Opting Composition Scheme till 30th September
The 21st meeting of the Goods and Services Tax (GST) Council held at Hyderabad on Saturday decided to re-open the registration window for composition scheme till 30th September. The last date to avail the scheme