In response to issues with the e-filing of the GST ITC-01 Form to transfer from the composition scheme to the conventional taxpayer Scheme, the Jharkhand High Court bench of Acting Chief Justice Aparesh Kumar Singh
Any person who has been granted PID and who opts for composition scheme, should submit an intimation of option in a prescribed form on GSTN on or before 21st July, 2017, says Finance Ministry. The
After proposing a bundle of path-breaking changes in the last meeting, the 32nd meeting of the GST Council will be held in January 2019 before the introduction of Budget. The 31st GST Council meeting held
In a recent Trade Circular issued by the Maharashtra state Government, the Composition Scheme introduced for Builders and Developers are revised by the Government by amending the MVAT Act. The circular also speaks about the
Over 5 lakh traders have opted to composition scheme under the Goods and Services Tax regime, said Union Revenue Secretary Hasmukh Adhia on Monday. "Dealers opting for composition in the Goods and Services Tax (GST)
The Central Board of Indirect Taxes and Customs (CBIC) has notified that brick kilns can opt for a composition scheme to pay a 6 per cent GST without input tax credit (ITC) beginning Friday, higher
The Central Government, on Thursday notified the increase in GST threshold limit in a relief for small traders. The increased threshold limit will be applicable from 1st April 2019. Further, the effective date for availing
The 32nd GST Council meeting concluded in New Delhi with a catena of changes in the present Goods and Services Tax regime. In a significant move, the Council has rationalized the Composition Scheme and approved
The rules related to Registration and Composition Scheme have been notified on 19th June, 2017. These rules have been brought into effect from 22nd June, 2017. The intent of notifying these rules is to start
The Goods and Service Tax Network has enabled the feature to opt in for composition available for Financial Year 2021-22 at the Common GST Portal. The GSTN says the functionality to opt in for composition
While hearing the case of M/s Golden Fork Restaurant and Catering Co.(p) Ltd Vs. Commercial Tax Officer, High Court of Kerala recently deleted the order passed by the department since the provisions under section 8(c)
The GST council, in its 32nd meeting held at New Delhi, made the following decisions. Increase in turnover limit for the existing composition scheme: The limit of annual turnover in the preceding financial year for
In a circular issued yesterday, the Central Board of Indirect Taxes and Customs ( CBIC ) has elucidated Effective date of Withdrawal from Composition Scheme. The CBIC has said that, “the effective date shall be
The Central Government is all set to bring amendment in the present Goods and Services Tax ( GST ) laws as to introduce reverse charge mechanism for the first time to extent the same to
The Goods and Services Tax Network (GSTN) has launched an offline tool for filing of quarterly returns for taxpayers who opted for the Composition Scheme. An offline tool for preparing GSTR-4 is available on GST
