CBIC again extends Waiver of Late Fee of all Pending Form GSTR-1 from July 2017 to Nov 2019

The Central Board of Indirect Taxes and Customs ( CBIC ) has again extended the waiver of late fee of all pending Form GSTR-1 from July 2017 to November 2019 till January 17th, 2020. Earlier,...

CBIC issues Clarification on Application of RCM on Renting of Motor Vehicles [Read Circular]

The Central Board of Indirect Taxes and Customs ( CBIC ) has issued a clarification on the subject of the application of Reverse Charge Mechanism ( RCM ) on renting of motor vehicles. The GST...

CBIC issues FAQs on Electronic Invoice System [Read FAQs]

The Central Board of Indirect Taxes and Customs (CBIC) has issued the Frequently asked questions (FAQs) on Electronic Invoice (E-Invoice) system Electronic Invoice System is mandatory for business with Rs. 100 crores turnover from April...

CBIC reallocates New GSTIN to Taxpayers of Union Territory of Ladakh

The Central Board of Indirect Taxes and Customs ( CBIC ) has reallocated the New Goods and Services Tax Identification Number ( GSTIN ) to Taxpayers of Union Territory of Ladakh. In a Statement issued...

Form GSTR-2A shall be restricted to 10% instead of 20% of the eligible ITC: Ninth Amendment to the CGST Rule, 2017 notified

The Central Board of Indirect Taxes and Customs ( CBIC ) on December 26th, 2019 by virtue of Notification Number 75/2019 notified the CGST rule (Ninth Amendment), 2019 concerning the denial of credit. The eligible...

CBIC extends Sabka Vishwas (Legacy Dispute Resolution) Scheme

The Central Board of Indirect Taxes and Customs ( CBIC ) has extended the Sabka Vishwas (Legacy Dispute Resolution) Scheme it for a period of fifteen days, till 15th January, 2020. The Sabka Vishwas (Legacy...

More than 1.12 Lakh Crores IGST Refund paid to Exporters, says CBIC

The Central Board of Indirect Taxes and Customs (CBIC) on said that it has paid IGST refund worth over Rs 1.12 lakh crores to more than 83,500 exporters to date. The CBIC also said that,...

CBIC directs to Constitute of Grievance Redressal Committees at Zonal / State level for Redressal of Grievances of Taxpayers on GST related issues [Read Circular]

The Central Board of Indirect Taxes and Customs ( CBIC ) has directed to constitute of Grievance Redressal Committees at Zonal/ State level for Redressal of Grievances of Taxpayers on GST related issues. The GST...

CBIC notifies Extension of due date of filing GSTR-9 and GSTR-9C [Read Order]

The Central Board of Indirect Taxes and Customs ( CBIC ) has notified the extension of the Due Date for furnishing GST Annual Return and Reconciliation Statement (GSTR-9 / 9A and GSTR-9C) for FY 2017-18...

CBIC extends due date for filing GSTR-3B and GSTR-7 in Assam, Manipur, Meghalaya or Tripura [Read Notification]

The Central Board of Indirect Taxes and Customs ( CBIC ) has extended due date for filing the return in FORM GSTR-3B and GSTR-7 for registered persons in Assam, Manipur, Meghalaya or Tripura for the...

CBIC notifies Extension of due date of Furnishing Form GSTR-1 in Assam, Manipur and Tripura [Read Notification]

The Central Board of Indirect Taxes and Customs ( CBIC ) has notified extension of the due date of Furnishing Form GSTR-1 in Assam, Manipur and Tripura for registered persons having aggregate turnover more than...

CBIC notifies waiver of Late Fee of all Pending Form GSTR-1 from July 2017 to Nov 2019 [Read Notification]

The Central Board of Indirect Taxes and Customs ( CBIC ) has notified the waiver of late fee of all pending Form GSTR-1 from July 2017 to November 2019. In the 38th meeting of the...

CBIC issues Standard Operating Procedure to be followed in case of Non-Filers of GST Returns [Read Circular]

The Central Board of Indirect Taxes and Customs ( CBIC ) has issued Standard Operating Procedure to be followed in case of Non-Filers of GST Returns. In the 38th meeting of the GST Council meeting...

Finally CBIC enables New Changes in GSTR-9C – v1.5

After a long waiting, the Central Board of Indirect Taxes and Customs ( CBIC ) has enabled the new changes in GSTR-9C (Reconciliation Statement). The excel based GSTR-9C offline utility is designed to help the...

CBIC expands DIN mandatory for All Communications including E-Mails sent to Taxpayers and Other Concerned Persons [Read Circular]

The Central Board of Indirect Taxes and Customs ( CBIC ) has expanded the scope of Document Identification Number ( DIN ). In a Circular issued by CBIC said that, Generation and quoting of Document...

GST Council decides issue Standard Operating Procedure for Tax Officers to take action against Non-Filing of GSTR-3B

The 38th meeting of the GST Council met under the Chairmanship of the Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman has decided to issue Standard Operating Procedure for Tax Officers to take...

No Extension of Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 after Dec 31, 2019: CBIC [Read Circular]

The Central Board of Indirect Taxes and Customs (CBIC) has said that, there no extension of Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 after December 31st 2019. In a Circular issued by CBIC said that,...

CBIC further extends enabling New Changes in GSTR-9 and GSTR-9C to Dec 21

The Central Board of Indirect Taxes and Customs ( CBIC ) has further extended the enabling new changes in Annual Return (GSTR-9) and the Reconciliation Statement ( GSTR-9C ) to December 21st, 2019. Recently, the...

GST: CBIC notifies E-Invoice System, Mandatory for Businesses with Rs 100cr Turnover from April 1, 2020 [Read Notifications]

The Central Board of Indirect Taxes and Customs ( CBIC ) has notified E-Invoice System mandatory for business with Rs. 100 crores turnover from April 1st, 2020. The E-invoice will be mandatory for both these...

CBIC extends due date of GSTR-3B, GSTR-7 and GSTR-1 in Jammu and Kashmir [Read Notification]

The Central Board of Indirect Taxes and Customs (CBIC) has extended due date for filing GSTR-3B, GSTR-7 and GSTR-1 in Jammu and Kashmir. The Notification issued by the CBIC said that, “Provided that for registered...

CBIC issues Clarifications on Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 [Read Circular]

The Central Board of Indirect Taxes and Customs ( CBIC ) has today issued clarifications Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019. In a Circular issued by CBIC said that, Section 124(2) provides for adjustment...