GSTN adds New Feature in Portal
The Goods and Services Tax Network ( GSTN ) has updated a new feature in the GST portal in connection with the filing of an application for ITC accumulated due to Inverted Tax Structure. “While...
Opt for Composition Scheme till 31st March, File ITC-03 before 30th July: GST Portal
The Goods and Services Tax ( GST ) portal has mandated that the taxpayers should opt for composition scheme till 31st March 2019. The portal has also reminded that such taxpayers shall file the stock...
GSTN asks Businesses to download Proposed GST Return Documents
The Goods and Services Tax Network ( GSTN ) has asked the taxpayers to download the new revised GST returns documents. “Proposed Return documents, as approved by the competent authority, can now be downloaded from...
GST: 50 Crore E-Way Bills generated till February, says Govt
The Central Board of Indirect Taxes and Customs (CBIC) has confirmed that till 28th February 2019, 50 crores E-Way Bills have been generated through the online portal under GST regime. “Total no. of e-way bill...
GSTN Alert: New Functionalities enabled from January
The Goods and Services Tax Network ( GSTN ) has enabled several new functionalities from January 2019 for the taxpayers. They include the following; Taxpayers can furnish details of security/surety in prescribed form ASMT-05. After...
GST: Govt to take Lenient Approach on Taxpayers till Election
The Government may take a lenient approach on the taxpayers under the GST towards the businesses till the Loksabha elections. The authorities will, however, continue to collect data on transactions from various sources, which will...
GSTN Alert: Two New Features added in the Portal
The Goods and Services Tax Network ( GSTN ) has updated two new features in the official website including System Generated Acknowledgement of Application of Appeal and the Population of Data from EWB System into...
GSTN Alert: Two New Features added in GST Portal
The Goods and Services Tax Network ( GSTN ) has added two new features in the GST portal including List of Preferred Banks list while making Payment and the Monthly Refund applications by Quarterly GSTR-1...
GST Practitioners in Tamil Nadu launches website
In a major relief to the traders and accountants under GST, the Tamil Nadu Goods and Service Tax Practitioners Association (TNGSTPA) has launched a new website www.tngstp.com exclusively to cater the queries. The website was...
Non-Technical Errors of GST Returns can soon be Rectified
In a major relief to the businesses, the Government may able them to rectify the GST Returns for the non-technical errors. Recently, the GST Council has directed a committee for IT grievance redressal to quickly...
5 Benefits GST will bring to Your Start-Up
Ever since the GST regime was rolled out in India, there has been a sense of relief among the taxpayers. Not only has the implementation of GST helped remove the cascading effect of various taxes,...
New Simplified GST Returns Mandatory from July Only
The GST Council, in its 31st meeting, has decided to implement the newly simplified GST returns from next April on a trial basis. According to the decision of the Council, the new returns shall be...
Expectation from the 31st Meeting of GST Council
GST Council is expected to convene its 31st meeting on 22nd December, 2018 and is likely to deliberate over the following range of issues: 1. Tax rate rationalization: The council is considering reducing rates on...
GST: Tax Lawyers approaches Delhi High Court to resolve GSTN Glitches [Read Order]
The Sales Tax Bar Association has approached the Delhi High Court seeking measures to resolve the technical glitches in the Goods and Services Tax ( GST ) portal. The petition was filed before the division...
GSTN started sharing Data with Tax Authorities
The Goods and Services Tax Network ( GSTN ) has started sharing data with the tax authorities in case of any mismatch in the figures reported in GSTR-1 & GSTR-3B or GSTR-3B and that computed...
GSTN develops New Return Filing System, says Shiv Pratap Shukla
Shri Shiv Pratap Shukla, Minister of State for Finance in a written reply to a question in Rajya Sabha said that the Goods and Services Tax Network ( GSTN ) is developing a new return...
GSTR-1 Due Date extended
The Central Government has extended the due date for filing GSTR-1, the quarterly return for registered persons with aggregate turnover up to Rs. 1.50 Crores for the period of October to December 2018 to 31st...
GST Portal updates Website Policy: Prohibits Scrapping
The Goods and Services Tax Portal has recently informed that the portal has updated its website policy as per which, the scrapping of GST site is strictly prohibited. The term GST Portal includes https://www.gst.gov.in/ along with all...
GSTN Alert: Option to file Appeal against Advance Ruling Authority enabled
A New Functionality has been updated on the Goods and Services Tax Network ( GSTN ) enabling the taxpayers to file Appeal against the Advance Ruling Authority. “Once an advance ruling is issued by an...
GSTN Alert: Taxpayers can select GSTP to prepare Appeal Form
The Goods and Services Tax Network ( GSTN ) has enabled a new functionality where the taxpayers can select there GST Practitioner to prepare Form GST APL-01 for them. The GST Practitioners can save the...
Govt to launch One-Time Amnesty Scheme for GST Defaulters
In order to give an opportunity to the GST defaulters, the GST Council is likely to consider a one-time amnesty scheme to facilitate an exit for ‘nil’ filers and non-filers. “Approximately there is 25 lakh...
