Read all Latest Updates on and about Goods and Services Tax (GST)

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Govt Amends the GST Settlement of Funds Rules [Read Notification]

The Central Government last day notified the Goods and Services Tax (GST) Settlement of Funds Rules, 2017 wherein a new provision has been added that...

RBI grants Relief to MSME Borrowers registered under GST [Read Notification]

States not in favor of Petrol, Diesel inclusion into GST: FM

Govt Notifies GST Exemption to Government’s Share of Profit Petroleum [Read Notification]

GST Cess on Pan Masala likely to be levied at Manufacturing Level

GST: Govt’s Twitter Handle Issues FAQs on Immovable Property

GST GoI, the official twitter handle of the Central Government created to address the queries of the tax payers on the newly implemented Goods and Services Tax (GST) has recently issued a set of...

Delhi Govt DVAT Dealers to submit Closing Stock Details held by them pre-GST Rollout [Read Notification]

The Department of Trade and Taxes, Delhi directed all the dealers who were registered under DVAT (Delhi Value Added Tax) to submit details of closing stock as held by them on 31st Mar & 30th June...

'Tax Invoice under GST- All You Need to Know'[Read Concept Note]

The invoice becomes the basic evidence/documents for recording the transaction in books of accounts. Generally speaking, an invoice is a commercial instrument issued by a seller to a buyer. It...

GST: Govt Extends Due date for filing ITC-04

The Central Government, on Wednesday, has extended the due date for filing ITC-04 for details of goods/capital goods sent to job worker and received back. No notification or circular has been issued...

Govt Clarifies Issues on Late fee amount shown in GSTR 3B of September, 2017

The Central Government clarified that the late fee amount shown in their GSTR 3B return is n account of late filing of August returns. A statement appeared in the Official website of the Goods and...

GST: Over 3.9 million assessees filed September Returns

As the new indirect tax regime in India, i.e, Goods and Services Tax (GST) turns three months older, reports says that around 3.9 million tax payers have filed their returns for the month of...

Govt issues Concept Note on Education Services under GST [Read Concept Note]

The Central Government recently issued a concept note on the applicability of Goods and Services Tax (GST) on educational services. Education Services are taxable under forward charge which means,...

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