All States except Jharkhand choose Option-1 to meet the GST implementation shortfall
Government of Chhattisgarh has communicated its acceptance of Option-1 to meet the revenue shortfall arising out of GST implementation. The number of...
![GST: CBIC mandates 8 digit HSN for certain goods [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/12/GST-CBIC-8-digit-HSN-goods-Taxscan.jpg "GST: CBIC mandates 8 digit HSN for certain goods [Read Notification]")
![CBIC revokes notification related to due dates of filing GSTR-3B [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/11/CBIC-revokes-due-dates-filing-GSTR-3B-Taxscan.jpeg "CBIC revokes notification related to due dates of filing GSTR-3B [Read Notification]")
Central Govt releases Rs 6,000 cr as second tranche to 16 states and 3 UTs on account of GST Compensation under Special Borrowing Window
The Ministry of Finance, Government of India, under its “Special Window to States for meeting the GST Compensation Cess shortfall,” will be releasing an amount of Rs 6000 crore as second...
12% GST on Works Contract Service received from Contractors in developing residential Housing Project: AAR [Read Order]
The West Bengal Authority of Advance Ruling (AAR) ruled that 12% of GST is applicable on works contract service received from contractors in developing residential housing projects. The applicant,...
![12% GST on Works Contract Service received from Contractors in developing residential Housing Project: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/12-GST-Works-Contract-Service-Contractors-residential-Housing-Project-AAR-Taxscan.jpg "12% GST on Works Contract Service received from Contractors in developing residential Housing Project: AAR [Read Order]")
Interest Subvention Scheme for MSMEs: RBI includes Co-op Banks as lending institution [Read Circular]
The Reserve Bank of India (RBI) has allowed co-operative banks including urban cooperative banks to avail Interest Subvention Scheme for micro, small and medium enterprises (MSMEs), which was earlier...
CBIC issues corrigendum for conditional late fee waiver for Composition Taxpayers only for quarters from July 2017 to March 2019 [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) issued the corrigendum in respect of conditional late fee waiver for composition taxpayers only for quarters from July 2017 to March 2019...
![CBIC issues corrigendum for conditional late fee waiver for Composition Taxpayers only for quarters from July 2017 to March 2019 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/09/CBIC-conditional-late-fee-waiver-Composition-Taxpayers-corrigendum-Taxscan.jpg "CBIC issues corrigendum for conditional late fee waiver for Composition Taxpayers only for quarters from July 2017 to March 2019 [Read Notification]")
