https://goo.gl/wVgGXT
*In line with the recommendations of the 21st Meeting of the GST Council (dt. 9 Sept. 2017), the CBEC has issued Notifications for extension of due dates for Filing of GST Returns in Form GSTR-1, GSTR-2, GSTR-3 and GSTR-6 for the month of July 2017*
*In line with the recommendations of the 21st Meeting of the GST Council (dt. 9 Sept. 2017), the CBEC has issued Notifications for extension of due dates for Filing of GST Returns in Form GSTR-1, GSTR-2, GSTR-3 and GSTR-6 for the month of July 2017*
CA Club
Due Dates Extension for GSTR-1, GSTR-2, GSTR-3, GSTR-6 (GST Returns July 2017): CBEC Notifications
In line with the recommendations of the 21st Meeting of the GST Council (dt. 9 Sept. 2017), the CBEC has issued Notifications for extension of due dates for Filing of GST Returns in Form GSTR-1, GSTR-2, GSTR-3 and GSTR-6 for the month of July 2017.
GST opens a Pandora’s box for exporters - http://www.livemint.com/Money/KrifMLRnYcj7RRm8M03YnN/GST-opens-a-Pandoras-box-for-exporters.html
Despite the new tax regime being in place for over two months now, there is limited clarity on the refund mechanism. This is making the situation worse.
Despite the new tax regime being in place for over two months now, there is limited clarity on the refund mechanism. This is making the situation worse.
http://www.livemint.com/
GST opens a Pandora’s box for exporters
The strong rupee and an ambiguous goods and services tax (GST) is giving sleepless nights to exporters
Dear Friends,
In case of newly registered GST dealers, many complaints were received that these *dealers were not receiving mail containing First Time login and Password*.
So, these dealers were not able to make payment or file GSTR-3B or GSTR-1.
GSTN has resolved this issue by providing a link to "Resend this Welcome mail".
The steps to use this link are -
1. Go to Services - Registration - New Registration - Login with TRN.
2. This will prompt a message "Please click here to resend the Email and SMS".
3. On Click of link, email with GSTIN and password will be retriggered on the Registered email id.
✅
In case of newly registered GST dealers, many complaints were received that these *dealers were not receiving mail containing First Time login and Password*.
So, these dealers were not able to make payment or file GSTR-3B or GSTR-1.
GSTN has resolved this issue by providing a link to "Resend this Welcome mail".
The steps to use this link are -
1. Go to Services - Registration - New Registration - Login with TRN.
2. This will prompt a message "Please click here to resend the Email and SMS".
3. On Click of link, email with GSTIN and password will be retriggered on the Registered email id.
✅
https://atul.caclub.in/icai-issues-revised-faqs-and-mcqs-multiple-choice-question-on-gst/
DOWNLOAD revised FAQs and MCQs ( Multiple Choice Question) on GST by ICAI
DOWNLOAD revised FAQs and MCQs ( Multiple Choice Question) on GST by ICAI
Tax Updates by CA Atul Modani
DOWNLOAD revised FAQs and MCQs ( Multiple Choice Question) on GST by ICAI
ICAI issues revised FAQs and MCQs ( Multiple Choice Question) on GST<br/>ICAI has always been supporting the Government with its intellectual resources, expertise and efforts to make the GST transition a great success and disseminating its role of being a…
https://goo.gl/gATTsh
*CBEC has released a booklet to explain the provisions under GST which are applicable to Goods Transport Agency (GTA), particularly about definition of GTA, applicable rate of GST, eligibility for ITC, persons liable for payment of tax, levy of GST on GTA Services, liability under reverse charge, exempt GTA services, etc.*
*CBEC has released a booklet to explain the provisions under GST which are applicable to Goods Transport Agency (GTA), particularly about definition of GTA, applicable rate of GST, eligibility for ITC, persons liable for payment of tax, levy of GST on GTA Services, liability under reverse charge, exempt GTA services, etc.*
CA Club
CBEC Explains About Applicability of GST on GTA
The CBEC has released a booklet to explain the provisions under GST which are applicable to Goods Transport Agency (GTA), particularly about definition of GTA, applicable rate of GST, eligibility for ITC, persons liable for payment of tax, levy of GST on…
https://goo.gl/DVs6PP
*CBEC has released a booklet to explain the provisions under GST which are applicable to 'Non Resident Taxable Person', particularly about meaning/ definition of 'Non Resident Taxable Person', registration requirements in India, liability for estimation and advance deposit of tax, input tax credit, filing of return in GSTR-5, Refunds, etc.*
*CBEC has released a booklet to explain the provisions under GST which are applicable to 'Non Resident Taxable Person', particularly about meaning/ definition of 'Non Resident Taxable Person', registration requirements in India, liability for estimation and advance deposit of tax, input tax credit, filing of return in GSTR-5, Refunds, etc.*
CA Club
CBEC Explains About ‘Non Resident Taxable Person’ and GST Provisions
CBEC has released a booklet to explain the provisions under GST which are applicable to 'Non Resident Taxable Person', particularly about meaning/ definition of 'Non Resident Taxable Person', registration requirements in India, liability for estimation and…
https://atul.caclub.in/checklist-to-avoid-json-error-while-using-offline-tool/
Ensure you satisfy all conditions so that you will not get json related error
Ensure you satisfy all conditions so that you will not get json related error
Tax Updates by CA Atul Modani
Checklist to avoid JSON error while using offline tool
Checklist to avoid JSON error while using offline tool
GSTN today have came out with checklist to avoid JSON error while using offline tool, the details of same are as underAlso Refer:
Important Issues to keep in mind while filing GSTR- 1. Troubleshooting…
GSTN today have came out with checklist to avoid JSON error while using offline tool, the details of same are as underAlso Refer:
Important Issues to keep in mind while filing GSTR- 1. Troubleshooting…
https://goo.gl/sT2SPB
*The CBDT has clarified that tax (TDS) on Interest Accrued on Deposits made under Capital Gains Account Scheme 1988 after the death of the Depositor is required to be deducted and reported against PAN of the legal heir, unless a declaration is filed under IT Rule 37BA(2) to that effect.*
*The CBDT has clarified that tax (TDS) on Interest Accrued on Deposits made under Capital Gains Account Scheme 1988 after the death of the Depositor is required to be deducted and reported against PAN of the legal heir, unless a declaration is filed under IT Rule 37BA(2) to that effect.*
CA Club
TDS on Interest on Capital Gains Scheme Deposits (Death of Depositor): CBDT Clarification
The CBDT has clarified that tax (TDS) on Interest Accrued on Deposits made under Capital Gains Account Scheme 1988 after the death of the Depositor is required to be deducted and reported against PAN of the legal heir, unless a declaration is filed under…
http://m.hindustantimes.com/mumbai-news/maharashtra-to-go-cashless-you-will-now-have-to-pay-all-fees-fines-and-taxes-digitally/story-Hp9izhoFVn6yAxKDz6kdfP_amp.html
Maharashtra to go completely cashless, you will now have to pay all bills, fines, taxes digitally
Maharashtra to go completely cashless, you will now have to pay all bills, fines, taxes digitally
http://www.hindustantimes.com/
Maharashtra to go completely cashless, you will now have to pay all bills, fines, taxes digitally
The state wants to follow the Centre’s footsteps and hence, has started all efforts to make its transactions cashless.
https://goo.gl/BdAR17
*Taking forward the initiative launched by the Government of India to curb the menace of shell companies, money laundering and black money in the country and prevent misuse of corporate structure by shell companies for various illegal purposes, the Ministry of Corporate Affairs (MCA) and Central Board of Direct Taxes (CBDT) have now concluded a formal Memorandum of Understanding (MoU) for data exchange, on 6th September, 2017.*
*Taking forward the initiative launched by the Government of India to curb the menace of shell companies, money laundering and black money in the country and prevent misuse of corporate structure by shell companies for various illegal purposes, the Ministry of Corporate Affairs (MCA) and Central Board of Direct Taxes (CBDT) have now concluded a formal Memorandum of Understanding (MoU) for data exchange, on 6th September, 2017.*
CA Club
MOU between MCA and CBDT for Automatic and Regular Exchange of Information
Taking forward the initiative launched by the Government of India to curb the menace of shell companies, money laundering and black money in the country and prevent misuse of corporate structure by shell companies for various illegal purposes, the Ministry…
CBDT, Corporate Affairs Ministry to share data for crackdown on shell companies
http://toi.in/nkrKXb/a19ei
http://toi.in/nkrKXb/a19ei
The Times of India
CBDT, Corporate Affairs Ministry to share data for crackdown on shell companies - Times of India
The two agencies have already joined hands to act against companies and director, apart from choking fund flow, to ensure that corporate entities are not used as vehicles for money laundering.
https://goo.gl/4hYZ3a
*In line with the recommendations of the 21st GST Council Meeting dt. 9 Sept. 2017, the CBEC has notified Registration Exemption for certain Inter-state Suppliers of Handicrafts Items, subject to obtaining PAN, generating e-way bill and a ceiling of Rs. 20 lacs on aggregate supplies during a financial year (Rs. 10 lacs in the case of special category states except J&K).*
*In line with the recommendations of the 21st GST Council Meeting dt. 9 Sept. 2017, the CBEC has notified Registration Exemption for certain Inter-state Suppliers of Handicrafts Items, subject to obtaining PAN, generating e-way bill and a ceiling of Rs. 20 lacs on aggregate supplies during a financial year (Rs. 10 lacs in the case of special category states except J&K).*
CA Club
Registration Exemption for ‘Inter-state Supply of Handicrafts’ Notified by CBEC
In line with the recommendations of the 21st GST Council Meeting dt. 9 Sept. 2017, the CBEC has notified Registration Exemption for certain Inter-state Suppliers of Handicrafts Items, subject to obtaining PAN, generating e-way bill and a ceiling of Rs. 20…
http://wap.business-standard.com/article-amp/economy-policy/i-t-dept-to-launch-jurisdiction-free-assessment-from-oct-117091401557_1.html
The system envisages allocation of a particular taxpayer’s profile to any officer across the country via a special software. In the existing system, taxpayers are assessed in the specific region where they are based.
The system envisages allocation of a particular taxpayer’s profile to any officer across the country via a special software. In the existing system, taxpayers are assessed in the specific region where they are based.
Business-Standard
I-T dept to launch jurisdiction-free assessment from October
The project will cover 100 cities in the first phase of implementation
https://atul.caclub.in/all-about-gst-on-government-services/
important FAQs on GST on Government services (to and from) wrt taxable angle.
important FAQs on GST on Government services (to and from) wrt taxable angle.
Tax Updates by CA Atul Modani
All About GST on Government Services
All About GST on Government ServicesThe CBEC have issued FAQ on Government services, following are the important FAQs on GST on Government services (to and from) wrt taxable angle.<br/>Question 1: Are all services provided by the Government or local authority…
https://atul.caclub.in/icai-representation-to-cbec-over-various-gst-related-concerns/
*Members are requested to note down the suggestions and keep it on record as it will impact many legal aspects under GST in future.*
*Members are requested to note down the suggestions and keep it on record as it will impact many legal aspects under GST in future.*
https://atul.caclub.in/when-to-charge-revised-gst-after-decision-in-gst-council-meeting/
When to charge Revised #GST after decision in GST #Council #Meeting ?
When to charge Revised #GST after decision in GST #Council #Meeting ?
Tax Updates by CA Atul Modani
When to charge Revised GST after decision in GST Council Meeting ?
When to charge Revised GST after decision in GST Council Meeting ?
After advent of GST, the council is meeting frequently and decisions about GST rate increase or decrease regarding various items is decided. However the notification for such proposals are…
After advent of GST, the council is meeting frequently and decisions about GST rate increase or decrease regarding various items is decided. However the notification for such proposals are…