38 ViewsThe 48th Meeting of the GST Council will be held on 17th December, 2022.
61 ViewsThe Office of the GST Council has issued a OFFICE MEMORANDUM dated 19.10.2022 bearing file no. F. No. 757/Follow-up/GSTC/2018 /8/98-19.10.2022 on subject – “Authority regarding action consequential to issuance of Show Cause Notice and for issuance of recurring SCN in case of an enforcement action initiated by the Central authorities against a taxpayer assigned […]
121 ViewsGST Council Secretariat, New Delhi has published a Newsletter – Issue 39 , June, 2022 briefing “Recommendations of 47th GST Council Meeting” held on 28th & 29th June, 2022. The 47th GST Council meeting was held under the chairmanship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in Chandigarh. The GST […]
199 ViewsGST Annual Return filing for taxpayer having turnover upto 2 crore is exempt – CBIC has published a Notification no. 10/2022-Central Tax dated 05.07.2022 giving effect to the exemption from filing of GST Annual Return for FY 2021-22. Due date for furnishing COM-08 for quarter ending 30th June, 2022 is extended till 31.07.2022. Notification […]
290 ViewsThe GST & Indirect Taxes Committee has published a PPT on the Recommendations of 47th GST Council Meeting held on 28 & 29 June, 2022. Pls. find the PPT below:
60 ViewsAs per the recent tweet by CNBC-TV18, sources say the GST Council meet concludes, no decision was taken on extending Compensation to states. It approved a proposal to impose a 12 percent tax on hotel rooms costing below Rs 1,000 per day. So far, only hotels above the threshold were charged 12 percent GST. The Council […]
191 ViewsThe 47th GST Council met under the Chairmanship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman here in Chandigarh today. The meeting was also attended by Union Minister of State for Finance Shri Pankaj Choudhary besides Finance Ministers of States & UTs and senior officers of the Ministry of Finance & […]
82 ViewsUpcoming measures to improve GST compliance will be balanced, and will not cause any hardship to genuine businesses, Central Board of Indirect Taxes and Customs (CBIC) chairman Vivek Johri said. The assurance comes at a time businesses are concerned about further tightening of rules to boost revenue collection, as central and state governments face […]
125 ViewsAs per the recent tweet by CNBC-TV18, sources says the GST Council decides to ease compliance for taxpayers. GST Council allows amendments in GSTR-3B (monthly GST return to be filed by taxpayers). GST Council agrees to ease compliance bottlenecks for e-commerce suppliersGST Council allows e-commerce suppliers to register under composition scheme, to ease registration […]
110 ViewsAs per the recent tweet by ET NOW, sources say the GST Council has agreed to allow e-commerce sellers in the composition scheme.