IMPORTANT NOTICE Below change are applicable for G2B users In this release “Submit” API will be replaced with “Proceed to file (PTF)” in GSTR1. Now, on calling the “Procced to File” API , summary for that return period will be generated. Unlike Submit where return period freezes after doing submit, after doing Proceed to File […]
The Search HSN functionality was earlier given as a measure of facilitation to the taxpayer to search the Technical Description of any particular HSN code of any goods and/or service used in the Trade, vis-a-vis HSN description in the Customs Tariff Act, 1975. However, there are many instances of goods and services where descriptions commonly […]
CBIC-190354/207/2021-TRU Section-CBEC Government of India Ministry of Finance Department of Revenue 1. The GST Council in its 45th meeting held on 17th September, 2021 recommended to notify ‚Restaurant Service‛ under section 9(5) of the CGST Act, 2017. Accordingly, the tax on supplies of restaurant service supplied through e- commerce operators shall be paid by the […]
Due date for Form GSTR-9C, GSTR-9 extended to 28.02.2022 for FY 2020-21: The due date for furnishing annual return in FORM GSTR-9 & self-certified reconciliation statement in FORM GSTR-9C for the financial year 2020-21 has been extended from 31.12.2021 to 28.02.2022. Please find the referral link: https://cbic-gst.gov.in/pdf/central-tax/notfctn-40-central-tax-english-2021.pdf
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 21st December, 2021 No. 38/2021–Central Tax G.S.R. 875(E).—In pursuance of sub-rule (2) of rule 1 of the Central Goods and Services Tax (Eighth Amendment) Rules, 2021, No. 35/2021–Central Tax, published in the Gazette of India, Extraordinary, Part II, […]
The Goods and Services Tax Network team (GSTN team) has provided an update that the following government mandate were implemented with respect to GSP APIs Sandbox. Details of the mandate Government of India through Ministry of Finance has considered imposing penalty for late filing of various FORM GSTRs, under section 47 of the Central Goods […]
1. The blocking of E-waybill generation facility had been temporarily suspended by Government on account of Covid pandemic. In terms of Rule 138 E (a) and (b) of the CGST Rules, 2017, the E-Waybill generation facility of a person is liable to be restricted, in case the person fails to file their return in Form […]
Advisory for Taxpayers regarding Generation of EWB where the principal supply is Supply of services: 1. Representations have been received from various trade bodies stating that they are not able to generate EWB bill for movement of those goods where their principal supply is classifiable as a service, since there is no provision for generating […]
Government is taking most of the policy decisions based on the aggregate turnover of a taxpayer including filing returns, composition option, and relief in late fee, and interest during COVID period or otherwise due to any other exigency. Aggregate turnover has been defined under clause (6) of section 2 of the Act as under: “Aggregate […]
Background: In accordance with Notification No. 78/2020 – Central Tax, dated October 15, 2020, taxpayers need to declare Harmonised System of Nomenclature (HSN) Code of Goods and Services supplied by them on raising of tax invoices, with effect from 1 st April, 2021 on the below mentioned lines. 2.) It has been reported by few […]
