Goods and Services Tax notification

Collection of tax at source (TCS) under GST by Tea Board of India

Circular No. 74/48/2018-GST (05/11/2018)

Tea Board of India, being the operator of the electronic auction system for trading of tea across the country including for collection and settlement of payments, admittedly falls under the category of electronic commerce operator liable to collect Tax at Source (TCS) in accordance with the provisions of section 52 of the Central Goods an...

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Scope of principal & agent relationship in context of del-credere agent

Circular No. 73/47/2018-GST (05/11/2018)

Concerns have been expressed regarding the valuation of supplies from Principal to recipient where the payment for such supply is being discharged by the recipient through the loan provided by DCA or by the DCA himself. Issues arising out of such loan arrangement have been examined and the clarifications on the same are as below:...

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No TDS under GST on supply from PSU to PSU

Notification No. 61/2018 – Central Tax (05/11/2018)

CBIC exempt supply of Goods and Services from PSU to PSU from applicability of provisions relating to TDS vide Notification No. 61/2018 – Central Tax Dated 5th November, 2018....

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GST Helpdesks set-up by CBIC for MSMEs

F.No. 349/94/2017-GST(Pt) (01/11/2018)

It has been now decided that all grievances raised by MSMEs have to be recorded and processed. In order to achieve the same, a Feedback and Action Room (FAR) is required to be set-up. It has also been decided that DGGST would be the nodal agency to run the said FAR. ...

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Scale up facilitation measures for MSME sector benefit: CBIC Chairman

D.O.No.19/CH(IC)/2018 (02/11/2018)

All nodal officers of CBIC reached out to MSME sector across 8o MSME Cluster locations in India to provide a conducive environment for their growth. I am confident that all our Zonal Chief Commissioners shall take this opportunity to scale up the facilitation measures for the benefit of the MSME sector. ...

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MVAT: e-CST module in MAHAGST portal modified to address issues

Trade Circular No. 31T of 2018 (31/10/2018)

The department has received representations from trade, stating difficulties in obtaining e-CST declarations/certiticates for period 2016-17 due to incorrect entries filed by dealer while filing annual returns u/s 20(4)(b) of MVAT Act, 2002.The present e-CST module in MAHAGST portal is modified to address above mentioned issue...

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Rules, Pattern and Syllabus for GST Practitioners (GSTP) Examination

Notification No. 60/2018-Central Tax (30/10/2018)

Examination of Goods and Services Tax Practitioners.- (1) Every person referred to in clause (b) of sub-rule (1) of rule 83 and who is enrolled as a goods and services tax practitioner under sub-rule (2) of the said rule, shall pass an examination as per sub-rule (3) of the said rule....

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When ITC has to be blocked/unblocked from Electronic credit ledger

Memo No. 3555/GST-2 (30/10/2018)

The functionality of blocking and unblocking Input Tax Credit is an important tool for safeguarding the Government revenue particularly in cases of fraudulent activities by the taxpayers. So the jurisdictional officers are hereby directed to use this functionality for blocking/unblocking Input Tax Credit under the following situations:-...

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Creation of GST Helpdesks for MSME sector to support MSMEs

F.No. 349/94/2017-GST(Pt) (29/10/2018)

Government of India is launching a program on 02nd November, 2018 at Vigyan Bhawan to support MSMEs and to reach out to them wherein Department of Financial Services will be the nodal agency to monitor overall progress. ...

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Procedure in respect of GST return of time expired drugs or medicines

Circular No. 72/46/2018-GST (26/10/2018)

CBIC issues clarification on the procedure to be followed in respect of return of time expired drugs or medicines under the GST laws vide Circular No. 72/46/2018-GST Dated 26th October, 2018....

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