Goods and Services Tax notification

ACES-GST Application enhances efficacy of revenue augmentation measures

D.O. No. 34/CH(IC)/2020 (28/09/2020)

The ACES-GST Application is an in-house effective tool for monitoring of productivity and revenue collection through its Dashboards. Saransh Dashboards' available under Saksham monitors Log-in by the GST officers into the application....

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GST paid under Reverse charge is eligible for certification

File No. REV03-14023/3/2018-AC - ENFT - CCT (27/08/2020)

Andhra Pradesh: Clarification on whether the eligibility of tax paid under Reverse charge, under GST is eligible for certification of payment of Tax for the purpose of reimbursement under Industrial Investment Promotion Policy, 2015-20....

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Relief in Late Fees of GSTR-4 or 10 & Change in ITC navigation

GSTN Press Release (23/09/2020)

Relief in late fees to Taxpayers filing Form GSTR-4 or 10 and change in navigation of Comparison of liability declared and ITC claimed report I. Relief to Composition Taxpayers in late fees for delayed filing of Form GSTR-4 (Quarterly Return): a. Vide Notification No 67/2020 dated 21.09.2020, the taxpayers who were under Composition Schem...

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Late fees capped at Rs. 500 for delay in filing Form GSTR 10

Notification No. 68/2020–Central Tax/G.S.R. 573(E) (21/09/2020)

Late fees capped at Rs. 500 for delay in filing Final Return in Form GSTR 10 if it is filed between 22/09/2020 to 31/12/2020 vide Notification No. 68/2020 – Central Tax dated 21st September, 2020. A taxpayer whose GST registration has either been cancelled or surrendered is required to file GSTR-10. Rs. 500 is sum […]...

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Late fees capped at Rs. 500 for delay in filing Form GSTR-4

Notification No. 67/2020-Central Tax [G.S.R. 572(E)] (21/09/2020)

Late filling fees in case of delayed filing of GSTR-4 for the period July 2017 to March 2019 has been waived off fully in case of NIL tax liability and restricted to Rs. Rs 500 (Rs. 250 CGST + Rs. 250 SGST) per return in other case if Assessee furnishes the said return between the […]...

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GST: Time limit for issuing invoices in specified cases extended

Notification No. 66/2020-Central Tax/G.S.R. 571(E) (21/09/2020)

The time limit for issuing invoices in case of goods being sent or taken out of India on approval for sale or return, for the period from March 20, 2020 to October 30, 2020 has been extended to October 31, 2020 vide Notification No. 66/2020-Central Tax dated 21st September, 2020. Also Read: 1 » Late […]...

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CGST Chennai detected Rs. 107 crore GST credit fraud

D.O.No.33/CH(IC)/2020 (21/09/2020)

The CGST Chennai Outer Commissionerate has detected Rs. 107 crore GST credit fraud based on fake invoices valued at Rs. 740 crore issued through fictitious companies....

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Bihar Settlement of Taxation Disputes (Second) Rules, 2020

S.O. 167 (21/09/2020)

Bihar Gazette Published by Government of Bihar Patna, The 21st September 2020 S.O. 167, dated 21st September 2020–In exercise of the power conferred by sub-section (1) of section 6 of the Bihar Settlement of Taxation Disputes Ordinance, 2020, the Governor of Bihar is pleased hereby to make the following rules, namely:– 1. Short title,...

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Blocking of credits under Rule 86A ­procedure to follow

Circular No. 8/2020 (21/09/2020)

Clarifications have been sought by the Joint Commissioners of Territorial Divisions based on the inputs of the Authorised Officer under Rule 86A while undertaking blocking of credit under the said rule. Broadly, the issues faced by them are classifed as below:...

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GST: Recovery interest on net cash tax liability w.e.f. 01.07.2017: CBIC

F. No. CBEC- 20/01/08/2019-GST (18/09/2020)

For the period 01.07.2017 to 31.08.2020, field formations in your jurisdiction may be instructed to recover interest only on the net cash tax liability (i.e. that portion of the tax that has been paid by debiting the electronic cash ledger or is payable through cash ledger); and...

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September 2020