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E-way Bill – paraphernalia to curb revenue

E-way bill had been introduced in VAT regime at the different time in different states with different nomenclature. The intention behind introducing the e-way bill was to check movement of goods. Similarly, e-way bill will be introduced from 1st of February mandatorily across the country for interstate movement of goods....

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IS ITC Available on Bike and Scooty?

Hence Bike and scooty having engine capacity more than specified limit will be covered in motor vehicle and ITC will be not eligible as per section 17(5) CGST ACT....

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How to lodge complaint/issue on GST Grievance Redressal Portal

1. Taxpayers may access the Grievance Redressal Portal for GST at 2. Enter the keyword related to issue/complain being faced by you in the Type of Issue/Concern box. ...

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Major Issue In Latest Change in GSTR-3B Filling Process

One of the change in filling process of GSTR-3B is as follow:- 1. Fill either CGST or SGST/UGST amount, other tax will get auto filled. Its means when we fill amount in CGST then SGST amount auto fill which is equal to CGST amount. In simple words we cannot fill different amount in CGST and […]...

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Advisory on Improved GSTR-3B Return Filing Process

A) Advisory to Taxpayers on Improved GSTR-3B Return Filing Process Filing of GSTR 3B Return made easier and user friendly. Optimum utilization of ITC is displayed by System, which however can be edited. The amount to be paid in cash after taking into account ITC, gets displayed. One click Challan preparation to avoid payment of […]...

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Interesting replies on FM’s Tweet on authenticity of GST Collection figures

GST Revenue Collection figures appearing in certain section of media are not authentic.Therefore,the same may be ignored.The Department of Revenue, Ministry of Finance releases authentic GST Revenue figures for every month through PIB...

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Latest Change In GSTR-3B Filling on 21-Feb-2018

1. Fill either CGST or SGST/UGST amount, other tax will get auto filled. 2. You can now save the Form on confirming details filled in the Table. You can fill balance details later. 3. Preview Form or download it for cross verifying saved details in any table(s) anytime. 4. No more Submit requirement to freeze […]...

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GST Refund in Case of Exports & Refund of Input Tax Credit in India

GST Refund: Usually when the GST paid is more than the GST liability a situation of claiming GST refund arises. A person can claim refund under section 54 of CGST Act 2017 with relevant Refund rules (Rule No. 89 to 96A). Under GST the process of claiming a refund is standardized to avoid confusion. The […]...

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Nandan Nilekani Presentation on Simplification of GST Compliance

By matched we mean legitimate invoices where the supplier has admitted tax liability by uploading the invoice on the portal This means either deny or automatically reverse credit on unmatched invoices...

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Impact of GST on sale of old and used motor vehicles

There has been a drastic change in the GST rate on sale of old and used motor vehicles. Below are the notifications issued on 25th January 2018 for the reference...

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