Under CGST – Other than rate 

50/2017-Central Tax dt. 24-10-2017

No late fee for GSTR 3B return filing for Aug & Sep 2017

51/2017-Central Tax, dt. 28-10-2017

ITC-04- Declaration of goods sent to job worker – Extn of date for II qtr. to 30th Nov 2017 July to Sept 2017

Due date for filing application of registration under GST for the migrated tax payers extended to 31st Dec 2016

The shipping bill filed itself is considered as an application for refund for exporters

Where due date for GSTR1 is extended, Taxpayer(Exporter) has to fill in table 6A which will get transmitted to customs portal, This will get auto populated in GSTR-1

52/2017-Central Tax dt. 28-10-2017 

Filing of declaration in form ITC-01 is extended to 30th November 2017 for availing ITC for new tax payers registered under GST and for the Composite and exempted GST tax persons chosen to non composite and taxable person.

53/2017-Central Tax, dt. 28-10-2017

Details of goods/capital goods sent / received by job worker in form ITC-04 is extended to 30th Nov 2017

54/2017-Central Tax, dt. 30-10-2017

Due date for July’17 GSTR-2 extended to 30th Nov and GSTR-3 extended to 11th December 2017 respectively

Under CGST – On rate of tax 

40/2017-Central Tax (Rate) dt 23.10.2017 

Supplies for exports within the state between the registered persons is liable for CGST @0.5 % subject to certain conditions (Rate based as per SGST Act)

Under IGST – Rate of Tax 

41/2017-Integrated Tax (Rate), dt. 23-10-2017 

Supplies for exports between states (inter-state) the registered persons are liable for IGST @0.1 % subject to certain conditions. 

42/2017-Integrated Tax (Rate)dt. 27-10-2017

 Supply of services to Nepal and Bhutan is exempted (Note -ITC to be reversed)

Click Here to know about the Significance of Advance Tax

Author Bio

Qualification: Graduate
Company: Value Added Commercial Services / FWC
Location: Chennai, Tamil Nadu, IN
Member Since: 03 May 2017 | Total Posts: 24
A commerce graduate with over 35 years in F&A of L&T Limited. Creation of Indirect Taxation Department for a corporate and trained the team. Significant contributor in saving tax on commercials. A Go-Getter and task master with a goal for a win-win situation to all the stake holders. Won in View Full Profile

My Published Posts

More Under Goods and Services Tax

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Posts by Date

November 2020