UTGST

GST Return Due Date Extension & Relief Measures 2.0

Goods and Services Tax - In response to outbreak of Covid-19 pandemic, the government has issued various notifications ranging from Notification No. 07/2021-Central Tax dated 27.04.2021 to Notification No. 27/2021-Central Tax dated 01.06.2021 extending certain due dates under GST and granting relief to taxpayers in terms of waiver of interest cost on delayed paym...

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GST Update – Analysis of GST Notifications issued on 1st May 2021

Goods and Services Tax - 1. Waiver of Interest for the delay in deposit of tax for the month of March and April 2021 (Notification 08/2021-Central Tax dated 01st May 2021) 1. Taxpayer having turnover of more than Rs 5 crores 15 days from the due date: – 9% of the tax payable After 15 days from the due date:- […]...

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Extension of GST Compliance due to 2nd Wave of COVID-19

Goods and Services Tax - Introduction: 1. COVID–19 situation has been absolutely alarming and the Central & State Governments alongwith local authorities are trying their level best to combat the current situation. To ease the burden, there are certain relaxations announced by the CBIC like the relaxations announced in 2020. The present note explains the re...

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Relaxations In Certain GST Compliances

Goods and Services Tax - A. GSTR 3B Reduction in rate of interest and waiver of late fees – March 21 & April 21 Vide Notification No. 08/2021 – CT dt. 01.05.2021 as well as Notification No. 01/2021 – IT read with Notification No. 09/2021 – CT dt. 01.05.2021, the relaxations are as under for the given tax period: Taxpayer […]...

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Relaxation in GST under Covid-19

Goods and Services Tax - RELAXATION IN GST COMPLIANCE’S UNDER-COVID-19 (NOTIFICATION NO. 08/2021 and 09/2021- CENTRAL TAX DATED 01.05.2021) INTEREST RATE RELIEF Turnover Tax period Due Date Interest Rate Relief Late Fee Relief More than 5cr March,21 April,21 20.04.2021 20.05.2021 First 15 Days-9% After 15 Days-18% 15 days from due date of return- No Late Fee Up...

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Relief measures for taxpayers under GST in view of COVID-19

Goods and Services Tax - In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances under Goods & Services Tax (GST) law due to the outbreak of the second wave of COVID-19 pandemic, the Government has issued notifications, all dated 1st May, 2021, providing various relief measures for taxpayers. These measures are explained b...

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CBIC issues 9 GST Notification & one Instruction on 24.06.2020

Goods and Services Tax - CBIC has issued one GST Instruction, Two IGST Notifications, 6 CGST Notifications and one UTGST Notification on 24th June 2020. Notifications are for notifying relaxation in GST Interest Rate & Late Fees with respect to Form GSTR 3B, For notifying Waiver of Late Fees for GSTR 1, Notification of Due dates of GSTR 3B, Amendment [&hellip...

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CBIC issues 43 notifications on 30th September 2019

Goods and Services Tax - CBIC issues 43 notifications on 30th September 2019 to give effect to Recommendations made by GST Council in its 37th Meeting. Most of the changes are effective from 1st October 2019 and includes changes in Custom Law, CGST, IGST and UTGST Law. Changes includes changes in Rates on certain Products and Services, Applicability of Reverse [&...

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CBIC issues 23 New notification on 29.03.2019- GST on Real Estate

Goods and Services Tax - CBIC issues 23 notifications / Orders on 29th March 2019 which related to new rate of CGST in the real estate (residential unit). Notifications relates to Rate of Tax payable on Real Estate Sector Services and Goods, Applicability of Reverse Charge Mechanism on Real Estate Goods and Services and also  Applicability of Reverse Charge Mech...

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CBIC issues 9 notification / Circulars on 07th March 2019

Goods and Services Tax - CBIC issues 9 notification/ Circulars on 07th March 2019 to give effect to Latest GST Council meeting decisions with effect from 01.04.2019 which includes increase in GST Composition Limit, Increase in GST Registration Limit, Due of GSTe 1 and GSTR 3B etc. S. No. Title Notification No. Date 1 GST Composition Scheme limit enhanced to [&hel...

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GST regime is not tax friendly & GST Website must provide easy access to Taxpayer: Bombay HC

Abicor and Binzel Technoweld Pvt. Ltd. V/s Union of India and Anr. (Bombay High Court) - A tax like Goods and Services Tax was highly publicised and termed as popular. We had yet not seen a celebration of New Tax regime, but that has followed with great hue and cry. These celebrations mean nothing. The special sessions of Parliament or special or extraordinary meetings of Council would ...

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GST on legal services lacks clarity and creating doubts: Delhi HC

J K Mittal & Company Vs. Union Of India & Ors. (Delhi High Court) - In this case Delhi High Court held that as of date there is no clarity on whether all legal services (not restricted to representational services) provided by legal practitioners and firms would be governed by the reverse charge mechanism. ...

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CBIC notifies concessional rate of UTGST on Covid-19 relief supplies

Notification No. 05/2021-Union Territory Tax (Rate) [G.S.R. 407(E).] - (14/06/2021) - CBIC provides the concessional rate of UTGST on Covid-19 relief supplies, up to and inclusive of 30th September 2021 vide Notification No. 05/2021-Union Territory Tax (Rate) | Dated: 14th June, 2021. MINISTRY OF FINANCE (Department Of Revenue) New Delhi Notification No. 05/2021-Union Territory Tax (...

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CBIC reduces UTGST rate on Covid related services till 30.09.2021

Notification No. 04/2021-Union Territory Tax (Rate) [G.S.R. 404(E)] - (14/06/2021) - Seeks to amend notification No. 11/2017- Union Territory Tax (Rate) so as to notify GST rates of various services as recommended by GST Council in its 44th meeting held on 12.06.2021. Notification No. 04/2021-Union Territory Tax (Rate) | Dated: 14th June, 2021.  MINISTRY OF FINANCE (Department Of R...

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UTGST: CBIC clarifies on Date of issuance of completion certificate

Notification No. 03/2021- Union Territory Tax (Rate) [G.S.R. 382(E)] - (02/06/2021) - Seeks to amend notification No. 06/2019- Union Territory Tax (Rate) so as to give effect to the recommended by GST Council in its 43rd meeting held on 28.05.2021 vide Notification No. 03/2021-Union territory Tax (Rate) | Dated 2nd June, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Not...

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UTGST: CBIC notifies changes in GST rate of services wef 02.06.2021

Notification No. 02/2021-Union Territory Tax (Rate) [G.S.R. 379(E)] - (02/06/2021) - Seeks to amend notification No. 11/2017- Union Territory Tax (Rate) so as to notify CGST rates of various services as recommended by GST Council in its 43rd meeting held on 28.05.2021 vide Notification No. 02/2021-Union territory Tax (Rate) | Dated 2nd June, 2021. MINISTRY OF FINANCE (Department of ...

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UTGST: CBIC notifies changes in GST rate of goods wef 02.06.2021

Notification No. 01/2021-Union territory Tax (Rate) [G.S.R. 376(E)] - (02/06/2021) - Seeks to amend notification No. 1/2017- Union Territory Tax (Rate) to prescribe change in CGST rate of goods so as to give effect to the recommended by GST Council in its 43rd meeting held on 28.05.2021 vide Notification No. 01/2021-Union territory Tax (Rate) | Dated 2nd June, 2021. MINISTRY OF FINA...

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Recent Posts in "UTGST"

CBIC notifies concessional rate of UTGST on Covid-19 relief supplies

Notification No. 05/2021-Union Territory Tax (Rate) [G.S.R. 407(E).] 14/06/2021

CBIC provides the concessional rate of UTGST on Covid-19 relief supplies, up to and inclusive of 30th September 2021 vide Notification No. 05/2021-Union Territory Tax (Rate) | Dated: 14th June, 2021. MINISTRY OF FINANCE (Department Of Revenue) New Delhi Notification No. 05/2021-Union Territory Tax (Rate) | Dated: 14th June, 2021 G.S.R. 40...

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CBIC reduces UTGST rate on Covid related services till 30.09.2021

Notification No. 04/2021-Union Territory Tax (Rate) [G.S.R. 404(E)] 14/06/2021

Seeks to amend notification No. 11/2017- Union Territory Tax (Rate) so as to notify GST rates of various services as recommended by GST Council in its 44th meeting held on 12.06.2021. Notification No. 04/2021-Union Territory Tax (Rate) | Dated: 14th June, 2021.  MINISTRY OF FINANCE (Department Of Revenue) New Delhi Notification No. 04/20...

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GST Return Due Date Extension & Relief Measures 2.0

In response to outbreak of Covid-19 pandemic, the government has issued various notifications ranging from Notification No. 07/2021-Central Tax dated 27.04.2021 to Notification No. 27/2021-Central Tax dated 01.06.2021 extending certain due dates under GST and granting relief to taxpayers in terms of waiver of interest cost on delayed paym...

Read More

UTGST: CBIC clarifies on Date of issuance of completion certificate

Notification No. 03/2021- Union Territory Tax (Rate) [G.S.R. 382(E)] 02/06/2021

Seeks to amend notification No. 06/2019- Union Territory Tax (Rate) so as to give effect to the recommended by GST Council in its 43rd meeting held on 28.05.2021 vide Notification No. 03/2021-Union territory Tax (Rate) | Dated 2nd June, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 03/2021-Union territory Ta...

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UTGST: CBIC notifies changes in GST rate of services wef 02.06.2021

Notification No. 02/2021-Union Territory Tax (Rate) [G.S.R. 379(E)] 02/06/2021

Seeks to amend notification No. 11/2017- Union Territory Tax (Rate) so as to notify CGST rates of various services as recommended by GST Council in its 43rd meeting held on 28.05.2021 vide Notification No. 02/2021-Union territory Tax (Rate) | Dated 2nd June, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 02/2...

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UTGST: CBIC notifies changes in GST rate of goods wef 02.06.2021

Notification No. 01/2021-Union territory Tax (Rate) [G.S.R. 376(E)] 02/06/2021

Seeks to amend notification No. 1/2017- Union Territory Tax (Rate) to prescribe change in CGST rate of goods so as to give effect to the recommended by GST Council in its 43rd meeting held on 28.05.2021 vide Notification No. 01/2021-Union territory Tax (Rate) | Dated 2nd June, 2021. MINISTRY OF FINANCE (Department of Revenue) New [&hellip...

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UTGST | Late GST return | Interest rate lowered for March to May 2021

Notification No. 02/2021–Union Territory Tax [G.S.R. 373(E)] 01/06/2021

CBIC provides relief by lowering of interest rate for a specified time for tax periods March, 2021 to May, 2021 vide Notification No. 02/2021–Union Territory Tax dated 1st June, 2021 to give effect to Recommendations of 43rd GST Council Meeting. Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Ta...

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GST Update – Analysis of GST Notifications issued on 1st May 2021

08/2021 09/2021 10/2021 11/2021 12/2021 13/2021 01/05/2021

1. Waiver of Interest for the delay in deposit of tax for the month of March and April 2021 (Notification 08/2021-Central Tax dated 01st May 2021) 1. Taxpayer having turnover of more than Rs 5 crores 15 days from the due date: – 9% of the tax payable After 15 days from the due date:- […]...

Read More

Extension of GST Compliance due to 2nd Wave of COVID-19

Introduction: 1. COVID–19 situation has been absolutely alarming and the Central & State Governments alongwith local authorities are trying their level best to combat the current situation. To ease the burden, there are certain relaxations announced by the CBIC like the relaxations announced in 2020. The present note explains the re...

Read More

Relaxations In Certain GST Compliances

A. GSTR 3B Reduction in rate of interest and waiver of late fees – March 21 & April 21 Vide Notification No. 08/2021 – CT dt. 01.05.2021 as well as Notification No. 01/2021 – IT read with Notification No. 09/2021 – CT dt. 01.05.2021, the relaxations are as under for the given tax period: Taxpayer […]...

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