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27 December 2019
Non Filing of GSTR 1 till 10th January 2020 will attract a late fee of Rs 50/- per day upto the maximum of Rs 10,000.
19 October 2019
The due date for filing CMP-08 for Composition Dealers is being extended to 22 October 2019.
26 August 2019
The due date for filing Annual return in Form GSTR-9/GSTR-9A and reconciliation statement in GSTR-9C for the F.Y. 2017-18 has been extended from 31st August 2019 to 30th November 2019.
21 June 2019
In the 35th GST council meeting held on 21st June 2019, the due date of filing GST annual return i.e. GSTR 9 has been extended to 31st Aug 2019. The same has been done keeping in view the hardships being faced by tax filers in preparing and submitting GSTR 9, GSTR 9A, GSTR 9C. For details refer The Press Release.
11 May 2019
As per notification no. 23, 24/2019 dated 11-may-2019, due dates for furnishing return GSTR-1 and GSTR-3B for the month of April,2019. has been extended for registered person in specified districts of Odisha ( Angul, Balasore, Bhadrak , Cuttack , Dhenkanal , Ganjam, Jagatsinghpur, Jajpur, Kendrapara, Keonjhar, Khordha, Mayurbhanj, Nayagarh and Puri ) . the new due dates are 10th June and 20th June in respective cases, read below the attached notifications for further details GSTR1 GSTR3B
Due date of Filing GSTR 3B for the month of March 2019 has been extended to 23 April 2019.
(https://cbec-gst.gov.in/circulars.html)
28 March, 2019
94/13/2019-GST
Government has issued latest circular on 28 march 2019 to clarify the certain refund related issues and in order to ensure uniformity In the implementation of the provisions of law across the fields formation.
28 March, 2019
95/14/2019-GST
Government has issued latest circular 28 march 2019 to clarify the verification for grant of new registration. For those people who are not applying for revocation of cancellation of registration as specified in section 30 of the CGST Act read with rule 23 of the CGST Rules. Instead, these people are applying for fresh registration.
28 March, 2019
96/15/2019-GST
Government has issued latest circular 28 march 2019 to clarify issues in respect of transfer of input tax credit in case of death of sole proprietor. In case of transfer of business on account of death of sole proprietor, the transferee / successor shall file FORM GST ITC-02 in respect of the registration which is required to be cancelled on account of death of the sole proprietor. FORM GST ITC-02 is required to be filed by the transferee/successor before filing the application for cancellation of such registration. Upon acceptance by the transferee / successor, the unutilized input tax credit specified in FORM GST ITC-02 shall be credited to his electronic credit ledger.
(https://cbec-gst.gov.in/central-tax-notifications.html)
10th April, 2019
(1)Due date of filing GSTR-1 for March, 19 has been extended by two days to 13th April, 19.
notfctn-17-central-tax-english-2019 Download
(2) Due date of filing GSTR-7 for March, 19 has been extended by two days to 12th April, 19
notfctn-18-central-tax-english-2019 Download
For all due dates under Goods and Services Tax refer our GST Calendar.
29 March, 2019
The government has published these latest notifications
As per these notifications , Government has also explained the Input tax credit process for Residential Real Estate Project (RREP) and Real Estate project (REP) on or before 31st march, 2019 and after 31st march, 2019 onwards. Government introduced a wide calculations and formulas for calculation of ITC with some conditions
Government has just introduced a limit of 80% for payment of GST Under Reverse charge mechanism on input and input services, [other than services by way of grant of development rights, long term lease of land (against upfront payment in the form of premium, salami, development charges etc.) or FSI (including additional FSI), electricity, high speed diesel, motor spirit, natural gas], used in supplying the service shall be received from registered supplier only. If this condition is being not fulfilled by promoters then promoter has to pay at the end of the financial year, GST on inputs on reverse charge basis.
However this condition is not applicable on purchase of Cement from unregistered dealer. Where cement is received from an unregistered person, the promoter shall pay tax on supply of such cement at the applicable rates on reverse charge basis and all the provisions of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), shall apply to him as if he is the person liable for paying the tax in relation to such supply of cement.
28 March, 2019
15/2019-Central tax ,dt. 28-03-2019 Government has issued latest Notification on 28 march 2019 to extend the due date for furnishing Form GST ITC -04 for the period july 2017 to march 2019 till 30th june 2019 in case of goods dispatched to a job worker or received from a job worker.
24 Feb, 2019
In the 33rd adjourned meeting of GST Council held on Sunday, 24 Feb. Key recommendations were made to boost real estate sector
To read more about the council recommendations and what are afordable homes etc read more below.
https://tax2win.in/guide/33rd-gst-council-meet-news/
20 Feb, 2019
Read the highlights of 33rd GST Council Meet held on 20th February:
