CGST ACT, 2017 CGST Act 2017 also known as CENTRAL GOODS AND SERVICES TAX ACT 2017 has been Assented by the President of India on 12-4-2017 . Chapter wise sections under CGST Act 2017 are furnished below. CHAPTER I PRELIMINARY Section 1 . Short title, extent and commencement. Section 2. Definitions. CHAPTER II ADMINISTRATION Section […]
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Notification No. 1/2017 – Central Tax New Delhi, the 19th June, 2017 29 Jyaistha, 1939 Saka G.S.R. …..(E).— In exercise of the powers conferred by sub-section (3) of section 1 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government hereby appoints the 22nd day of June, 2017, as the
GST Council in the 37th meeting held on 20th September, 2019 at Goa took following decisions relating to changes in GST rates, ITC eligibility criteria, exemptions and clarifications onconnected issues. (A) EXEMPTIONS / CHANGES IN GST RATES / ITC ELIGIBILITY CRITERIA: Rate reduction sector wise: Hospitality and tourism: To reduce the rate of GST on
PRESS RELEASE (Law and Procedure related changes) 37th Meeting of the GST Council, Goa (20 September, 2019) The GST Council, in its 37th
GST Annual Return (GSTR 9/9A) is optional for those with turnover upto 2 Crores for FY 2017-18 & 2018-19 So If your Turnover is more than 2 Cores than you have to file GSTR 9/9A No Relief is given in case of GSTR 9C. IT should be filed by taxpayers having turnovers of Rs.2 Crore
New GST Returns (A new ERA of GST system) Turnaround of GST 1. What is the New GST Return System? GST council in it’s 31st meeting, decided that a New Return System under GST would be introduced for taxpayers. This return system will contain simplified return forms, for ease of filing across taxpayers registered under
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A. Due dates for Compliances under GST 11-09-19- Due date for filing GSTR-1 for m/o Aug 19 having Aggregate turnover Above Rs. 1.50/- Crore or opted to file monthly Return. 10-09-19- Due date for filing GSTR-8 (to be filed by the by the e-commerce operators required to deduct TDS) for the m/o Aug 2019. 20-09-19-
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Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 41/2019 – Central Tax New Delhi, the 31 st August, 2019 G.S.R. (E).- In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this
Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 38/2019 – Central Tax New Delhi, the 31 st August, 2019 G.S.R……(E).— In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as