This comes after finance ministry complained of not enough information being shared by taxpayers in the monthly GSTR forms.
The government had last month announced the fortnight-long drive from May 31 to June 14. The Central Board of Indirect Taxes and Customs CBIC extends GST refund fortnight for fast track clearance of pending dues to exporters by two days till 16th June.
The indirect taxes between the ongoing illusions regarding the introduction of Banks charge GST to the customers and customs board and custom have been clarified by issuing notes on Monday. It clearly states that in which situation the bank can recover GST for which services. The dispute was found in GST at the banking facility […]
The CBIC has also allowed clearance of GST refunds based on PAN of exporters if such refunds are held up due to mismatch in GSTIN mentioned in shipping bill and return forms.
The GST Council is likely to bring in two petroleum products – aviation turbine fuel, natural gas under the GST at its next meeting, a senior government official told .
The state government has already Waives off GST on langar to purchase of Food items. The Shiromani Gurdwara Parbandhak Committee (SGPC) on 01 June welcomed the Centre’s move to Waives off GST on langar food products .
Finance ministry says the remaining states E-way bill will be Mandatory From 3 June. New Delhi: E-way bill will be Mandatory for All Indian states and union territories for Both (Inter- State, Intra- State) movement of goods after Tomorrow.
Total 62.46 lakh businesses filed their summary sales return Form GSTR-3B in the month of May 2018. New Delhi, Riding on better compliance after introduction of e-way bills, In May, the GST monthly collections came at Rs 94,016 crore, Ministry of Finance said in a notification. Against an average mop up of nearly Rs 90,000 […]
PATNA: Bihar Deputy Chief Minister Sushil Kumar Modi on Saturday asserted that including petroleum products under GST will not have much impact in reducing its prices.