Monthly Archives: July 2017

CBEC- GST Software for Commissioner and Other Supervisory Officers

By | July 22, 2017

CBEC- GST Software for Commissioner and Other Supervisory Officers Related Topic on GST Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars  GST Judgments GST Judgments GST Press Release GST Press… Read More »

Know Your Jurisdiction under GST

By | July 22, 2017

Know Your Jurisdiction under GST Click on Link to Know Your Jurisdiction under GST Related Topic on GST Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars  GST Judgments GST Judgments GST Press… Read More »

Date Extended for filing option for composition scheme under GST : Order No. 01/2017- GST Dated 21st July 2017

By | July 21, 2017

F. No. 345/114/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs GST Policy Wing New Delhi, the 21st July, 2017 Order No. 01/2017-GST Subject: Extension of time limit for filing intimation for composition levy under sub rule (1) of rule 3 of the CGST Rules, 2017 In exercise of… Read More »

Demonitization : Rs. 5400 crore detected , 1100 searches , 5100 notices by Income tax depdt

By | July 21, 2017

Demonitization: From 9th November 2016 to 10th January 2017, more than 1100 searches and surveys were conducted by the ITD; more than more than 5100 verification notices issued; The undisclosed income detected in these actions was more than Rs. 5400 crore. Disclosure of information regarding law flouters/specific taxpayers is prohibited except as provided under Section… Read More »

GST Feedback and Action Room (FAR) w.e.f. 26-06-2017

By | July 21, 2017

Government constitutes a GST Feedback and Action Room (FAR) w.e.f. 26-06-2017 to review the information, calls, media inputs etc received from Ministries, State Governments, field formations, social media, news channels, emails etc  To reply the queries of the taxpayers and tax officials and to deal with issues related to the implementation of Goods and Services… Read More »

Impact of GST  : Govt constituted Central Monitoring Committee

By | July 21, 2017

Government has constituted a Central Monitoring Committee headed by the Cabinet Secretary to monitor the impact of GST  The Government of India has setup a Central Monitoring Committee headed by the Cabinet Secretary. Three meetings of the Central Monitoring Committee have been held on 2nd July, 11th July and 18th July. The reports include the… Read More »

Centrally Sponsored Schemes – sunset date for all schemes 

By | July 21, 2017

Centrally Sponsored Schemes – sunset date for all schemes  There are 28 Centrally Sponsored Schemes running across the country. All 28 Centrally Sponsored Schemes have sunset dates except Mahatma Gandhi National Rural Employment Guarantee Scheme of the Ministry of Rural Development, which is under Mahatma Gandhi Rural Employment Guarantee Act. In para-110 of the Budget… Read More »

GST Advance Ruling Mechanism : Analysis

By | July 21, 2017

GST Advance Ruling Mechanism Introduction An advance ruling helps the applicant in planning his activities which are liable for payment of GST, well in advance. It also brings certainty in determining the tax liability, as the ruling given by the Authority for Advance Ruling is binding on the applicant as well as Government authorities. Further,… Read More »