Daily Archives: July 3, 2019

GST on Penal Interest : CBIC clarification

By CA Satbir Singh | July 3, 2019

GST on Penal Interest : CBIC clarification Summary The CBIC has clarified that any interest (or late fee or penalty) for delayed payment of any consideration charged by the supplier shall be included in the value of supply for he payment of GST. The interest component shall be considered for valuation purpose even if a… Read More »

GST Refund Compendium released by CBIC

By CA Satbir Singh | July 3, 2019

0 Comment

GST Refund Compendium by CBIC GST Refunds and Other Payments to Taxpayers Click here to Download

2 Years of GST Implementation

By CA Satbir Singh | July 3, 2019

0 Comment

2 Years of GST Implementation GST completed two years during which several milestones have been achieved. Some of them are given below (as of June 2019): Total GST Registrations has doubled up to 1.22 Cr. Total number of GST Returns filed – 28 Cr. Total number of E-Way Bill Generated – 70 Cr. Total tax… Read More »

M	T	W	T	F	S	S
1	2	3	4	5	6	7
8	9	10	11	12	13	14
15	16	17	18	19	20	21
22	23	24	25	26	27	28
29	30	31