Category Archives: GST Press Release

How to use Cash/ ITC for Payment of Demand under GST

By | April 3, 2018

Utilizing Cash/ ITC for Payment of Demand 1. What is utilization of cash/ ITC for payment of demand or any other amount due about? It is about payments of non-return related liabilities created through generation of Demand ID which may be reference number of the order or application, appearing in the Electronic Liability Register (Part-II).… Read More »

Rs 17,616 crore of Refunds issued under GST : 90% of IGST eligible claims have been approved.

By | April 2, 2018

Ministry of Finance Total Rs 17,616 crore of Refunds issued under GST; 90% of IGST eligible claims have been approved. Posted On: 02 APR 2018 5:34PM by PIB Delhi In line with commitment of government to liquidate all pending GST refunds, the Central Board of Indirect Taxes and Customs (CBIC) has successfully concluded refund fortnight… Read More »

Clarification for E-way Bill System issued by Govt

By | April 1, 2018

Ministry of Finance Clarification with respect to the E-way Bill System Posted On: 31 MAR 2018 6:30PM by PIB Delhi The e-way Bill System for Inter-State movement of goods across the country is being introduced from 01st April 2018. Few clarifications regarding the new e-way bill system are as follows: Situation: -Consider a situation where… Read More »