Thursday 31 August 2017

E-WAY BILL

Every registered person who causes movement of goods of consignment value exceeding fifty thousand rupees—
(i) in relation to a supply; or
(ii) for reasons other than supply; or
(iii) due to inward supply from an unregistered person,
shall,before commencement of such movement, furnish information relating to the said goods in Part A of FORM GST EWB-01, electronically, on the common portal.

Read more: Notification No.27 /2017 – Central Tax, dated  30th August, 2017

Source: www.cbec.gov.in

Wednesday 9 August 2017

Due dates of filing GST returns for the month of July and August, 2017



Form No.
For July 2017
For Aug. 2017
Notification No.
FORM GSTR - 1
1 to 5 September 
16 to 20 September 
FORM GSTR - 2
6 to 10 September 
21 to 25 September 
FORM GSTR-3
11 to 15 September 
26 to 30 September 
FORM GSTR 3B
20th August 
20th September


Monday 7 August 2017

Rate on textile job works lowered

The Goods and Services Tax (GST) Council in its 20th meeting on Saturday decided to cut the tax rate for job work for the entire value chain of textiles sector to 5 per cent.

Read more: https://drive.google.com/open?id=0B1rRav-P4-8JU3piUDQzZG1YbFU

Source: www.cbec.gov.in/resources//.../gst/Decisions-in-20th%20-GST-council-meeting.pdf