GST Corner

Embassies and UN Organizations are Filing Wrong Information of Place of Supply in Form GSTR-11 under Rule 82 of CGST Rules, 2017

·   Place of Supply means where Goods will be Delivered According to Invoice, not where Firm/Entity is Registered

·   Same State Supplier and Place of Supply then CGST + SGST is Charged, Different States then IGST is Charged

CBIC Press Release dated 9th November 2018

GST Refund Rs. 82,775 crs Claimed by CBIC as on 31 Oct 2018

·   ITC Refund Due under RFD-01A is High Rs. 2,146 crs for States

CBIC Press Release dated 8th November 2018

Agent (DCA or Del-Credere) Liability for GST Clarified

Circular No. 73/47/2018-GST Dated 5th November, 2018

In GST Supply Chain Charge First Order Seller for Goods Value and Second Order for Service Rendered

Circular No. 74/48/2018-GST Dated the 5th November, 2018

TDS Exempted on Supply from PSU to PSU from 1 Oct. 2018

Notification No. 61/2018 - Central Tax Dated 5th November, 2018

GST Practitioners to Pass NACIN Exam within Two years of Registration

·    Computer Based Multiple Choice Question Paper of 2.5 hrs Prescribed

Notification No. 60/2018 – Central Tax dated 30 October 2018

GOI Reaches out State MSME on GST

F.No.349/94/2017-GST(Pt), GST Policy Wing dated 29.10.2018

Refund Claim in Deficiency Memo Cases – No Re-credit in Ledger – Refund Application to be Accepted under earlier Application Reference Number (ARN)

·   IGST Refund Allowed in EPCG Cases even during the period 13 Oct 2017-9 Oct 2018

Circular No. 70/44/2018 –GST dated 26 October 2018

Clarification of Casual Taxable Person (CTP)

·   Advance GST for CTP on Net Basis after ITC Credit

·   CTP will be Treated as Normal Taxable Person after 180 days

·   Excess Credit Distributed by ISD to be Voluntarily Deposited Back with Interest in Form DRC-07

Circular No. 71/45/2018-GST dated 26 October 2018

Credit Note Issue for Expired Drugs Clarified

·   Time expired drugs or medicines under the GST laws

·   Return of time expired goods to be treated as fresh supply

·   Return of time expired goods by issuing Credit Note

·   Issuing a delivery challan

·   Credit note is issued within the time limit specified in sub-section (2) of section 34 of the CGST Act, the tax liability may be adjusted by the supplier

·   Time limit specified in sub-section (2) of section 34 of the CGST Act has lapsed but the tax liability cannot be adjusted by him in his hands

·   There is no requirement to declare such credit note on the common portal by the supplier

·   where the time expired goods, which have been returned by the retailer/wholesaler, are destroyed by the manufacturer, he/she is required to reverse the ITC attributable to the manufacture of such goods

Circular No. 72/46/2018-GST dated 26 October 2018

Cancellation of GST Registration Procedure Specified

Circular No. 69/43/2018-GST dated 26 October 2018

GST ITC-04 Time Limit Extended to 31 December 2018 for Job Worker Movements during July 2017-Sept 2018

Notification No. 59/2018 – Central Tax dated 26 October 2018

Final Return of Cancelled Registration Cases in GSTR-10 before 31 Dec. 2018

Notification No. 58/2018 – Central Tax dated 26 October 2018

Post Audit Authorities under MoD from TDS Compliance Exempted under TDS Section 51(1) of CGST Act, 2017

Notification No. 57/2018 – Central Tax dated 23 October 2018

Inter-State Supplies of Handicraft Goods Exempted from CGST Registration

·   No E-Way Bill Exemption

Notification No. 56/2018 – Central Tax dated 23 October 2018

Last Date for GSTR-3B Filing Extended to 25 Oct’2018 for GST Period July 2017 - March 2018

Notification No. 55/2018 – Central Tax dated 21 October 2018

Inter-State Supplies of Handicraft Goods Exempted from GST Registration

·    No E-Way Bill Exemption

·    Required to obtain a Permanent Account Number and generate an e-way bill in accordance with the provisions of rule 138 of the Central Goods and Services Tax Rules, 2017

Notification No. 3/2018 – Integrated Tax dated 22 October 2018

Last Date for GSTR-3B Filing Extended to 31 Dec. from 30 Sept 2018 for New Migrants to Enable them to Claim Credit for 2017-18

·    GSTR 2A Review of Purchases, Reconciliation for Credit can be done in subsequent period after 3B filing

MoF Press Release dated 18.10.2018

Quarterly Return Filing by Composition Dealers in FORM GSTR-4 – MoF Clarification

·    Taxpayers who have opted to pay tax under the composition levy shall not furnish the data in serial number 4A of Table 4 of FORM GSTR-4.

MoF Press Release dated 17 October 2018

Clarifications of GST Refund

MoF Press Release dated 12 October 2018

Amendments in CGST Rules 2017

·    Rule 96(10) to allow exporters who have received capital goods under the EPCG scheme to claim refund of the IGST paid on exports and align rule 89(4B) to make it consistent with rule 96(10).

·    Rule 89 - Application for refund of tax, interest, penalty, fees or any other amount

·    Rule 96 - Refund of integrated tax paid on goods or services exported out of India

Notification No. 54/2018 – Central Tax dated 9 October 2018

CGST Rules 2017 Amended

·    Rule 96 - Refund of integrated tax paid on goods or services exported out of India

Notification No. 53/2018 – Central Tax dated 9 October 2018

IGST Refund not Granted Due to Claiming Higher Rate of Drawback or where Higher Rate and Lower Rate were Identical

CBIC Circular No. 37/2018-Customs dated 9 October 2018

UN Agencies are Entitled to Refund of Compensation Cess on Intra-State and Inter-State Supply of Goods or Services under Sec. 55 of CGST Act, 2017

Circular No. 68/42/2018-GST dated 5 October 2018

Online Registration and Filing of Claims, by Eligible Units for Disbursal of Budgetary Support under GST Regime

·    States of Jammu & Kashmir, Uttarakhand, Himachal Pradesh and North East including Sikkim

Circular No.1067/6 /2018-CX Dated 5th October, 2018

Eight Digit Accounting Code for GST TDS Introduced

Circular No. 67/41/2018-DOR dated 28 September 2018

No GST on Fees for Yoga Camp for Income Tax Exempt Entities

Circular No. 66/40/2018-GST dated 26 September 2018

E-Commerce Operators to Collect 1% GST in All Transactions

52-CT/20.09.2018
02-IGST/20.09.2018

Joint Ventures of Government through Subsidiaries also covered for Exemption of Lease Rentals for Industrial Promotion

23-CT(Rate)/20.09.2018
24-IGST(Rate)/20.09.2018

Last Date for Submission of Declaration in TRAN-1 Form Extended to 31 Jan 2019

·    Date Extended Dye to Failure of GSTN Portal

Order No. 4/2018-GST dated 17 September 2018

2% TDS for GST on Value to be Deducted on All Payments above Rs. 2.50 lakhs from 1 Oct, 2018

·    Guidelines for Deductions and Deposits of TDS under GST by DDO (Drawing and Disbursing Officer)

CGST Circular No. 65 dated 14th September 2018

E-way Bill Proceedings under Sec 129 of CGST Act, 2017

·    E-way Bill Invalid if Transport Detail in Part B not Furnished

·    Invoice is not an E-way Bill, Sec 129 Proceeding to Attracted

·    Minor Errors like Wrong Address but Locality Correct

·    Error in 4 or 6 Digit Level of HSN where the first 2 digits of HSN are correct

·    Error in One or Two Digits/Characters of the Vehicle Number

·    Penalty to the tune of Rs 500/- each under section 125 of the CGST Act and the respective State GST Act should be imposed (Rs.1000/- under the IGST Act) in FORM GST DRC-07 for every consignment

CGST Circular No. 64 dated 14th September 2018

Processing of GST Refund Claim by UIN Entities – CBIC Clarification

CGST Circular No. 63 dated 14th September 2018

Section 52 of CGST Act, 2017 Relating to TCS come into force from 1 Oct 2018

Central Tax Notification No. 51 dated 13th September 2018

Section 51(1) on Tax Deduction at Source of CGST Act, 2017 to come into force on 1 Oct 2018

Central Tax Notification No. 50 dated 13th September 2018

New Form GSTR-9C under Rule 80(3) of CGST Rules, 2017 Issued for Annual Return Reconciliation Statement

Central Tax Notification No. 49 dated 13th September 2018

12% GST will be Paid on Priority Sector Lending Certificates (PSLCs) for the Period 1 July 2017 to 27 May 2018 by Seller Bank on Forward Charge Basis – CBIC Clarifies

CGST Circular No. 62 dated 12th September 2018

Due Dates for Filing of FORM GSTR-1 and FORM GSTR-3B Extended

MoF Press Release dated 10.09.2018

GSTR-1 Quarterly Last Date Filing Date Extended

·      July-Sept 2017 to 31 Oct 2018

·      Oct-Dec 2017 to 31 Oct 2018

·      Jan-March 2018 to 31 Oct 2018

·      Apr-Jun 2018 to 31 Oct 2018

·      Jul-Sept 2018 to 31 Oct 2018

·      Oct-Dec 2018 to 31 Jan 2019

·      Jan-Mar 2019 to 30 Apr 2019

Notification No. 43/2018 – Central Tax dated 10 September 2018

GSTR-1 Filing Date Extended to 11th of Succeeding Month for the Month of July ’17 - Sept 2018 till 31 Oct 2018 for Units Turnover above Rs. 1.5 crs

Notification No. 44 /2018 – Central Tax dated 10 September 2018

GSTR-3B Return Filing –Taxpayers who have Obtained GSTIN Number to File Electronically thru Common Portal on or before 31 Dec 2018

Notification No. 45/2018 – Central Tax dated 10 September 2018

GSTR-3B Online Filing Date

Notification No. 46/2018 – Central Tax dated 10 September 2018

Taxpayers who have Obtained Goods and Services Tax Identification Number (GSTIN) to File Form GSTR-3B  Electronically thru Common Portal on or before 31 December 2018

Notification No. 47/2018 – Central Tax dated 10 September 2018

Amendments in CGST Rules, 2017

·      Rule 117 - Tax or duty credit carried forward under any existing law or on goods held in stock on the appointed day

·      Rule 142- Notice and order for demand of amounts payable under the Act

Notification No. 48 /2018 – Central Tax dated 10 September 2018

E-way Bill in Case of Storing of Goods in Godown of Transporter

Circular No. 61/35/2018-GST dated 4 September 2018

Procedures for Filing and Processing Refund Claims by Canteen Stores Department (CSD) – CBIC Clarification

Circular No. 60/34/2018-GST dated 4 September 2018

CBIC Clarifications on Refund on Exports

Circular No. 59/33/2018-GST dated 4 September 2018

CENVAT Credit Wrongly Availed under Transitional Credit in GST

Circular No. 58/32/2018-GST dated 4 September 2018

CBIC Clarifies the Term ‘Agent’ for GST Liability where there is no Consideration as such under CGST Act, 2017

Circular No. 57/31/2018-GST dated 4 September 2018

Amendments in CGST Rules, 2017

·   Rule 22 – Cancellation of Registration

·   Dropping of Cancellation of Registration Procedure

·   Rule 36 - Documentary requirements and conditions for claiming input tax credit

·   ITC eligible as long as 4 parameters detail in supply available

·   Rule 55 - Transportation of goods without issue of invoice

·   Batches or Lots Supply Recognised along with CKD

·   Rule 89 - Application for refund of tax, interest, penalty, fees or any other amount

·   Adjusted Total Turnover Defined

·   Rule 96. Refund of integrated tax paid on goods or services exported out of India

·   Denial in Cases where 48/2017(GST), 40/2017 (GST), 41/2017 (GST) or 78/2017 (Cus), 79/2017 (Cus) is Availed

·   Rule 138A. Documents and Devices to be Carried by a Person-in-Charge of a Conveyance

·   E-way Bill – Driver must Carry Entry Copy

·   FORM GST REG-20

·   FORM GST ITC-04

·   FORM GSTR-9 (See rule 80) Annual Return

·   FORM GSTR-9A (See rule 80) Annual Return (For Composition Taxpayer

·  FORM GST EWB-01

Notification No. 39/2018 – Central Tax dated 4 September 2018

Time Limit for Making Declaration in Form GST ITC-01 and Form GST-CMP-04 (2 March, 31 March 2018) Extended for a Period of 30 Days

Notification No.42/2018 – Central Tax dated 4 September 2018

Late Fee Waived for GSTR-3B, GSTR-4 and GSTR-6

Notification No. 41/2018 – Central Tax dated 4 September 2018

Time Limit for Declaration in Form GST ITC-04 for the Period July 2017 to June 2018 Extended till 30 Sept 2018

Notification No. 40/2018 – Central Tax dated 4 September 2018

TRU Clarification of Refund of Accumulated ITC on Fabrics by 5/2017 dated 28.06.2017

CBIC Circular No.56/30/2018-GST dated 24 August 2018

Last Date for Filing GSTR-3B and GSTR-1 by Taxpayers in Kerala, Kodagu (Karnataka) and Puducherry Extended till Oct-Nov 2018

Notification No. 36 to 38/2018 – Central Tax dated 24 August 2018

Last Date for Filing GSTR-3B and GSTR-1 by Taxpayers in Kerala Extended to Oct-Nov

MoF Press Release 21 August 2018

Last Date for Filing GSTR-3B for July, 2018 Extended till 24th August, 2018 for All Class of Taxpayers

Notification No. 35/2018 – Central Tax dated 21 August 2018

Ten Member Standing Committee for Consumer Welfare Fund Constituted under Sec. 97(4) of CGST Rules, 2017 and Sec.168 of CGST Act, 2017

03-CT/16.08.2018

IGST Amendment Bill Introduced in Lok Sabha to Implement GST Council Decisions

Lok Sabha

CGST Amendment Bill Introduced in Lok Sabha to Implement GST Council Decisions

Lok Sabha

Compensation Cess Amendment Bill Introduced in Lok Sabha to Implement GST Council Decisions

Lok Sabha

GSTN to Monitor GSTR-1 and 3B for Tax Evaders

PIB Delhi Press Release dated 10th August 2018

GSTR-1 Filing Date Extended to 11th of Succeeding Month for the Month of July 2018 to March 2019 for Units Turnover above Rs. 1.5 crs

Notification No. 32 /2018 – Central Tax dated 10 August 2018

GSTR-1 Quarterly Last Date Filing Date Extended

·    July-Sept 2018 to 31 Oct 2018

·    Oct-Dec 2018 to 31 Jan 2019

·    Jan-March 2019 to 30 Apr 2019

Notification No. 33/2018 – Central Tax dated 10 August 2018

GSTR-3B Last Date Extended to 20th Day of Next Month in July 2018 to March 2019 Period

Notification No. 34/2018 – Central Tax dated 10 August 2018

GST Applicable on Goods and Services – CBIC Clarification

·      Fortified Toned Milk

·      Refined beet and cane sugar

·      Tamarind Kernel Powder (Modified & Un-Modified form)

·      Drinking water

·      Plasma products

·      Wipes using spun lace non-woven fabric

·      Real Zari Kasab (Thread)

·      Marine Engine

·      Quilt and comforter

·      Bus body building as supply of motor vehicle or job work

·      Disc Brake Pad

Circular No.52/26/2018-GST dated 9 August 2018

GST Applicable only on Petroleum Gases retained by Users

Circular No.53/27/2018-GST dated 9 August 2018

Only Fertilisers Supplied for Use as Fertilisers or in Manufacture of Complex Fertilisers to Attract only 5% GST

·      Other Fertilisers used for other than Agri Purposes to be Charged 18% GST

Circular No. 54/28/2018-GST dated 9 August 2018

Services Provided by Private ITIs Exempted for Coaching in Designated Trade from GST – CBIC Clarification

Circular No. 55/29/2018- GST dated 10 August 2018

GST Collections on the Rise, Crosses 96K crs Mark in July 2018

PIB Delhi Press Release dated 10th August 2018

GST Registration - Special Procedure for Completion of Migration of Taxpayers who Received Provisional IDs but could not Complete the Migration Process – Window Opened for GSTIN in Provisional IDs Cases

·      Exemption to Payment under Reverse Charge Extended to 30.09.2019

Notification No. 31/2018 – Central Tax dated 6 August 2018

Supplies from Unregistered Supplier to Registered Recipient for Intra State Supplies Exemption Extended by One Year till 30 Sept. 2019

Notification No. 22/2018 – Central Tax (Rate) dated 6 August 2018

Payment of Tax under Section 5(4) of IGST Act, 2017 – Date Extended to 30 Sept 2019 from 30 Sept 2018

Notification No. 23/2018 – Integrated Tax (Rate) dated 6 August 2018

5% GST without ITC on Food or Drink Supply by College Hostel Mess to Students and Staff included in Notification – Circular Withdrawn

CBIC Circular No. 50/24/2018-GST dated 31 July 2018

Ambulance Services provided by Private Parties to the Government is Exempted from GST under National Health Mission – CBIC Clarification

Circular No. 51/25/2018-GST dated 31 July 2018

Input Service Distributors to File GSTR-6 by 30 Sept for July 2017-August 2018 Period

Notification No. 30/2018 – Central Tax dated 30 July 2018

GST, IGST and Compensation Rates Changes Recommended by GST Council in its 28th Meeting on 21 July 2018 – Effective from 27 July 2018

·   GST Rates Reduction On Several Goods and for Specified Handicraft Items

·   GST rates have been recommended to be brought down to Nil on Sanitary Napkins, Rakhi and more Goods

·   Recommends for Allowing Refund to Fabrics on Account of Inverted Duty Structure

·   Rate Change Made in Respect of Footwear

 

12% IGST Rates on Handicraft Items

Seeks to prescribe concessional IGST rate on specified handicraft items, to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

22/2018-Integrated Tax (Rate), dt. 26-07-2018

Textile and Railway Goods List without Refund of Unutilised ITC

Seeks to amend Notification 05/2017-Integrated Tax (Rate), dt. 28-06-2017 to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

21/2018-Integrated Tax (Rate), dt. 26-07-2018

Exempt IGST Goods at Zero Rate

Seeks to amend Notification 02/2017-Integrated Tax (Rate), dt. 28-06-2017 to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

20/2018-Integrated Tax (Rate), dt. 26-07-2018

IGST (Goods) Jumbo Notification

Seeks to amend Notification 01/2017-Integrated Tax (Rate), dt. 28-06-2017 to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

19/2018-Integrated Tax (Rate), dt. 26-07-2018

IGST Services Jumbo Notification with General Rates

Seeks to insert explanation in an item in notification No. 8/2017 – Integrated Tax (Rate) by exercising powers conferred under section 6(3) of IGST Act, 2017.

18/2018-Integrated Tax (Rate), dt. 26-07-2018

Panchayat Functions by Government as Neither Supply of Goods or Services under Sec 20(i) of IGST Act, 2017

Seeks to amend notification No. 11/2017- Integrated Tax (Rate) to notify that services by way of any activity in relation to a function entrusted to a municipality under Article 243W shall be treated neither as a supply of good nor a service.

17/2018-Integrated Tax (Rate), dt. 26-07-2018

Services on Reverse Charge

Seeks to amend notification No. 10/2017- Integrated Tax (Rate) so as to specify services supplied by individual Direct Selling Agents (DSAs) to banks/ non-banking financial company (NBFCs) to be taxed under Reverse Charge Mechanism (RCM).

16/2018-Integrated Tax (Rate), dt. 26-07-2018

IGST Services Exemption Notification

Seeks to amend notification No. 9/2017- Integrated Tax (Rate) so as to exempt certain services as recommended by Goods and Services Tax Council in its 28th meeting held on 21.07.2018.

15/2018-Integrated Tax (Rate), dt. 26-07-2018

IGST Services Jumbo Notification with General Rates

Seeks to amend notification No. 8/2017- Integrated Tax (Rate) so as to notify IGST rates of various services as recommended by Goods and Services Tax Council in its 28th meeting held on 21.07.2018.

14/2018-Integrated Tax (Rate), dt. 26-07-2018

GST Compensation Cess

Seeks to amend Notification No. 1/2017 -Compensation Cess (Rate) dated 28.06.2017 to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

02/2018-Compensation Cess (Rate), dt. 26-07-2018

Seeks to prescribe concessional CGST rate on specified handicraft items, to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

21/2018-Central Tax (Rate), dt. 26-07-2018

Seeks to amend Notification No 05/2017-Central Tax (Rate), dt. 28-06-2017 to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

20/2018-Central Tax (Rate), dt. 26-07-2018

Seeks to amend Notification No. 02/2017-Central Tax (Rate), dt. 28-06-2017 to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

19/2018-Central Tax (Rate), dt. 26-07-2018

Seeks to amend Notification No. 01/2017-Central Tax (Rate), dt. 28-06-2017 to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

18/2018-Central Tax (Rate), dt. 26-07-2018

Seeks to insert explanation in an item in notification No. 11/2017 – Central Tax (Rate) by exercising powers conferred under section 11(3) of CGST Act, 2017.

17/2018-Central Tax (Rate), dt. 26-07-2018

Seeks to amend notification No. 14/2017- Central Tax (Rate) to notify that services by way of any activity in relation to a function entrusted to a municipality under Article 243W shall be treated neither as a supply of good nor a service.

16/2018-Central Tax (Rate), dt. 26-07-2018

Seeks to amend notification No. 13/2017- Central Tax (Rate) so as to specify services supplied by individual Direct Selling Agents (DSAs) to banks/ non-banking financial company (NBFCs) to be taxed under Reverse Charge Mechanism (RCM).

15/2018-Central Tax (Rate), dt. 26-07-2018

Seeks to amend notification No. 12/2017- Central Tax (Rate) so as to exempt certain services as recommended by Goods and Services Tax Council in its 28th meeting held on 21.07.2018

14/2018-Central Tax (Rate), dt. 26-07-2018

Seeks to amend notification No. 11/2017- Central Tax (Rate) so as to notify CGST rates of various services as recommended by Goods and Services Tax Council in its 28th meeting held on 21.07.2018.

13/2018-Central Tax (Rate), dt. 26-07-2018

IGST in Fertilizers to Apply Only on the Pool in Price and not Transaction Value

Notification No. 55/2018 –Customs dated 26 July 2018

Recommendations Made by the GST Council in its 28th Meeting at New Delhi on 21 July, 2018

·    GST Rates Reduction On Several Goods and for Specified Handicraft Items

·    GST rates have been recommended to be brought down to Nil on Sanitary Napkins, Rakhi and more Goods

·    Recommends for Allowing Refund to Fabrics on Account of Inverted Duty Structure

·    Rate Change Made in Respect of Footwear

PIB (MoF) Press Release dated 21 July 2018

Recommendations for Changes in CGST Act, 2017, IGST Act, 2017, UTGST Act 2017, and GST (Compensation to States) Act, 2017

ABS News Service/23 July 2018

GST Rate on Services

ABS News Service/23 July 2018

GST Council Approves Simplified GST Return

ABS News Service/23 July 2018

GST Council Approves Opening of Migration Window for Tax Payers till 31st August, 2018

ABS News Service/23 July 2018

GST Sanctions by Accounts should be Completed on the Same Day says Chief Controller of Accounts, CBIC

·    Payment Advises to be sent on the same Day Too

Office Memorandum dated 19 July 2018

GST Drawback Scheme Likely from Oct 1 as Exports Slip

ABS News Service/21.07.2018

Nodal Officers Nominated for Implementation of E-way Bill System

Press Release dated 18 July 2018

CBIC to Observe Third Refund Fortnight from 16 to 30 July to Clear Pending Refunds

ABS News Service/17.07.2018

CGST Delhi North Commissionerate Arrests Director of a Company for Evasion of Service Tax

ABS News Service/13.07.2018

38 Changes Proposed in the CGST Act, 6 Changes in IGST and Two in GST Compensation Act

ABS News Service/10.07.2018

GST Discount on Digital Payments Deferred

ABS News Service/10.07.2018

DG Safeguards Renamed as Director General of Anti-profiteering under CGST Rules 2017

Notification No. 29/2018 – Central Tax dated 6 July 2018

Reverse Charge Mechanism and GST Discount on Digital Payment to be Finalised in 21 July Meeting

ABS News Service/05.07.2018

Defence against Writ Petitions relating to GST

CBIC Instruction dated 4 July 2018

Government Celebrates First GST Day

·    Finance Minister and Industry Stalwarts Commemorate the First Year of the Unprecedented Reform of Indian Taxation

·    Indirect Tax Collections Increase by 11.9%

·    1.5% Increase Expected in the Non-Oil Category, Post GST Roll-Out: Arun Jaitley

ABS News Service/03.07.2018

Rs 95,610 crore of Total Gross Revenue Collected in June 2018 as Compared to Last Month’s Revenue of Rs. 94,016 crore

·    Monthly Average of GST Collection in the Last Financial Year was Rs. 89,885 crore

·    GST Revenue Collection for June 2018

Press Release dated 1 June 2018

S. Ramesh Takes Over as Chairman CBIC, Vanaja Retires after Giving Birth to GST

Ministry of Finance Press Release dated 30.06.2018

Deduction of TDS in GST Suspended for Three Months till 30 Sept 2018

Press Release dated 29 June 2018

One Year of GST

CBIC Press Release dated 30 June 2018

Rakesh Agarwal from GST Council Selected for Award

F.No. 503/25/2018-T dated 27.06.2018

Supplies from Unregistered Supplier to Registered Recipient for Intra State Supplies Exemption Extended by three months Till 30 Sept. 2018

Notification No. 12/2018 – Central Tax (Rate) dated 29 June 2018

Payment of Tax under Section 5(4) of IGST Act, 2017 Date Extended to 30 September 2018 from 30 June 2018

Notification No.13/2018– Integrated Tax (Rate) dated 29 June 2018

28th GST Council Meeting to be Held on 21 July 2018

ABS News Service/29.06.2018

E-way Bill Simplified, Inspection to be Completed in “Three Continuous Days” and not “Three Working Days”

·    Only Single Verification of Conveyance in Each State, Multiple Inspection by Different Agencies not Allowed

·    Hard Copies of Documents Attached by the Agencies will be Accepted by Other Tax Authorities, No Separate Authority-to-Authority Communication Required

·    Detention only for Portion of Suspected Goods Violating GST, Entire Consignment not to be Detained

·    Date Format Introduced in Release Order in GST MOV-05

49-GST/21.06.2018

Govt Claims IGST Refund of Rs. 6087 Crs by Mid June in Special Refund Fortnight Week, Total Refunds of Rs. 38062 crs Sanctioned till 16 June

Min of Finance Press Release dated 20 June 2018

Transporters can Get Unique Common Enrolment Number (UCEN) to Substitute Multiple GSTIN for Different States

·    New Form GST ENR-02 Released

28-CT/19.06.2018

Services to SEZ will be Treated as Inter-State Supply to be Covered under IGST

·    Services Supply to SEZ Unit will be Treated as Zero Rated Supply only for Authorised Operations of Unit

·    Fabric Processors as Job Workers can Get Refund of Inverted Duty since they are in Services Sector

·    Inverted Duty Provision under Section 54(3) of CGST is Only for Goods

Circular No. 48/22/2018-GST dated 14 June 2018

CGST Rules, 2017 Amended

New Forms Prescribed for Fortnightly Return in Composition Revenue and Refund Applications RFD-01

26-CT/13.06.2018

Disposal within One Month Notified for Seized Goods under Section 67(2) of GST Act

27-CT/13.06.2018

All Transferable Scrips to Attract 12% GST, Full Exemption on Exim Scrips. Residual Rate of 18% Not to Apply

Circular No. 46/20/2018-GST dated 6 June 2018

Moulds and Dies for Job Work without Consideration not Liable to GST

·    Goods Supply and Services Supply Shown Separately in Invoice will not be Treated as Composite Supply

·    In Tea Auction, Separate Accounts to be Maintained by Principal and Auctioneer with Input Tax Credit Facility

·    E-way Bill Required at Delivery Point in Rail Transport Case

·    EWB Required in All Transit Cases

·    No EWB for Same State Movements from DTA to SEZ or SEZ to DTA

Circular No. 47/21/2018-GST F. No. CBEC- 20/16/03/2017-GST Dated 8th June, 2018

IGST Refund on Export

CBIC Circular No.15/2018-Customs dated 6 June 2018

Eight More Jurisdictions Notified for E-way Bill for Intra-State Movements, Punjab to Start from 1 June, Tamil Nadu 2nd June and West Bengal 3rd June

CBIC Press Release dated 31 May 2018

Input Service Distributors to File GSTR-6 by 31 July for July 2017-June 2018 Period

25-CT/31.05.2018

Export Refunds Held up in GSTN Due to Non Declaration of Goods as Export Supply to be Cleared on Auto Mode by Customs

·    Special Refund Fortnight from 31.05.2018 to 14.06.2018

45-CBIC GST Wing Circular/30.05.2018

Pending IGST Refund Claims

12-CBIC Circular/29.05.2018

Ambulance Services provided by Private Parties to the Government is Exempted from GST under National Health Mission

210-CBIC Service Tax Wing Circular/30.05.2018

Priority Sector Lending Covered under Reverse Charge Mechanism

Notification No. 11 and 12/2018-Central Tax (Rate) dated 28 May 2018

NACIN to Conduct Exam for GST Practitioners

Notification No. 24 /2018 – Central Tax dated 28 May 2018

Land Leasing for Agriculture by Farmers are in Support Services, No GST

MoF Press Release dated 28 May 2018

No E-Way Intra-State in Goa but for 22 Items, Only Four Docs Required

Notification No. CCT/26-2/2018-19/36, Dated 28th May, 2018

CBIC Clarifies IGST will be Collected only at Final Point of Warehousing

IGST Circular No. 3/1/2018-IGST dated 25th May, 2018

Haryana Govt Issues Guidelines for Refund Processing under HGST Act - Standard Operating Procedure for Manual Application and Processing

Circular Memo No. 1645/GST-III, dated 25th May, 2018

E-Way Bill Movements within States Adopted in Maharashtra and Union Territories from 25 May

MoF Press Release dated 24 May 2018

First Arrest under GST in Shahdara

·    Fault Invoices for ITC of Rs. 28 crs Issued

·    Post Remarks Accused to Judicial Custody

Press Release dated 24 May 2018

GSTR-3B Filing Date Extended by Two Days to 22 May 2018 for the month of April 2018 since 20 May is a Sunday