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Showing posts from June, 2017

GST Return Date July 2017 & August 2017

Input Tax Credit will no be lost in transition to GST

Gst to Make Return Filling Easy & Online (CBEC)

State Code used for Vat Tin No.

GST Website 17-06-2017

ENROLMENT WINDOW WILL REOPEN ON 25th JUNE 2017 AND CONTINUE FOR 3 MONTHS AS PER RULE.

GST Council Meeting 11.06.2017

1. GST_Rates approved  by gst council  11.06.2017:     Link:  https://drive.google.com/file/d/0B55yXVmVzOsGNldVc1p0Qm45MjQ/view?usp=sharing 2. Revised_threshold_for_composition_scheme_11.06.2017:     Link:  https://drive.google.com/file/d/0B55yXVmVzOsGNHZuN0JNQWNudUk/view?usp=sharing 3. IGST_exemptions_approved_by_gst_council_11.06.2017:     Link: https://drive.google.com/file/d/0B55yXVmVzOsGRzVaNWZxTlIyUEk/view?usp=sharing

GST Rate / IGST Exemptions / ADDENDUM (03/06/2017)

1. GST RATE SCHEDULE FOR CERTAIN GOODS:  https://drive.google.com/file/d/0B55yXVmVzOsGdTd5MTdWR1BOTUU/view?usp=sharing 2. ADDENDUM TO THE GST RATE SCHEDULE FOR GOODS:  https://drive.google.com/file/d/0B55yXVmVzOsGMWlQX2FMUlppMEE/view?usp=sharing 3. IGST Exemptions/Concessions under GST:  https://drive.google.com/file/d/0B55yXVmVzOsGcnNKYnI4YklxTnc/view?usp=sharing

GST Council in its 15th Meeting held Today, Approved the following:

1. Deemed Credit in Transitional Provision-  Goods in bracket of 5% and 12% - Deemed Credit Kept at 40% Goods in bracket of 18% and above- Deemed Credit kept at 60% 2. GST Rate Announced Today- Gold- New Slab rate of 3% Introduced Biscuits- 18% Readymade Garments above 1000- 12% Textile- Yarn and Cotton Fabric- 5% (Natural Yarn @ 5% Manufactured Yarn @18%) Footwear Upto 500- 5% Footwear above 500- 18% Packaged Food Sold under register trademark- 5% Agri Machinery- 5% to 12% depending on category. Apparel Below 1000- 5% Rough Daimond- .25% Jute- 0% Biddi- 28% without Cess Next GST Council Meeting on 11JUN2017 to discuss unfinished Matters

Final GST Return Rules (03/06/2017)

1. RETURNS:  https://drive.google.com/file/d/0B55yXVmVzOsGQ1MzQUx2N1ZXQUk/view?usp=sharing 2. RETURN FORMATS:   https://drive.google.com/file/d/0B55yXVmVzOsGYWlOWFJBaW9PalU/view?usp=sharing 3. MISMATCH FORMATS:  https://drive.google.com/file/d/0B55yXVmVzOsGZG9PM0d4SThfNTA/view?usp=sharing 4. PRACTITIONER FORMATS:   https://drive.google.com/file/d/0B55yXVmVzOsGV1lZSXJZNE1rWU0/view?usp=sharing