GST INDIA

30/06/2018

30/06/2018

Intra state EWB limit for Maharashtra increased from 50K to 1 lakh

22/05/2018

The e-way bill for moving goods within a state will become mandatory from 3 June, with the country-wide roll out of the mechanism.

The government had launched the electronic-way or e-way bill system from 1 April for moving goods worth over Rs 50,000 from one state to another.

The same for intra or within the state movement has been rolled out from 15 April.

So far, 20 states/Union Territories have made e-way bill mandatory for intra-state movement of goods. These states include Gujarat, Uttar Pradesh, Rajasthan, Assam, Karnataka, Kerala, Madhya Pradesh and Haryana.

In a letter to officers in the Central Board of Indirect Taxes and Customs (CBIC), Chairperson Vanaja Sarna said intra-state movement of goods would be implemented throughout the country by 3 June, 2018.

“Hence, I would reiterate that the Chief Commissioners of the remaining zones should co-ordinate with the state authority and get the requisite notification issued as early as possible. Also, steps may be taken to publicise the date of its roll out along with exemptions provided,” Sarna wrote.

Sarna said the e-way bill system is functioning as envisaged and since the implementation of the same from 1 April, 2018, more than 4.5 crore e-way bills have been generated.

This includes more than 1.30 crore e-way bills for intra-state movement of goods.

While intra-state e-way bill requirement will become mandatory in the Union Territory of Lakshadweep and Chandigarh on 25 May, it will be rolled out in Punjab and Goa from 1 June. Maharashtra will roll out the bill from 31 May.

Touted as an anti-evasion measure, transporters of goods worth over Rs 50,000 would be required to present e-way bill to a GST inspector, if asked. The measure is expected to help boost tax collections by clamping down on trade that currently happens on cash basis.

The GST Council, in March, decided on a staggered roll out of the e-way bill starting with inter-state from 1 April and intra-state from 15 April.

18/04/2018

*GST: Six more States to roll out Intra-State E-Way Bills from April 20*

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As per the decision of the GST Council, e-Way Bill system for all inter-State movement of goods has been rolled out from 01st April, 2018. As on 15th April, 2018, e-Way Bill system for intra-State movement of goods has been rolled out in the States of Andhra Pradesh, Gujarat, Karnataka, Kerala, Tela...

16/09/2017

GST: Govt to implement TDS provisions from 18th September [Read Notification]

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TaxScan Media is a online news portal for reporting all news, articles, judgments, Circulars, orders and notifications relating to Taxation Laws in India. We use the tagline ‘Simplifying Tax Laws’. Our mission is to Simplify the Tax Laws and make aware the people to their tax rights and duties and p...

16/09/2017

GoM to Fix Technical Issues by October 30th, No more Extension for Filing GST Returns

Read more at:

TaxScan Media is a online news portal for reporting all news, articles, judgments, Circulars, orders and notifications relating to Taxation Laws in India. We use the tagline ‘Simplifying Tax Laws’. Our mission is to Simplify the Tax Laws and make aware the people to their tax rights and duties and p...

21/07/2017

CBEC to Go Liberal in Enforcing Penal provisions for Initial Six Months of GST Implementation, says CBEC Chairman

Read more at: http://www.taxscan.in/cbec-go-liberal-enforcing-penal-provisions-initial-six-months-gst-implementation-says-cbec-chairman/9443/

“We look forward to assisting and facilitating industry in the adoption of GST in all possible ways. CBEC will help industry in the transition to GST and our enforcement machinery will be liberal in enforcement of the panel provisions for the initial three to six months of GST implementation”, said ...

16/07/2017

Register with GST, don’t wait till July 30 deadline: Govt to traders
http://toi.in/HWlFLY92/a19ai

15/07/2017

*Non-Registration under GST after 30th July, 2017 would attract penalty*
https://enlightengovernance.blogspot.in/2017/07/non-registration-under-gst-before-30th.html

Goods and services tax Updates / Press releases : Dated : 15 th July, 2017 Press Release : Ministry of Finance Provisions...

11/07/2017

Accounts and Records Under GST

http://studycafe.in/2017/07/books-of-accounts-and-records-under-gst.html

Accounts and Records under GST Maintenance of Books of Accounts under GST, GST books of account, GST Accounts and records, Accounts and Records in GST,

11/07/2017

http://www.taxscan.in/gifts-rs-50000-made-employer-employee-subject-gst-govt-clarifies-gst-gift/9159/

The Ministry of Finance clarified that, Gifts up to a value of Rs 50,000/- per year by an employer to his employee are outside the ambit of GST. However, gifts of value more than Rs 50,000/- made without consideration are subject to GST, when made in the course or furtherance of business. It is bein...