E-way bill rules are applicable w.e.f. 01.04.2018 for inter-state movement of goods. As per these rules, every vehicle for road transport must carry valid E-way Bill along with Tax Invoice/Delivery Challan/Bill of supply, etc. E-way bill is a…
CBIC through its Order no. 02/2018-GST dtd 30.03.2018 (F.No. 354/03/2018-TRU) has clarified that the GST rate on all food and beverages served in trains, railway stations/platforms will be taxed at uniform rate of tax of five percent (5%).…
Press release 17th April, 2018 Subject: Clarification on the manner of filing the quarterly return by composition dealers in FORM GSTR-4 Doubts are being raised about the manner of filing the quarterly return by composition dealers in FORM GSTR-4. In…
Sometimes, the tax payer raises the bill to somebody and sends the consignment to somebody else as per the business requirements. There is a provision in the e-way bill system to handle this situation, called as ‘Bill to’-‘Ship…
The system expects you to enter the vehicle number details in proper format. The system shows the ‘Invalid Format’ when we are trying to enter the vehicle number if the format is not proper. Given below are formats…
As per Rule 34(1) of CGST Rules 2017, where value of goods are mentioned in currency other than Indian Rupees, the exchange rate for determination of value of such taxable goods shall be the applicable rate of exchange…
GSTR-3B is a monthly return in which summary of Sales, GST Output, ITC available and tax payment is reported for each month. This return is specially designed for a limited period to remove initial technical and filing difficulties…
CBIC on 15.03.2018 through its circular CIR-37/11/2018-GST has issued various clarifications on concerns over refund against exports of goods or services or both. Further, on 26.10.2018, CBIC has issued circular CIR-70/44/2018-GST and on 31.12.2018, circular CIR-79/53/2018-GST to clarify further issues. Clarifications…
In this article, we will go through the Applicable law and GST Refund procedure in case Supplies to SEZ Developer/SEZ units. This article is based on the following applicable law: Section 16 of IGST Act 2017 Section 54…
Recommendations made during the 26th meeting of the GST Council held in New Delhi on 10.03.2018 1. Return filing System The present system of filing of GSTR 3B and GSTR 1 is extended for another three months i.e.,…
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