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Fin Min extends deadline for filing summary sales return GSTR-3B till October 25
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Fin Min extends deadline for filing summary sales return GSTR-3B…

New Delhi, Oct 23 (KNN) The Finance Ministry has extended the deadline for filing summary sales return GSTR-3B for the month of September by five days to…

J&K MSMEs on verge of closure due to non-availability of state fiscal incentives as par with Pre-GST regime: FOIJ
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J&K MSMEs on verge of closure due to non-availability of state…

Jammu, Oct 20 (KNN) Micro and small scale sector of Jammu and Kashmir is on the verge of closure due to non-availability of state fiscal incentives as par…

Taxpayers who have opted to pay tax under composition levy shall not furnish data in serial no 4A of Table 4 of FORM GSTR-4
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Taxpayers who have opted to pay tax under composition levy shall…

New Delhi, Oct 18 (KNN) The taxpayers who have opted to pay tax under the composition levy shall not furnish the data in serial number 4A of Table…

Punjab Govt set to amend industrial policy to give investment incentives through Net SGST
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Punjab Govt set to amend industrial policy to give investment…

New Delhi, Oct 18 (KNN) Government of Punjab has decided to amend the  Industrial and Business Development Policy 2017  in order to give investment…

State innovation council of Goa adopts VIR to shield innovative ideas of youngsters
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State innovation council of Goa adopts VIR to shield innovative…

New Delhi, Oct 16 (KNN) The state innovation council of Goa has adopted Virtual Innovation Register (VIR) which helps shield innovative ideas of youngsters…

Initiate enforcement actions against GST evaders irrespective of jurisdiction: CBIC to tax officials
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Initiate enforcement actions against GST evaders irrespective…

New Delhi, Oct 10 (KNN) In a bid to check revenue leakages, Central Board of Indirect Taxes and Customs (CBIC) has directed he tax officials of the state…

GST revenue collection crosses Rs 94,000 crore in September
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GST revenue collection crosses Rs 94,000 crore in September

New Delhi, Oct 1 (KNN) In September GST revenue collection by the Centre crossed Rs 94,000 crore, according to an official release.

According to…

Foreign e-commerce companies are required to register for GST in all states, govt sets 1% TCS on them under GST
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Foreign e-commerce companies are required to register for GST…

New Delhi, Sept 21 (KNN) Government has mandated all the foreign e-commerce companies such as Amazon and Google, among many others to apply for Goods and…

One day workshop on GST for MSMEs: FOSMI
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One day workshop on GST for MSMEs: FOSMI

New Delhi, Sept 20 (KNN) The Directorate of Micro, Small and Medium Enterprises (MSMEs), West Bengal is organizing one day workshop on GST for MSMEs in…

GST audit certificate is required by the taxpayers with turnover over Rs 2 cr
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GST audit certificate is required by the taxpayers with turnover…

New Delhi, Sep 17 (KNN) The Government has notified the GSTR-9C form for annual GST audit under which every taxpayer above Rs 2 crore turnover in a financial…

Govt extends due dates for filing Form GSTR-1 and Form GSTR-3B in certain cases
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Govt extends due dates for filing Form GSTR-1 and Form GSTR-3B…

New Delhi, Sept 11 (KNN) In order to encourage taxpayers to furnish FORM GSTR-1, Government has come out with a one-time scheme to waive off late fee…

ICICI Bank launches OD facility for MSMEs based on GST Returns; OD amount could range between Rs 10 lakh & Rs 1 cr
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ICICI Bank launches OD facility for MSMEs based on GST Returns;…

New Delhi, Sept 10 (KNN) Private sector lender ICICI banks has launched a facility – GST Business Loan – which will help micro, small and medium…

GST to have two tax slabs in near future: Tax official
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GST to have two tax slabs in near future: Tax official

New Delhi, Sept 7 (KNN) Since the implementation of GST, central government has made lots of changes in this new indirect tax law to make it as simple as…

Govt simplifies GST refund process; GSTR-2A from is enough for claiming refunds
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Govt simplifies GST refund process; GSTR-2A from is enough for…

New Delhi, Sept 6 (KNN) To simplify the process of claiming GST refunds, the Finance Ministry has said that now simply submitting a printout of ‘GSTR-2A’…

Race amongst countries to attract the investor immigrants
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Race amongst countries to attract the investor immigrants

New Delhi, Sept 4 (KNN) Over the years, investor immigration programs have become extremely popular amongst businessmen and high net worth investors who…

Additional demand of GST from suppliers to Railways spread panic among MSMEs
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Additional demand of GST from suppliers to Railways spread panic…

New Delhi, Sept 4 (KNN) The suppliers of parts and components to the Railways, mostly MSMEs, have been caught in a bind due to confusion in classification…

Niti Aayog suggests reduction in import duty, GST on gold
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Niti Aayog suggests reduction in import duty, GST on gold

New Delhi, Aug 25 (KNN) The government think-tank Niti Aayog has suggested the government to bring down import duty on gold from the existing level of 10…

Last Date for filing GSTR-3B for July extended till August 24 for all class of taxpayers
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Last Date for filing GSTR-3B for July extended till August 24…

New Delhi, Aug 22 (KNN) The last date for Filing of Return in Form GSTR-3B for the month of July, 2018. It has been extended till August 24, 2018 for all…

Last dates for filing GST returns in flood-hit Kerala, Mahe and Kodagu extended
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Last dates for filing GST returns in flood-hit Kerala, Mahe…

New Delhi, Aug 22 (KNN) The last dates for filing Goods & Services Tax (GST) returns has been extended for taxpayers in flood hit Kerala, Mahe (Puducherry)…

Demonetization led to further decline in MSME credit growth, GST implementation didn’t impact overall MSME credit much: RBI Study
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Demonetization led to further decline in MSME credit growth,…

New Delhi, Aug 17 (KNN) Demonetisation led to a further decline in the already decelerating credit growth of the MSME sector, while GST implementation does…

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