Articles under GST

E-Way Bill system rolled out states for intra-State movement of goods under GST

  E-Way Bill system implemented states for intra-State movement of goods under GST          As per the decision of the GST Council, e-Way Bill system for inter-State movement of goods has been rolled out from 01 st April, 2018. As on 3 rd June, 2018, e-Way Bill system for intra-State movement of goods has been rolled out in the States of Andhra Pradesh, Arunachal Pradesh, Assam, Bihar, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Ma

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E way Bill decision taken by 26th GST Council on 10th March

  Major Recommendations made during the 26 th meeting of the GST Council held on 10 th March, 2018 in  New Delhi   GST Council meeting held on 10 th March, 2018, recommended the introduction of electronic way or e-way bill for movement of goods between states will be implemented from April 1. However, for intra-state movement, the e-way bill would be rolled out in a phased manner but not later than 01 st June,2018.   Major improvements over

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Tax exemption for exporters, 26th GST council

Tax exemptions for exporters extended for six months, 26 th GST Council meeting held on 10 th March, 2018. 26 th  GST Council meeting held in New Delhi on 10 th March, 2018, sending a strong positive signal to the exporting community, the Council today decided to extend the available tax exemptions on imported goods for a further 6 months beyond 31.03.2018. Thus, exporters presently availing various export promotion schemes can now continue to avail such exemptions

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Decisions taken by 26th GST Council meeting held on 10th March

  26th GST Council Meeting held on 10 th March following Major Decisions Were Taken   The 26th GST Council meeting held on 10 th March 2018 failed to come up with any conclusive simplification process after deliberating on two models and has now postponed the decision for next Council meeting. But the following decision were taken.   Return recording conceded: The present arrangement of documenting GSTR 3B and GSTR 1 is reached out for three months till June 2

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Proposals for the housing sector made by 25th GST Council on 18th January, 2018

Recommendations for the housing sector under 25 th GST Council on 18 th January, 2018   25 th GST council meeting held on 18 th January,2018 has made a few important proposals for the housing sector. The proposals are expected to promote affordable housing for the majority in the nation. The proposals are given below.   One of the important recommendations is to extend the concessional rate of GST of 12% (effective rate of 8% after deducting one third of the

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