Articles under GST

GST rate slab structure set to revamp

Goods and Service Tax slab structure revamp   As of now, the GST has five slabs of zero per cent, 5 per cent, 12 per cent, 18 per cent and 28 per cent. In wake of growing revenue concerns, the Goods and Services Tax council may consider revamping tax structure and raising the existing base slab 5 % to 9 -10%, while doing away with the 12% rate and moving 243 items in this segment to the 18% to shore up the shortfall in collections. The slab restructuring may assist government with c

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Removal of Difficulties Order issued to 37th GST Council

  Removal of Difficulties Order issued to 37th GST Council regarding GST Appellate Tribunal   Central Tax Order No 59 of 2019 dt 26th November, 2019 under GST Order no 59/2019 Central Tax date on 26th November, 2019, GST Removal of Difficulties Order issued to implement the decision of 37th GST Council regarding GST Appellate Tribunal. The extract of GST Order No. 59/2019- Central Tax is given below Order No. 59/2019- Central Tax, GST   [To be publi

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GSTR 9 and GSTR 9C submission date extended

   GSTR-9 and GSTR-9C last dates of submission extended    The Government has decided to extend the due dates of filing of Form GSTR-9 (Annual Return) and Form GSTR-9C (Reconciliation Statement) for Financial Year 2017-18 to 31st December 2019 and for Financial Year 2018-19 to 31st March 2020. It also decided to simplify these forms by making various fields of these forms as optional.   Central Board of Indirect Taxes & Customs (CBIC) notified the am

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Guidelines for GST Practitioner exam candidates

How to fill GST Practitioners Exam application form   Guidelines for GST Practitioners Exam registration. How to enroll GST Practitioners Examination. Examination for confirmation of enrolment of GST Practitioners.   The next GST Practitioner examination shall be conducted on 12.12.2019 from 1100 hrs to 1330 hrs at designated examination centers across India. The registration portal for exams scheduled for 12.12.2019 will be activated on 22 nd  November, 20

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E Invoice system under GST

Electronic Invoicing under GST - Explain    The GST Council in its 37th meeting held on 20th Sept 2019,has approved introduction of ‘E-invoicing’ or ‘electronic invoicing’ in a phased manner for reporting of business to business (B2B) invoices to GST System, starting from 1st January 2020 on voluntary basis. Since there was no standard for e-invoice existing in the country, standard for the same has been finalized after consultation with trade/industry b

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