Statutory updates

Clarifications on GST Return Filing Procedures and Late Fees

Taxpayers must file monthly FORM GSTR-3B and quarterly or monthly FORM GSTR-1 based on aggregate turnover.

Quarterly FORM GSTR-1 Due Date Extension up to 1.5 Crore Turnover

The Central Government notifies a special procedure for registered persons with an aggregate turnover of up to 1.5 crore rupees in the preceding or current financial year.

72/2017-Central Tax : Extends the due dates for monthly furnishing of FORM GSTR-1 for taxpayers with aggregate turnover of more than Rs.1.5 crores.

The Commissioner extends the time limit for furnishing the details of outward supplies in FORM GSTR-1 for registered persons with an aggregate turnover of more than 1.5 crore…

FORM GSTR-4 Late Fee Waiver Notification 73/2017

The Central Government waives the late fee payable under section 47 of the Central Goods and Services Tax Act, 2017, for any registered person who fails to furnish the return in…

74/2017-Central Tax : Notifies the date from which E-Way Bill Rules shall come into force

75/2017-Central Tax : CGST (Fourteenth Amendment) Rules,2017

Extension of Deadline for Comments on Life Insurance Product Regulations

The Insurance Regulatory and Development Authority of India extends the last date for comments on the Report of the Product Regulations Review Committee for Life Insurance.

Himachal Pradesh Computerization of Police Society Income Tax Exemption

The Central Government notifies the Himachal Pradesh Computerization of Police Society for clause (46) of section 10 of the Income-tax Act, 1961.

SEEPZ Special Economic Zone Authority Income Tax Exemption

The Central Government notifies the SEEPZ Special Economic Zone Authority under section 10 of the Income-tax Act, 1961 for specified income.

GST Clarification on Supply of Art Works by Artists and Galleries

The Central Board of Excise and Customs clarifies the Goods and Services Tax treatment for art works moved by artists to galleries within or outside the State and supplied through…

Maintenance of Books of Accounts for Tea, Coffee and Rubber Auctions

Principals and auctioneers of tea, coffee, rubber, and similar goods may maintain books of accounts for additional places of business at their principal place of business.

Manual Filing and Processing of GST Refund Claims

Registered persons file refund claims on account of inverted duty structure, deemed exports and excess balance in electronic cash ledger manually using FORM GST RFD-01A due to the…

25/25/2017-GST : Manual filing of applications for Advance Ruling and appeals before Appellate Authority for Advance Ruling.

Extension of Time Limit for Filing FORM GST ITC-01

The Central Board of Excise and Customs extends the time limit for registered persons to make a declaration in FORM GST ITC-01.

68/2017-Central Tax : Seeks to extend the time limit for filing FORM GSTR-5.

Extension of Time Limit for Filing FORM GSTR-5A

The Commissioner extends the time limit for furnishing the return in FORM GSTR-5A for specific months.

CGST Thirteenth Amendment Rules 2017

The Central Government amends the Central Goods and Services Tax Rules, 2017, to update FORM GSTR-1, FORM GST RFD-01, and FORM GST RFD-01A.

Shifting of IRDAI Head Office to Financial District Gachibowli

The Insurance Regulatory and Development Authority of India shifts its head office to new premises at Financial District Gachibowli in Hyderabad.