GST - Corporate Law Reporter

Agile Form (Form-INC-35) : A Government Step Toward Ease Of Doing Business

The government introduced the Agile Form INC-35 that has to be filed with E-form SPICE. The form is a mandatory requirement although the directors of the company have an option of opting out of filing GST and other services that are offered with the application of the form. The introduction of the form in the… Read More

CBIC notifies CGST(Seventh Amendment) Rules, 2018 retrospectively w.e.f.12 June 2018

MINISTRY OF FINANCE (Department of Revenue) CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 6th July, 2018 No. 29/2018 – Central Tax G.S.R. 611(E).—In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government hereby makes the following rules… Read More

Central Goods and Services Tax (Sixth Amendment) Rules, 2018 notified

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 19th June, 2018 No. 28/2018 - Central Tax G.S.R. 574(E).—In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government hereby makes the following rules… Read More

GST leads to Formalization of Economy and Widening of Tax Base

Governmnent of India Ministry of Finance 18 JUN 2018 Historic tax reform, the Goods and Service Tax (GST), has resulted in formalization of economy and consequently information flow would eventually augment not only the Indirect Tax collections but also Direct Tax collections. In the past, the Centre had little data on small manufacturers and consumption… Read More

Govt. notifies Central Goods and Services Tax (Fifth Amendment) Rules, 2018

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 13th June, 2018 No. 26/2018–Central Tax G.S.R. 549(E).—In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government hereby makes the following rules further to… Read More

CBIC rolls out e-Way Bill system in Chhattisgarh, Goa, J&K, Mizoram, Odisha, Punjab, Tamil Nadu and West Bengal

Government of India Ministry of Finance 31 MAY 2018 As per the decision of the GST Council, e-Way Bill system for inter-State movement of goods has been rolled out from 01st April, 2018. As on 30th May, 2018, e-Way Bill system for intra-State movement of goods has been rolled out in the States of Andhra Pradesh, Arunachal… Read More

Govt. notifies NACIN as the authority for conducting the examination for GST Practitioners under CGST Rules, 2017

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 28th May, 2018 No. 24 /2018–Central Tax G.S.R. 503(E).—In exercise of the powers conferred by section 48 of the Central Goods and Services Tax Act, 2017 (12 of 2017) read with sub-rule (3) of rule 83 of the… Read More

Govt. notifies levy of PSLC under Reverse Charge Mechanism under Integrated Tax

NOTIFICATION New Delhi, the 28th May, 2018 No. 12/2018-Integrated Tax (Rate) G.S.R. 506(E).—In exercise of the powers conferred by sub-section (3) of section 5 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of… Read More

Govt. notifies levy of PSLC under Reverse Charge Mechanism under Union Territory Tax

NOTIFICATION New Delhi, the 28th May, 2018 No. 11/2018- Union Territory Tax (Rate) G.S.R. 505(E).—In exercise of the powers conferred by sub-section (3) of section 7 of the Union Territory Goods and Services Tax Act, 2017 (14 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in… Read More

Govt. notifies levy of PSLC under Reverse Charge Mechanism under Central Tax

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 28th May, 2018 No. 11/2018-Central Tax (Rate) G.S.R. 504(E).—In exercise of the powers conferred by sub-section (3) of section 9 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following… Read More

E-Way Bill system to roll out for intra-State movement of goods in the Maharashtra, Manipur and Union Territories

Ministry of Finance 24 MAY 2018 As per the decision of the GST Council, e-Way Bill system for inter-State movement of goods has been rolled out from 1st April, 2018. As on 23rd May, 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,… Read More

Govt. rescinds notification no. G.S.R. 319(E), w.e.f. 25th May 2018

NOTIFICATION New Delhi, the 21st May, 2018 No. 11/2018-Union Territory Tax G.S.R. 471(E).—In exercise of the powers conferred under sub-section (1) of section 22 of the Union Territory Goods and Services Tax Act, 2017 (No. 14 of 2017) and section 164 of Central Goods and Services Tax Act, 2017 (No. 12 of 2017) read with… Read More

Govt. rescinds notification number G.S.R. 315 w.e.f. 25th May 2018

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 21st May, 2018 No. 10/2018-Union Territory Tax G.S.R. 470(E).—In exercise of the powers conferred under sub-section (1) of section 22 of the Union Territory Goods and Services Tax Act, 2017 (No. 14 of 2017) and section 164 of Central Goods and Services Tax Act, 2017… Read More