GST Council had its 26th GST Council (Goods & Services Tax) meeting held today under the chairmanship of the Union Minister of Finance and Corporate Affairs, Mr. Arun Jaitley on 10th March 2018 held in New Delhi. In today’s meeting, the GST Council has decided to extend the existing system of GST return filing with 3 more months, precisely…
GST Council had its 24th GST Council meeting held today through video-conference under the chairmanship of the Union Minister of Finance and Corporate Affairs, Mr. Arun Jaitley on 16th Decemeber 2017. Under Goods and Services Tax (GST) rules, ferrying goods worth more than Rs 50,000 within or outside a state will require securing an electronic-way or e-way bill…
A potential glitch in the GST return filing process has caused piling up of hundreds of crores rupees with the government, which actually should be credited to the organizations in respect of their Input Tax Credit. The missing column of carrying forward of ITC [of the pre GST era] in the form GSTR-3B is causing…