GST

Government to roll out facility to file Nil Form GSTR-1 through SMS from the first week of July.

Date for GSTR-2 and GSTR-3 for the month of July has been extended

Summary of Recommendations by GST Council at 22nd Meeting on 06.10.2017

Recommendations by GST Council at 22nd Meeting on 06.10.2017 – Sage Law Firm Recommendations by GST Council at 22nd Meeting on 06.10.2017 Posted on October 7, 2017October 7, 2017 by Jitin Singhal Recommendations of GST Council (22nd Meeting)

Foreign trade policy: Exporters may be allowed to use scrip to pay GST Exporters may be allowed to use a scrip they get under the critical Merchandise Export from India Scheme (MEIS) to pay goods and services tax (GST), with the GST Council expected to decide this week.

Due date of GSTR 3B return has been extended by 5 days...

http://www.sagelawfirm.in/news-update/government-extends-tax-exemption-for-industries-in-north-eastern-and-hilly-states/

Government extends tax exemption for industries in North Eastern and hilly states – Sage Law Firm Government extends tax exemption for industries in North Eastern and hilly states Posted on August 17, 2017August 17, 2017 by Jitin Singhal Industries in the north eastern and Himalayan states will continue to get tax exemption till March 2027, albeit as refund, under the current GST regime which wa...

Beware Guys !! Government will collect information from social sites to sniff out tax evaders in India !!

Modi’s Project Insight to collect information from Facebook, Instagram Posts to sniff out tax evaders in India Starting next month, Prime Minister Narendra Modi’s government will begin amassing a warehouse of virtual information collected not just from traditional sources like banks but also from social media sites, as it looks to match residents’ spending patterns with income declarations, said people famil...

Queries relating to GST rate on certain items

The period for filing of intimation to opt composition scheme in FORM GST CMP-01 has been extended upto 16th August, 2017.

It has been clarified by the government that if declared tariff of a unit in a 5-Star hotel or any other hotel having less than INR 7500 per day, will attract GST @18% irrespective of the star rating of the hotels and if it is more than INR 7500, will attract GST@28%.

GST rates for restaurants