CGST Notification 49/2019 – Updated CGST Rules, 2017 -The Sixth Amendment

The Central Government amends the Central Goods and Services Tax Rules, 2017 to be called as Central Goods and Services Tax (Sixth Amendment) Rules, 2019 vide Notification No. 49/2019 – Central

New Input Tax Credit (ITC) Rule: 20% Capping of ITC not Reflected in GSTR 2A

The central government vide Notification no 49/2019 central tax dated 9/10/2019 has made amendments to CGST Rules, 2017. One of the amendments is insertion of sub-rule (4) to rule 36

The GST Council has introduced new return filing system in order to simplify the filing process. This system is currently postponed until April 2020. Under the new filing system, depending

Form GSTR 3B – Filing made Simple!

GSTR 3B is a monthly self-declaration form that a taxpayer is required to file on a monthly basis. Form GSTR 3b consists of summarized details of supplies made during the

Time Release Study – Understanding the International trade

The Time Release Study (TRS), recognised by  World Customs Organization (WCO), is a systematic and standard method to measure the average time taken to release cargoes and for each step

GST Exemption List – 7 New Services Added

On the recommendations of the 37th GST Council Meet, Goa, certain services have been added to the GST Exemption List What is Exempt Supply under GST? Under GST, certain goods

GST Refund Process with Single Authority Disbursement – CBIC Advisory

In a bid to enable seamless GST refund processing and communication between taxpayers and tax officers, the GSTN portal has been incorporated with an Online GST Refund Processing System. As

GST Updates – New GST Forms and Functionalities available on the GST Portal

With an aim to provide taxpayer with a user-friendly and seamless compliance journey, the following GST updates have been on the GST portal / GSTN Portal GST Updates on Issues

October 2019 GST Compliance Calendar

October, the month of festivals is here, with festivities like Navratri, Dusshera and Diwali soon to come, we pray you be blessed with peace and prosperity for all your endeavours.