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Notification and Circular - 50th GST Council Meeting - Notification


Watch full press release explanation video:

 

1. Seeks to extend the due date for furnishing FORM GSTR-1 for April, May and June, 2023 for registered persons whose principal place of business is in the State of Manipur

https://taxinformation.cbic.gov.in/view-pdf/1009772/ENG/Notifications

2. Seeks to extend the due date for furnishing FORM GSTR-3B for April, May and June, 2023 for registered persons whose principal place of business is in the State of Manipur

https://taxinformation.cbic.gov.in/view-pdf/1009773/ENG/Notifications

3. Seeks to extend the due date for furnishing FORM GSTR-3B for quarter ending June, 2023 for registered persons whose principal place of business is in the State of Manipur

https://taxinformation.cbic.gov.in/view-pdf/1009774/ENG/Notifications

4. Seeks to extend the due date for furnishing FORM GSTR-7 for April, May and June, 2023 for registered persons whose principal place of business is in the State of Manipur

https://taxinformation.cbic.gov.in/view-pdf/1009775/ENG/Notifications

5. Seeks to extend amnesty for GSTR-4 non-filers

https://taxinformation.cbic.gov.in/view-pdf/1009776/ENG/Notifications

6. Seeks to extend time limit for application for revocation of cancellation of registration

https://taxinformation.cbic.gov.in/view-pdf/1009777/ENG/Notifications

7. Seeks to extend amnesty scheme for deemed withdrawal of assessment orders issued under Section 62

https://taxinformation.cbic.gov.in/view-pdf/1009778/ENG/Notifications

8. Seeks to extend amnesty for GSTR-9 non-filers

https://taxinformation.cbic.gov.in/view-pdf/1009779/ENG/Notifications

9. Seeks to extend amnesty for GSTR-10 non-filers

https://taxinformation.cbic.gov.in/view-pdf/1009780/ENG/Notifications

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Circular

1. Clarification on charging of interest under section 50(3) of the CGST Act, 2017, in cases of wrong availment of IGST credit and reversal thereof.


2. Clarification to deal with difference in Input Tax Credit (ITC) availed in FORM GSTR-3B as compared to that 
detailed in FORM GSTR-2A for the period 01.04.2019 to 31.12.2021


3. Clarification on TCS liability under Sec 52 of the CGST Act, 2017 in case of multiple E-commerce Operators in one transaction


4. Clarification on availability of ITC in respect of warranty replacement of parts and repair services during warranty period


5. Clarification on taxability of share capital held in subsidiary company by the parent company


6. Clarification on refund-related issues


7. Clarification on issue pertaining to e-invoice


8. Clarification regarding taxability of services provided by an office of an organisation in one State to the office of that organisation in another State, both being distinct persons


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    (The views expressed in this article are strictly personal.)

     By  GST Info Tamil

     YouTube link for more tax update

            https://www.youtube.com/gstinfotamil?sub_confirmation=1

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For more article 👇

TDS Return Forms 24Q, 26Q, 27Q, 27EQ

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E-way bill generation declines in June, may impact GST collection in July

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TDS - Payments made for hiring of cranes - the crane owner responsible for day-to-day maintenance and operating costs - liable for TDS u/s. 194C of the Act - not u/s. 194I of the Act.

https://gstinfotamil.blogspot.com/2023/07/tds-payments-made-for-hiring-of-cranes.html

Order passed before the dates provided for filing of reply and personal hearing is violative of principles of natural justice

https://gstinfotamil.blogspot.com/2023/07/order-passed-before-dates-provided-for.html

TDS Applicability U/S 194Q On Purchased Goods

https://gstinfotamil.blogspot.com/2023/07/tds-applicability-us-194q-on-purchased.html

6th GST Day was celebrated with the vision GST@6 with Hon’ble FM Nirmala Sitharaman

https://gstinfotamil.blogspot.com/2023/07/6th-gst-day-was-celebrated-with-vision.html 

₹1,61,497 crore gross GST revenue collected for June 2023; records 12% YoY growth

https://gstinfotamil.blogspot.com/2023/07/161497-crore-gross-gst-revenue.html

What is the GSTR-9 annual return and related more details https://gstinfotamil.blogspot.com/2023/07/what-is-gstr-9-annual-return-and.html

CBDT issued Important Circular to remove difficulty in implementation of changes relating to Tax Collection at Source (TCS) on Liberalised Remittance Scheme (LRS) and on purchase of overseas tour program package

https://gstinfotamil.blogspot.com/2023/07/cbdt-issued-important-circular-to.html

AUDITING  AND  ASSURANCE STANDARDS BOARD THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA

https://gstinfotamil.blogspot.com/2023/06/auditing-and-assurance-standards-board.html

DRC-01B (Rule 88C) :  GSTR 3B vs GSTR 1 Mismatch in Liability

https://gstinfotamil.blogspot.com/2023/06/drc-01b-rule-88c-gstr-3b-vs-gstr-1.html

Advisory: Online Compliance Pertaining to Liability / Difference Appearing in R1 – R3B (DRC-01B)

https://gstinfotamil.blogspot.com/2023/06/advisory-online-compliance-pertaining.html

e-Invoice - Resolution for Common Errors

https://gstinfotamil.blogspot.com/2023/06/e-invoice-resolution-for-common-errors.html

CBDT extends TDS (Other than 24Q) and TCS Returns for 1st Quarter of FY 2023-24 till September 30, 2023

https://gstinfotamil.blogspot.com/2023/06/cbdt-extends-tds-other-than-24q-and-tcs.html

Constitutional validity of Section 16(4) of the CGST Act challenged

https://gstinfotamil.blogspot.com/2023/06/constitutional-validity-of-section-164.html

Procedure for applying for Amnesty scheme for onetime settlement of default in export obligation by Advance and EPCG authorization holders in manual mode

https://gstinfotamil.blogspot.com/2023/06/procedure-for-applying-for-amnesty.html

CBDT notified the Tolerance limit for Transfer Pricing remains unchanged for AY 2023-24

https://gstinfotamil.blogspot.com/2023/06/cbdt-notified-tolerance-limit-for_27.html

TDS under Section 194I Or Section 194C for Car hiring charges?

https://gstinfotamil.blogspot.com/2023/06/tds-under-section-194i-or-section-194c.html

TDS Rate Chart for FY 2023-24 (AY 2024-25) with TDS Section List

https://gstinfotamil.blogspot.com/2023/06/tds-rate-chart-for-fy-2023-24-ay-2024.html

2- Factor Authentication for e-Way Bill and e-Invoice System

https://gstinfotamil.blogspot.com/2023/06/2-factor-authentication-for-e-way-bill.html

Advisory: Update on Enablement Status for Taxpayers for e-Invoicing

https://gstinfotamil.blogspot.com/2023/06/advisory-update-on-enablement-status.html

CBDT ENABLED COMMON OFFLINE UTILITY FOR FILING ITR 1, ITR 2 AND ITR 4

https://gstinfotamil.blogspot.com/2023/06/cbdt-enabled-common-offline-utility-for.html

Assessee is entitled to claim ITC on vehicle modified and supplied as an ambulance

https://gstinfotamil.blogspot.com/2023/06/assessee-is-entitled-to-claim-itc-on.html

India’s Foreign Trade for the month of June, 2023

 https://gstinfotamil.blogspot.com/2023/07/indias-foreign-trade-for-month-of-june.html

 


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