Goods and Services Tax

Due date of filing of GSTR-3B for the month of November 2019 has been extended to 23/12/2019
GST
Dated:- 21-12-2019

The Central Board of Indirect Taxes and Customs ( CBIC ) has extended

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The revenue trends since inception of GST – A presentation was made to the GST Council on the issue of revenue
GST
Dated:- 18-12-2019

PRESS NOTE ON REVENUE
A presentation was made to the GST Council on the issue of revenue, GST rate structure and compensation needs of the States. Before the presentation, the Convenor of GoM on revenue augmentation Sh. Sushil Kumar Modi, Dy CM (Bihar) made opening remarks about the revenue position and future roadmap. The presentation made thereafter was based on discussions in the Committee of officers of State and Centre on revenue augmentation. The revenue trends since inception of GST as shown below was taken note of –
GST Gross Revenue Trends
A constructive discussion followed the pre

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GST Council decisions relating to changes in GST rates, exemptions in the 38th meeting held on 18th December, 2019 of the GST Council
GST
Dated:- 18-12-2019

PRESS RELEASE
(On Rate Changes)
GST Council in the 38th meeting held on 18th December, 2019 at New Delhi took following decisions relating to changes in GST rates, exemptions, –
* To exempt upfront amount payable for long term lease of industrial/ financial infrastructure plots by an entity having 20% or more ownership of Central or State Government. Presently, the exemption is available to an entity having 50% or more ownership of Central or State Government. This change shall become effective from 1st January, 2020.
* To levy a single rate of GST @ 28% on bot

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GST Council’s decisions regarding Law and Procedure related changes – Recommendations of the GST Council in the 38th meeting of the GST Council held on 18.12.2019
GST
Dated:- 18-12-2019

38th Meeting of the GST Council, New Delhi
18 December, 2019
***
PRESS RELEASE
(Law and Procedure related changes)
In the 38th meeting of the GST Council held on 18.12.2019, the GST Council recommended the following:
* Grievance Redressal Committees (GRC) will be constituted at Zonal/State level with both CGST and SGST officers and including representatives of trade and industry and other GST stakeholders (GST practitioners and GSTN etc.). These committees will address grievances of specific/ general nature of taxpayers at the Z

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.
* To check the menace of fake invoices, suitable action to be taken for blocking of fraudulently availed input tax credit in certain situations.
* A Standard Operating Procedure for tax officers would be issued in respect of action to be taken in cases of non-filing of FORM GSTR 3B returns.
* Due date of filing GST returns for the month of November, 2019 to be extended in respect of a few North Eastern States.
* The Council also approved various law amendments which will be introduced in Budget 2020.
[This note presents the decision of the GST Council in simple language for easy understanding which would be given effect through Gazette notifications/ circulars which alone shall have force of law. The same will be made effec

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Fin Min sets 1.1 lakh cr monthly GST collection target
GST
Dated:- 17-12-2019

New Delhi, Dec 17 (PTI) Amid talks of the government likely to miss tax collection target this fiscal, the Finance Ministry has set a ₹ 1.1 lakh crore monthly GST mop-up target for the remaining four months of 2019-20 financial year, ministry sources said.
Revenue Secretary Ajay Bhushan Pandey had a video conference meeting with top tax officials and impressed upon them to step up measures to achie

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Centre will not renege on GST compensations: Sitharaman
GST
Dated:- 16-12-2019

Mumbai, Dec 16 (PTI) Union Finance minister Nirmala Sitharaman on Monday assured states that the Centre will not "renege" on the promise of GST compensations.
The delays to pass on the money are due to a slip in collections and the states have nothing to be embarrassed about, she said.
The remarks come at a time when states like Maharashtra and Kerala have been demanding the compensation sooner.
"It is certainly their right, I am not denying. At the same time, I am also making clear to say that I am not reneging on that. States will be given. We are certainly not reneging on it.
"I admit that the payments which had to go the

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Goods & Services Tax refund
GST
Dated:- 10-12-2019

A number of companies applied for a Goods & Services Tax (GST) refund since the introduction of the tax regime. As on 02.12.2019, a total of 1,86,158 entities have filed 36,42,272 refund applications, out of which 34,46,010 refund applications have been finalised.
This was stated by Shri Anurag Singh Thakur, Union Minister for State for Finance & Corporate Affairs, in a written reply to a question in Rajya Sabha today.
The Minist

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GST Seva Kendras resolve complaints related to GST
GST
Dated:- 9-12-2019

CBECMITRA, a pan-India helpdesk, a national toll-free number and “GST Seva Kendras” have been established to resolve taxpayer grievances relating to Goods & Service Tax (GST).
This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Lok Sabha today.
The Minister further stated that Goods and Services Tax Network (GSTN) has a hel

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Overwhelming response to Nationwide GST Stakeholder Feedback Diwas
GST
Dated:- 9-12-2019

The Central GST and State GST authorities organized a nationwide GST Stakeholder Feedback Diwas on New GST Returns for getting an on-the-spot response to the new GST Returns in 125 cities across the country where 7500+ trade associations/stakeholders participated in the programme. The new return form is to be made mandatory from 1st April 2020.
CBIC said that the Feedback Diwas programmes are still going on at various places. The preliminary reports received with the CGST authorities are very encouraging. There has been an overwhelming response from GST stakeholders and several useful suggestions have been received. The programme was wide

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le by Monday, 9th Dec and we will further work on it to facilitate ease of compliance and convenience to taxpayers. CBIC said that programme is hailed as a step in the right direction for greater transparency in tax administration.
It may be noted that the Finance Minister Smt. Nirmala Sitharaman had directed the CGST and SGST authorities to organize a nationwide interaction with stakeholders on 7th Dec 2019 in order to get a first-hand feedback on the new GST Returns that are proposed to be rolled out from 01.04.2020. This was a follow up of the Finance Minister's meeting held on 16.11.2019 with select taxpayers, Chartered Accountants and Tax practitioners on the same subject.
Further, during the 1st National Conference on GST held on 25

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Nationwide GST Stakeholder Feedback Diwasfor New GST Returns to be observed tomorrow
GST
Dated:- 6-12-2019

The Central GST and State GST authorities have organized a nationwide GST Stakeholder Feedback Diwas on New GST Returns on 7th December 2019 for getting an on-the-spot response to the new GST Returns to be introduced from 1st April 2020. The focus would be on assessing the ease of compliance and uploading of these new returns so that the trade does not face any difficulty when the returns are made legally mandatory. These feedback sessions would be attended by all prominent chambers of commerce and industry and other organisations representing taxpayers and tax practitioners & compliance managers. The tax officers shall b

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DGGI, Gurugram, arrests two for GST fraud involving 141 crores
GST
Dated:- 27-11-2019

The Directorate General of GST Intelligence (DGGI), Gurugram Zonal Unit (GZU), Haryana has arrested Shri Deepak Mittal, resident of Mayur Vihar, New Delhi, and proprietor of M/s DK Enterprise and Shri Ankur Garg, resident of Hansi, district Hisar, Haryana, proprietor of M/s Garg Enterprises.
Both the persons were found involved in fake invoices racket and fraudulently passed/ availed Input Tax Credit amounting to ₹ 141 Crores (approx.) through assistance of complex web chain of various entities.
During investigation it was found that Shri Deepak Mittal, an authorised dealer of ITC, have issued sale invoices of cigarettes directly/ ind

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Central GST Delhi North Commissionerate unearth a racket involving supply of goods-less invoices and invoice-less goods
GST
Dated:- 27-11-2019

Central GST Delhi North Commissionerate has unearthed a racket involving supply of goods-less invoices and invoice-less goods. One person has been arrested and remanded to judicial custody for 14 days by the Chief Metropolitan Magistrate (CMM), New Delhi at Patiala House Courts. The accused was found to be operating 10 fake firms which were created for rotation of money and fraudulent Input Tax Credit (ITC), thus defrauding the Exchequer. Prima facie fraudulent ITC of about ₹ 140 crores has been passed on using invoices involving an amount of ₹ 1,040 crores.
The modus opera

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Shareholding of GSTN
GST
Dated:- 25-11-2019

The GST Council in its 27th meeting held on 4th May, 2018 resolved that GSTN will be converted into a 100% Government-owned entity by transferring 51% equity shares held by the Non-Government Institutions to the Centre and States equally. This was stated by Shri Anurag Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Lok Sabha today.
The Union Cabinet in its meeting held on 26th September, 2018 decided to convert GSTN into a fully-owned Government company with 50% equity of the company to be held by the Central Government and the balance 50% to be held by various States and Union Territories.
The Minister further elaborated that

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Streamlining of GST
GST
Dated:- 20-11-2019

Goods & Services Tax (GST) has replaced multi-layered, complex indirect tax structure with a simple, transparent and technology-driven tax regime which has integrated India into a single, common market by removing barriers to inter-State trade and commerce. GST has eliminated cascading of taxes and reduced turnaround time for the transporters and all teething issues are being proactively resolved regularly by the GST Council and the Govern

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Central GST Delhi-West Commissionerate unearthed racket of issuance of fake invoices
GST
Dated:- 16-11-2019

Central GST Delhi-West Commissionerate has unearthed racket of issuance of fake invoices without actual supply of goods and services by M/s Royal Sales India and 27 other dummy companies. Two persons have been arrested in this matter and remanded to judicial custody for 14 days by Duty Magistrate, Patiala house Courts, New Delhi. The accused were found to be operating 28 fake companies to facilitate fraudulent Input Tax Credit (ITC), thus defrauding the exchequer. Prima facie, fraudulent ITC of about ₹ 108 Crore has been passed on using invoices involving amount of ₹ 900 Crore. Final duty is subject to outcom

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it for offsetting any likely tax liability and in some cases availing IGST refund etc.
Till now, 15 buyer firms have already admitted their liability vide their Voluntary Statement and further deposited voluntarily approx ₹ 1.30 Crore towards ITC wrongly availed, Interest and Penalty under Section 74(5) of CGST Act, 2017 till date. Further, approx. ₹ 1.58 Crore has been frozen in Bank Accounts of these fake firms.
Therefore, both accused have committed offence under the provisions of Section 132(1)(b) and (c) of CGST Act 2017, which are cognizable and non-bailable under section 132(5) being punishable under Section 132(1)(i) of the CGST Act 2017 and have been remanded to judicial custody for 14 days on 15.11.2019. Investigatio

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Racket of issuance of fake invoices involving GST of 22 crores busted
GST
Dated:- 15-11-2019

Central GST Delhi North Commissionerate has unearthed a racket of issuance of fake invoices without actual supply of goods and services. Shri Naveen Mutreja and Shri Keshav Ram have been arrested in this matter and remanded to judicial custody for 14 days by the Chief Metropolitan Magistrate (CMM), New Delhi at Patiala House Courts. The accused were found to be operating 42 fake firms created to facilitate fraudulent Input Tax Credit (ITC), thus defrauding the Exchequer. Prima facie fraudulent ITC of about ₹ 22 crores has been passed on using invoices involving an amount of ₹ 150 crores.
The modus operandi of the two accus

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GSTR-9 & GSTR -9C more simplified & last dates of submission extended
GST
Dated:- 14-11-2019

The Government has decided today to extend the due dates of filing of Form GSTR-9 (Annual Return) and Form GSTR-9C (Reconciliation Statement) for Financial Year 2017-18 to 31st December 2019 and for Financial Year 2018-19 to 31st March 2020. The Government has also decided to simplify these forms by making various fields of these forms as optional.
Central Board of Indirect Taxes & Customs (CBIC) today notified the amendments regarding the simplification of GSTR-9 (Annual Return) and GSTR-9C (Reconciliation Statement) which inter-alia allow the taxpayers to not to provide split of input tax credit availed on inputs, input services and

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New GST Returns
GST
Dated:- 12-11-2019

=============
Document 1
Years of GST
GST
NATION
TAX
MARKET
एक भारत-सशक्त भारत
GST
Goods and Services Tax
NEW RETURNS
15
YEARS OF
CELEBRATING
THE MAHATMA
अप्रत्यक्ष
कर
एवं
TAXES AND CUS
सीमा शुल्क
सत्यमेव जयते
भारत सरकार
GOVERNMENT OF INDIA
| देशसेवार्थ करसंचय
GST and Central Excise
Chennai Outer
Clean
Green
A Step Towards Cleanliness
The GST Council in its 31st meeting recommended introduc-
tion and implementation of a new GST Return System in a
phased manner from October 2019 to facilitate taxpayers.
In the new GST Retu

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y 2020.
The small taxpayers opting to file FORM GST RET-1 on a
quarterly basis will stop filing FORM GSTR-3B and will start
filing FORM GST PMT-08 from October 2019 onwards. They
will file their first FORM GST-RET-1 for the quarter October
2019 to December 2019 by 20th January 2020.
The periodicity of filing return in FORM GST RET-1 will be
deemed to be monthly for all taxpayers unless quarterly filing of
the return is explicitly opted for by small taxpayers. The aggregate
annual turnover of newly registered taxpayers will be considered
as zero and they will have the option to file a quarterly return.
In addition, small taxpayers can choose to file, instead of FORM
GST RET-1, any of the other two new quarterly returns, namely,
Sahaj (FORM GST RET-2) and Sugam (FORM GST RET-3).
Small taxpayers opting to file the return on quarterly basis are
required to pay tax, either by cash or credit or both, on monthly
basis on the taxable supplies made during the month by filing
FO

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ceding
financial year was upto Rs.5 Crore and have supplies only to
consumers and unregistered persons (B2C supplies) can file
this return based on FORM GST ANX – 1 and FORM GST
ANX – 2 on quarterly basis, but pay tax on monthly basis
through FORM GST PMT-08.
❖Taxpayers opting to file Sahaj can declare outward supply
under B2C category and inward supplies attracting reverse
charge only. E-commerce operators are ineligible to file Sahaj.
FORM GST RET-3 (SUGAM Quarterly)
❖Taxpayers whose aggregate turnover in the preceding
financial year was upto Rs.5 Crore and have made supplies to
consumers and un-registered persons (B2C) and to registered
persons (B2B) can file this return based on FORM GST
ANX – 1 and FORM GST ANX – 2 on quarterly basis, but
pay tax on monthly basis through FORM GST PMT-08.
❖Taxpayers opting to file Sugam can declare outward supply
under B2C and B2B category and inward supplies attracting
reverse charge only. E-commerce operators a

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s tax periods.
Edit/Amendment of uploaded documents
FORM GST- ANX-1A
The amendment of details of earlier tax period can be made in FORM
GST ANX-1A before the due date of September return following the
end of the financial year or the actual date of furnishing relevant annual
return, whichever is earlier.
Editing of documents can be
done only by supplier. Editing by
supplier is allowed only if recipi-
ent has not accepted such supply.
If already accepted, unless
reset/unlock by recipient details
cannot be edited by supplier.
❖
❖ Recipient filing monthly returns can
accept details uploaded by supplier till
10th of following month.
Recipient filing Quarterly returns can accept
details uploaded by supplier till 10th of
the month succeeding the quarter for
which the return is being filed.
Documents rejected by the recipient shall be conveyed to the supplier
only after filing of the return by the recipient.
Supplier may edit the rejected documents before f

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95,380 crore gross GST Revenue collected in October
GST
Dated:- 1-11-2019

The gross GST revenue collected in the month of October, 2019 is ₹ 95,380 crore of which CGST is ₹ 17,582 crore, SGST is ₹ 23,674 crore, IGST is ₹ 46,517 crore (including ₹ 21,446 crore collected on imports) and Cess is ₹ 7,607 crore (including ₹ 774 crore collected on imports). The total number of GSTR 3B Returns filed for the month of September up to 31st October, 2

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EXAMINATION FOR CONFIRMATION OF ENROLLMENT OF GST PRACTITIONERS
GST
Dated:- 25-10-2019

GOVERNMENT OF INDIA
MINISTRY OF FINANCE, DEPARTMENT OF REVENUE
NATIONAL ACADEMY OF CUSTOMS, INDIRECT TAXES & NARCOTICS, FARIDABAD.
PRESS RELEASE cum ADVERTISEMENT
24th October, 2019
EXAMINATION FOR CONFIRMATION OF ENROLLMENT OF GST PRACTITIONERS
The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) has been authorized to conduct an examination for confirmation of enrollment of Goods and Services Tax Practitioners (GSTPs) in terms of the sub-rule (3) of Rule 83 of the Central Goods and Services Tax Rules, 2017, vide Notification No. 24/2018-Central Tax dated 28.5.2018.
The GSTPs enrolled on the GST Network under sub-ru

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of which will be provided on NACIN and CBIC websites. The registration portal for exam scheduled on 12.12.2019 will be activated on 22nd November, 2019 and will remain open up to 5th December, 2019. For convenience of candidates, a help desk for this period will also be set up, details of which will be made available on the registration portal. The applicants are required to make online payment of examination fee of ₹ 500/- at the time of registration for this exam.
Pattern and Syllabus of the Examination
PAPER: GST Law & Procedures:
Time allowed: 2 hours and 30 minutes
Number of Multiple Choice Questions: 100
Language of Questions: English and Hindi
Maximum marks: 200
Qualifying marks: 100
No negative marking
Sylla

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DGGI, Gurugram, busts racket issuing fake GST invoices of more than 136 Crores
GST
Dated:- 24-10-2019

The Directorate General of GST Intelligence (DGGI), Gurugram Zonal Unit, Gurugram arrested Sh. Rajiv Gupta on 23.10.2019, partner in M/s RST Batteries, Mundka Delhi and Director of M/s RST Batteries Pvt. Ltd Bahadurgarh, Haryana for orchestrating a racket involving fake invoices valued at more than ₹ 136 crores thereby defrauding the Government of more than ₹ 20 crores. This fraud was given effect to by issuing fake invoices by creating a web of more than 52 fake firms. These fake firms were used to issue bogus invoices which were passed on to various dealers and manufacturers who used them for discharging Governme

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Two Persons arrested for involving in fake invoices racket & fraudulently availing Input Tax Credit
GST
Dated:- 9-10-2019

The Directorate General of GST Intelligence (DGGI), Gurugram Zonal Unit (GZU), Haryana has arrested two persons namely Sh. Gulshan Dhingra resident of Ramesh Nagar, New Delhi and Sh. Sanjay Dhingra resident of Punjabi Bagh, New Delhi who were found involved in fake invoices racket having taxable value of ₹ 931 crore and fraudulently passing/ availing Input Tax Credit (ITC) amounting to ₹ 127 crore through a complex web chain of various entities. Many of these entities were under their control and they also formed separate entities in the name of their employees/ dummy persons and generated fake

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GST Revenue collection for September, 2019
GST
Dated:- 1-10-2019

GST Revenue collection for September, 2019
₹ 91,916 crore total gross GST revenue collected in the month of September, 2019
The total gross GST revenue collected in the month of September, 2019 is ₹ 91,916 crore of which CGST is ₹ 16,630 crore, SGST is ₹ 22,598 crore, IGST is ₹ 45,069 crore (including ₹ 22,097 crore collected on imports) and Cess is ₹ 7,620 crore (including

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GST move to cut tourism services tax won't hit revenue: Goa CM
GST
Dated:- 25-9-2019

Panaji, Sep 24 (PTI) Goa Chief Minister Pramod Sawant on Tuesday said the GST Council's decision to slash tax on tourism services will not affect revenue collection in the state.
Sawant reasoned that the move is set to boost tourism in the state which will compensate the potential revenue loss.
In recent meeting, the GST Council resolved to decrease tax on hotel room tariff from 28 per cent t

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GST Rate on Services as Recommended by The GST Council in Its 37th Meeting
GST
Dated:- 20-9-2019

The 37th GST Council met in Goa today under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman . The meeting was also attended by Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur besides Chief Minister of Goa Shri Pramod Sawant, Finance Ministers of States & UTs and seniors officers of the Ministry of Finance .
GST Council took following decisions relating to changes in GST rates, ITC eligibility criteria, exemptions and clarifications on connected issues.
(A) EXEMPTIONS / CHANGES IN GST RATES / ITC ELIGIBILITY CRITERIA:
Rate reduction sector wise:
Hospitality and tourism:
* To reduce the rate of GST on hotel accommodation service as below: –
Transaction Value per Unit (Rs) per day
GST
₹ 1000 and less
Nil
₹ 1001 to ₹ 7500
12%
₹ 7501 and more
18%
* To reduce rate of GST on

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the validity of conditional exemption of GST on export freight by air or sea by another year, i.e. till 30.09.2020.
Insurance:
* To exempt “BANGLA SHASYA BIMA” (BSB) crop insurance scheme of West Bengal Government.
* To exempt services of life insurance business provided or agreed to be provided by the Central Armed Paramilitary Forces (under Ministry of Home Affairs) Group Insurance Funds to their members under the respective Group Insurance Schemes of these Central Armed Paramilitary forces.
Export promotion:
* To exempt services provided by an intermediary to a supplier of goods or recipient of goods when both the supplier and recipient are located outside the taxable territory.
* To issue a notification under Section 13(13) of IGST Act notifying the place of supply of specified R&D services (such as Integrated discovery and development, Evaluation of the efficacy of new chemical/ biological entities in animal models of disease,Evaluation of biological activity of nove

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e implementational ambiguity on the subject.
* To exempt services related to FIFA Under-17 Women's World Cup 2020 similar to existing exemption given to FIFA U17 World Cup 2017.
(B) RATIONALIZATION/ TRADE FACILITATION MEASURES:
* To allow payment of GST on securities lending service under reverse charge mechanism (RCM) at the merit rate of 18% and to clarify that GST on securities lending service for period prior to RCM period shall be paid on forward charge basis. IGST shall be payable on supply of these services and in cases where CGST/ SGST/ UTGST have been paid, such taxpayers will not be required to pay tax again.
* To allow RCM to suppliers paying GST @ 5% on renting of vehicles, from registered person other than body corporate (LLP, proprietorship) when services provided to body corporate entities.
(C) CLARIFICATIONS:
* To clarify the scope of the entry 'services of exploration, mining or drilling of petroleum crude or natural gas or both”.
* To clarify taxabilit

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