GST CMP 08 Due Date further extended from 31 July to 31 Aug. 2019 (April to June 2019): CBIC
CBIC has extended the due date for filing of statement of details of self-assessed tax paid in FORM GST CMP 08 for the quarter April, 2019 to June, 2019, …
Tag: Composition Scheme
Time Limit Extended for Builders to Choose GST Rate upto 20 May 2019, notifies CBIC
GST Council has tweeted that the Time Limit for Builders to Choose GST Rate has been extended from 10 May 2019 to 20 May 2019 and that CBIC will …
CBIC Notifies Procedure for Quarterly Tax Payment/ Annual Filing of Return by Taxpayers under Optional Composition Scheme
CBIC issued Notification 21/2019 Central Tax dt. 23 April 2019 for prescribing the procedure for quarterly tax payment and annual filing of return by taxpayers availing the benefit of …
CBIC Clarification on 3% GST Rate Option under Notification No. 2/2019 Central Tax Rate dt. 7 March 2019
CBIC has issued clarifications regarding exercise of option to pay tax @3% based on Notification No. 2/2019 Central Tax Rate dt. 7 March 2019, by taxpayers under composition, etc., …
Composition Scheme Threshold Limit Increased to Rs. 1.5 Crore for Suppliers of Goods under GST
CBIC notifies enhanced turnover limit of Rs. 1.5 crore for the existing composition scheme applicable for suppliers of goods, w.e.f. 1 April, 2019, i.e. the limit of threshold of …
CBIC notifies Optional Composition Scheme with 6% GST on Services/ Mixed Supplies
CBIC notifies an 'OPTIONAL' composition scheme for suppliers of 'SERVICES' or 'MIXED SUPPLIES' having annual turn over of upto Rs 50 lacs in the preceding financial year, with a …
GST Rates for Composition Scheme Applicable from 1 Feb. 2019 as per CGST Rule 7, notifies CBIC
CBIC has amended Notification No. 8/2017 (Central Tax) dt. 27 June 2017 to align/ prescribe the applicable tax rates for Composition Scheme as provided in Rule 7 of the …
Composition Dealers can submit GSTR-4 without filling details in Item 4A of Table 4
CBIC has issued a Press Release to clarify that composition dealers can submit quarterly GSTR-4 without filling/ submitting details of inward supplies in Item No. 4A of Table 4, …
Composition Dealers need not furnish details of Inward Supplies in Table 4 (GSTR-4), clarifies CBEC
CBEC (CBIC) has clarified that the taxpayers under Composition Scheme are not required to furnish the details of Inward Supplies in Table 4 (item 4A) of FORM GSTR-4 for January 2018 ~ …
0.5% Composition Tax (GST) for Manufacturers/ Traders w.e.f. 1 Jan. 2018, notifies CBEC
CBEC has notified/ prescribed 0.5% tax rate (reduced from 1%) for composition scheme under GST, applicable w.e.f. 1 Jan. 2018, in respect of manufacturers and suppliers.