TOP NEWS
E-Way Bill - Clarification sought on movement of goods drom dry to sea ports
GST - Tax sops only through budgetary support: MoS
GST exemption granted to skill development, start-ups and tourism
IGST Refund - Shipping lines filing EGMs with errors, says CBEC
GST - Reduction in tax rates to cost Exchequer over Rs 29000 Crore in full year
GSTN exploring options to enable taxpayers to generate invoices on GST portal
GST Refunds by Centre & States exceed Rs 10,000 Crore so far: Govt
CGST (RULES) NOTIFICATIONS
16/2018
Seeks to prescribe the due dates for filing FORM GSTR-3B for the months of April to June, 2018
15/2018
Notifies the date from which E-Way Bill Rules shall come into force
14/2018
Amending the CGST Rules, 2017(Third Amendment Rules, 2018).
CGST (RATES) NOTIFICATION
10/2018
Seeks to exempt payment of tax under section 9(4) of the CGST Act, 2017 till 30.06.2018.
IGST (RATES) NOTIFICATION
11/2018
Seeks to exempt payment of tax under section 5(4) of the IGST Act, 2017 till 30.06.2018.
UTGST (RATE) NOTIFICATION
10/2018
Seeks to exempt payment of tax under section 7(4) of the UT GST Act, 2017 till 30.06.2018.
CIRCULARS
Refund of IGST on Export - EGM Error related cases
Clarifications on exports related refund issues
JEST GST (By Vijay Kumar)
GST should be considered as the start of a process, not the end
It's the e-way
CASE LAW
2018-TIOL-20-HC-MAD-GST + Story
KK Ramesh Vs UoI
GST - Petitioner seeks inclusion of Petrol and diesel under GST on the ground that although International market price of crude oil per barrel is very low an exorbitant increase in the selling price of petroleum products directly affects the common man for the reason that most of the goods are transported through road/service transport and any increase in price of the fuel is bound to increase the selling price of the commodities, especially essential commodities and it is high time that the petrol and diesel prices should be brought within the ambit of Goods and Service Tax (GST); that though the petitioner has submitted a representation dated 16.06.2017 to the respondents and inspite of receipt and acknowledgment, no response is forthcoming, hence petitioner before High Court. Held: Goods and Services Tax council is having representation of the State Governments also and, therefore, their views have also to be elicited, before the Goods and Services Tax council take a call as to bring the petrol and diesel within the ambit of Goods and Services Tax - it is the prerogative of the Central Government to take a call on the basis of the recommendations of the Goods and Services Tax council - it is a well-settled position of law that “it is not for the Court to determine whether a particular policy or particular decision taken in the fulfillment of that policy is fair” and that Court can interfere only when it is found to be arbitrary or based on an irrelevant consideration or malafide or against any statutory provisions – High Court is not in a position to issue any positive direction to the respondents to consider the prayer sought for by the petitioner – Petition dismissed: HC [para 12 to 18] - Petition dismissed: MADRAS HIGH COURT
ARTICLES
GST - Data Analytics turning out to be most potent anti-evasion tool!
IGST 'Little Boat' may not sail in Nilekani's proposed GSTR model
Taxing exports - An unintended miss
SSO - One Establishment, Two registrations, many issues
Is notification 1/2018-CT(R) relating to Real Estate Services retrospective?
Reduced rate of GST on construction service
Renewable Energy based on Waste - Lost its Power under GST!
A Tale of Two Countries - And Their College Education Systems
GST Council's latest recommendations - Part-II
'GST Council's latest recommendations - Reality is sinking in...slowly and painfully...!'-Part-I
Transitional Credit u/s 140(3) not deniable to Construction Sector
Levy of tax on reimbursements under GST - A fresh look
Aadhaar & GST glitches should trigger IT Infrastructure Protection Review
