NASSCOM Community : All Content - GST
Recent notifications on TDS and TCS provisions under GST
Fri, 14 Sep 2018 06:53:20 GMT
    51/2018-Central Tax ,dt. 13-09-2018 Seeks to bring section 52 of the CGST Act (provisions related to TCS) into force w.e.f 01.10.2018 50/2018-Central Tax ,dt. 13-09-2018 Seeks to bring section 51 of the CGST Act (provisions related
GST refunds - Government addresses significant concerns
Thu, 06 Sep 2018 06:23:00 GMT
Glad to share that the much needed definition of ‘adjusted total turnover’ relevant for determination of refund eligible has been amended vide Notification No. 39/2018. Basis the concerns raised by many members NASSCOM has been
GST Bills with proposed amendment to the GST laws
Wed, 29 Aug 2018 03:29:40 GMT
The Finance bills have been passed by the Lok Sabha proposing amendments in the GST laws and are pending President’s assent.  Please find below the key amendments relevant to the Technology sector which were raised by NASSCOM as part of our
GST portal allows companies to file consolidated refund claims for multiple tax periods
Mon, 27 Aug 2018 07:12:30 GMT
Addressing an important request from NASSCOM and the technology industry, the GST portal has recently allowed companies to file consolidated refund claims for multiple tax period instead on monthly refund claim.  You would recall that through a
114th Report of the Parliamentary standing committee on exports – GST
Fri, 24 Aug 2018 07:54:00 GMT
Please find attached the Report of the Parliamentary Standing Committee on Exports covering the impact of GST on exports. You would recall that NASSCOM had represented to the committee in November 2017 highlighting key issues of the technology
Some important facts about GST
Mon, 06 Aug 2018 09:14:49 GMT
Despite one year having passed since the implementation of GST, some people are still confused as to what it is and what its purpose is. So here are a few things about GST that everyone should know about: 1) What is GST? The GST is a single indirect tax
GSTR 6 due date is extended for the months of July, 2017 to August, 2018 till the 30th day of September, 2018.
Wed, 01 Aug 2018 06:34:10 GMT
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection(i)] Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Notification No. 30/2018 – Central Tax
Government extends due date for furnishing of FORM GSTR-6
Wed, 01 Aug 2018 06:32:10 GMT
Further to the concern expressed by many of our members regarding input tax distribution (ISD) registrations and returns, we had requested the GST council for an extension of due date for filing ISD returns.   Please find attached the
Government further postpones the TDS/ TCS provision
Mon, 02 Jul 2018 05:04:30 GMT
This is in reference to a recent press release by Ministry of Finance on postponement of TDS and TCS provisions under GST.  This confirms several news reports published in the last week where officials had confirmed that the provisions would not
CBIC issues Explanatory Notes to the Scheme of Classification of Services
Tue, 12 Jun 2018 06:50:30 GMT
The classification scheme applicable for services under GST as available on the CBIC website is being relied upon by companies for determination of GST rates in the various rates notifications. This classification scheme released is based on the National