GST TIP – 430

As per Notification No 4 – Central Tax, the late for the filing of GSTR – 1 is Rs 25 per day in case of regular returns and in case of Nil returns is Rs 10 per Day.


GST TIP – 429

As per Notification No 3 – Central Tax, a new section has been added in FORM RFD-01 for claiming of Refund for “Exports made to SEZ unit or SEZ Developer (on payment of tax)”.

GST Tip – 421

As per Notification No 3 – Central Tax, Taxpayers who are registered in the erstwhile tax regime can cancel their registration number by 31st Match 2018 against the olden date of 31st Dec 2017 as per rule 24, in sub-rule (4)

GST Tip – 420

As per Notification No 3 – Central Tax, Person taking registration under composition scheme has to file Form ITC-03 within 180 days from the date of taking registration under composition scheme. Replacing old provisions of 90 days in Sub-rule 3(a) of rule 3 of CGST Act.

GST Tip – 390

An appeal against the advance ruling issued under sub-section (6) of section 98 shall be made by an applicant on the common portal in FORM GST ARA-02 and shall be accompanied by a fee of ten thousand rupees to be deposited as specified in section 49 of the CGST Act 2017.

GST Tip – 367

As per Notification No 44/2017-Central Tax,dt. 13-10-2017 , the taxpayers who are eligible to take input tax credit basis on sub-section of section 18 of the CGST Act 2017, who have taken registration during the month of July, August and September 2017, the last date for filing of  FORM GST ITC-01 is extended up to 31st Oct 2017.