Exclusive HOLI Discounts!
Get Courses and Combos at Upto 50% OFF!
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Abhishek Tiwari (Tax Analyst)     10 March 2018

26th GST concil meeting updates

26th GST Council Meeting Updates.

✓ Reverse Charge Mechanism on supplies from un-registered supplier to a registered person is deferred till June, 2018.

✓ Nationwide E-way Bill on Inter-state supplies to be rolled out from 1st April, 2018.

✓ Also, E-way Bill on Intra- state supplies to be made applicable from 15th April, 2018 in phases but not later than 1st June, 2018.

To facilitate the same states are divided into 4 lots.

Karnataka, Kerala and Tamil Nadu are likely to implement the same in first phase from 15th April.

✓ No decision on simplification of Returns.

✓ GSTR-3B to continue for further 3 months i.e. for Apr- Jun months.

✓ GST Implementation Committee (GIC) being tasked to redress the grievances caused to the taxpayers due to IT glitches.

✓ Deferred the implementation of E-wallet scheme for 6 months i.e. 1st Oct, 2018.

✓ Tax Exemption for exporters extended for further 6 months till 1st Oct, 2018 which was earlier 31st Mar, 2018.

✓ Suspended the provisions of TDS and TCS under section 52 & 53 respectively of CGST Act, 2017 till 30th Jun, 2018.


Learning

 1 Replies

KISHAN DUTT KALASKAR (Advocate)     12 March 2018

Dear Sir/Madam,

Since your case is complicated case as such I require documents and same may be send to my email for detailed legal advise.

 

with regards,

Kishan Dutt Kalaskar


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register