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Maharashtra Government prescribes Quarterly furnishing of FORM GSTR-1 for those Taxpayers with Aggregate Turnover of up to Rs.1.5 crore

November 16, 2017
The Government of Maharashtra, on November 15, 2017, has notifies the registered persons having aggregate turnover of up to 1.5 crore rupees in the preceding financial year or the current financial year, as the class of registered persons who shall follow the special procedure as detailed below for furnishing the details of outward supply of goods or services or both. The said persons shall furnish the details of outward supply of goods or services or both in FORM GSTR-1 effected during the quarter as specified below till the time period as specified in the corresponding entry The special procedure or extension of the time limit for furnishing the details or return, as the case may be, under Section 38(2) and Section 39(1) of Maharashtra Goods and Services Tax Act, 2017, for the months of July, 2017 to March, 2018 shall be subsequently notified in the Official Gazette. [No. MGST.1017/C.R. /Taxation-1] URL: https://egazzete.mahaonline.gov.in/Forms/GazetteSearch.aspx

EPFO introduces new functionality for generation e-Form-9.

November 16, 2017
Employees Provident Fund Organisation (EPFO) had introduced a functionality to generate e-Form-9 for the establishments/members joining EPF Scheme on or after October 18, 2017, has already been provided in the EPFO application software vide version no 5.68 dated September 22, 2017. This facility has been extended for the members/establishments joined on or after 1st April 2012 as well. Accordingly, in the EPFO Application Software version 5.82dated November 10, 2017, there are two functionalities provided: • Approval of Form~9 membership data. i.e. “Approve Form-9 Data (April2012 to Sept 2017)” and • Generation of e—Form—g data “Generate e-Form-9 (April 2012 to September 2017)”. The above provision has been made with the intention to generate e-Form-9 for the members/ Establishments joined on or after 1st April 2012 in the EPFO Application Software and thereby reduce the usage of papers and bulk registers. Usage of this functionality involves a two stage process. • The first step is a onetime approval of membership data along with updation of the same, if any, by the respective A0 (Accounts). • Then e-Form-9 can be generated in respect of those approved members/Establishments joined on or after is1 April 2012 to 30thSeptember 2017. [NDC/APPLDEV/2017/e-form9/13901] URL: http://www.epfindia.com/site_docs/PDFs/Circulars/Y2017-2018/e_form_9_generation.pdf

EPFO revises procedure for Auto Transfer of Accounts on Change of Employment

November 16, 2017
Employees Provident Fund Organisation (EPFO) vide circular dated November 15, 2017 has introduced the functionality to carry out Auto Transfer of accounts of a member on change of employment in its Unified Portal/EPFO Application software. Members satisfying the following preconditions and whose UAN and Aadhaar number is entered and matched by the present employer against the existing details as available against the UAN would be marked for auto transfer:- a) the Aadhaar number is seeded and verified at the previous establishment; b) member’s Date of joining, Date of exit and Reason of Exit should be available in respect of previous employment; c) UAN is activated and Mobile number is available. Auto Transfer will be initiated once first payment in respect of the new employee is received from the present employer against the UAN flagged for auto-transfer. SMS and e-mail (if registered) will be sent to the member once the transfer is auto initiated. There is also a provision for member to stop the auto transfer by using “Online Services” in the member portal. [No. IS/4(1)2017/2715] URL: http://www.epfindia.com/site_docs/PDFs/Circulars/Y2017-2018/IS_AccAutoTransfer_UnPr_2715.pdf

CBEC modifies Tariff Value for Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver

November 16, 2017
The Central Board of Excise and Customs (CBEC) on November 15, 2017 has amended the tariff notification in respect of fixation of tariff value of the following goods: • Crude Palm Oil • RBD Palm Oil • Others – Palm Oil • Crude Palmolein • RBD Palmolein • Others – Palmolein • Crude Soya Bean Oil • Brass Scrap (all grades) • Poppy seeds • Gold, in any form, in respect of which the benefit of entries at serial number 321 and 323 of the Notification No. 12/2012-Customsdated March 17, 2012 is availed • Silver, in any form, in respect of which the benefit of entries at serial number 322 and 324 of the Notification No. 12/2012-Customs dated March 17, 2012 is availed • Areca nuts The Tables 1, 2and 3 provided in the notification will be substituted for the existing tables in its parent notification. These tables contain the details about chapter headings, descriptions of goods and tariff value. [Notification No. 109/2017-CUSTOMS (N.T.)] URL: http://www.cbec.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2017/cs-nt2017/csnt109-2017.pdf

Integrated Goods and Services Tax Amendment Rules, 2017

November 16, 2017
The Central Board of Excise and Customs (CBEC), on November 15, 2017, has made amendments to the Integrated Goods and Services Tax Rules, 2017. The Integrated Goods and Services Tax Amendment Rules, 2017 has inserted Rule 3 which provides for the manner in which the proportion of value attributable to different States or Union territories, in the case of supply of advertisement services to the Central Government, a State Government, a statutory body or a local authority, under Section 12(14) of the Integrated Goods and Services Tax Act, 2017, in the absence of any contract between the supplier of service and recipient of services is to be determined. The Amendment Rules shall be deemed to come into force from July 1, 2017. [Notification 12/2017-Intergrated Tax] URL: http://www.cbec.gov.in/resources//htdocs-cbec/gst/notfctn-12-igst-english.pdf

Circular on Manual filing and processing of Refund Claims in respect of Zero-Rated Supplies under GST

November 16, 2017
Due to the non-availability of the refund module on the GST common portal, it has been decided by the competent authority, on the recommendations of the GST Council, that the applications/documents/forms pertaining to refund claims on account of zero-rated supplies shall be filed and processed manually till further orders. The following points are published in the Circular: • Conditions and procedure are laid down for the manual filing and processing of the refund claims; • Tabular form of the entire process of filing and processing of refunds manually; • Steps to be followed for processing of Refund Claims; • Detailed procedure for manual processing of refund claims. [Circular No. 17/17/2017 – GST] URL: http://www.cbec.gov.in/resources//htdocs-cbec/gst/Circular%20No.%2017-GST.pdf

SEBI’s Circular on Investments by FPIs in Hybrid Securities

November 16, 2017
Currently, the daily FPI net investment data and the FPI Assets Under Custody (AUC) data are being disseminated by the depositories (NSDL and CDSL). The FPI investments are classified as either debt or equity depending on the type of the security in which the FPIs transact. FPIs are permitted to invest in REITs and InvITs, which are classified as hybrid securities and presently, the said investments are not reflected in the daily FPI net investment data or the monthly/fortnightly FPI AUC data. Therefore, in order to capture FPI investment data in hybrid securities, the Securities and Exchange Board (SEBI) of India has introduced a third category termed as “Hybrid Security” shall be created for the purpose of capturing and disseminating FPI investment data in hybrid securities. The depositories (NSDL and CDSL) are directed to put in place the necessary systems for the daily reporting by the custodians of the FPIs and are also directed to disseminate on their websites, the AUC of the FPIs in debt, equity and hybrid securities. This circular shall come into effect immediately. [Circular No.: IMD/FPIC/CIR/P/2017/121] URL: http://www.sebi.gov.in/legal/circulars/nov-2017/investments-by-fpis-in-hybrid-securities_36597.html

Punjab Goods and Services Tax (Fifth Amendment) Rules, 2017

November 15, 2017
The Government of Punjab vide notification has further mended Punjab Goods and Services Tax Rules, 2017. Vide this amendment- (i) in Rule 3(3A), the following sub-rule shall be substituted, namely: “(3A)Notwithstanding anything contained in sub-rules (1), (2) and (3), a person who has been granted registration on a provisional basis under rule 24 or who has been granted certificate of registration under sub-rule (1) of rule 10 may opt to pay tax under section 10 with effect from the first day of the month immediately succeeding the month in which he files an intimation in FORM GST CMP-02, on the common portal either directly or through a Facilitation Centre notified by the Commissioner, on or before the 31st day of March, 2018, and shall furnish the statement in FORM GST ITC-03 in accordance with the provisions of sub-rule (4) of rule 44 within a period of ninety days from the day on which such person commences to pay tax under section 10: Provided that the said persons shall not be allowed to furnish the declaration in FORM GST TRAN-1 after the statement in FORM GST ITC-03 has been furnished.”; (ii) after Rule 46, the following rule shall be inserted, namely: “46A. Invoice-cum-bill of supply.- Notwithstanding anything contained in rule 46 or rule 49 or rule 54, where a registered person is supplying taxable as well as exempted goods or services or both to an unregistered person, a single “invoice-cum-bill of supply” may be issued for all such supplies.”; (iii) in Rule 54 (2), • for the words “tax invoice” the words “consolidated tax invoice” shall be substituted; • after the words “by whatever name called”, the words “for the supply of services made during a month at the end of the month” shall be inserted; (iv) in Rule 62(1), the following proviso shall be inserted, namely: “Provided that the registered person who opts to pay tax under section 10 with effect from the first day of a month which is not the first month of a quarter shall furnish the return in FORM GSTR-4 for that period of the quarter for which he has paid tax under section 10 and shall furnish the returns as applicable to him for the period of the quarter prior to opting to pay tax under section 10.”; (v) FORM GST CMP-02, FORM GSTR-1, FORM GSTR-1A, and FORM GSTR-4 have been amended. [No. G.S.R.54/P.A.5/2017/S.164/Amd.(5)/2017] URL: http://esarkar.punjab.gov.in/web/guest/customepage?p_p_id=guestPortlet&p_p_lifecycle=1&p_p_state=exclusive&p_p_mode=view&p_p_col_id=column-1&p_p_col_count=1&requestType=ApplicationRH&actionVal=openAttachmentFile&queryType=Select&screenId=400176&refDocId=2148238

DGCA issues guidance for Safety Management System Implementation in Air Operators under General Aviation

November 15, 2017
The Directorate General of Civil Aviation (DGCA) has issued guidance for Safety Management System (SMS) Implementation in Air Operators under General Aviation. General aviation operators of large or turbojet aeroplanes meeting following criteria are required to implement and maintain SMS that is appropriate to the size and complexity of their operation: a) Aeroplanes with a maximum certificated take-off mass exceeding 5 700 kg; or b) Aeroplanes equipped with one or more turbojet engines. The SMS of general aviation operators shall include at least the following: a) Process to identify actual and potential safety hazards and assess the associated risks; b) Process to develop and implement remedial action necessary to maintain an acceptable level of safety; and c) Provisions for continuous monitoring and regular assessment of the appropriateness and effectiveness of safety management activities. [F. No. DGCA-15032/03/2/2017-DAS] URL: http://www.dgca.nic.in/circular/ssp/SSP3_2017.pdf

Draft Petroleum (Amendment) Rules, 2017

November 15, 2017
Ministry of Petroleum & Natural Gas has issued draft amendment to the Petroleum Rules, 2002. Vide this amendment- • New clause (xixa) is inserted in Rule 2 which reads as “portable service station” means a standalone premises installed on a firm foundation in accordance with the sound engineering practice specially prepared for fuelling of motor vehicles and comprises of an above ground double walled petroleum storage tank integrated with dispensing system and connected facilities housed together in a closed container and of a type approved by the Chief Controller and premises licensed by the Controller. • In Rule 13(1) is substituted which reads as-All fees payable under these rules to the Chief Controller or Controller shall be paid by a crossed bank draft of a nationalised or scheduled bank drawn in favour of the Chief Controller of Explosives, payable at Nagpur or through e-payment. • In Rule 16, new sub-rule (6) shall be inserted which reads as- There shall be, (i) adequate electric lighting to facilitate operation during the hours between sunset to sunrise; and (ii) the light fittings and other electrical equipment’s or apparatus shall be suitable for such hazardous area and shall comply with the provisions of Chapter IV. • Rule 124(1) is substituted which reads as-Storage tanks or other receptacles for the storage of petroleum-in bulk, other than well-head tanks, after being installed and secured in the final position or after undergoing re-installation or any major repair, shall, before being put into use, be tested by water pressure specified in the tank construction code or specifications by a competent person. • The proforma of Certificate of Safety under Rule 130, proforma for No Objection Certificate under Rule 144, shall be substituted. • First Schedule under said rules which relates to fees to be paid for various licences has been substituted. Objections and suggestions which may be received from any person on the said draft shall be taken into consideration on or after the expiry of a period of forty-five days from the date on which the copies of the Gazette of India containing the draft rules are made available to the public. The objections and suggestions, if any, may be addressed to the Joint Secretary, Ministry of Petroleum and Natural Gas, New Delhi – 110 107 or sent by email: jsm.png@nic.in. [G.S.R. 1363(E)] URL: http://peso.gov.in/PDF/draftPR_Noti.pdf

EPFO issues instruction regarding automatic uploading of Jeevan Pramaan files

November 15, 2017
Employees Provident Fund Organisation (EPFO), pension team (NDC) has recently introduced automatic upload of Jeevan Pramaan files from NDC onto “Application Software’ and it is being shown at field office application in ‘updation of life certificates’ at SS (PDS) level and ‘manual confirmation of Jeevan Pramaan file’ function at DA(PDS). Moreover there is one more function introduced at DA (PDS) role, Pension>>Report>>Jeevan Pramaan upload status’. It will display the status of automatically uploaded Jeevan Pramaan files for a particular period. There are some remarks which is a hyperlink, will further display the list of locked PPOs. These locked PPOs have to be cleared by the concerned field office so that the same file can be successfully uploaded by the system on the very next day. However it has been observed that NDC is unable to upload many files due to the locked records at field office level Hence, it is requested to take care of the locked PPO‘s by the concerned offices and ensure to clear the locked records by the end of each working day. It shall help up to upload the pending Jeevan Pramaan files on priority. [No. NDC/14(1)2017/Pensi0n/2711] URL: http://www.epfindia.com/site_docs/PDFs/Circulars/Y2017-2018/NDC_Pension_2711.pdf

Extension of last date to receive comments on TRAI’s Consultation Paper on ‘Promoting Local Telecom Equipment Manufacturing’

November 15, 2017
Telecom Regulatory Authority of India (TRAI) had invited comments of stakeholders on Consultation Paper on ‘Promoting Local Telecom Equipment Manufacturing’ dated September 18, 2017. The last date for receiving written comments and counter-comments from the stakeholders were fixed as October 16, 2017 and October 30, 2017 respectively. On the requests received from stakeholders, the last date for receiving written comments and counter-comments from the stakeholders were extended till November 13, 2017 and November 27, 2017 respectively. Stakeholders have now requested additional time for undertaking further deliberations and expert analysis/view across cross-functions to respond to the queries raised in the CP. Keeping in view the request of stakeholders for further extension of time for submitting their comments, it has been decided to extend the last date for submission of written comments upto November 27, 2017 and for counter-comments upto December 11, 2017. Stakeholders are requested to submit their comments on or before November 27, 2017 preferably in electronic form to arvind@trai.gov.inand bharatgupta.trai@gmail.com. For any clarifications on the afore-said consultation paper, Shri Arvind Kumar, Advisor (Broadband & Policy Analysis), Telecom Regulatory Authority of India, Mahanagar Doorsanchar Bhawan, Jawaharlal Nehru Marg, New Delhi-110002 may be contacted at Tel: +91-11-23220209 Fax: +91-11-23230056. [Press Release No. 95/2017] URL: http://www.trai.gov.in/sites/default/files/Press_Release_No_95_14112017_0.pdf

The Foreign Exchange Management (Transfer or Issue of Any Foreign Security) (Amendment) Regulations, 2017

November 15, 2017
The Reserve Bank of India (RBI) vide notification dated November 14, 2017 has issued amendment to the Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004. Vide this amendment in Regulation 15- • In sub-regulation (v) clause (a), is substituted which reads as- “The Statutory Auditors of the Indian Party certify that law of the host country does not mandatorily require auditing of the books of accounts of JV/WOS and the figures in the APR are as per the un-audited accounts of the overseas JV/ WOS.” • New clause (c) shall be added which reads as- “(c) The above exemption from filing the APR based on unaudited balance sheet will not be available in respect of JV/WOS in a country / jurisdiction which is either under the observation of the Financial Action Task Force (FATF) or in respect of which enhanced due diligence is recommended by FATF or the any other country/jurisdiction as prescribed by Reserve Bank of India.” [G.S.R. 1386(E)] URL: http://egazette.nic.in/WriteReadData/2017/180259.pdf

CBEC exempts Life Saving Drugs Supplied Free of Cost and exempts IGST on Goods Imported on Lease

November 15, 2017
The Central Board of Excise and Customs on being satisfied that it is necessary in the public interest so to do, has made amendments in Notification No. 50/2017 Customs, dated June 30, 2017, which prescribes the effective rates of customs duty and IGST for goods imported into India. The following goods have been amendments to make the rate of Integrated Goods and Services Tax (IGST) as Nil subject to certain conditions as follows: Read Notification No. 50 /2017-Customs at http://www.cbec.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2017/cs-tarr2017/cs50-2017.pdf Read Notification No.65/2017-Customs, which inserted Condition No. 102 for item 1 above, at http://www.cbec.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2017/cs-tarr2017/cs65e-2017.pdf [Notification No. 85/2017-Customs] URL: http://www.cbec.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2017/cs-tarr2017/cs85-2017.pdf

FSSAI extends the date for Compliance with FSS (Fortification of Foods) Regulations, 2016 for Edible Oil Fortification

November 15, 2017
The Food Safety and Standards Authority of India (FSSAI) vide File No. 11/03/Reg/Fortification/2014 dated November 17, 2016, operationalized the draft Food Safety and Standards (Fortification of Food) Regulations, 2016 which was made effective from October 16, 2016, wherein standards for fortification of vegetable oil with Vitamin A or Vitamin D has been prescribed. This regulation was further operationalised with revised milk standards vide letter no 11/03/Reg/Fortification/2014 (Pt-I) dated May 19, 2017. Industries involved in fortification of Oil were exempted with label discrepancies for the fortified vegetable oil with respect to label claim and the actual levels of fortification vide this office letter No. 12(3) 2016/Edible Oil/RCD/FSSAI dated March 28, 2017 valid till August 05, 2017. Several representations have been received by the FSSAI for further extension of the said directive so as to exhaust the existing inventory available with the concerned Food Business Operators (FBOs). In view of the above, FSSAI has decided to extend the time period for label discrepancies involved in the fortification of vegetable oil with Vitamin A or Vitamin D till December 31, 2017 subject to condition that the level of fortification shall be as per the FSS (Fortification of Foods) Regulations, 2016. [F.N o. GRP/E0F/Fortification/01/FSSAI-2016] URL: http://www.fssai.gov.in/dam/jcr:a33af32a-a183-458c-bb1b-c8db5e5ffee9/Letter_Edible_Oil_Fortification_5_11_2017.pdf

Amendments to Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 regarding Definition of Issuer

November 15, 2017
The Securities and Exchange Board of India (SEBI), on March 27, 2015, had notified the Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 [SEBI (IFSC) Guidelines, 2015] and various amendments made thereto from time to time were made. Based on the consultations held with the stakeholders and to protect the interests of investors in securities and to promote the development of, and to regulate the securities market, the SEBI has decided to amend the definition of ‘issuer’ as given in Clause 2 (1) (i) which shall now read as follows: “issuer” shall mean: (i) any entity incorporated in India seeking to raise capital in foreign currency other than Indian rupee which has obtained requisite approval under Foreign Exchange Management Act, 1999 (FEMA) or exchange control regulations as may be applicable; or (ii) an entity incorporated in a foreign jurisdiction, provided such entity is permitted to issue securities outside the country of its incorporation or establishment or place of business as per the laws and regulations of its country of incorporation, jurisdiction or its constitution, or (iii) any supranational, multilateral or statutory organization/institution/agency provided such organization/institution/agency is permitted to issue securities as per its constitution. [Circular No.: SEBI/HO/MRD/DRMNP/CIR/P/2017/120] URL: http://www.sebi.gov.in/legal/circulars/nov-2017/securities-and-exchange-board-of-india-international-financial-services-centres-guidelines-2015-amendments_36586.html

Extension of time limit for submitting Declaration in FORM GST TRAN-1 under Rule 120A of CGST Rules, 2017

November 15, 2017
On the recommendations of the GST Council and in supersession of Order No. 08/2017-GST dated October 28, 2017 the period for submitting the declaration in FORM GST TRAN-1 under Rule 120A of the Central Goods and Service Tax Rules, 2017 is extended till December 27, 2017. [Order No. 10/2017-GST] URL: http://www.cbec.gov.in/resources//htdocs-cbec/gst/order10-cgst.pdf

Extension of time limit for submitting Declaration in FORM GST TRAN-1 under Rule 117 of CGST Rules, 2017

November 15, 2017
In supersession of Order No. 07/2017-GST dated October 28, 2017, the period for submitting the declaration in FORM GST TRAN-1 under Rule 117 of the Central Goods and Services Tax Rules, 2017 is extended till December 27, 2017. [Order No. 9/2017-GST] URL: http://www.cbec.gov.in/resources//htdocs-cbec/gst/order9-cgst.pdf

Exemption to all Taxpayers from Payment of Tax on Advances Received in case of Supply of Goods under CGST Act

November 15, 2017
In supercession of Notification No. 40/2017-Central Tax, the Central Government, on the recommendations of the Council, has notified the registered person who did not opt for the composition levy under Section 10 of Central Goods and Services Tax Act, 2017 as the class of persons who shall pay the central tax on the outward supply of goods at the time of supply as specified in Section 12(2)(a) of the said Act including in the situations attracting the provisions of Section 14 (Change in rate of tax in respect of supply of goods or services), and shall accordingly furnish the details and returns as mentioned in Chapter IX of the said Act and the rules made thereunder and the period prescribed for the payment of tax by such class of registered persons shall be such as specified in the said Act. Read Notification No. 40/2017-Central Tax at http://www.cbec.gov.in/resources//htdocs-cbec/gst/notfctn-40-cgst-english.pdf [Notification No. 66/2017 – Central Tax] URL: http://www.cbec.gov.in/resources//htdocs-cbec/gst/notfctn-66-central-tax-english.pdf

CBEC exempts Suppliers of Services through an E-Commerce Platform from obtaining Compulsory Registration under CGST Act, 2017

November 15, 2017
The Central Government, on the recommendations of the Council, has specified the persons making supplies of services, other than supplies specified under Section 9(5) of the Central Goods and Services Tax Act, 2017 through an electronic commerce operator who is required to collect tax at source under Section 52 of the said Act, and having an aggregate turnover, to be computed on all India basis, not exceeding an amount of Rs. 20 lakh in a financial year, as the category of persons exempted from obtaining registration under the said Act. Provided that the aggregate value of such supplies, to be computed on all India basis, should not exceed an amount of Rs. 10 lakh in case of “special category States” as specified in sub-clause (g) of clause (4) of article 279A of the Constitution, other than the State of Jammu and Kashmir. [Notification No. 65/2017 – Central Tax] URL: http://www.cbec.gov.in/resources//htdocs-cbec/gst/notfctn-65-central-tax-english.pdf

CBEC limits the Maximum Late Fee payable for Delayed Filing of return in FORM GSTR-3B from October, 2017 onwards

November 15, 2017
The Central Government, on November 15, 2017, has waived off the amount of late fee payable by any registered person for failure to furnish the return in FORM GSTR- 3B for the month of October, 2017 onwards by the due date under Section 47 of the Central Goods and Services Tax Act, 2017, which is in excess of an amount of Rs. 25 for every day during which such failure continues. Where the total amount of central tax payable in the said return is nil, the amount of late fee payable by such registered person for failure to furnish the said return for the month of October, 2017 onwards by the due date under section 47 of the said Act shall stand waived to the extent which is in excess of an amount of Rs. 10 for every day during which such failure continues. [Notification No. 64/2017 – Central Tax] URL: http://www.cbec.gov.in/resources//htdocs-cbec/gst/notfctn-64-central-tax-english.pdf

CBEC further extends the Due Date for submission of details in FORM GST-ITC-04

November 15, 2017
The Central Government, on November 15, 2017, has made amendments in Notification No. 53/2017- Central Tax, dated the October 28, 2017 to extend time limit for making the declaration in FORM GST ITC-04, in respect of goods dispatched to a job worker or received from a job worker or sent from one job worker to another, during the quarter July to September, 2017 from November 30, 2017 to December 31, 2017. Read Notification No. 53/2017- Central Tax at http://www.cbec.gov.in/resources//htdocs-cbec/gst/notfctn-53-central-tax-english.pdf [Notification No. 63/2017 – Central Tax] URL: http://www.cbec.gov.in/resources//htdocs-cbec/gst/notfctn-63-central-tax-english.pdf

CBEC extends Time Limit for furnishing the Return in FORM GSTR-6 for the month of July, 2017

November 15, 2017
In supersession of Notification No. 43/2017-Central Tax, the Commissioner, Central Board of Excise and Customs, on November 15, 2017 has extended the time limit for furnishing the return by an Input Service Distributor in FORM GSTR-6 under Section 39(4) of the Central Goods and Services Tax Act, 2017 read with Rule 65 of the Central Goods and Services Tax Rules, 2017 for the month of July, 2017 till December 31, 2017. The extension of the time limit for furnishing the return under Section 39(4) of the said Act for the month of August, 2017, September, 2017 and October, 2017 shall be subsequently notified in the Official Gazette. Read Notification No. 43/2017-Central Tax at http://www.cbec.gov.in/resources//htdocs-cbec/gst/notfctn-43-cgst-english.pdf [Notification No. 62/2017 – Central Tax] URL: http://www.cbec.gov.in/resources//htdocs-cbec/gst/notfctn-62-central-tax-english.pdf

CBEC extends Time Limit for furnishing the Return in FORM GSTR-5A for the months of July to October, 2017

November 15, 2017
In supersession of Notification No. 42/2017-Central Tax, the Commissioner, Central Board of Excise and Customs, on November 15, 2017 has extended the time limit for furnishing the return in FORM GSTR-5A for the month of July, 2017, August, 2017, September, 2017 and October, 2017 by a person supplying online information and database access or retrieval services from a place outside India to a non-taxable online recipient referred to in Section 14 of the Integrated Goods and Services Tax Act, 2017 and Rule 64 of the Central Goods and Services Tax Rules, 2017, till December 15, 2017. Read Notification No. 42/2017-Central Tax at http://www.cbec.gov.in/resources//htdocs-cbec/gst/notfctn-42-cgst-english.pdf [Notification No. 61/2017 – Central Tax] URL: http://www.cbec.gov.in/resources//htdocs-cbec/gst/notfctn-61-central-tax-english.pdf
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