Latest Update GST Notification & Circulars 2018-19 - GST In India

Tuesday, 17 April 2018

Latest Update GST Notification & Circulars 2018-19

Latest Update GST Notification & Circulars 2018-19

Latest Update as on 10th April 2018
Intra-state Implementation of E-way bills for Telangana, Gujarat, Uttar Pradesh, Andhra Pradesh and Kerala starts from 15th April 2018. Notification by states will be issued.

Intra-state e-way bill requirement for Karnataka is already in force.

Ever since April 1, 2018, Inter-state movement of goods above the value of Rs 50,000 throughout India require e-way bills mandatorily.


Due date of GSTR-6 filing extended!
For months from July 2017 to April 2018 is 31st May 2018.

TRAN-2 filing date extended!
Due date of TRAN-2 extended to 30th June 2018.

Know how to file TRAN-2 on GST portal.

Attention GST registered taxpayers! 31st March 2018 is the deadline
To opt-in for Composition scheme for FY 2018-19 by filing the intimation in Form GST CMP-02.

Follow our Step-by-step Guide to file CMP-02.

Also, furnish statement in form ITC-03 within 60 days of commencement of the FY 2018-19 to declare the ITC claim that has to be reversed on inputs/capital goods in stock, in semi-finished or in finished goods.

Updates on Latest GST Council meet:
26th GST Council meeting happened on 10th March 2018 at Vigyan Bhawan, New Delhi. Highlights are :

-No decision made on introducing GST returns & GSTR-1 & GSTR-3B to continue until the month of June 2018.

-E-Way bill to be implemented for inter-state movement of goods from 1st April 2018 and For intra-state movement of goods in four phases from 15th April 2018. But all States join the league by 1st June 2018.

-RCM provision not applicable till 30th June 2018.

-TDS & TCS provisions under GST to apply from 1st July 2018.

25th GST Council Meeting Highlights 

GSTR-5A late fees re-stated back to Rs 200 per day (Rs 100 per day for NIL returns)
TRAN-2 filing extended until 31st March 2018
E-Way Bill implementation from 1st February 2018 for Inter-state movement of goods has been put on hold.
Due date of GSTR-3B for December 2017 extended till 22nd January 2018
Late Fees for delayed filing of GST Returns – Reduced for GSTR-1, GSTR-5, GSTR-5A and GSTR-6
25th GST Council Meet was held on 18th January 2018.
Flyers issued by CBEC