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CBEC notifications related to GST under Central Tax and Integrated Tax

Circular No.ES/284/2017-18                                                                                January 24, 2018

To: Members of the Council

Sub: CBEC notifications related to GST under Central Tax and Integrated Tax

Dear Member,

We would like to inform you that the Central Board of Excise ad Customs (CBEC) has issued various notifications relating to GST under Central Tax and Integrated Tax.

The details are given here-below:

CENTRAL TAX

The Central Government has amended the Central Goods and Services Tax Rules, 2017. These rules may be called the Central Goods and Services Tax (Amendment) Rules, 2018.

 

  • Notifications relating to reduction of late fees in GST returns is given here- below:-

 

Sr. No.

Notification No.

Subject

Description

(1)

Notification No. 04/2018-Central Tax dated  23-01-2018

Delay in filing of FORM GSTR-1

Waives the amount of late fee payable by any registered person for failure to furnish the details of outward supplies for any month/quarter in FORM GSTR-1 by the due date under section 47 of the said Act, which is in excess of an amount of twenty-five rupees for every day during which such failure continues: Provided that where there are no outward supplies in any month/quarter, the amount of late fee payable by such registered person for failure to furnish the said details 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 ten rupees for every day during which such failure continues.

(2)

Notification No. 05/2018-Central Tax dated  23-01-2018

Delay in filing of FORM GSTR-5

Waives the amount of late fee payable by any registered person for failure to furnish the return in FORM GSTR- 5 by the due date under section 47 of the said Act, which is in excess of an amount of twenty-five rupees for every day during which such failure continues: Provided that 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 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 ten rupees for every day during which such failure continues.

(3)

Notification No. 06/2018-Central Tax dated  23-01-2018

Delay in filing of FORM GSTR-5A

Waives the amount of late fee payable by any registered person for failure to furnish the return in FORM GSTR- 5A by the due date under section 47 of the GST Act, which is in excess of an amount of twenty-five rupees for every day during which such failure continues: Provided that where the total amount of integrated 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 by the due date under section 47 of the GST Act shall stand waived to the extent which is in excess of an amount of ten rupees for every day during which such failure continues.

(4)

Notification No. 07/2018-Central Tax dated  23-01-2018

Delay in filing of FORM GSTR-6

Waives the amount of late fee payable by any registered person for failure to furnish the return in FORM GSTR- 6 by the due date under section 47 of the said Act, which is in excess of an amount of twenty-five rupees for every day during which such failure continues.

 

The Commissioner hereby extends the time limit for furnishing the return by an Input Service Distributor in FORM GSTR- 6 under sub- section (4) of section 39 of the said Act read with rule 65 of the Central Goods and Services Tax Rules, 2017 for the months of July, 2017 to February, 2018 till the 31st day of March, 2018.

 

The Government notifies that www.gst.gov.in as the Common Goods and Services Tax Electronic Portal for facilitating registration, payment of tax, furnishing of returns and computation and settlement of integrated tax.

The Government also notifies that www.ewaybillgst.gov.in as the Common Goods and Services Tax Electronic Portal for furnishing electronic way bill.

 

In the said notification, for the words and figures “except rule 96”, the words, figures, brackets and letter ‘except sub rules (1) to (8) and sub rule (10) of rule 96” shall be substituted.

 

INTEGRATED TAX

In the said notification, for the words and figures “except rule 96”, the words, figures, brackets and letter ‘except sub rules (1) to (8) and sub rule (10) of rule 96” shall be substituted.

Members may kindly make a note of the above.

Thanking You,  

 

Yours faithfully,

S.BALARAJU
EXECUTIVE DIRECTOR

 

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