The government on Thursday postponed implementation of the e-way bill requirement for movement of consignments in the GST regime after technological glitches led to disruption in trade.

There has been certain spread around on payment of service tax after June 30, 2017. The issue has been clarified by Central Board of Excise and Customs (CBEC) on a consulting circular dated September 28, 2017. The CBEC has clarified that case where service was received and payment was also paid before July 1, 2017, … Continue reading “Payment of Service Tax in Transitional Period Clarified”

Like many industry associations and others, the Ministry of Finance has received many products from outside the realm of GST or minimum tax demand. But, the Ministry is in favor of keeping the list of exemptions short.

The Central Board of Excise and Custom hereby extends the due date of submission of the ST-3.