Circulars and Notifications issued under GST

  1. As per the Trade Circular issued by the Maharashtra dated 25th September, 2017 registered person shall display his certificate of registration at his principal place of business and at every additional place or places of business, also registered person is required to display his GSTIN on the name board which should be exhibited at the entry of his principle place of business and at every additional place or places of business. The GSTIN mentioned should be displayed in bold letters. If a registered person contravene the above rules than the penalty will be levied which may extend to Rs. 25000/-.
  2. CBEC issued Notification No. 36/2017- Central Tax dated 29th September, 2017, extends the date for filing TRAN 1 up to 31st October, 2017.
  3. CBEC vide circular date 28th September, 2017 clarified that in cases where service was received before 1st July, 2017 and payment for the value of the service was also made before 1st July, 2017, but the service tax was paid by 5th /6th July 2017, than the details of such credit should be indicated in Part I of Form ST-3 by filing a revised return. In order to give compliant assessees who had filed their ST 3 return by the due date or some days later, an immediate and viable window to file revised returns, all ST3 returns for the period 1st April, 2017 to 30th June, 2017 which have been filed upto and inclusive of the 31st day of August 2017, shall be deemed to have been filed on 31-8-2017. Once details of such credit are reflected in the ST-3, the assessee may proceed to fill in the details in Form GST TRAN-1.