AKGVG GST Updates
Dear Reader,
Greetings for the day!!!
We are pleased to share AKGVG's Weekly Insight, dated 2 January, 2018 which includes:
Date: 02.01.2018
Gist of notifications, orders, circulars issued by CBIC on 31.12.2018

The new year bonanza began with CBIC issuing a total of 44 notifications/ orders/ circulars on 31.12.2018, thereby giving effect to several recommendations of 31st GST council meeting held on 22nd December, 2018. A summarized version of the stated notifications/ orders/ circulars have been presented here under:

S. No. Title Notification / Circular / Order No.
1 Territorial jurisdiction of Central Tax Officers amended Notification No. 79/2018–Central Tax
2 Time limit to furnish FORM ITC-04 extended till 31.03.2019 Notification No. 78/2018-Central Tax
3 Late fees leviable for delayed furnishing of FORM GSTR-4 waived Notification No. 77/2018–Central Tax
4 Late fees leviable for delayed furnishing of FORM GSTR-3B waived Notification No. 76/2018-Central Tax
5 Late fees leviable for delayed furnishing of FORM GSTR-1 waived Notification No. 75/2018-Central Tax
6 GST Annual Return, Reconciliation Statement & Refund Application format amended Notification No. 74/2018–Central Tax
7 Supply between Govt Depts & PSUs exempted from GST TDS Notification No. 73/2018-Central Tax
8 Due date for filing GSTR-1 for those taxpayers as mentioned in first proviso of notification no. 44/2018 for period July 17 to Feb 19 till 31.03.2019 Notification No. 72/2018-Central Tax
9 CBIC extended date to file GSTR-1 for those tax payers who have obtained GSTIN in terms of notification No. 31/2018 for period July 17 to Dec 18 to 31.03.2019 Notification No. 71/2018-Central Tax
10 Time to furnish GSTR-3B for newly migrated taxpayers extended Notification No. 70/2018-Central Tax
11 Notification No. 69/2018-Central Tax
12 Notification No. 68/2018-Central Tax
13 Time limit to avail special procedure to complete migration to GST extended Notification No. 67/2018-Central Tax
14 IGST rules to determine place of supply in case of inter-State supply Notification No. 04/2018–Integrated Tax
15 Explanation provided regarding IGST on transport of goods in containers by rail by any person other than Indian Railways Notification No. 31/2018-Integrated Tax (Rate)
16 New services under Reverse Charge Mechanism wef 01.01.2019 Notification No. 30/2018-Integrated Tax (Rate)
17 CBIC exempt certain services from IGST w.e.f. 01.01.2019 Notification No. 29/2018-Integrated Tax (Rate)
18 Changes in IGST rates on various services from 01.01.2019 Notification No. 28/2018-Integrated Tax (Rate)
19 IGST on supply of gold by nominated agencies to registered persons exempted Notification No. 27/2018-Integrated Tax (Rate)
20 CBIC exempt IGST on certain goods wef 01.01.2019 Notification No. 26/2018-Integrated Tax (Rate)
21 Changes in IGST rates on goods wef 01.01.2019 Notification No. 25/2018-Integrated Tax (Rate)
22 Explanation regarding GST on Transport of goods in containers by rail by any person other than Indian Railways provided Notification No. 30/2018-Central Tax (Rate)
23 New services under Reverse Charge Mechanism wef 01.01.2019 Notification No. 29/2018- Central Tax (Rate)
24 CBIC exempt certain services from CGST w.e.f. 01.01.2019 Notification No. 28/2018- Central Tax (Rate)
25 Changes in CGST rates of various services from 01.01.2019 Notification No. 27/2018-Central Tax (Rate)
26 CBIC exempts CGST on supply of gold by nominated agencies to registered persons Notification No. 26/2018-Central Tax (Rate)
27 CBIC exempt GST on certain goods wef 01.01.2019 Notification No. 25/2018-Central Tax (Rate)
28 CBIC notifies Change in GST rates on goods wef 01.01.2019 Notification No. 24/2018-Central Tax (Rate)
29 Explanation regarding UTGST on Transport of goods in containers by rail by any person other than Indian Railways Notification No. 30/2018-Union Territory Tax (Rate)
30 UTGST on New services under Reverse Charge Mechanism wef 1st January 2019 Notification No. 29/2018-Union Territory Tax (Rate)
31 Certain services exempted from UTGST wef 01.01.2019 Notification No. 28/2018- Union Territory Tax (Rate)
32 Changes in UTGST rates of various services from 01.01.2019 Notification No. 27/2018-Union Territory Tax (Rate)
33 UTGST on supply of gold by nominated agencies to registered persons exempted Notification No. 26/2018-Union Territory Tax (Rate)
34 CBIC exempt UTGST on certain goods wef 01.01.2019 Notification No. 25/2018-Union Territory Tax (Rate)
35 Change in UTGST rates on goods notified wef 01.01.2019 Notification No. 24/2018-Union territory Tax (Rate)
36 GST rate for sprinkler and drip irrigation system including laterals Circular No. 81/55/2018-GST
37 Clarification regarding GST rates & classification (goods) Circular No. 80/54/2018-GST
38 GST Refund- CBIC clarifies on 7 Issues Circular No. 79/53/2018-GST
39 GST on export services through supplier of services located outside India Circular No. 78/52/2018-GST
We trust you will find this Journal informative as well as useful.
For any queries, you can write to us at "info@akgvg.com".
Looking forward to receive your valuable feedback

Disclaimer: The entire contents of this Journal have been prepared on the basis of relevant provisions and information existing at the time of preparation. The observations of the author are personal view and the author does not take any responsibility of the same and this cannot be quoted without the written consent of the author.

Best Regards!
Knowledge Updates Team
AKGVG & Associates
(Chartered Accountants)

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