Goods and Services Tax

Recommendations made during the 26th meeting of the GST Council held in New Delhi Today

Goods and Services Tax – GST – Dated:- 10-3-2018 – I. Return filing System The present system of filing of GSTR 3B and GSTR 1 is extended for another three months i.e., April to June, 2018 till the new return system is finalized. A new model was discussed extensively and Group of Ministers on IT has been tasked to finalize the same. II. Reverse charge mechanism The liability to pay tax on reverse charge basishas been deferred till 30.06.2018. In the meantime, a Group of Ministers will look into

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