Business news articles published by The Economic Times

Business news articles published by The Economic Times
Wednesday, September 5, 2018
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Dear all,

Your association is forwarding herewith the Business news articles published by The Economic Times on dated 3rd Sept and 5th Sept 2018.

About 1,800 businesses opt for migration to GST regime (Dated 03/09/2018)

About 1,800 businesses that were registered under the earlier VAT and service tax regime have applied for migrating to the GST regime. The GST Council, in its meeting in July, had allowed businesses with provisional GST ID to migrate to the new GST regime. The Central Board of Indirect Taxes and Customs (CBIC) had then asked these taxpayers to approach the jurisdictional nodal officer of the Central or state government on or before the August 31, 2018, along with provisional ID, registration number under the earlier law, reason for not migrating in the system, along with the contact details………..

Government notifies new annual return form for GST (Dated 05/09/2018)

The government has notified a new return form for goods and services tax (GST) that will have to filed for the full year.

The normal taxpayers will need to file GSTR-9 return form while composition taxpayers will have GSTR-9A. The last date for filing the annual return form for 2017-18 is December 31……………

Finance Ministry simplifies GST refund claim process for businesses (Dated 05/09/2018)

Easing compliance burden for businesses, the Finance Ministry has said GST refunds can be claimed by simply submitting a printout of 'GSTR-2A' form to tax authorities instead of giving all purchase invoices of a month. 

GSTR-2A is a purchase return auto-generated by the system based on the transaction between a business and its supplier……

For more details please go through the attached news articles.

Thanking you,
With regards,

For Silvassa Industries & Manufacturers Association,

Narendra Trivedi,

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