CBIC exempts customs related deposits from duty, interest and penalty
Central Board of Indirect Taxes and Customs vide notification dated 19 January 2024 has extended certain duty exemptions till 1st March, 2024.
Maharashtra Goods and Services Tax (Second Amendment) Act,
“online money gaming” means online gaming in which players pay or deposit money or money’s worth, including virtual digital assets, in the expectation of winning money or money’s worth, including virtual digital assets, in any event including game, scheme, competition or any other activity or process, whether or not its outcome or performance is based on skill, chance or both and whether the same is permissible or otherwise under any other law for the time being in force. The following clause shall be inserted, namely specified actionable claim” means the actionable claim involved in or by way of betting, casinos, gambling, horse racing, lottery or online money gaming.
Special Procedure for Registered Manufacturers under Delhi GST Act, 2017
The Notification outlines a special procedure to be followed by registered persons engaged in manufacturing specific goods under the Delhi Goods and Services Tax Act, including requirements for furnishing details of packing machines, maintaining additional records, and submitting a special monthly statement.
Manufacturers of intoxicant to declare details of packing machines in Form GSTR SRM-I
CBIC has mandated manufacturers of intoxicants to declare details of packing machines This is to be done through FORM GST SRM-I, which must be submitted electronically on the common portal.
CBIC extends due date to file Form 3B by registered persons in certain districts of T.N
The amendment provides that the Form 3B shall be furnished on or before the tenth day of January, 2024 for the registered persons whose principal place of business is in the districts of Tirunelveli, Tenkasi, Kanyakumari, Thoothukudi and Virudhunagar in the state of Tamil Nadu.
Central Goods and Services Tax (Amendment) Rules, 2024
The amendment provides that the annual return in Form 9 & 9c shall be furnished on or before the tenth day of January, 2024 for the registered persons whose principal place of business is in the districts of Chennai, Tiruvallur, Chengalpattu, Kancheepuram, Tirunelveli, Tenkasi, Kanyakumari, Thoothukudi and Virudhunagar in the state of Tamil Nadu.
Jharkhand Goods and Services Tax (Second Amendment) Rules, 2023
The amendments cover a range of areas, including timeframes, processes, and rules related to information submission, registration suspension and revocation, physical verification of business premises, value of supplies, e-way bill generation, compounding amounts for offenses, consent-based information sharing, and notices for return defaulters. Additionally, new forms like FORM GST DRC-01C and FORM GST DRC-01D have been introduced, while existing forms like FORM GSTR-9 and FORM GSTR-9C have been amended.
CBIC extends due date to file form GSTR 3B by registered persons in Chennai
CBIC extends the due date for furnishing the return in FORM GSTR 3B for the month of November, 2023 till the twenty-seventh day of December, 2023, for the registered persons whose principal place of business is in the districts of Chennai, Tiruvallur, Chengalpattu and Kancheepuram in the state of Tamil Nadu.
Government of Tamil Nadu Extends Extends Due Date for Form GSTR-3B
Initially set for the 20th of December 2023, the due date has now been extended to the 27th December 2023 for taxpayers whose principal place of business is located in the four cyclone-affected revenue districts. Those filing their GSTR-3B return for the month of November 2023 will not be subjected to any additional financial penalties if they adhere to the extended due date of 27th December 2023.
The Bihar Goods and Services Tax (Second Amendment) Act, 2023
The Bihar GST (Second Amendment) Act 2023 firstly added two new definitions, “online gaming” and “online money gaming”. With regards to Actionable Claim a proviso was also added that a person who organizes or arranges, directly or indirectly, supply of specified actionable claims, including a person who owns, operates or manages digital or electronic platform for such supply, shall be deemed to be a supplier of such actionable claims.
