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Introduction: Initially, restaurant services were liable to 18% GST. Subsequently, at the 23^rd GST Council meeting on 10.11.2017 held at Guwahati, it was recommended that all standalone restaurants, irrespective of whether air conditioned or not, will attract 5% GST without ITC. To give effect to such decision, a notification No. 46/2017- Central Tax (Rate) dated 15.11.2017 was issued, as per which the GST rate applicable to services provided by restaurants, eating joint including mess,...

Compliance Related Aspects

1.1 Simplified return format:

The council has recommended for a simplified return process as follows:

1. All taxpayers excluding small taxpayers and a few exceptions like ISD etc. shall file one monthly return. 
2. The return is simple with two main tables. One for reporting outward supplies and one for availing input tax credit based on invoices uploaded by the supplier.
3. Invoices can be uploaded continuously by the seller and can be continuously...

Notification No 5/2018 – Central Tax, dated 23^rd Jan’18

 Reduction in the quantum of late fee payable w.r.t. the return in FORM GSTR-5

Sec 47 specifies the late filing fees of Rs. Rs.100 per day from the due date of filing up to the date of actual filing and maximum late fee that shall be levied is Rs. 5,000 per return, for the persons who are required to furnish returns u/s.37, 38 or 39 (i.e.GSTR-1/2/3/3B/4/5..etc) but fails to furnish within due date.

The present...

Clarification on various aspects of return filing such as return filing dates, applicability and quantum of late fee, amendment of errors in submitting / filing of FORM GSTR-3B and other related queries.  

1. Return Filing Calendar:  

For small taxpayers i.e. turnover less than Rs. 1.5 crores in preceding or current financial year  

Amendment to powers of State tax officers for processing and grant of refund  

State tax officers, vide Notification No. 39/2017-Central tax dated 29th Dec’17, had been given powers to grant refund under section 54 or section 55 of the CGST Act read with the rules made there under except rule 96 of the Central Goods and Services Tax Rules, 2017.  

Rule 96 at such time dealt with refund of integrated tax paid on goods exported out of India.    

Subsequently vide...

Notifying separate website for facilitating e-way bill services    

The Central Government, vide Notification no 4/2017 – Central Tax dated 19th Jun’17 notified ‘www.gst.gov.in’ as the Common Goods and Services Tax electronic portal for facilitating registration, payment of tax, furnishing of returns, computation and settlement of integrated tax and electronic way bill.  

The effective date for the same was notified as 22nd Jun’17.    

The present notification...