GST updates on 21st June 2017

#GST updates on 21st June 2017 :

►All States/UTs except the State of Jammu & Kashmir passes the State GST Act and are ready for the smooth roll-out of GST w.e.f.1st July,2017.

►CBEC issued FAQ on Migration to GST. Link:

http://www.cbec.gov.in/resources//htdocs-cbec/gst/faq-migration-to-gst.pdf

►6 Notifications under CGST and 2 under IGST were issued on 19.06.2017:

Notifications under CGST:

♫ Notification 1 : Central Government hereby appoints the 22nd day of June, 2017, as the date on which the provisions of sections 1, 2, 3, 4, 5, 10, 22, 23, 24, 25, 26, 27, 28, 29, 30, 139, 146 and 164 of the said Act shall come into force.

♫ Notification 2 : Appointment of Officers and their Jurisdictions for various states.

♫ Notification 3 : It is about Composition and Registration Rules and Related Applications/Forms.

♫ Notification 4 : Notifies 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.   

♫ Notification 5 : Seeks to exempt persons only engaged in making taxable supplies, total tax on which is liable to be paid on reverse charge basis.

♫ Notification 6 : Modes of verification under CGST Rules, 2017. (EVC and OTP)

[You can download copies of all notifications at http://www.cbec.gov.in/htdocs-cbec/gst/central-tax-notfns-2017 ]