watch_later 10/03/18

1) E-Way Bill on inter-state movement shall be implemented from 1st April, 2018. For intra-state movement (i.e. within state), E-Way Bill shall be implemented in phased manner starting from 15th April, 2018.

2) Reverse Charge on inward supply from unregistered supplier u/s 9(4) has been deferred for another 3 months i.e. till 30th June, 2018.

3) No conclusion could be reached on simplification of returns. Existing system of filing only GSTR-3B and GSTR-1 along with suspension of GSTR-2 & 3 has been extended for another 3 months.

Credit: #GSTSathi

1 Response | Latest response: 10/03/18 | Sort by Likes(thumb_up) Recent | GST Reply
watch_later 10/03/18

Earlier we had news of implementation from June 1, so no one should believe news channels and papers.

RCM is again deferred is a good decision. Once people become comfortable with GST, RCM should be implemented.


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