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GST News Highlights 22nd Oct 2018

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Further extend deadline for filing September GST returns till December 31
The finance ministry on Sunday extended the deadline for filing summary sales return GSTR-3B for the month of September by five days to October 25.
Traders’ body CAIT Sunday wrote to Finance Minister Arun Jaitley seeking further extension of the deadline for filing summary sales return GSTR-3B for September till December 31, claiming issues arising due to technical glitches on the GST portal.

GST Council Secretariat asks Delhi, Punjab, 5 others to set up appellate authorities promptly
The GST Council Secretariat has asked six states, including Delhi, Madhya Pradesh and Punjab, and the Union Territory of Puducherry, to expeditiously set up appellate authorities to enable aggrieved entities to file appeals against orders of the Authority for Advance Rulings (AAR).

Companies struggling for IGST refunds in hill states, especially J&K
Companies are struggling to get refunds under the goods and services tax (GST) system in hilly areas, more so in Jammu and Kashmir.
While they are getting only 29 per cent of the integrated GST (IGST) on inter-state movements of goods as refund, unlike 100 per cent of the excise tax in the pre-GST regime in hilly areas, the issue has become more contentious in Jammu and Kashmir because the units there were exempt from the service tax on inputs too.

Source: Law Crux GST Update

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