CBIC – 6 Notifications and 1 Circular for implementing the decisions taken in 32nd Council Meeting

CBIC - 6 Notifications and 1 Circular for implementing the decisions taken in 32nd Council Meeting




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CBIC – 6 Notifications and 1 Circular for implementing the decisions taken in 32nd Council Meeting

1. N. No. 10/2019-CT, 7-03-2019: To give exemption from registration for any person engaged in exclusive supply of goods and whose aggregate turnover in the financial year does not exceed Rs 40 lakhs.
2. N. No. 11/2019-CT, 07-03-2019: Seeks to prescribe the due dates for furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover upto Rs. 1.5 crores for the months of April, May and June, 2019.
3. N. No. 12/2019-CT, 07-03-2019: Seeks to prescribe the due dates for furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover of more than Rs. 1.5 crores for the months of April, May and June, 2019.
4. N. No. 13/2019-CT, 07-03-2019: Seeks to prescribe the due dates for furnishing of FORM GSTR-3B for the months of April, May and June, 2019.
5. N. No. 14/2019-CT, 07-03-2019: Seeks to supersede notification No. 08/2017 – Central Tax dated 27.06.2017 in order to extend the limit of threshold of aggregate turnover for availing Composition Scheme u/s 10 of the CGST Act, 2017 to Rs. 1.5 crores.
6. N. No. 02/2019-CTR, 07-03-2019: To give composition scheme for supplier of services with a tax rate of 6% having annual turnover in preceding year upto Rs 50 lakhs.
7. Circular No. 92/2019: Circular clarifying various doubts related to treatment of sales promotion scheme under GST
These Notifications shall come into effect from the 1st of April, 2019.
All are attached herewith.




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