Updates on Goods & Service Tax & Central Excise

Central Excise

By virtue of Circular No. 1050/38/2016-CX dated 08th of November, 2016, it is hereby clarified that No Annual Return is required to be filed for the period 2015-16 which is due to be filed by 30.11.2016. Copy of the Circular is attached for your reference.


Goods & Service Tax
Even though Draft Rules and Draft Formats related to GST Invoice, Returns, Refunds etc.  have been issued by the Central Government, but the same are still drafts only and final GST Act, followed by Rules & Regulations and related instructions are yet to issued by the Central Government.  Hence we assure you that no sooner statutory rules, regulations and Act are notified by the Government; the same would be conveyed without loss of any time for your study, interpretation and compliances as and when the same become effective since it is expected that the final draft of the GST Legislations will be presented before the House in the upcoming winter session, initiating from 16th November, 2016. Finance Minister is positive of the same getting passed during the current parliament session, itself.
To access the draft rules and formats for your reference purposes, please click the below mentioned link:
http://www.cbec.gov.in/htdocs-cbec/gst/draft-rules-format
However, as per the latest guidelines issued by the government, it is advised to please check contents of A-1 application duly filled at www.aces.gov.in using your user-id and password, the details of your company as are reflected for their correction/amendments especially in the column of contact no and email addresses  which were provided by you at the time of registration. These amendments/updates are necessary  requirement for GST registration. In case there is something missing, it should be completed in all respects immediately, including current details of partners, directors with their Mail IDs and Mobile numbers etc. The said application be brought up to date in all respects as per columns and for this purpose you may have either received or will be receiving a communication from your jurisdictional Range office. In case of any difficulty felt by you, we are here to help you in that regard also.
In the mean time, you should also prepare yourself to get yourself enrolled on GST portal i.e. www.gst.gov.in and the manufactures, dealers, traders and importers of states Haryana, Rajasthan, Delhi, Uttar Pradesh besides others can get their units enrolled with the Government from 16.12.2016 to 31.12.2016 as per Scheduled PLAN of Central Government whereas the Service providers can get themselves enrolled from 1st of January, 2017 to 31.01.2017 and the said enrollment can be sought online and for the said enrollment the Central Government has issued instructions in the form of questions and answers (FREQUENTLY ASKED QUESTIONS), copy of which is enclosed along with the Schedule Plan for dates of enrollment for different states, for ready reference. Please note, Enrolment under GST means validating the data of existing taxpayers and filling up the remaining key fields for smooth transition to GST of existing taxpayers.
In case of any difficulty in applying for enrollment you can contact us for seeking our support and assistance, which will be provided promptly especially where the said instructions stipulate various documents to be kept ready at the time of seeking enrollment and complying with other procedures Next, important guidelines on this subject will be updated as and when are issued in due course.

to download notification & FAQ click below :-

Enrollment plan schedule
Migration FAQ


Excise Circular





Unfeigned Regards

Pritam


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