GST Flash : Govt. extends GSTR-8 due-date, deposit's interest not includible for 'composition scheme' eligibility/threshold


CBIC extends due date for filing GSTR – 8 by e-commerce operators for the months of October, November and December, 2018 upto February 7, 2019: Further, explains that consideration represented by way of interest or discount in respect of value of supply of exempt services by way of extending deposits, loans or advances, shall not be taken into account for determining the eligibility for composition scheme and computing aggregate turnover in order to determine eligibility for said Scheme:Order No. 01/2019-Central Tax and Order No. 02/2019 both dated February 1, 2019 IC Orders