Month: July 2017

Myths and reality about GST Law-7 misconceptions

Myths and reality about GST Law-7 misconceptions Ministry of Finance Press Release 02-July, 2017  The Revenue Secretary, Government of India, Dr. Hasmukh Adhia busts seven misconceptions about newly implemented law relating to Goods and Services Tax (GST).  The Revenue Secretary, Government of India, Dr. Hasmukh Adhia through a …

Exemption from excise and custom-On the eve of GST roll-out Govt. has issued several consequential notifications

Exemption from excise and custom-On the eve of GST roll-out, the Government has issued several consequential notifications granting exemptions from Central excise and customs. S.No. Ministry / Organization Notifications Issue Date Download 1 Ministry of Finance Notification No. 27/2017–Customs 30-Jun-2017 2 Ministry of Finance Notification No. 18/2017-Central Tax (Rate) 30-Jun-2017 …