GST Archive

Clarification-IGST Exemption on Inter-state movement of rigs tools and spares and all goods on wheels

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Clarification-IGST Exemption on Inter-state movement of rigs tools and spares and all goods on wheels like cranes. No IGST applicable unless movement is for further supply of the same goods Circular No. 21/21/2017-GST F. No. 354/320/2017 –TRU (Pt ) Government of India Ministry of Finance Department of Revenue Tax

 

Classification and GST rate on Terracotta idols. GST rate is NIL as per S. No. 135A

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Classification and GST rate on Terracotta idols. GST rate on Idols made of clay is nil as per S. No. 135A of notification 2/2017  Circular No. 20/20/2017-IGST F. No. 354/320/2017 –TRU (Pt) Government of India Ministry of Finance Department of Revenue Tax Research Unit North Block, New Delhi Dated

 

GST Portal calculation of late fee for GSTR-3B Return after due date

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GST Portal calculation of late fee for GSTR-3B Return after due date Late Fee (CGST + SGST) payable by taxpayers will now be calculated on the GST Portal as below. GST Portal will now be calculating Late Fee (CGST + SGST) payable as below: Rs. 50 per day for

 

Milling of paddy into rice not eligible for exemption – CBEC Circular

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Milling of paddy into rice not eligible for GST exemption under Notification 12/2017-Central Tax (Rate) Clarification Circular No. 19/19/2017-GST F. No. 354/263/2017-TRU Government of India Ministry of Finance Department of Revenue Tax research Unit **** North Block, New Delhi 20th November 2017 To, The Principal Chief Commissioners/Chief Commissioners/ Principal

 

Refund of unutilized ITC of GST paid on inputs for fabric export-clarification

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Refund of unutilized  ITC of GST paid on inputs for fabric export-clarification Circular No. 18/18 /2017-GST F. No. 354/320/2017-TRU -Pt.1 Government of India Ministry of finance Department of Revenue Tax research Unit **** North Block, New Delhi 16th November 2017 The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/ Commissioner of Central

 

ICAI FAQs-Ethical issues on GST-CAs can not write himself as GST Consultant

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ICAI FAQs-Ethical issues on GST-CAs can’t write himself as GST Consultant. ICAI answers twelve questions on Ethics related to GST  ICAI FAQs on ethical issues relating to GST Q1. Whether a member in practice can engage as GST practitioner? A. Yes, a member in practice can engage as GST

 

Cabinet approves the establishment of the National Anti-profiteering Authority under GST

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Cabinet approves the establishment of the National Anti-profiteering Authority under GST  Press Information Bureau  Government of India Ministry of Finance 16-November-2017 15:48 IST Cabinet approves the establishment of the National Anti-profiteering Authority under GST  The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for the creation