Category: GST
GST roll-out Guidance Note for Importers and Exporters. Brief summary of changes that would impact importers and exporters upon roll out of GST Indian Customs gears up for GST roll-out – Guidance Note for Importers and Exporters I. Introduction: The purpose of this guidance note is to bring …
CGST exemption for dealers operating under Margin Scheme notified under section 11(1) GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No.10/2017-Central Tax (Rate) New Delhi, the 28th June, 2017 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 11 of the Central …
CGST-Supplies to be treated neither supply of goods nor services. Activity in relation to function entrusted to Panchayat under article 243G of Constitution To notify supplies which shall be treated neither as a supply of goods nor a supply of service under the CGST Act Government of India …
CGST-Exempting supplies to a TDS deductor by a supplier, who is not registered GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No.9/2017-Central Tax (Rate) New Delhi, the 28th June, 2017 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 11 of the …
CGST exemption from reverse charge upto Rs 5000 per day under section 11 (1) GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No.8/2017-Central Tax (Rate) New Delhi, the 28th June, 2017 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 11 of …
Services on which GST is payable under reverse charge mechanism under CGST Act. Government of India Ministry of Finance (Department of Revenue) Notification No. 13/2017- Central Tax (Rate) New Delhi, the 28th June, 2017 GSR……(E).- In exercise of the powers conferred by sub-section (3) of section 9 of …
IGST-Goods for which unutilised input tax credit refund not allowed for higher input tax rates than output supplies rate GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No.5/2017-Integrated Tax (Rate) New Delhi, the 28th June, 2017 G.S.R. (E).– In exercise of the powers conferred by clause …
Goods on which integrated tax is payable on reverse charge basis by the recipient of the intra-state supply of such goods GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No.4/2017-Integrated Tax (Rate) New Delhi, the 28th June, 2017 G.S.R. (E).- In exercise of the powers conferred …
Rate of interest under CGST Act 2017 under various sections. 18% interest for delay in tax payment, 24% for making undue or excess claim of input tax credit Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 13/2017 – Central …
CGST Rules 2017-HSN Codes-digits required on tax invoice based on annual turnover in the preceding financial year Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 12/2017 – Central Tax New Delhi, the 28th June, 2017 7 Ashadha, 1939 Saka …