Category: GST
Sale of old jewellery to jeweller not liable to GST under RCM-Further clarification Further clarification on tax in reverse charge on gold ornaments. Sale of old jewellery by an individual to a jeweller will not make the jeweller liable to pay tax under reverse charge mechanism on such …
GST-Services by Housing Society Resident Welfare Association Services provided by the Housing Society Resident Welfare Association (RWA) not to become expensive under GST; There is no change made to services provided by the Housing Society (RWA) to its members in the GST regime. There are some press reports …
No GST on hostel accommodation charges by educational institutions from its students No GST on Annual subscription/fees charged as lodging/boarding charges by educational institutions from its students for hostel accommodation; Services provided by an educational institution to students, faculty and staff are fully exempt from GST. There are …
No GST on prasadam supplied by religious places like temples, mosques churches, gurudwaras, dargahs. No GST is applicable on free food supplied in anna kshetras run by religious institutions; prasadam supplied by religious places like temples, mosques, churches, gurudwaras, dargahs, etc. attracts Nil CGST and SGST or IGST, …
GST rate for Sanitary Napkins-Government clarification Ministry of Finance Press Release Dated: 10th July 2017 GST rate for Sanitary Napkins There are some remarks made by various column writers on GST rate on sanitary napkins. It may be mentioned that the tax incidence on this item before and …
No GST on gifts-perquisites supplied by companies to their employees.Supply by employer to employee in terms of contractual agreement not subjected to GST Ministry of Finance Press Release dated: 10th July, 2017 Gifts up to a value of Rs 50,000/- per year by an employer to his employee …
Prices of appliances under UJALA revised after GST comes into effect Prices of appliances under UJALA revised after GST comes into effect 9W LED bulbs to cost Rs 70, 20W LED tube light to cost Rs 220 & 5-star rated fans will be available at Rs 1,200 …
Jammu and Kashmir joins GST making GST truly one nation one tax regime Ministry of Finance Press Release Dated: 8th July, 2017 The State of Jammu and Kashmir joins GST today making the GST truly a “ one nation, one tax” regime. The President of India has …
GST Rates on Goods and Services Booklet Download CBEC has issued a GST Rates Booklet for the help of the users. RATE OF GST ON GOODS The Rates have been categorised in seven different schedules: SCHEDULE I: LIST OF GOODS AT NIL RATE SCHEDULE II: LIST OF GOODS AT …
Supply of goods-services for export without integrated tax payment by furnishing Letter of Undertaking in place of Bond. Conditions and Safeguards Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 16/2017-Central Tax New Delhi, the 7th July, 2017 G.S.R… ( …