Category: GST

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 …

CGST exemption from reverse charge upto Rs 5000 per day

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 …