Category: GST

Classification and GST rate on lottery tickets-goods or services. CBEC Circular

Classification and GST rate on lottery tickets-goods or services Circular No.06/06/2017-CGST F. No. 354/149/2017-TRU Government of India Ministry of Finance Department of Revenue Tax Research Unit ***** New Delhi, the 27th August, 2017 To, The Principal Chief Commissioner/Chief Commissioners/ Principal Commissioner/ Commissioner of Central Tax (All) / Director …

Credit Notes in GST – Adjustment of tax liability

Credit Notes in GST-Adjustment of tax liability. Person issuing credit note to declare details in the return for the month during which it has been issued Credit Notes in GST Introduction A supplier of goods or services or both is mandatorily required to issue a tax invoice. However, …