Category: GST
GST Sectoral FAQ on Exports. CBEC has compiled and released a FAQ Booklet under GST sectoral Series. The booklet conmprises of 33 FAQs on GST related to Export sector GST Sectoral FAQ on Exports FAQ-EXPORTS Question 1: How are exports treated under the GST Law?Answer: Under the GST Law, …
CBEC has compiled and released a FAQ under GST sectoral Series. The booklet conmprises of 57 FAQs on GST in MSME Sector GST MSME Sectoral FAQ Question 1: What is GST? Answer: GST stands for Goods and Services Tax, which is levied on supply of goods or services. “Supply” …
GST to migrate from a complicated and multi tax system to a simpler tax system. With only 5 ration rates, overall the GST is much simpler to earlier tax Press Information Bureau Government of India Ministry of Finance 18-July-2017 GST : to migrate from a complicated and …
GST rates are lower than pre-GST tax on most items of mass consumption Press Information Bureau Government of India Ministry of Finance 18-July-2017 GST rates so notified are lower than the pre-GST tax incidence on most of the items of mass consumption such as cereals, pulses, milk, tea, …
Textile traders demand for nil GST on fabrics can not be accepted. Organized traders and unorganized sellers in Textile Sector not affected by GST-FinMin Press Information Bureau Government of India Ministry of Finance 18-July-2017 FM: Organized traders and unorganized sellers in Textile Sector have not been affected by …
Star rating of hotels irrelevant for GST rate determination Press Information Bureau Government of India Ministry of Finance 18-July-2017 Government clarifies that accommodation in any hotel, including 5-star hotels, having a declared tariff of a unit of accommodation of less than INR 7500 per unit per day, will …
DGFT related GST FAQ on export and FTP issues. Emails and tweets received by DGFT have been developed into a 20 question answers FAQ DGFT related GST FAQ FAQs on export and FTP related issues of GST The emails and tweets received by DGFT were scrutinized and developed …
Position regarding applicability of GST on Legal Services provided by individual Advocates including Senior Advocates and a Firm of Advocates Ministry of Finance Press Release Dated: 15th July, 2017 Position regarding applicability of GST on Legal Services provided by individual Advocates including Senior Advocates and a Firm of …
Clarification on GST on Legal Services. All legal services including representational services provided by senior advocates are under reverse charge. Ministry of Finance Press Release Dated: 15th July, 2017 Clarification regarding GST w.r.t. Legal Services by Advocates including Senior Advocates There are points being raised about the applicability …
GST Margin Scheme applicability for dealers in second hand goods in general and for dealers in old and used empty bottles in particular. Ministry of Finance Press Release Dated: 15th july, 2017 Position regarding applicability of the Margin Scheme under GST for dealers in second hand goods in …
