Category: GST

GST Exemptions on Skill Development, Start-Ups and Tourism

GST Exemptions on Skill Development, Start-Ups and Tourism  Shri Shiv Pratap Shukla, Minister of State for Finance in written reply to a question in Rajya Sabha has briefed members on GST exemptions available on Skill Development, Start-Ups and Tourism. It was stated that all kinds of representations received …

States Exempted from Tax Refund after GST

States Exempted from Tax Refund after GST         The North Eastern and Hilly States have not been provided exemption from tax refund till March, 2027 under GST. The GST Council in the meeting held on 30.09.2016, had decided that all entities exempted from payment of indirect tax under the then …

CBEC Guidance Note on CGST Transitional Credit

CBEC Guidance Note on CGST Transitional Credit Central Board of Excise & Customs  (CBEC) has issued a detailed guidance note to aid and assist the field offices in verification of transitional credit claimed in form TRAN-1. As per the letter dated 14th March, 2018 issued by the CBEC …

Clarifications on exports related refund issues-CBEC Circular. Instructions apply to exports made on or after 1-07-2017

 Clarifications on exports related refund issues-CBEC Circular CBEC has issued Circular No. 37/11/2018-GST dated 15th march, 2017 clarifying exports related refund issues. Earlier, the Board vide Circular No. 17/17/2017 – GST dated 15th November 2017 and Circular No. 24/24/2017 – GST dated 21st December 2017 had clarified various issues …