Category: GST
Taxpayers guide on claiming Input Tax Credit and ITC-01-Six FAQs 1. What is GST ITC-01? Registered person who is entitled to claim credit of input tax under section 18 (1) is required to file a declaration in Form ‘GST ITC-01’. The credit may be availed for inputs held …
GST on College Hostel Mess canteen Fees-Clarifications. Supply of food or drinks taxable at 5% without ITC whether canteen is outsourced or not CBEC has clarified the queries seeking clarification regarding the taxability and rate of GST on services by a college hostel mess. According to the Circular …
CBEC Compilation of 51 GST Flyers updated as on 1st January, 2018, Central Board of excise and Custome has released a compilation of 51 GST flyers. These Flyers which are on important topics of GST are being brought out by the National Academy of Customs, Indirect Taxes, &Narcotics (NACIN), …
GST on accommodation services, betting and gambling in casinos, horse racing, admission to cinema, homestays, printing, legal services etc. CBEC reiterates previous clarifications Circular No. 27/01/2018-GST F. No. 354/107/2017-TRU Government of India Ministry of Finance Department of Revenue Tax research Unit **** North Block, New Delhi 04th January 2018 …
UP Commercial Tax Department guidelines for survey, investigation of traders for GST Compliances UP Commercial Tax Department has issued directions for survey/investigation of traders. As per the circular issued in this regard, investigations/surveys of traders are directed to be completed on priority basis. Physical Verification of all new registered traders …
Filing of returns under GST-CBEC circular. Clarification with consolidated information in various notifications and circulars regarding GST return filing Circular No. 26/26/2017-GST F. No. 349/164/2017/-GST Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs GST Policy Wing New Delhi, Dated the 29th …
Amendment to GST Rules/Forms-ITC Refund Formula for zero-rated supplies without payment of tax Government of India Ministry of Finance (Department of Revenue) Central Board of Excise and Customs Notification No. 75/2017 – Central Tax New Delhi, the 29th December, 2017 G.S.R……(E):– In exercise of the powers conferred by …
Effective date for e-way bill Generation and documents to be kept during the movement of goods to be 01-02-2018 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 74/2017 – Central Tax New Delhi, the 29th December, 2017 G.S.R. …..(E).— …
Waiver of Late fee for failure to furnish the GSTR-4 return by the due date, which is in excess of an amount of twenty five rupees for every day during which such failure continues Government of India Ministry of Finance (Department of Revenue) Central Board of Excise and Customs …
Extension of due date for filing Quartely Form GSTR-1 Returns by persons having aggregate turnover upto 1.5 crore Government of India Ministry of Finance (Department of Revenue) Notification No. 71/2017–Central Tax New Delhi, the 29th December, 2017 G.S.R. (E):— In exercise of the powers conferred by section 148 of …
