Category: GST
GST Rate on Food prepared in office kitchens and served there is 5% without ITC. This has been clarified by the Official twitter handle of the GoI for queries on GST.
Advisory on the issue of Tax Invoices correctly, display of GSTIN, display of certificate of registration and mentioning of words “GST Composition Taxable Person” The following items, among others, must be clearly mentioned on a tax invoice: Your GSTIN (GST Identification Number) and GSTIN of the recipient, if he/she is registered. Taxable …
No Extension of Due date for filing GSTR-1. Notification in circulation is fake. The last date for filing of GSTR-1 for quarter July-Sep, 2017 (taxpayers having turnover upto Rs. 1.5 cr) and for months Jul-Nov, 2017 (taxpayers having turnover above Rs. 1.5 cr) is today, i.e. 10-Jan-2018. However …
GST Concept & Status as on 01-01-2018 and Power Point Presentation by CBEC The introduction of Goods and Services Tax on 1 st of July 2017 was a very significant step in the field of indirect tax reforms in India. By amalgamating a large number of Central and …
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 …