GST on Selling of space for advertisement in print media-Clarification. 5% GST rate If agency works on principal to principal basis and 18% if works as an agent. Press Information Bureau Government of India Ministry of Finance 23-August-2017 16:58 IST GST on Selling of space for advertisement in …
National Anti-Profiteering Authority in GST. The Authority is constituted to ensure that consumer is protected from arbitrary price increase in the name of GST National Anti-Profiteering Authority in GST Introduction: Any reduction in rate of tax on any supply of goods or services or the benefit of input …
Input Service Distributor in GST- ISD mechanism is meant for distributing the credit on common invoices pertaining to input services Input Service Distributor in GST Introduction Input Service Distributor (ISD) means an office of the supplier of goods or services or both which receives tax invoices towards receipt …
Casual taxable person in GST-Registration Returns and Refund Casual taxable person in GST-Registration Returns and Refund explained by CBEC Introduction “Casual taxable person” means a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business, whether as principal, …
Competition Commission of India Lesser Penalty Amendment Regulations 2017. 100% reduction in penalty for disclosure of a cartel by an enterprise. THE COMPETITION COMMISSION OF INDIA NOTIFICATION The Competition Commission of India (Lesser Penalty) Amendment Regulations, 2017 (No. 1 of 2017) New Delhi, the 8th August, 2017. No. …
GST Exemption to service provided by Fair Price Shops to Government under Public Distribution System (PDS) against consideration of commission or margin NOTIFICATION No. 21/2017-Central Tax (Rate) New Delhi, the 22nd August, 2017 G.S.R. 1046(E).—In exercise of the powers conferred by sub-section (1) of section 11 of the Central …