Tag: gst faq
Frequently Asked Questions GST on Banking Insurance and Stock Brokers Sector. CBIC has released a comprehensive FAQs consisting of 91 questions on three sectors BANKING SECTOR Question 1. Whether Banks are required to capture the details of ATMs in registration certificate as a ‘place of business’? Answer No. Banks are not …
CBEC released detailed FAQs on E-way Bills regarding portal, registration, Enrolment, Login etc.. E-way bill system has been implemented in all India from 1st April, 2018 1. FAQs- General Portal What is the common portal for generation of e-way bill? The common portal for generation of e-way bill …
FAQs related to IGST Refund-Common Error codes and Rectification Procedures F. No. 450/ 119120 17-Cus IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise & Custom) New Delhi. Dated 15th February, 2018 To All Principal Chief Commissioners of Customs. All Chief Commissioners of …
Refund of ITC accumulated due to Inverted Tax Structure (RFD-01A)-FAQ 1. What is Inverted Tax Structure in the GST regime? The term ‘Inverted Tax Structure’ refers to a situation where the rate of tax on input received (i.e. Input tax credit received) is more than the rate of …
GST FAQ Compilation on transportation and logistics CBEC has issued a comprehensive compilation of frequently asked question on transportation and logistics. The FAQ has been compiled after analysing various question received through various mediums. The FAQ comprises of total nineteen questions and answers. The questions replied in the FAQ ranges from basic …
Steps required for cancellation of GST Registration-Download User Guide/Manual with examples on detailed procedure for cancellation Who can file for cancellation of GST Registration? The following can file for cancellation of GST registration: 1. Existing Taxpayers. 2. Migrated Taxpayer whose application for enrolment has been approved. 3. Migrated …
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.
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 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 …
GST FAQ-Latest 25 tweet dated 28-12-2017 issued by the Official twitter handle of the GoI askGST_GoI for queries raised on GST Question 1: Please explain payment and receipt voucher head under documents issued in GSTR-01 Question 2: Can a company registered in Gujarat claim credit of CGST of …
