Tag: gst faq
GST FAQ on Government Services under Sectoral Series. CBEC has issued 31 Questions and Answers on GST related queries on Government Services liable to GST GST FAQ on Government Services under Sectoral Series Question 1: Are all services provided by the Government or local authority exempted from payment …
GST Sectoral Series FAQ on IT-ITES containing 26 Questions & Answers by CBEC on queris related to GST on Information technology/IT enabled sectors GST Sectoral Series FAQ on IT-ITES Question 1: Whether software is regarded as goods or services in GST? Answer: In terms of Schedule II of the …
GST SECTORAL SERIES FAQ- Gems and Jewellery GST SECTORAL SERIES FAQ- Gems and Jewellery Question 1: Whether advertising and communication material (banners/hoardings/posters) provided to distributors would be treated as supply in the course of business by the company thereby not requiring any reversal of ITC. Answer: (a) Where the material is provided …
HS code and GST rate FAQ. CBEC has issued 2nd series of Frequently Asked Questions on GST rates consisting 34 questions and answers GST RATE FAQs S. No. Question Answer 1. What is the HS code and GST rate for lac or shellac bangles? 1. Lac or shellac bangles …
GST-Frequently Asked Questions FAQs for Traders. CBEC has issued 31 Question and Answers on GST related queries of Traders GST-Frequently Asked Questions(FAQs) for Traders Q 1. How will GST benefit the Trading Community? Ans. Under GST, a trader would be entitled to avail input tax credit paid on …
GST FAQ on HSN Codes and Rates of various Goods and Services. CBEC has published a latest FAQ of 34 question/answers on HSN Code and related GST rates GST FAQ on HSN Codes and Rates of corrosponding Goods and Services
GST FAQ Food Processing under Sectoral Series issued by CBEC GST FAQ: Food Processing Question 1: If I have multiple manufacturing units in a State/UT, do I have to register all my companies separately or as a group? Answer: You shall be granted a single registration in the …
GST FAQ E-Commerce under Sectoral Series. CBEC has issued a FAQ containing 25 Question and Answers under GST Sectoral FAQ Series GST FAQ E-Commerce under Sectoral Series Question 1: What is Electronic Commerce? Answer: Electronic Commerce has been defined in Sec. 2(44) of the CGST Act, 2017 to …
GST FAQ-Handicrafts under Sectoral Series. CBEC has issued 18 Questions and Answers FAQ on GST provisions related to Handicrafts GST FAQ-Handicrafts under Sectoral Series Question 1: How will imports be taxed under GST? Answer: All imports will be deemed as inter-State supplies for the purposes of levy of …
GST FAQ-Mining under Sectoral Series. CBEC has issued a 50 Questions and Answers FAQ on mining related provisions under GST GST FAQ-Mining under Sectoral Series Question 1: Can small mining leaseholders with a turnover less than Rs.75 lacs operate under composition scheme? Answer: As per Sec. 10(1) of …
