Archives for November 15, 2017
Raw cotton now taxable under reverse charge
Section 9(3) of CGST act provides that the specified goods and services shall be chargeable under reverse charge. Notification Central Tax (Rate) specifies the list of such goods. The Notification…
Amendments in exemptions as decided in GST council meeting
In the recent 23 GST council meeting, decisions were taken regarding substitution, insertion and omission of various exemptions. Notification in this regard has been issued by CBEC. Read the notification…
Amendments in GST rates made by GST council
In the recent 23 GST council meeting, changes were made in rates of various goods bringing down the burden on numberous goods from 28% to 18%. Notification in this regard…