Archives for 2018 - Page 7
GST on College Hostel Mess Fees
Many Educational institutions have mess facility for students within the premises which is either run by the institution/ students themselves or is outsourced to a third person. Any supply of…
No extension of last date for filing GSTR1
Rumours are being spread on social media regarding the extension of the last date for filing of Form GSTR-1. Also, the fake document numbered as Notification - Central Tax is…
Clarifications regarding levy of GST on services like accommodation, betting
Clarifications regarding levy of GST on accommodation services, betting and gambling in casinos, horse racing, admission to cinema, homestays, printing, legal services etc. Representations were received from trade and industry…
When will errors rectified in GSTR3B will be reconciled?
The government notified the FORM GSTR-3B in order to collect taxes in the absence of FORM GSTR3. It was communicated by the government that the summarized data of inward and…
Changes in tax rate for composition suppliers
Tax rate for composition suppliers have been changed vide Notification No. 1/2018- Central Tax as follows. Taxrate for manufacturer have been decreased from one percent to half percent. For suppliers of…