Archives for official clarifications - Page 3
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…
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…
Last date to file Form GSTR-5A in respect of OIDAR extended
Last date to file FORM GSTR-5A for the months of July, 2017, August, 2017, September, 2017, October, 2017, November, 2017 and December, 2017 has been extended till 31st January, 2018.…
Last date to file Form GSTR-5 by non-resident taxable person extended
Last date to file Form GSTR-5 by non resident taxable person has been extended till 31st January, 2018. This extension has been done in the respect of the return for…
Last date to file form GST ITC-01 extended till 31st January, 2018
Last date for filing of Form GST ITC-01 has been extended till 31st January, 2018 vide Notification No. 67/2017 – Central Tax. Read the notification below:
E-way bill to be implemented across India by
PIB (Release ID :174401): The 24th Meeting of the GST Council held today through video conference under the Chairmanship of the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley. It…
Government says mistakes by exporters is the reason for delay in refund
In the press release made by Ministry of Finance, it has been expressed by the government that errors being made by exporters in filing their returns is the sole reason…
Applicability of IGST / GST on goods transferred / sold while being deposited in a warehouse
Circular has been issued by CBEC regarding Applicability of IGST / GST on goods transferred / sold while being deposited in awarehouse. Read the circular below:
Establishment of National Anti-profiteering Authority under GST
Cabinet approves the establishment of the National Anti-profiteering Authority under GST PIB- (Release ID :173564) : The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for…
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…