Archives for official clarifications - Page 4
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…
Recommendations made by the GST Council in the 23rd meeting at Guwahati on 10th November, 2017
Press release has been made regarding the recommendations made by the GST Council in the 23rd meeting at Guwahati on 10th November, 2017. Read the press release below. TaxGrid…
Procedure regarding procurement of supplies of goods from DTA under deemed export benefits
In accordance with the decisions taken by the GST Council in its 22nd meeting held on at New Delhi to resolve certain difficulties being faced by exporters post GST, it…
Clarification regarding applicability of GST on the superior kerosene oil [SKO] retained for the manufacture of Linear Alkyl Benzene
Clarification regarding applicability of GST on the superior kerosene oil retained for the manufacture of Linear Alkyl Benzene Circular reads as: Briefly stated, references have been received related to applicability…
Notification released waiving the late fees for the month of September and august
CBEC issues Notification No. 50/2017 – Central Tax– wherein late fee payable under section 47 of Central Goods and Services Tax Act in case of late filing of return after…
Press Release: GST Revenue collection Figure and Waiver of Late fee
Press Release regarding Waiving of late fee on filing of GSTR3B for August and September and GST revenue collection Figure. GST Revenue Figures – As on 23rd October, 2017 The…
CBEC issues Central Goods and Services Tax (Tenth Amendment) Rules, 2017
CBEC issues Notification No. 47/2017 – Central Tax– notifying the Central Goods and Services Tax (Tenth Amendment) Rules, 2017. Rules notifies amendment in provision relating to deemed exports and amendments…
Four supplies notified as Deemed Exports by government
CBEC issues Notification No. 48/2017-Central Tax– notifying four supplies as deemed exports. Four supplies which have been notified as deemed exports are: 1. Supply of goods by a registered person…
Central Goods and Services Tax (Ninth Amendment) Rules, 2017
CBEC issues Notification No. 45/2017 – Central Tax– notifying the Central Goods and Services Tax (Ninth Amendment) Rules, 2017. Some interesting amendments have been made in the new set of…