Monthly Archives: July 2017

What is the GST rate on sugarcane procured by sugar mills which is generally fresh and procured directly from the farm?

By | July 26, 2017

What is the GST rate on sugarcane procured by the sugar mills which is generally fresh and procured directly from the farm? Fresh or chilled sugarcane, falling under heading 1212, attracts Nil GST. GST Rates FAQs on queries of Various Sectors Clarified by Govt Related Topic on GST Topic Click Link GST Acts  Central GST… Read More »

Category: GST

What is GST rate on Hand Made Branded Biri?

By | July 26, 2017

What is the GST rate on Hand Made Branded Biri? ♦ All biris attract 28% GST. ♦ In addition, handmade biris attract NCCD of Rs.1 per thousand. Machine made biris attract NCCD of Rs.2 per thousand. GST Rates FAQs on queries of Various Sectors Clarified by Govt Related Topic on GST Topic Click Link GST… Read More »

Category: GST

Unclaimed Amounts of Policyholders : IRDAI Master Circular

By | July 26, 2017

Unclaimed Amounts of Policyholders Ref: IRDA/F&A/CIR/Misc/173/07/2017 Date: 25-07-2017 Master Circular: Unclaimed Amounts of Policyholders The Authority has issued various directions regarding the Unclaimed Amounts of Policyholders from time to time. All the earlier directions are now being consolidated and issued in the form of a Master Circular which is attached herewith. The Government of India has brought… Read More »

Labour Code on Social Security 2017

By | July 26, 2017

The Second National Commission on Labour has recommended that the existing Labour Laws should be broadly grouped into four or five Labour Codes on functional basis. Accordingly, the Ministry has taken steps for drafting four Labour Codes on Wages; Industrial Relations; Social Security & Welfare; and Safety and Working Conditions respectively, by simplifying, amalgamating and… Read More »

Section 125 Madhya Pradesh GST Act 2017 : General penalty.

By | July 26, 2017

Section 125 Madhya Pradesh GST Act 2017 ( Section 125 Madhya Pradesh GST Act 2017 explains General penalty  and is covered in CHAPTER XIX : OFFENCES AND PENALTIES  ) General penalty. 125 . Any person, who contravenes any of the provisions of this Act or any rules made thereunder for which no penalty is separately provided for in this Act,… Read More »

Section 124 Madhya Pradesh GST Act 2017 : Fine for failure to furnish statistics.

By | July 26, 2017

Section 124 Madhya Pradesh GST Act 2017 ( Section 124 Madhya Pradesh GST Act 2017 explains Fine for failure to furnish statistics  and is covered in CHAPTER XIX : OFFENCES AND PENALTIES  ) Fine for failure to furnish statistics. 124 . If any person required to furnish any information or return under section 151,— (a) without reasonable cause fails to… Read More »