GST Margin Scheme Normally GST is charged on the transaction value of the goods. However, in respect of second hand goods, a person dealing is such goods may be allowed to pay tax on the margin i.e. the difference between the value at which the goods are supplied and the price at which the goods… Read More »
GST registration for Casual Taxpayer started As per the Tweet from GSTIN on 03.08.2017 , Taxpayer can now log onto the GST portal www.gst.gov.in to register as a Casual Taxpayer. Related Topic on GST Topic Click Link GST Acts Central GST Act and States GST Acts GST Rules GST Rules GST Forms GST Forms GST… Read More »
Please tell how the bitcoins will be taxable in GST ? Whether bitcoins be termed as goods or services under GST? goods Related Topic on GST Topic Click Link GST Acts Central GST Act and States GST Acts GST Rules GST Rules GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act… Read More »
Process to File GSTR 3B GST Return for July & August, 2017 by CA Bimal Jain Related Topic on GST Topic Click Link GST Acts Central GST Act and States GST Acts GST Rules GST Rules GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars GST Judgments… Read More »
E-Newsletter on GST- July 2017 edition Download E-Newsletter on GST-July 2017 edition Click here Related Post ICAI GST E-Newsletter –March 2018 ICAI GST E-Newsletter – Febraury 2018 ICAI GST E-Newsletter-January 2018 ICAI GST E-newsletter – December 2017 ICAI GST E newsletter -November 2017 ICAI GST E-Newsletter – October 2017 ICAI GST E-Newsletter – September 2017 ICAI GST… Read More »
The first tax returns under the new Goods and Services Tax (GST) regime can be filed from Saturday and the facility will remain open till 20 August, GST Network Chairman Navin Kumar said on Thursday. Businesses can start filing their first GST returns and pay taxes for July on the portal of GST Network —… Read More »
Sandesh, with or without chocolate, will be taxed at 5 per cent, the government clarified on Thursday along with the goods and services tax (GST) rates for other items, including rakhis, idli-dosa batter and kulfi. However, ambiguity persisted over whether the tax rate for plastic furniture would be 28 per cent as furniture or 18 per cent… Read More »
[ Notification No 78/2017 /F. No. 142/15/2015-TPL MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 3rd August, 2017 (INCOME-TAX) S.O. 2456(E).—In exercise of the powers conferred by clause (b) of sub-section (3) of section 9A of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies… Read More »
Income Tax Offices to remain open on Saturday,5th August, 2017 for filing of income tax returns In view of the difficulties faced by taxpayers, the due date for filing of Income Tax Returns for F.Y. 2016-2017 i.e. Assessment Year A.Y. 2017-2018 was extended to 5th August, 2017(for certain categories of taxpayers). In order to facilitate… Read More »
Constitution of Sectoral Groups on GST The Goods and Services Tax (GST) Council in its 14th meeting held on 18-19 May, 2017 approved the constitution of eighteen sectoral groups to ensure smooth roll-out of GST. The Council has received reports from sixteen out of the eighteen sectoral groups. The GST Law Committee comprising of officers… Read More »