GST on Government Services Question 1: Are all services provided by the Government or local authority exempted from payment of tax under GST ? Answer: No, all services provided by the Government or a local authority are not exempt from tax. As for instance, services, namely, (i) services by the Department of Posts by way… Read More »
GST on Government Services Question 1: Are all services provided by the Government or local authority exempted from payment of tax ? Answer: No, all services provided by the Government or a local authority are not exempt from tax. As for instance, services, namely, (i) services by the Department of Posts by way of speed… Read More »
MINISTRY OF FINANCE (Department of Revenue) [CENTRAL BOARD OF DIRECT TAXES] NOTIFICATION New Delhi, the 18th August, 2017 INCOME-TAX G.S.R. 1028(E).—In exercise of the powers conferred by sub-section (4) of section 115JB read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules… Read More »
SECTION 39 OF THE ASSAM GOODS AND SERVICES TAX ACT, 2017, READ WITH RULE 61 OF THE ASSAM GOODS AND SERVICES TAX RULES, 2017 [RETURNS ] EXTENSION OF TIME LIMIT FOR FILING FORM GSTR-3B FOR MONTH AUGUST, 2017 – AMENDMENT IN NOTIFICATION NO.5/2017-GST [NO.CT/GST-10/2017/192], DATED 17-8-2017 NOTIFICATION NO.6/2017-GST [NO.CT/GST-10/2017/193], DATED 21-8-2017 In exercise of the powers… Read More »
Suggestions on GST Acts (July 2017) by Institute of Chartered Accountants of India 2. Business Vertical definition w.r.t to Ind AS Section 2(18) of the CGST Act provides that “business vertical” means a distinguishable component of an enterprise that is engaged in supplying an individual product or service or a group of related products or… Read More »
Suggestions on GST Acts (July 2017) by Institute of Chartered Accountants of India 8. Re-development of Existing Land Structure Sr. No. 3(i) of Notification No. 11/2017-Central Tax (Rate) dated the 28th June 2017 provides that: (i) Construction of a complex, building, civil structure or a part thereof, including a complex or building intended for sale… Read More »
Suggestions on GST Acts (July 2017) by Institute of Chartered Accountants of India 6. Place of Supply for Works Contract Services Section 12(3) of the IGST Act, 2017 provides that place of supply of services, –– (a) directly in relation to an immovable property, including services provided by architects, interior decorators, surveyors, engineers and other… Read More »
Suggestions on GST Acts (July 2017) by Institute of Chartered Accountants of India 5. Credit of eligible duties in respect of inputs held in stock allowed for persons providing works contract services AND availing benefit under Notification No. 26/2012- Service Tax Section 140(3) of the CGST Act, 2017 provides that a registered person, who was… Read More »
Section 100 Himachal Pradesh GST Act 2017 ( Section 100 Himachal Pradesh GST Act 2017 explains Appeal to the Appellate Authority and is covered in CHAPTER-XVII ADVANCE RULING ) Appeal to the Appellate Authority 100. (1) The concerned officer, the jurisdictional officer or an applicant aggrieved by any advance ruling pronounced under sub-section (4) of section 98, may appeal… Read More »
Section 99 Himachal Pradesh GST Act 2017 ( Section 99 Himachal Pradesh GST Act 2017 explains Constitution of Appellate Authority for Advance Ruling and is covered in CHAPTER-XVII ADVANCE RULING ) Constitution of Appellate Authority for Advance Ruling 99. The Government shall, by notification, constitute an Appellete Authority to be known as “Himachal Pradesh Appellate Authority for Advance Ruling… Read More »