Rule 31A CGST Rules 2017 Summary of Rule 31A CGST Rules 2017 ( Rule 31A CGST Rules 2017 explains Value of supply in case of lottery, betting, gambling and horse racing. and is covered in Chapter IV – Determination of Value of Supply : Inserted by the Central Goods and Services Tax (Amendment) Rules, 2018, w.e.f. 23-1-2018. ) Rule 31A CGST Rules 2017… Read More »
Refund on Account of Supplies made to SEZ Unit/ SEZ Developer (With Payment of Tax) 1. What are the preconditions for filing a refund application on account of supplies made to SEZ unit / SEZ developer (with payment of tax)? The following conditions must be met for being eligible to file form RFD-01A to claim… Read More »
Rule 55A CGST Rules 2017 Summary of Rule 55A CGST Rules 2017 ( Rule 55A CGST Rules 2017 explains Tax Invoice or bill of supply to accompany transport of goods and is covered in Chapter VI Tax Invoice, Credit and Debit Notes : Inserted by the Central Goods and Services Tax (Amendment) Rules, 2018, w.e.f. 23-1-2018.) Rule 55A CGST Rules 2017 1 [Tax Invoice… Read More »
Refund on Account of Supplies made to SEZ Unit/ SEZ Developer (Without Payment of Tax) 1. What are the preconditions for filing a refund application on account of supplies made to SEZ unit / SEZ developer (without payment of tax)? The following conditions must be met for being eligible to file the form RFD-01A to… Read More »
E way Bill : Important Points One Consignment : One Document : One E-waybill Multiple documents can not be clubbed to generate one e-way bill One Invoice : Multiple Consignments with Multiple challans : Multiple E-way bills In case of SKD(semi Knocked Down) /CKD (Completely knocked down) /Ship consignments, one invoice will result in making … Read More »
The Income Tax Department has issued an advisory/warning for cash transactions in excess of prescribed limits. DO NOT ACCEPT cash of Rs. 2,00,000/- or more in aggregate from a single person in a day or for one or more transactions relating to one event or occasion. DO NOT RECEIVE OR REPAY Rs. 20,000/- or more in cash… Read More »
Ministry of Finance Accepting of Unique Identity Number (UIN) of Foreign Diplomatic Missions/UN Organizations while making supplies. Posted On: 22 JAN 2018 6:28PM by PIB Delhi Complaints have been received from the Foreign Diplomatic Missions / UN Organizations regarding unwillingness of vendors / suppliers / E-commerce websites to record the UIN (Unique Identify Number) while… Read More »
GST News 23.1.2018 by CA Satbir Singh