GST on Transfer of Development Rights in property Notification will be issued for GST on following services w.e.f 25th January, 2018. To defer the liability to pay GST in case of TDR (Transfer of Development Rights) against consideration in the form of construction service and on construction service against consideration in the form of TDR to… Read More »
GST News 20.01.2018 !25th GST Council Meeting Decisions ! by CA Satbir Singh 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 GST Judgments GST… Read More »
GST Self Help Portal to report issues of GST System. A new Self Help Portal will launch on 22 January. Taxpayers can login to https://selfservice.gstsystem.in/ to report issues of GST System. Related Topic on GST Topic Click Link GST Acts Central GST Act and States GST Acts GST Rules GST Rules GST Forms GST Forms… Read More »
GST on theatrical performances like Music, Dance, Drama, Orchestra , Folk or Classical Arts Notification will be issued for GST on following services w.e.f 25th January, 2018. To increase threshold limit for exemption under entry No. 80 of Notification No. 12/2017-C.T. (Rate) for all the theatrical performances like Music, Dance, Drama, Orchestra, Folk or Classical Arts and all… Read More »
GST on Renting of immovable property by government or local authority Notification will be issued for GST on following services w.e.f 25th January, 2018. To tax renting of immovable property by government or local authority to a registered person under reverse Charge But renting of immovable property by government or local authority to un-registered person shall… Read More »
GST on Services by casinos and race-course GST Clarifications : Notification /Circulars will be issued w.e.f 25th January, 2018. To clarify that services by way of,- admission to entertainment events or access to amusement facilities including casinos, race-course ancillary services provided by casinos and race-course in relation to such admission. services given by race-course by way… Read More »
GST on doctors/consultants Services to Hospitals & Foods to in-patients Notification /Circulars will be issued w.e.f 25th January, 2018. To clarify that,- 1) Services provided by senior doctors/consultants/technicians hired by the hospitals, whether employees or not, are healthcare services which is exempt. 2) Hospitals also provide healthcare services. The entire amount charged by them from the… Read More »
leasing or rental service of Goods (with or without operator) Notification /Circulars will be issued w.e.f 25th January, 2018. To clarify that leasing or rental service, with or without operator, of goods, attracts same GST as supply of like goods involving transfer of title in the said goods. Therefore, the GST rate for the rental services of self-Propelled… Read More »
GST Rates on Elephant/ camel joy rides Notification /Circulars will be issued w.e.f 25th January, 2018. To clarify that elephant/ camel joy rides are not classified as transportation services and attract GST @ 18% with threshold exemption to small services providers. [25TH GST Council Meeting Decisions and GST Rate changes on services by 25th GST Council Meeting… Read More »
Exempt Supply for Input Tax Credit under GST Input Tax Credit Notification will be issued w.e.f 25th January, 2018. To provide in CGST rules that value of exempt supply under sub-section (2) of section 17, shall not include the value of deposits, loans or advances on which interest or discount is earned (This will not apply to… Read More »