Daily Archives: February 8, 2018

Section 131 of Punjab GST Act 2017 : Confiscation or penalty not to interfere with other punishments.

By | February 8, 2018

Section 131 of Punjab GST Act 2017 ( Section 131 of Punjab GST Act 2017 explains Confiscation or penalty not to interfere with other punishments and is covered in  CHAPTER XIX OFFENCES AND PENALTIES )   Confiscation or penalty not to interfere with other punishments. 131. Without prejudice to the provisions contained in the Code of Criminal Procedure, 1973 (2… Read More »

Concessional Rate of GST of 12% extended to construction of houses constructed/ acquired under the Credit Linked Subsidy Scheme for EWS, LIG, MIG sections

By | February 8, 2018

Ministry of Finance Recommendations made by the GST Council for the Housing Sector to promote Affordable Housing for the masses come into force; Concessional Rate of GST of 12% extended to construction of houses constructed/ acquired under the Credit Linked Subsidy Scheme for EWS, LIG, MIG sections Posted On: 07 FEB 2018 1:45PM by PIB… Read More »

GST on Services provided by the Resident Welfare Associations to members

By | February 8, 2018

Ministry of Finance GST Council recommends granting relief from GST on services provided by the Resident Welfare Associations (RWAs) to their Members Threshold Exemption Limit under GST for monthly contributions made by members for services provided by RWAs raised from Rs. 5,000 to Rs. 7,500 per month per person Posted On: 07 FEB 2018 1:47PM… Read More »

 GST rate on admission to amusement parks and ballet etc, reduced from 28% to 18%.

By | February 8, 2018

Ministry of Finance  GST rate on admission to amusement parks and ballet etc, reduced from 28% to 18%. Posted On: 07 FEB 2018 1:47PM by PIB Delhi  ​ In its  Meeting held on 18th January, 2018, the GST Council had recommended reduction of GST rate on services by way of admission to Amusement Parks including theme parks, water… Read More »