AUTHORITY FOR ADVANCE RULINGS, UTTARAKHAND Kanj Products (P.) Ltd., In re VIPIN CHANDRA AND AMIT GUPTA, MEMBER ADVANCE RULING NO. 03/2017-18 MARCH 19, 2018 C.M. Dang for the Applicant. RULING 1. This is an application under Sub-Section (1) of Section 97 of the CGST/SGST Act, 2017 and the rules made thereunder filed by M/s Kanj Products Private Limited, Plot No.… Read More »
AUTHORITY FOR ADVANCE RULINGS, TELANGANA Nagarjuna Agro Chemicals (P.) Ltd., In re J. LAKSHMINARAYANA, ADDL. COMMISSIONER (STATE TAX) AND V. SRINIVAS, JOINT COMMISSIONER (CENTRAL TAX) ADVANCE RULING NO. TSAAR ORDER NO. 3/2018 AND A.R. COM /7/2018 MAY 30, 2018 RULING 1. M/s. Nagarjuna Agro Chemicals Private Limited, Hyderabad, (GSTIN No. 36AABCN5531F1ZP) has filed an application in Form… Read More »
AUTHORITY FOR ADVANCE RULINGS, TELANGANA Sammarth Overseas & Credits (P.) Ltd. In re J. LAKSHMINARAYANA, ADDL. COMMISSIONER (STATE TAX) AND V. SRINIVASA, JOINT COMMISSIONER (CENTRAL TAX) TSAAR ORDER NO. 1/2018 FEBRUARY 5, 2018 TSAAR ORDER NO. 1/2018 1. Under Section 100(1) of the CGST/TGST Act, 2017, any person aggrieved by this order can prefer an appeal before the… Read More »
Applicant himself admitted that they have preferred writ petition No.7734/2018, dt 07.03.2018 before the Hon’ble High Court of Judicature at Hyderabad on the same issue which is pending for disposal. AUTHORITY FOR ADVANCE RULINGS, ANDHRA PRADESH Crux Bio Tech India (P.) Ltd., In re. J.V.M. SARMA AND AMARESH KUMAR, MEMBER ORDER/AAR/AP/02/GST/2018 APRIL 20, 2018 D. Prem Kumar for the… Read More »
New Functions on GST Portal Part 3 : Explained by GSTN
Accordingly, Section 97(2) (d) shall refer to admissibility of input tax credit under GST Acts. However, we find that the input Tax credit referred by the applicant relates to the transitional relief, which is paid under the Act other than the Acts referred in the definition of input tax under CGST. Hence, the question sought… Read More »
Ministry of Finance Task Force on Shell Companies takes pro-active and coordinated steps to check the menace of shell companies • Compilation of a database of shell companies by SFIO • During Financial Year 2017-18 ROCs identified and removed from the register of companies the names of 2,26,166 companies; 3,09,619 directors disqualified • A total… Read More »
GST Council may reduce GST Rates : MOS Finance The GST Council is working towards rationalising Goods and Service Tax (GST) rates, Minister of State for Finance Shiv Pratap Shukla said on Thursday. A big announcement from the government regarding GST is imminent, he said at an event. Currently, the GST has four rates of 5… Read More »
New Delhi, Jun 8 The GST Council could consider bringing natural gas within the purview of Goods and Services Tax in its next meeting, an official said today. GST Council Joint Secretary Dheeraj Rastogi said aviation turbine fuel (ATF) would be another petroleum product that could also be brought within the GST ambit among five… Read More »
NOTIFICATION No 50/2018 Customs (N.T.) Summary of NOTIFICATION No 50/2018 Customs (N.T.) Monetary limits for adjudging confiscation or penalty by Customs Officers u/s 162 of Custom Act 1962 for goods liable to confiscation under Chapter XIV NOTIFICATION No 50/2018 Customs (N.T.) MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION No.… Read More »