Section 58 of Sikkim GST Act 2017 [ Section 58 of Sikkim GST Act 2017 explains Utilisation of Fund and is covered in CHAPTER XI REFUNDS ] [ Enforced with effect from 1-7-2017. ] Utilisation of Fund 58. (1) All sums credited to the Fund shall be utilised by the Government for the welfare of the consumers in such manner as may… Read More »
Section 57 of Sikkim GST Act 2017 [ Section 57 of Sikkim GST Act 2017 explains Consumer Welfare Fund and is covered in CHAPTER XI REFUNDS ] [ Enforced with effect from 1-7-2017. ] Consumer Welfare Fund 57. The Government shall constitute a Fund, to be called the Consumer Welfare Fund and there shall be credited to the Fund,–– (a) the amount… Read More »
Section 56 of Sikkim GST Act 2017 [ Section 56 of Sikkim GST Act 2017 explains Interest on delayed refunds and is covered in CHAPTER XI REFUNDS ] [ Enforced with effect from 1-7-2017. ] Interest on delayed refunds 56. If any tax ordered to be refunded under sub-section (5) of section 54 to any applicant is not refunded within sixty days… Read More »
Section 55 of Sikkim GST Act 2017 [ Section 55 of Sikkim GST Act 2017 explains Refund in certain cases and is covered in CHAPTER XI REFUNDS ] [ Enforced with effect from 1-7-2017. ] Refund in certain cases 55. The Government may, on the recommendations of the Council, by notification, specify any specialized agency of the United Nations Organization or any… Read More »
GST Revenue Collection : Compilation Here is the GST Revenue Collection Compilation GST Revene Collection Feb 2023 Rs 149577 Crore GST Revenue collection for August 2021 Rs 1,12,020 crore GST Revenue collection for August, 2019 Rs 98202 Crore GST Revenue collection for July 2019 Rs 102083 Crore GST Revenue collection for June 2019 stands at Rs.99,939 crore… Read More »
Ministry of Finance GST revenue collection for May 2018 Rs 94,016 Crore of total gross GST revenue collected in May2018 Gross revenue collection in may is much higher than the monthly average of GST collection in the last financial year Posted On: 01 JUN 2018 12:31PM by PIB Delhi The total gross GST revenue collected… Read More »
Applicant Engaged in diagnosis, pre and post counselling, therapy and prevention of diseases by providing tests Questions “Health care services provided by clinical establishments, an authorised medical practitioner or para-medics are exempted vide SL.No.74 of the Notification No. 12/2017- Central Tax (Rate) dated 28th June, 2017. Therefore the issue/s before us to decide are a.… Read More »
a) Whether supply of turnkey Engineering, Procurement & Construction (‘EPC’) Contract for construction of solar power plant wherein both goods and services are supplied can be construed to be a Composite Supply in terms of Section 2(30) of CGST Act, 2017 b) If Yes, Whether the Principal Supply in such case can be said to be… Read More »
1. “Whether the contract, executed by them for KPTCL, is a divisible contract [Supply of goods & Supply of Services] or an indivisible contract [ works contract]?” 2. “Whether the tax rate of 12% [CGST-6% + SGST-6%] is applicable to the above contract, in pursuance of Notification No.24/2017-Central Tax (Rate) dated 21.09.2017?” RULING 1. The… Read More »
Section 78 of Sikkim GST Act 2017 [ Section 78 of Sikkim GST Act 2017 explains Initiation of recovery proceedings and is covered in CHAPTER XV DEMANDS AND RECOVERY] [ Enforced with effect from 1-7-2017. ] Initiation of recovery proceedings 78. Any amount payable by a taxable person in pursuance of an order passed under this Act shall be paid by… Read More »