Question: “Whether transportation charges received by the applicant are liable to GST, especially when the applicant is not a goods transport agency (GTA)”? Answer: Answered in the affirmative and same is liable to tax as a works contract as per provisions of section 2(119) of the GST Act, AUTHORITY FOR ADVANCE RULINGS, MAHARASHTRA Dinesh Kumar Agrawal, In re… Read More »
GST on Discounts given after supply The applicant pays GST on the full value of invoice raised by them on the authorised dealers/stockists at the time of original supply of goods to the said authorised dealers/stockists. However, by issuance of credit note for rate difference, the sale price of goods sold by the applicant to the authorised… Read More »
New GST News 27.07.18 [ Join online GST Course by CA Satbir Singh ] New GST News All New GST Notifications issued on 26.07.2018 by CBIC Amendments proposed in GST Acts: ICAI submits suggestions 18.07.2018 No excuse that part B of Eway bill not updated due to technical error on Portal : Madhya Pradesh HC… Read More »
Notification No 22/2018 Integrated Tax (Rate) Seeks to prescribe concessional IGST rate on specified handicraft items, to give effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department… Read More »
Notification No 21/2018 Integrated Tax (Rate) Seeks to amend Notification 05/2017-Integrated Tax (Rate),dt. 28-06-2017 to give effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018 Read Notification No 21/2018 Integrated Tax (Rate) [TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY] GOVERNMENT OF… Read More »
Notification No 20/2018 Integrated Tax (Rate) Seeks to amend Notification 02/2017-Integrated Tax (Rate),dt. 28-06-2017 to give effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018 [TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of… Read More »
Notification No 19/2018 Integrated Tax (Rate) Seeks to amend Notification 01/2017-Integrated Tax (Rate),dt. 28-06-2017 to give effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018 [TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of… Read More »
Notification No 18/2018 Integrated Tax (Rate) Summary of Notification No 18/2018 Integrated Tax (Rate) Notification No 18/2018 Integrated Tax (Rate) Dated 26 th July, 2018 Seeks to insert explanation in an item in notification No. 8/2017 – Integrated Tax (Rate) by exercising powers conferred under section 6(3) of IGST Act, 2017. Read Notification No 18/2018 Integrated Tax… Read More »
Notification No 17/2018 Integrated Tax (Rate) Summary of Notification No 17/2018 Integrated Tax (Rate) Notification No 17/2018 Integrated Tax (Rate) 26th July, 2018 Dated Seeks to amend notification No. 11/2017- Integrated Tax (Rate) to notify that services by way of any activity in relation to a function entrusted to a municipality under Article 243W shall be treated… Read More »
Notification No 16/2018 Integrated Tax (Rate) Summary of Notification No 16/2018 Integrated Tax (Rate) Notification No 16/2018 Integrated Tax (Rate) Dated 26 th July, 2018 Seeks to amend notification No. 10/2017- Integrated Tax (Rate) so as to specify services supplied by individual Direct Selling Agents (DSAs) to banks/ non-banking financial company (NBFCs) to be taxed under… Read More »