GST exemptions (part-3)
GST exemptions (part-3) Refer Free GST Online Videos [ Videos ] by CA Satbir Singh
Monthly Archives: January 2019
Bail under GST
Bail under GST If the Commissioner has reason to believe that any person has committed an offence specified under section 132(1) clauses (a) to (d) which is punishable under section 132(1) or 132(2) clause (i) or (ii), he may, by order, authorise any officer of central tax to arrest such person -section 69(1) of CGST… Read More »
GST Meaning of Government, Local Authority ,Governmental Authority and Governmental Entity:
Meaning of Government, Local Authority ,Governmental Authority and Governmental Entity: Government: Government as defined in CGST Act and respective SGST Acts means Central Government and respective State governments. As per article 53 of the Constitution the executive power of the Union shall be vested in the President and shall be exercised by him either directly or… Read More »
Date of Withdrawal of composition scheme
Date of Withdrawal of composition scheme कम्पोजीशन स्कीम से निकलने की तारीख Effective Date of denial of composition option of GST by tax authorities Refe Refer Circular No 77/50/2018 GST Dated 31st December 2018 Dated 31.12.2018 Sub-rule (2) of rule 6 of the CGST Rules provides that the composition taxpayer shall pay tax under sub-section (1)… Read More »
Bihar Intra State Eway Bill Limit Changed w.e.f 21.01.2019 : Notification
Bihar Govt. has reduced the threshold limit for generation of e-way bill on intra-state movement of goods. Now, e-way bill is required to be generated if value of consignment exceeds Rs.1,00,000/- . Earlier e-way bill was required to be generated only if value of consignment exceeded Rs.200,000/-. Notification No. S.O. 14 Dated 14th January 2019… Read More »
GST Council may allow RFID Tags for Eway Bill
Govt May use RFID tages for Eway bill As per the sources the GST Council on its 32nd GST Council meeting on 10th January 2019 will discuss the use of Vehilce Radio Frequency Identification (RFID) toll data to curb GST evasion. A task force was constituted under the council to oversee the matter. This committee… Read More »
GST on Sale of old / used goods by Govt
Whether the supply of used vehicles, seized and confiscated goods, old and used goods, waste and scrap by Government departments are taxable under GST? As per Circular No 76/50/2018 GST Dated 31st December 2018 : 1. It may be noted that intra-State and interState supply of used vehicles, seized and confiscated goods, old and used… Read More »
GST on Security Services : FAQs
As per NN-29/2018-CT(R ) Dated 31.12.2018, RCM appliacble on Security Service provided by person other than body corporate to any registered person located in taxable territory Q: Security Services have been brought under RCM u/s 9(3). Is it mandatory RCM (i.e. security agencies cannot opt for Forward charge even if they are registered)? Answer :… Read More »
Can Tobacco Trader opt for GST Composition Scheme
Tobacco trader Can opt for GST Composition Scheme Question : I am trader of Tobacco . Can I opt for GST Composition Scheme ? Yes , As Notification No 8/2017-Central Tax dated 27-6-2017 Applies to MANUFACTURER OF TOBACCO and not traders of Tabcco. Related Post Circular No 77/51/2018 GST Dated 31st December 2018 Denial of… Read More »
How to Apply for TDS Refund by Deductor
Request for TDS Refund under Income Tax Important Information to Request for Refund •Deductor can apply for TDS refund from FY 2007-08 onwards for Form type 24Q, 26Q, 27EQ, 27Q •It is mandatory to register digital signature on TRACES to submit the Refund Request • PAN of Deductor should be same as per TAN Master… Read More »