Daily Archives: February 18, 2019

Circular No 91/10/2019 GST : CBIC Clarified Tax payment made for supply of warehoused goods for the period July 2017 to March 2018.

By | February 18, 2019

Seeks to give clarification regarding tax payment made for supply of warehoused goods while being deposited in a customs bonded warehouse for the period July, 2017 to March, 2018. Circular No. 91/10/2019-GSTF. No. CBEC-20/16/04/2018 – GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing***New Delhi, Dated the 18th February,… Read More »

Circular No 90/09/2019 GST : Penalty for wrong issuing of Tax Invoice

By | February 18, 2019

Seeks to clarify situations of compliance of rule 46(n) of the CGST Rules, 2017 while issuing invoices in case of inter- State supply. Circular No. 90/09/2019-GSTF. No. CBEC-20/16/04/2018 – GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing New Delhi, Dated the 18th February, 2019 To,The Principal Chief Commissioners… Read More »

Merger of Proprietorship firm with Private Limited Company as a going concern is not a supply under GST : AAR

By | February 18, 2019

Whether, consequent upon merger of propritor concern as a going concern with a private limited company, the ITC available in the credit ledger or cash ledger of the propirtorship firm is eligible to be transferred to the respective ledger account of the private limited company. ? Input Tax Credit available in credit ledger account of… Read More »

Waste to energy plant boiler’s flue gas cleaning system calssified as Pollution control device : AAR

By | February 18, 2019

Pollution control device being supplied by the applicant for use in ‘waste to energy plants/devices’ are classifiable under chapter heading 8421 of the first schedule to the Customs Tariff Act, 1975 and are covered by Sr. No. 234 of schedule I of Notification No.01/2017-Central Tax (Rate) dt.28.06.2017 & Notification No.35/ST-2 dt.30.06.2017, chargeable to CGST @2.5%… Read More »

Stamp Duty of India :Free Study Material

By | February 18, 2019

Stamp Duty of India :Free Study FAQs on Stamp Duty (India) FAQs on e-Stamping in India Stamp Papers do not have expiry date : Supreme Court Judgment Maharashtra Stamp Act (2017 edition) Book Stamp Duties by whom payable ? Punjab Stamp duty reduced from 4% to 1% for registered mortgage by the industrial units :… Read More »

FAQs on e-Stamping in India

By | February 18, 2019

e-Stamping in India Q.  What is e-Stamping?  A.  e-Stamping is a computer based application and a secured way of paying Non-Judicial stamp duty to the Government. Q.  What are the benefits to the client/customer by e-Stamping: A. 1 e-Stamp Certificate can be generated within minutes 2 e-Stamp Certificate generated is tamper proof3 Authenticity of the e-Stamp… Read More »