Daily Archives: March 30, 2019

Notification No 9/2019 Central Tax (Rate) : Reversal of ITC on Opting to pay New 6% GST Scheme

By | March 30, 2019

Notification No 9/2019 Central Tax (Rate) Dated 29 th March, 2019 Seeks to amend notification No. 02/2019- Central Tax (Rate) so as to provide for Reversal of ITC on Stock and application of Composition rules to persons opting to pay tax under notification no. 2/2019- Central Tax (Rate). Notification No. 9/2019-Central Tax (Rate) New Delhi,… Read More »

Notification No 08/2019 Central Tax (Rate) : Rates on Certain Goods for Real Estate Sector

By | March 30, 2019

Seeks to amend notification No. 1/2017- Central Tax (Rate) so as to notify CGST rate of certain goods as recommended by Goods and Services Tax Council for real estate sector. [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,SECTION 3, SUB-SECTION (i)]Government of IndiaMinistry of Finance(Department of Revenue)Notification No. 08/2019- Central Tax (Rate)New… Read More »

Notification No 07/2019 Central Tax (Rate) : RCM on purchases from unregistered person for Real Estate Sector

By | March 30, 2019

Notification No. 07/2019- Central Tax (Rate) Dated 29th March, 2019 Seeks to notify certain services to be taxed under RCM under section 9(4) of CGST Act as recommended by Goods and Services Tax Council for real estate sector. Notification No. 07/2019- Central Tax (Rate)  TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,SECTION… Read More »

Notification No 06/2019 Central Tax (Rate) : GST Liability if Promoter receive Development rights

By | March 30, 2019

Notification No. 06/2019-Central Tax (Rate) Dated 29th March, 2019 Seeks to notify certain class of persons by exercising powers conferred under section 148 of CGST Act, 2017. [TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II,SECTION 3, SUB-SECTION (i)]Government of IndiaMinistry of Finance(Department of Revenue)Notification No. 06/2019-Central Tax (Rate)New Delhi, the 29th March,… Read More »

Notification No 05/2019 Central Tax (Rate) : Services under RCM for Real Estate Sector

By | March 30, 2019

Notification No 05/2019 Central Tax (Rate) Notification No 05/2019 Central Tax (Rate) Dated 29th March 2019 : Seeks to amend notification No. 13/2017- Central Tax (Rate) so as to specify services to be taxed under Reverse Charge Mechanism (RCM) as recommended by Goods and Services Tax Council for real estate sector. [TO BE PUBLISHED IN… Read More »

Notification No 04/2019 Central Tax (Rate) : Exempt Certain services for Real Estate Sector

By | March 30, 2019

Notification No 04/2019 Central Tax (Rate) Notification No. 04/2019- Central Tax (Rate) Dated 29th March, 2019 Seeks to amend notification No. 12/2017- Central Tax (Rate) so as to exempt certain services as recommended by Goods and Services Tax Council for real estate sector. [TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION3,… Read More »

Notification No. 03/2019-Central Tax (Rate) : Rates for Services of Real Estate Sector

By | March 30, 2019

Seeks to amend notification No. 11/2017- Central Tax (Rate) so as to notify CGST rates of various services as recommended by Goods and Services Tax Council for real estate sector. Government of IndiaMinistry of Finance(Department of Revenue)Notification No. 03/2019-Central Tax (Rate)New Delhi, the 29th March, 2019 Download Notification

Rule 88A CGST Rules 2017

By | March 30, 2019

Inserted by CGST Second Amendment Rules 2019 w.e.f 29.03.2019 “Rule 88A. Order of utilization of input tax credit.- Input tax credit on account of integrated tax shall first be utilised towards payment of integrated tax, and the amount remaining, if any, may be utilised towards the payment of central tax and State tax or Union… Read More »