4 New GST Circulars issued on 31.12.2018

By | January 1, 2019
(Last Updated On: January 1, 2019)

4 New GST Circulars issued on 31.12.2018

Circular No 76/50/2018 GST Dated 31st December 2018 :

Clarification on certain issues

  • sale by government departments to unregistered person;
  • leviability of penalty under section 73(11) of the CGST Act;
  • rate of tax in case of debit notes / credit notes issued under section 142(2) of the CGST Act;
  • applicability of notification No. 50/2018-Central Tax;
  • valuation methodology in case of TCS under Income Tax Act and
  • definition of owner of goods related to GST

Circular No 77/50/2018 GST Dated 31st December 2018 :

Denial of composition option by tax authorities and effective date thereof

Circular No 78/50/2018 GST Dated 31st December 2018 :

Clarification on export of services under GST

Circular No 79/50/2018 GST Dated 31st December 2018 :

Clarification on refund related issues

Also refer New GST Notifications issued on 31.12.2018

 

 

 

Category: GST

About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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