GST FAQ Drugs and Pharmaceuticals Related Topic on GST Topic Click Link GST Acts Central GST Act and States GST Acts GST Rules GST Rules GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars GST Judgments GST Judgments GST Press Release GST Press Release GST Books Best… Read More »
GST FAQ Food Processing Industry Question 1: If I have multiple manufacturing units in a State/UT, do I have to register all my companies separately or as a group? Answer: You shall be granted a single registration in the State/UT. However, you have the option to take separate registration for each of your business verticals… Read More »
Notification No G O (P) No 93/2017/TAXES Kerala Govt has issued Notification No G O (P) No 93/2017/TAXES Dated 27th july 2017 to Inster Rule 56(20A) in Kerela Goods and Service Tax Rules 2017 prescribing procedure for Lottery Agents to furnish Information Return Related Topic on GST Topic Click Link GST Acts Central GST Act… Read More »
GST ITC ( Input Tax Credit ) Free E Book Download Free E Book on GST ITC : Input Tax Credit Related Topic on GST Topic Click Link GST Acts Central GST Act and States GST Acts GST Rules GST Rules GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST… Read More »
Printing of Post-GST Rates on Old Stock On account of implementation of GST there may be instances where the retail sale price printed on a pre-packaged commodity is required to be changed. The Department has issued an order according to which, manufacturers/ packers/ importers of pre-packaged commodities are allowed to declare the revised retail sale… Read More »
Sale of bottled water on same rate Post GST On account of implementation of GST there may be instances where the retail sale price of a pre-packaged commodity is required to be changed. Department of Consumer Affairs has therefore issued an advisory on the matter. Further, vide this advisory it has been informed inter alia,… Read More »
Benefits of the reduced rates/tax rebate to the consumers post GST The GST Council comprising the representatives of Central and State Government recommended the GST rates for goods and services, interalia taking into account the pre-GST indirect taxes incidence on goods and service. The GST rates on goods have since been notified. With the GST… Read More »
Features of GST Goods and Services Tax (GST) is intended to bring transparency and accountability in business transactions along with the ease of doing business and rationalization in tax rates and will not pave the way for financialization of the country. The foremost benefit of GST is to remove hurdles in inter-State transactions resulting in… Read More »
GST Settlement of funds Rules 2017 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 27th July, 2017 G.S.R. 964(E).—In exercise of the powers conferred by section 53 read with section 17 of the Central Goods and Services Tax Act, 2017 (12 of 2017), section 17 and 18 of the Integrated Goods and Services… Read More »
Circular No 1 /1/2017 Compensation Cess F.No.354/136/2017-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) New Delhi, Dated 26th July, 2017 To Principal Chief Commissioners/Principal Directors General, Chief Commissioners/Directors General, Principal Commissioners/Commissioners, All under CBEC. Madam/Sir, Subject: Clarification regarding applicability of section 16 of the IGST Act, 2017, relating to zero… Read More »