GST Council may set up national bench of appellate authority in June 2019 The GST Council is likely to consider setting up a national bench of the Appellate Authority for Advance Ruling (AAAR) to reconcile the contradictory orders on similar issues passed by AARs in different states in June 2019, a move aimed at providing… Read More »
GST AAR Tamilnadu In re Mrs. Senthilkumar Thilagavathy (M/s. JVS Tex) Order No. AAAR/02/2019 (AR) Date of Judgement/Order : 18/03/2019 At the outset, we would like to make it clear that the provisions of both the Central Goods and Service Tax Act and the Tamil Nadu Goods and Service Tax Act are the same except for… Read More »
Govt amends GST Authority for Advance Ruling in Union territories of Andaman and Nicobar Islands and Dadra and Nagar Haveli vide Notification No. 03/2019-Union Territory Tax. MINISTRY OF FINANCE(Department of Revenue) Notification No. 03/2019-Union Territory Tax New Delhi, the 16th May, 2019 G.S.R. 366(E).—Inexercise of the powers conferred by section 15 of the Union Territory Goods… Read More »
Central Government, hereby, notifies the constitution of the Appellate Authority for Advance Ruling in the Union territories- Andaman and Nicobar Islands, Chandigarh, Daman and Diu, Dadra and Nagar Haveli and Lakshdweep vide Notification No. 04/2019-Union Territory Tax MINISTRY OF FINANCE(Department of Revenue) Notification No. 04/2019-Union Territory Tax New Delhi, the 16th May, 2019 G.S.R. 367(E).—Inexercise… Read More »
No TDS is required to be deducted by purchaser even if consideration of property exceeds Rs 50 lakh but every co-owner share is less than Rs 50 Lakh:- ITAT Income Tax Appellant Tribunal ( ITAT), Delhi in case of Vinod Soni Vs ITO ITA No 2736/Del/2015 has held that Each transferee is a separate income… Read More »
Video Explanation by CA Satbir Singh The use of words ‘commits’ u/s 132 of CGST Act make it more than amply clear that the act of committal of the offence is to be fixed first before punishment is imposed Determination’ of the excess credit by way of the procedure set out in Section… Read More »
The work of design, realisation, integration and commissioning of Trisonic Wind Tunnel as a turnkey project will fall under definition of works contract under section 2 (119). The service provided to the Central Government by way of construction, erection, commissioning, installation, completion, fitting out, of a civil structure or any other original works meant predominantly… Read More »
Manufacturing services on physical inputs owned by principal is treated as service by way of job work and is covered under Heading No. 9988 and, thus, activity of job work carried out on materials supplied by principal falling under HSN 5702 & 5703 are taxable at rate of 2.5 per cent CGST and 2.5 per… Read More »
Supply of medicines, consumables, surgical items, items such as needles, reagents, etc., used in laboratory, room rent used in the course of providing healthcare services to in-patients and patients admitted for a day procedure such as IVF for diagnosis or treatments which are naturally bundled and are provided in conjunction with each other, would be… Read More »
A clinical establishment engaged purely in diagnostic services such as clinical biochemistry, micro biology, chemotology, clinical pathology, radiology, ECG, radiometry, pulmonary function test etc. comes under purview of Clinical Establishment Act and are rendering services through qualified laboratory technicians, paramedical technicians, doctors and radiologist. As per SRO. No. 371/2017 vide SL. No. 74 (Notification No.… Read More »