Clarification regarding GST rate on imitation zari thread or yarn based on the recommendation of the GST Council in its 52ndmeeting held on 7th October, 2023. Circular No. 205/17/2023-GST F. No. CBIC-190354/195/2023-TO(TRU-II) Government of India Ministry of Finance Department of Revenue(Tax Research Unit) ***** North Block, New Delhi Date: 31stOctober,2023 Download Circular Click here
GST Demand order Relief to taxpayer who filed reply I CA Satbir Singh
GOODS & SERVICES TAX UPDATE-208 1. Amendment in CGST Rules In order to give effect to the recommendations made in the 52nd GST Council Meeting, the following amendment in the CGST Rules have been notified: a) Amendment in Rule 28 – Value of supply of goods or services or both between distinct or related persons, other than… Read More »
NEW GST CLARIFICATIONS 27 oct 2023 i GST CIRCULAR I GST LATEST UPDATE CA Satbir Singh
Clarification on issues pertaining to taxability of personal guarantee and corporate guarantee in GST Circular No.204/16/2023-GST F.No. 20/06/22/2023-GST-CBEC Government of IndiaMinistry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing ***** NewDelhi,Datedthe 27thOctober, 2023 To,ThePrincipalChiefCommissioners/ChiefCommissioners/PrincipalCommissioners/ Commissionersof Central Tax (All)The Principal Directors General/ Directors General (All)Madam/Sir, Subject:Clarificationon issuespertaining totaxability of… Read More »
Clarification regarding determination of place of supply in various cases CircularNo. 203/15/2023-GST F. No. 20/06/22/2023-GST-CBEC Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs, GST Policy Wing ***** New Delhi, dated the 27thOctober, 2023 Download Click here
Clarification relating to export of services – sub-clause (iv) of the Section 2 (6) of the IGST Act 2017 CircularNo. 202/14/2023-GST F.No. 20/06/22/2023-GST-CBEC Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and Customs GST Policy Wing ****** New Delhi, the 27thOctober, 202 Download Click here
“Advisory related to changes in GSTR-5A” 27/10/2023 “Notification 51/2023 dated 29.09.2023 has introduced Table 5B in GSTR 5A w. e. f 01.10.2023. In this notification, Table 5B has been introduced to report supplies made to Registered GSTINs (B2B supplies). This would be implemented shortly at GSTN and till such time, OIDARs are advised to file… Read More »
NEW GST Change from 26 Oct 2023 New Notification I GST Latest update I CA Satbir Singh
Notification No 52/2023 Central Tax MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 26th October, 2023 No. 52/2023 – Central Tax G.S.R. 798(E).— In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central… Read More »