Goods and Service Tax

GST Council Meet

Reading Time: 2 minutes GST Council structure, As per Article 279A of the amended Constitution, the GST Council is a joint forum of the Centre and the States, and consists of the following members: – The Council is empowered to make recommendations to the Union and the States on the following:- (a) the taxes, cesses and surcharges levied by
Read More

GST on Stockbroking

Reading Time: 7 minutes GST on Stockbroking, The CBIC has published the FAQs on different topics and sectors. Following are the FAQs on Stock broking Sector under GST:- Q-1. In the case of stockbroking, whether stamp duty or securities transaction tax or other Central or State taxes would be considered as a part of the value of supply as prescribed
Read More

HSN Code For Tractors

Reading Time: 4 minutes GST on Insurance Sector, The CBIC has published the FAQs on different topics and sectors. Following are the FAQs on Insurance Sector under GST:- GST on Insurance Sector Q-1: What is the location of the supplier of service for fund management charges in ULIP policies? Ans: The fund management charges are charges towards managing and administering the
Read More

GST on Banking Sector

Reading Time: 27 minutes GST on Banking Sector, The CBIC has published the FAQs on different topics and sectors. Following are the FAQs on Banking Sector under GST:- GST on Banking Sector Q-1: Whether Banks are required to capture the details of ATMs in registration certificate as a ‘place of business’? Ans. No, Banks are not required to provide the
Read More

HSN Code for Printed Books

Reading Time: 2 minutes GST Rate & HSN Code for Printed Books, Brochures, Newspapers as mentioned in the chapter 49. GST Rates & HSN Codes for Printed Books, Brochures, Newspapers, Calendars, Childres’s colouring books, Picture books, Atlases, Other printed material. The GST Council has released the GST E-Book which Contains GST Rates on various goods with HSN Code, here
Read More