Reading Time: 4 minutesGST Rate & HSN Code for Newsprint, Uncoated paper & paperboard as mentioned in the chapter 48. GST Rates & HSN Codes for Newsprint in rolls or sheets, Uncoated paper & paperboard, Vegetable parchment. The GST Council has released the GST E-Book which Contains GST Rates on various goods with HSN Code, here we have
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Reading Time: 5 minutesIGST refund IGST refund, A number of representations have been received from the exporters/trade associations seeking resolution of problems which have hindered sanction of refund of IGST paid on exports. From time to time, Board has provided solutions to a number of issues because of which refunds were held up. However, there is still one
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Reading Time: 2 minutesGST Rate & HSN Code for Plaiting Materials, Basketwork as mentioned in the chapter 46. GST Rates & HSN Codes for Plaits & Plaiting Materials, Basketwork, Wickerwork, Articles of Loofah of Vegetable materials. the GST Council has released GST E-Book which Contains GST Rates on various goods with HSN Code, here we have provided the
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Reading Time: < 1 minuteTamilnadu Intra State E WayBill, The Government of Tamilnadu has notified the Tamilnadu Intra State E WayBill w.e.f. 02-06-2018 vide notification No.9_2018 stating that “In exercise of the powers conferred by clause (d) of sub-rule 14 of Rule 138 of the Tamil Nadu Goods and Services Tax Rules, 2017, Commissioner of State Tax, Tamil Nadu, hereby
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Reading Time: 2 minutesSpecial Refund Fortnight will be organised from May 31 to June 14 in which Centre and state GST officers will strive to clear all GST refund applications received on or before April 30, 2018,” the government tweeted from the official handle for GST-related matters. Special Refund Fortnight, the Central Board of Indirect Taxes & Customs
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Reading Time: 2 minutesAuthority for Conducting exams for GST Practitioners, The Central Board of Indirect Taxes and Customs (“CBIC”) vide Notification No. 24 /2018 – Central Tax dated May 28, 2018, has decided that the National Academy of Customs, Indirect Taxes and Narcotics, Department of Revenue, Ministry of Finance, Government of India, as the authority to conduct the examination for GST Practitioners as
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Reading Time: 2 minutesGST on Farmers, The Central Board of Indirect Taxes & Customs has given Clarification on the GST implication related to farmers on 28th May 2018, according to the press release issued by CBIC “It has been reported in the certain section of the Press that certain changes have been made in GST law relating to farmers, which
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Reading Time: 5 minutesProvisional Assessment in GST, In case, the supplier is unable to determine value/rate of tax on goods/services or both applicable he can request Asst. /Dy. Commissioner of Central Tax, giving reasons for payment of tax on the provisional basis. Provisional Assessment in GST Introduction A supplier will come to know the extent of his tax liability which
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Reading Time: 10 minutesTreatment of Information Technology Information Technology enabled Services IT ITES under GST Question 1: Whether software is regarded as goods or services in GST? Answer: In terms of Schedule II of the CGST Act 2017, development, design, programming, customisation, adaptation, upgradation, enhancement, implementation of information technology software and temporary transfer or permitting the use or
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Reading Time: 2 minutesArrest under GST, Father Son arrested in case of fraudulent issuance of GST invoices, Central Tax, GST Delhi East Commissionerate arrested a Shahdara based father son-duo on 22.05.2018 in case of fraudulent issuance of Input Tax Credit invoices involving evasion of approximately Rs. 28 Crores relating to the Copper industry. As per Section 132 of the
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