Goods and Service Tax

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GST on Charitable and Religious Trusts

Provisions for Charitable and Religious trust under GST GST on Charitable and Religious Trusts, The provisions relating to taxation of activities of charitable institutions and religious trusts have been borrowed and carried over from the erstwhile service tax provisions. All services provided by such entities are not exempt.  In fact, there are many services that are provided
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Recent Amendment in Eway bill Rules

Recent Amendment in Eway bill Rules The EWay Bill is meant to be generated only where the value Of the consignment exceeds Rs. 50,000. For the smaller value consignments, no e-way bill is mandated. The provisions of sub-rule (7) of Rule 138 will be notified from a later date. Therefore.at present, there is no requirement to generate
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GTA

Goods Transport Agency in GST | GTA in GST Background of levying the tax on the services of GTA, Goods Transport Agency The levy of Service Tax on Road Transportation Service has always been a contentious issue. The Finance Act, 1997 had levied Service Tax on Goods Transport Operators w.e.f. 16-11-1997 which was subsequently withdrawn after
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Imports in GST Regime

Clarifications on exports related refund issues Circular No. 37/11/2018-GST issued by CBEC to give clarifications on exports related refund issues. It is to ensure uniformity in the implementation of the provisions of the law across field formations of CBEC Board vide Circular No. 17/17/2017 – GST dated 15th November 2017 and Circular No. 24/24/2017 –
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Imports in GST Regime

Imports in GST Regime Introduction Imports in GST Regime, Under the GST regime, Article 269A constitutionally mandates that supply of goods, or of services, or both in the course of import into the territory of India shall be deemed to be the supply of goods, or of services, or both in the course of inter-State
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Processing of refund applications for UIN entities

Processing of refund applications for UIN entities Processing of refund applications for UIN entities, The GST Council, in its 23rd meeting held at Guwahati on 10th November 2017, has decided that the entities having Unique Identity Number (UIN) may be given centralized registration at the option of such entities. Further, it was also decided that
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GST on Under Construction and Ready-To-Move-In Property

GST on Under Construction and Ready-To-Move-In Property Government of India has issued Clarification about the applicability of GST on Under Construction and Ready-To-Move-In Property, As per GST law, construction of a complex, building, civil structure or a part thereof, including a complex or building intended for sale to a buyer, wholly or partly, except where the entire
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