Indian Tax Solution
Govt. brings into force certain sections of the IGST Act, 2017 w.e.f 01.07.2017
Govt. notifies the number of HSN digits required on tax invoice
Govt. prescribes rate of interest under CGST Act, 2017
Govt. appoints the 1stday of July, 2017, as the date on which the provisions of sections 6 to 16, 18 to 20 and 23 to 26 of Union Territory Goods and Services Tax Act, 2017 (14 of 2017)shall come into force.
CGST Rate Schedule notified under section 9(1).
List of goods exempt from CGST under section 11 (1).
2.5% concessional CGST rate for supplies to Exploration & Production.
CGST: List of goods on which tax is payable under Reverse charge.
CGST: Supplies of goods for which refund of unutilised ITC not allowed
Refund of 50% of CGST on supplies to CSD under section 55.
Exemption from CGST supplies by CSD to Unit Run Canteens.
CGST exemption from reverse charge upto Rs.5000 per day.
CGST: Exempting supplies to a TDS deductor by a unregistered supplier
CGST exemption for dealers operating under Margin Scheme
Govt notifies Item wise and Integrated Tax Rate wise List of Goods
Unexpectedly high transitional input tax credit claims of Rs 65,000 crore by businesses is now a huge headache for the Govt
With the deadline for filing Goods and Services Tax (GST) returns for August coming to an end in less than 48 hours, only 8 lakh taxpayers have filed their GSTR-3B- a short summary return, at the end of Monday, said sources famili ...