JOIN ONLINE GST COURSE Click Here

Join Online GST Certification Course by TaxGuru & GST Professionals

CGST

All about Tax Invoice and other such instruments in GST

Goods and Services Tax - Under the GST regime, an “invoice” or tax invoice means the tax invoice referred to in section 31 of the GST Act, 2017. This section mandates the issuance of an invoice or a bill of supply for every supply of goods or services. ...

Read More

All about Appeals and Review Mechanism under GST

Goods and Services Tax - GST being implemented in our country is a dual GST i.e. to say every supply attracting the levy will be leviable to both Central tax and State tax. So does this mean that if a taxpayer is aggrieved by any such transaction, he will have to approach both the authorities for exercising his right of appeal? The answer is a plain NO....

Read More

Role of Proper officer under various provision of CGST Act

Goods and Services Tax - This article lists out the multiple roles of proper officer under various provision of CGST Act...

Read More

When a supplier is liable to register under GST

Goods and Services Tax - As per section 22 and 24 of CGST ACT, 2017 following kinds of supplier shall be required to get register : (1) Every supplier shall be liable to be registered under this Act in the State or Union territory, other than special category States, from where he makes a taxable supply of goods or services or both, if his aggregate turnover in a...

Read More

Transitional Issues in GST on Textiles – Deemed Credit of CGST on Textile Cloth and other items

Goods and Services Tax - There have been certain doubts as to admissibility of deemed credit of CGST on in-hand stocks of Textiles Cloth (and many other items which are related the genre of Textiles) for those person registered under GST which were not registered under Central Excise except the Manufacturers, i.e. the traders....

Read More

Cabinet approves CGST and IGST (Amendment) Bill, 2017

Goods and Services Tax - The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its ex-post facto approval for the promulgation of the Central Goods and Services Tax (Extension to Jammu & Kashmir) Ordinance, 2017 and replacement of the Ordinance by the Central Goods and Services Tax (Amendment) Bill, 2017. ...

Read More

Standardized PPT on CGST, IGST & Compensation to States Act, 2017

Goods and Services Tax - Goods & Services Tax (GST) has been implemented w.e.f 1st July 2017. In order to keep the members and other stakeholders abreast Indirect Taxes Committee of ICAI has already released publications namely BGM on GST Acts & Rules, 2017, FAQs & MCQs on GST, Bare Law on GST Acts & Rules etc. To contribute further, […]...

Read More

CGST Rules, 2017 as amended upto 01/07/2017

Goods and Services Tax - Download Central Goods and Services Tax (CGST) Rules, 2017 (As on 02.07.2017) Notified vide Notification No. 3/2017-Central Tax (Dated 19th June 2017) and further as amended by Notification No. 7/2017-Central Tax (Dated 27th June 2017), Notification No. 10/2017-Central Tax (Dated 28th June 2017) and Notification No. 15/2017-Central Tax (D...

Read More

Postponement of provision related to TDS & TCS of CGST / SGST Act 2017

Goods and Services Tax - With the objective of ensuring smooth rollout of GST and taking into account the feedback received from the trade and industry regarding the provisions of deduction of tax at Source under Section 51 of the CGST / SGST Act 2017 and collection of tax at source under Section 52 of the CGST / SGST Act 2017, the following has been decided :-...

Read More

6 CGST and 2 IGST Notification with 5 GST Rules released by CBEC

Goods and Services Tax - On 19th June 2017 CBEC released Six Central Tax notifications ,  two Integrated Tax notifications paving the way for implementation of GST with effect from 01st July 2017. In Addition to that it also released with Format GST Rules related to Advance Ruling , Anti Profiteering, Appeals and Revision, Assessment and Audit  and E-way. Detai...

Read More

GST on legal services lacks clarity and creating doubts: Delhi HC

J K Mittal & Company Vs. Union Of India & Ors. (Delhi High Court) - In this case Delhi High Court held that as of date there is no clarity on whether all legal services (not restricted to representational services) provided by legal practitioners and firms would be governed by the reverse charge mechanism. ...

Read More

TDS not deductible on GST Component: CBDT

Circular No. 23/2017-Incomne Tax - (19/07/2017) - Even under the new GST regime, the rationale of excluding the tax component from the purview of TDS remains valid, the Board hereby clarifies that wherever in terms of the agreement or contract between the payer and the payee, the component of 'GST on services' comprised in the amount payable to a r...

Read More

12% GST on Citrus fruit, clementines, wilkings, grape fruits, including lemons & limes

Corrigendum - (12/07/2017) - G.S.R. (E).- In the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.1/2017-Central Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 673(E), dated the 28th J...

Read More

CGST (Extension to Jammu and Kashmir) Ordinance, 2017

No. 3 of 2017 - (08/07/2017) - Promulgated by the President in the Sixty-eighth Year of the Republic of India. An Ordinance to provide for the extension of the Central Goods and Services Tax Act, 2017 to the State of Jammu and Kashmir....

Read More

Bond/ Letter of Undertaking for exports without IGST payment- Reg.

Circular No. 4/4/2017-GST - (07/07/2017) - As per rule 96A of the Central Goods and Services Tax Rules, 2017 ( The CGST Rules), any registered person exporting goods or services without payment of integrated tax is required to furnish a bond or a Letter of Undertaking (LUT) in FORM GST RFD-11....

Read More

LOU in place of a bond for export without payment of IGST- Conditions

Notification No. 16/2017– Central Tax - (07/07/2017) - Notification No. 16/2017-CT (conditions and safeguards for furnishing a Letter of Undertaking (LOU) in place of a bond for export without payment of integrated tax) [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUBSECTION (I)] Government of India Ministry of Finance De...

Read More

Recent Posts in "CGST"

All about Tax Invoice and other such instruments in GST

Under the GST regime, an “invoice” or tax invoice means the tax invoice referred to in section 31 of the GST Act, 2017. This section mandates the issuance of an invoice or a bill of supply for every supply of goods or services. ...

Read More

All about Appeals and Review Mechanism under GST

GST being implemented in our country is a dual GST i.e. to say every supply attracting the levy will be leviable to both Central tax and State tax. So does this mean that if a taxpayer is aggrieved by any such transaction, he will have to approach both the authorities for exercising his right of appeal? The answer is a plain NO....

Read More

Role of Proper officer under various provision of CGST Act

This article lists out the multiple roles of proper officer under various provision of CGST Act...

Read More

TDS not deductible on GST Component: CBDT

Circular No. 23/2017-Incomne Tax (19/07/2017)

Even under the new GST regime, the rationale of excluding the tax component from the purview of TDS remains valid, the Board hereby clarifies that wherever in terms of the agreement or contract between the payer and the payee, the component of 'GST on services' comprised in the amount payable to a resident is indicated separately, tax sha...

Read More

Cabinet approves CGST and IGST (Amendment) Bill, 2017

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its ex-post facto approval for the promulgation of the Central Goods and Services Tax (Extension to Jammu & Kashmir) Ordinance, 2017 and replacement of the Ordinance by the Central Goods and Services Tax (Amendment) Bill, 2017. ...

Read More

When a supplier is liable to register under GST

As per section 22 and 24 of CGST ACT, 2017 following kinds of supplier shall be required to get register : (1) Every supplier shall be liable to be registered under this Act in the State or Union territory, other than special category States, from where he makes a taxable supply of goods or services or both, if his aggregate turnover in a...

Read More

Transitional Issues in GST on Textiles – Deemed Credit of CGST on Textile Cloth and other items

There have been certain doubts as to admissibility of deemed credit of CGST on in-hand stocks of Textiles Cloth (and many other items which are related the genre of Textiles) for those person registered under GST which were not registered under Central Excise except the Manufacturers, i.e. the traders....

Read More

Accounts & Records To Be Maintained Under GST (Sec. 35, 36 & Rules 56 to 58 of CGST Act)

Accounts & Records To Be Maintained Under GST (Sec. 35, 36 & Rules 56 to 58 of CGST Act)...

Read More

Special provisions under GST for maintenance of Accounts and records by Warehouse, Godown and Transporter

Special provisions under GST for maintenance of Accounts and records by Warehouse, Godown and Transporter...

Read More

GST on legal services lacks clarity and creating doubts: Delhi HC

J K Mittal & Company Vs. Union Of India & Ors. (Delhi High Court)

In this case Delhi High Court held that as of date there is no clarity on whether all legal services (not restricted to representational services) provided by legal practitioners and firms would be governed by the reverse charge mechanism. ...

Read More
Page 1 of 812345...Last »

Browse All Categories

CA, CS, CMA (3,436)
Company Law (3,325)
Custom Duty (6,549)
DGFT (3,398)
Excise Duty (4,034)
Fema / RBI (3,225)
Finance (3,386)
Income Tax (24,794)
SEBI (2,705)
Service Tax (3,275)

Search Posts by Date

July 2017
M T W T F S S
« Jun    
 12
3456789
10111213141516
17181920212223
24252627282930
31