Representations have been received from the members of the trade requesting clarification regarding classification of printed workbooks, exercise books, children’s drawing book etc. The issue raised in these representations is whether the aforesaid goods are classifiable under Chapter 48 or Chapter 49 of the erstwhile Central Excise Tariff Act (CETA), 1985. Issue was also litigated before the Hon’ble High Court of Delhi.
The section 51 of the CGST and MGST Act provides that every department or establishment of the Central Government or the State Government or local authority, or Government Agencies to Deduct Tax at Source
The Central Government’s decision on recommendations of the 7th Central Pay Commission (CPC) on Allowances published in Gazette of India yesterday i.e. 6th July, 2017; All allowances are given effect from 1st July 2017; Concerned Ministries advised to issue their Orders on Allowances governed by them immediately so that the revised rates of allowances get reflected in the current month’s Salary Bills of the Government employees
CBDT hereby lays down the following procedure and criteria for compulsory manual selection of returns/cases requiring scrutiny during the financial-year 2017-2018:-
Board has received references regarding the classification of eNodeB which is an LTE equipment used in wireless or cellular networks. A doubt has been expressed whether the said goods are classifiable under CTH 8517 6100 or CTH 8517 6290.
There is no change made in any subject relating to education in the GST era, except to reduce tax rate on certain items of education such as school bags etc.; Denies the reports that education will become expensive under GST; Rather services provided by an educational institution to students, faculty and staff are exempt.
Provisional Ids and Access Token of Phase 7 dealers, are now made available by GSTN Dealer can obtain their Provisional Ids from department’s portal www.mahavat.gov.in, using their login credentials. The list of all such dealers is published under “What’s New” Section on MSTD’s portal. For Phase 7, dealers registered up to 30-06-2017, RC restoration and PAN amendment cases up to 30-06-2017 are considered.
People always hesitate when it comes to investments. Investments are often considered risky which makes people rethink about it. Most of the investment options are depended upon the market conditions. This is the reason why they are considered as high-risk investments. If market conditions go down one can also face a loss whereas if the […]
How many times have you asked yourself Will the insurance company for which I am paying premiums regularly will settle the claims or reject the claims in case of any mishappening to me? Will my family get the claim benefits or not?
Supply has been elaborated in IGST law whether the supply is interstate supply or Intra- State supply. This is important aspect of GST because if the supply is Intra- State, then CGST and SGST will be attracted otherwise if the supply is Inter State then IGST will be levied.
