With the approval of the Competent Authority, an updated Harmonized Master List of Infrastructure Sub-sectors (Annexure-I) is hereby notified. The new list incorporates the following change to the notification dated 17th October, 2017:
The Council has recommended major relief in GST rates on certain goods and services by reduction in GST rate from 28% to 18% on goods falling in 178 headings at 4-digit level. After these changes, only 50 items will attract GST rate of 28%.
After its launch in July 2017, there has been a temporary slowdown post implementation of Goods and Services Tax (GST) even though Government of India has ideated and implemented a number of initiatives to improve business conduciveness, noted a recent ASSOCHAM-EY joint study.
I am a Normal Taxpayer/ Composition/ Casual Taxable Person/ Input Service Distributor (ISD) / SEZ Developer/ SEZ Unit. How can I register with GST? The Registration Application for Normal Taxpayer/ Composition/ Casual Taxable Person/ Input Service Distributor (ISD)/ SEZ Developer/ SEZ Unit is same.
The UAE is implementing VAT effective 1st January 2018 on all goods and services with only 4 exceptions as exempt supplies. Education is also going to attract VAT but at Zero Rate.
(i) These Regulations shall be called the Foreign Exchange Management (Transfer or Issue of Any Foreign Security) (Amendment) Regulations, 2017. (ii) They shall come into force from the date of their publication in the Official Gazette.
We have written load of things about the problems due to the way GST implemented without any preparation or foresight. By the time we understand a provision it changes to some new fatwa
