‘Buy One Get Two Free’ or ‘Get a Bag free on purchasing items worth Rs 5,000/-‘ or ‘Get Additional 10% discount on annual purchases exceeding Rs 2,50,000/-‘ – Goods and Service Tax (GST) Impact Analysis Sales promotion includes several communications activities that attempt to provide added value or i...
Read MoreA blogger is someone who provides space for brands to place their advertisement. Before we get into a detailed interpretation of GST applicability on Bloggers / You Tubers, it is essential to understand their working pattern. There are facilitator agencies, who work as advertising channel between the companies and the blogger. Most of the...
Read MoreGovernment published Notification No 13/2017-Central Tax (Rate) dated 28.06.2017 enumerating list of services on which recipient of services required to pay tax under reverse charge mechanism....
Read MoreHence Bike and scooty having engine capacity more than specified limit will be covered in motor vehicle and ITC will be not eligible as per section 17(5) CGST ACT....
Read MoreAppeal to FM to do away with GST on Affordable Housing & amend the thresholds of Affordable Housing The Real Estate Sector is the worst affected due to acute recession in the economy. The steps announced in the Budget 2019 & the remedial measures announced thereafter have not provided any respite to the ailing Real […]...
Read MoreNew Functionality on GSTN Portal for Taxpayers includes functionality for New GST Return (Trial), Opting for Composition scheme by taxpayers dealing with services (Form GST CMP 02), TDS/TCS Deductor & Temp Registrants- Adding of Bank Account details by TDS/TCS Deductors & Temp Registrants and Addition of Legal Name on Search of a ...
Read MoreTaxGuru Edu, an educational wing of Taxguru bring you the best in class Advanced Online GST Certification Course – Batch 12. Learn GST in a Practical way and become an Expert in this field. Batch covers detailed analysis of Entire GST law with special focus on Effective GST Audits & Reconciliation Statements, filing of Annual [&hell...
Read MoreRacket of Issuance of Invoices Without Actual Supply of Goods Busted In Delhi CGST Delhi West and CGST Delhi North in a joint operation busted a racket of issuance of invoices without actual supply of goods. The taxpayer availed fraudulent Input Tax Credit for seeking IGST Refunds from Customs formations. Investigations revealed a novel m...
Read MoreGSTN Clarification on Form GST DRC-03 for Payment of tax on voluntary basis Form GST DRC-03 DRC-03 is a payment form in which a taxpayer can pay the GST by raising its liability voluntarily or in response to the show cause notice (SCN) raised by the GST Department. Payment on Voluntary Basis can be made […]...
Read MoreCentral Bureau of Investigation has arrested a Superintendent, working in the office of Central Goods and Services Tax, Meerut (Uttar Pradesh) for demanding and accepting a bribe of Rs. three lakh from the complainant....
Read MoreIn re M/s. Madhya Pradesh Power generating Company Limited (GST AAR Madhya Pradesh) - In re M/s. Madhya Pradesh Power generating Company Limited (GST AAR Madhya Pradesh) 1. Rate of GST on contract for construction of building and structure for colony at village Siveria at 2×660 MW Shree Singaji Thermal Power Project Stage -II Khandwa. As per Notification No. 11/2017 as amended b...
Read MoreIn re M/s. Directorate of Skill Development (GST AAR Madhya Pradesh) - In re M/s. Directorate of Skill Development (GST AAR Madhya Pradesh) If the service is imported for the purpose of business or commerce even by the Govt then exemption would not be available and Govt need to pay GST under Reverse Charge. This can be further substantiated as per Q No 14 of GST Sector...
Read MoreIn re M/s. NMDC Limited (GST AAR Madhya Pradesh) - In re M/s. NMDC Limited (GST AAR Madhya Pradesh) In respect of the first question raised by the Applicant regarding the classification of service by way of granting of license to extract minerals, we rule that the said service shall be classified under Tariff Heading 99733. In respect of the second ...
Read MoreIn re M/s. Indo Thai Securities Limited (GST AAR Madhya Pradesh) - In this case stock broking service is the principal supply and all other ancillary supplies shall take colors from the principal supply itself and it shall be classified as principal supplies i.e. Stock Broking Services....
Read MoreIn re M/s. Prakash Chand Jain (GST AAR Madhya Pradesh) - In re M/s. Prakash Chand Jain (GST AAR Madhya Pradesh) The product in question is essentially a Rechargeable LED Torch Light (as also mentioned on the packing of the product provided by the applicant). It comes equipped with an inbuilt rechargeable battery with AC adapter for recharging purpose. The...
Read MoreTrade Circular No. 48T of 2019 - (13/09/2019) - You are aware that Mission Mangal movie which is based on the Mangalyan mission of Indian Space Research Organisation (ISRO) is released throughout India. Our scientists, mainly women scientists, have given their valuable contribution to the success of this mission....
Read MoreNotification No. VAT. 1519/CR 79/Taxation-1 - (06/09/2019) - Amendment to Notification under MVAT Act Section 41(1) (Add Republic of Bangladesh w.e.f 01.06.2019) FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 6th September 2019. NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002. No. VAT. 1519/CR 79/Taxation-1...
Read MorePUBLIC NOTICE NO. 17/2019 - (29/08/2019) - Exporters are requested to advise their respective Shipping Lines to file the EGM correctly before the departure of the vehicle. In the event of EGM errors, the Shipping Bill generated in the IGST Temporary Scroll will not be migrated to final Scroll. Unless, the Shipping Bill figures in the final S...
Read MoreF. No. 20/16/04/18-GST - (06/09/2019) - As the issue of non-recording of UINs has continued even after 31 st March, 2019 it has been decided to extend the waiver given in this regard vide Circular No.63/37/2018-GST dated 14 th September, 2018 upto 31st March 2020....
Read MoreNotification No. 41/2019–Central Tax - (31/08/2019) - Notification No. 41/2019- Central Tax dated 31.08.2019 issued to waive the late fees for the month of July, 2019 for FORM GSTR-1 and GSTR-6 to be filed by taxpayers in J&K and 58 flood affected districts across 7 States provided the said returns are furnished by 20.09.2019. Waiver of late fees- ...
Read MoreIn re M/s. Madhya Pradesh Power generating Company Limited (GST AAR Madhya Pradesh) -
In re M/s. Directorate of Skill Development (GST AAR Madhya Pradesh) -
In re M/s. NMDC Limited (GST AAR Madhya Pradesh) -
In re M/s. Indo Thai Securities Limited (GST AAR Madhya Pradesh) -
In re M/s. Prakash Chand Jain (GST AAR Madhya Pradesh) -