Goods and Services Tax - Page 10

Polysulphide sealants classifiable under CTH 32141000; 28% GST Payable

In re Anabond Limited (GST AAR Tamilnadu)

In re Anabond Limited (GST AAR Tamilnadu) It is hereby clarified that the ‘Polysulphide Sealant’ manufactured by the applicant and marketed under the trade name ‘Anabond Tuffseald’ is classifiable under CTH 3214 10 00 of the First Schedule to the Customs Tariff Act, 1975 as applicable to GST as per Explanation (iii...

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AAR cannot decide whether a supply is inter-State or intra-State

In re Fichtner Consulting Engineers (I) Pvt Ltd. (GST AAR Tamilnadu)

In re Fichtner Consulting Engineers (I) Pvt Ltd. (GST AAR Tamilnadu)  The Advance Ruling sought is whether CGST & SGST or IGST is payable on the said supply, i.e., whether the transaction is an inter-state supply or intra-state supply. In this connection Section 97 of the CGST Act and Tamilnadu GST Act (TNGST) has given […]...

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AAR Not Admissible on Issue which is already pending before department

In re Veeram Natural Products (GST AAR Tamilnadu)

In the present case as the question raised by the applicant in the application is already pending proceedings, in the case of the applicant themselves, the application is not admissible under the said provisions and therefore liable for rejection....

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Analysis of GST Notifications Dated 10th September 2018

CBIC has issued the various Notifications related to the GST Returns and Amendment in CGST, Rules 2017 on 10th September 2018. In this article we will see the detailed analysis about the Notification No. 43/2018 – Central Tax to Notification No. 48/2018 – Central Tax. Analysis is as follows:- 1. Extension the due-date of TRANS-1: The...

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Embed R. F. I. D Tag For E-Way Bill System on wind screen of Vehicle

Notification No.-E-way bill-R.F.I.D./sachaldal/2018-19/1025/commercial tax (07/09/2018)

FORM GST EWB 01 is required to be furnished electronically on the common portal, before transportation of such goods in the territory of Uttar Pradesh, shall obtain a R.F.I.D. Tag and get the said R.F.I.D. Tag embedded on wind screen of the conveyance carring such goods and get it mapped to the E-way bill system....

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GST: Calcutta HC transfers Appeal filed before wrong authority

Supersmelt Sponge Private Limited. Vs Superintendent, (Anti Evasion) (Calcutta High Court)

Supersmelt Sponge Private Limited. Vs Superintendent, (Anti Evasion), Central Tax, C.G.S.T., Commissionerate, Bolpur & Ors. (Calcutta High Court) It was submitted that, the appeal filed by the petitioner is before a wrong authority. The Additional Commissioner (Appeals), C.G.S.T. Commissionerate, Siliguri has jurisdiction over the sub...

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NAA imposes Penalty for not passing benefit of reduced GST rate to customers

Shri Pawan Sharma c/o Kalptaru Departmental & General Stores Vs M/S Sharma Trading Company (National Anti-Profiteering Authority)

Shri Pawan Sharma Vs M/S Sharma Trading Company (National Anti-Profiteering Authority) We have also carefully considered the issue of imposition of penalty on the Respondent as the allegation of profiteering has been duly established against him. It is clear from the facts of the present case that the Respondent was fully aware of the Not...

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GST late fee waiver scheme launched and GSTR1 filing date extended

GST late fee waiver scheme launched and GSTR1 filing date extended.The taxpayers are advised to furnish their returns on time to ensure that input tax credit does not become time barred....

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Benami GST Registration – measures to prevent evasion of tax

Circular No 19/2018 (07/09/2018)

The registration procedure under Goods and Services Tax Act is simplified with the objective of ease of doing business. After online application, the applicant is deemed registered within 3 days. Therefore, since Oct 2017 in every Quarterly Performance Report, it has been specifically instructed to field officers to verify the new registr...

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Manufacturing of Printed Leaflet with own raw material-supply of goods or supply of services?

In re Temple Packaging Pvt. Ltd. (GST AAR Daman, Diu & DNH)

In re Temple Packaging Pvt. Ltd.(GST AAR Daman, Diu & DNH) Issue- Classification of Printed Leaflet manufactured by them in their factory out of their own raw material-paper/ink and with the contents supplied by the purchaser. Clarification sought as to whether the same is to be considered as supply of goods or supply of services [&he...

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Goods and Services Tax India

The Goods and Services Tax or better known as GST is a Value added Tax and is a comprehensive indirect tax which is levied on the manufacture, consumption, and sale of goods and services. The Goods and Services Tax in India would replace all the indirect taxes which are levied today on goods and services by the Central and the State governments. GST is intended to be comprehensive for most of the goods and services. Goods and Services Tax is a single indirect tax for the entire nation, which would make India a unified market. It is proposed to be a single tax on supply of goods and services, from a manufacturer to the end consumer. The credit of all the input taxes which are paid at each and every stage would be allowed in the following stages of value addition that makes GST basically a tax on value addition only at every stage. The end consumer would have to bear only the Goods and Service Tax which is charged by the final dealer within the supply chain, together with all the set-off benefits availed at previous stages.

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