Goods and Services Tax - Page 3

GST Charcha: Compliances of E-Way Bill – Alarming Bells!!

Do E-Way Bill system is to check tax evasion or to confer arbitrary powers on authorities to impose heavy penalties in case of missing details for a technical fault even when apparently there is no ill intention to evade taxes....

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GST on Power Bank used to charge portable devices: AAR Haryana allowed application withdrawal

In re  EPCOS India Pvt. Ltd. (GST AAR Haryana)

In re  EPCOS India Pvt. Ltd. (GST AAR Haryana) Question Raised- Whether the product power bank which is used to charge portable devices can be classified under heading 8504 – having description “Electrical Transformers, Static converters (For Example, Rectifiers) And Inductors? Held by GST AAR Haryana Before the applicant could be pr...

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Composite supply of exam support services attracts 18% GST: AAR

In re BC Examinations and English Services India Pvt. Ltd (AAR Haryana)

1. Whether all the activities involved in the exam support service constitute a mixed supply or a composite supply? 2. What will be the rate of GST applicable on the exam support service?...

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GST on Meat of Sheep or goat, frozen & packed in LDPE/HDPE bags

In re Gitwako Farms (India) Pvt. Ltd. (GST AAR Haryana)

Meat of Sheep or goat, frozen and packed in LDPE/HDPE bags having varied weight and quantity printed/labelled on such pickings, whether could be held to be packed in unit containers ?...

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Fabrication / mounting of bus bodies on chassis supplied by client is composite supply of Goods

In re Paras Motor Industries (GST AAR Haryana)

The activity of fabrication and fitting and mounting of bus bodies on the chassis supplied by the other party is a composite supply with supply of goods, i.e., bus-bodies, being principal supply (HSN code 8707) and it cannot be treated as Job Work. ...

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No GST on Packed Meat not qualifying as product put up in ‘Unit Container’

In re AOV Agro Food Pvt. Ltd. (GST AAR Haryana)

Meat of Sheep or goat or poultry, frozen and packed in LDPE/HDPE bags having varied weight and quantity printed/labelled on such pickings, whether could be held to be packed in unit containers?...

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Truck mounted cranes falls under chapter heading 8705: AAR

In re Action Construction Equipment Limited (GST AAR Haryana)

The product manufactured/supplied by the applicant, which is resultant of mounting/fixing of crane on readymade trucks/lorries bought by them from truck/lorry manufacturers such as Ashok Leyland, TATA, etc. and known as truck mounted cranes (TMC), is classifiable under heading 8705....

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Forfeited Issuance fee of Reward points is fee for supply of Services: AAR

In re Loyalty Solutions and Research Private Limited (AAR Haryana)

In case the customer does not or is not able to redeem the rewards points, within their validity period of 36 months from the date of issue, the reward points are forfeited by the applicant. Whether this amount of issuance fee retained/forfeited by LSRPL, would amount to consideration for actionable claims and subject to GST....

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Brake Pad and Auto Parts- GST Rate 18% or 28%?

In re Roulunds Braking India (Pvt.) Ltd, Sonipat (GST AAR Haryana)

Brake pads for use as brake assembly and its parts thereof for tractors attract 18% GST (9% CGST+9% HGST) and the brake pads manufactured as parts and accessories of motor vehicles of heading 8701 to 8705 (other than tractors) attract 28% GST (14% CGST+14% HGST)...

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Battery for Mobile Handset- Applicability of GST Rate 12% & 28%

In re M/s EPCOS India Pvt. Ltd. (AAR Haryana)

Whether the product 'Battery for Mobile Handset' whether it be separable or non-separable i.e., whether it be detachable or non-detachable, when sold to the mobile handset manufacturers who uses the same to make it form part of the mobile handset will, qualify to be classified under heading-85 having description "Parts for manufacture of ...

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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.

At Taxguru, we provide all the latest GST news to our viewers. Our group of expert keep a close check on all the latest developments and provide a comprehensive analysis on GST updates. We keep updating our portal with articles on GST for the enlightening our readers. Bookmark us for all the GST articles and much more on GST.