Goods and Services Tax : Article explains different GST slabs in India, items categorized under each GST slab, GST percentage rates, types of GST, and GST ...
Goods and Services Tax : No GST is payable where the residential dwelling is rented to a registered person if it is rented it in his/her personal capacity ...
Goods and Services Tax : Article compiles GST Rate on works contract services w.e.f 1st January 2022 mentioning Chapter, Section or Heading, Description of...
Goods and Services Tax : GST Rates on various Composite or works contract services to various recipients has been one mind boggling affair for all taxpayer...
Corporate Law : Article summarises the following changes in GST Rates wef 01.01.2022 Textile sector rate changes (goods) applicable from 01.01.202...
Goods and Services Tax : CBIC Notice calling for feedback/ suggestions from stakeholders on Harmonization of GST Rate Schedule on Services and the Classifi...
Goods and Services Tax : CHANGES IN GST SLAB - At present, there is no recommendation from the GST Council for change in the existing GST rate slabs....
Goods and Services Tax : The GST rates on certain goods have under gone changes since the introduction of GST. The rate changes are given effect through am...
Goods and Services Tax : As per Sources GST Council is expected to meet physically on 31st December 2021 at 11 AM and it may discuss deferment of hike ...
Goods and Services Tax : The entire textile trade and industry is in shock on Government’s decision of increase in GST Rate on textile from 5% to 12& whi...
Goods and Services Tax : In re Chikkaveeranna Sweet Stall (GST AAR Karnataka) For composition tax payers what is the applicable rate of GST for the manufac...
Goods and Services Tax : The High Court forwarded the application to GST Council for appropriate consideration of exact GST rate applicable on Ayurvedic/ U...
Goods and Services Tax : Sh. Vasantbhai Bhikabhai Patel Vs M/s Shree Infra (National Anti-Profiteering Authority) We have carefully considered the Report o...
Goods and Services Tax : Product Sanitary Napkin vide Notification No. 19/2018-Central Tax (Rate) dated 26.07.2018, w.e.f 27.07.2018 was exempted and attra...
Goods and Services Tax : In re Wabco India Limited (GST AAR Tamil Nadu) 1. Whether the Electrical Wiring Harness, primarily an electrical wire with connect...
Goods and Services Tax : Explore the latest amendments to Central Tax Rates in 2024. Notification 01/2017 updated with crucial changes. Learn about modific...
Goods and Services Tax : Explore the latest amendments to Integrated Tax Rates with Notification 01/2024. Effective from January 4, 2024, the changes impac...
Goods and Services Tax : Seeks to amend notification No. 2/2017- Union Territory Tax (Rate) vide Notification No. 10/2022-Union Territory Tax (Rate) |Dated...
Goods and Services Tax : Seeks to amend notification No. 2/2017-Union Territory Tax (Rate), dated the 28th June, 2017 vide Notification No. 10/2022-Union T...
Goods and Services Tax : Seeks to amend notification No.1/2017-Integrated Tax (Rate), dated the 28th June, 2017 vide Notification No. 6/2022-Intergrated Ta...
Product Sanitary Napkin vide Notification No. 19/2018-Central Tax (Rate) dated 26.07.2018, w.e.f 27.07.2018 was exempted and attracted NIL rate of GST. However prior to 27.07.2018 this product attracted 12% GST with the benefit of ITC on the inputs and input services which was denied from 27.07.2018 as the product was exempted from levy of tax.
GST Council in the 37th meeting held on 20th September, 2019 at Goa inter-alia, decided to lower GST rates on hotel tariff, outdoor catering and other miscellaneous items. To give effect to its decision they have issued Notification No. 20/2019-Central Tax (Rate) dated 30th September, 2019 NATURE OF SERVICE PARTICULARS TAXABLE AMOUNT TAX RATE CONDITIONS […]
CBIC clarifies in in respect of applicable GST rates on the following items: (i) Classification of leguminous vegetables such as grams when subjected to mild heat treatment (ii) Almond Milk (iii) Applicable GST rate on Mechanical Sprayer (iv) Taxability of imported stores by the Indian Navy (v) Taxability of goods imported under lease. (vi) Applicable […]
Effective from 1st October 2019 vide Notification no.20/2019-Central Tax (rate) dated 30th September 2019, a few entries have been inserted/amended with regard to job work rates in the primary rate Notification no. 11/2017-Central tax (rate) dated 28th June 2017. After the amendment in the said Notification, Heading 9988 reads as follows:
What Council Propose – Government Disposes !! Council at their 37th meeting took the following decision with respect to reduction in rates of tax on job-work services: ‘3. To reduce rate of GST from 5% to 1.5% on supply of job work services in relation to diamonds. 4. To reduce rate of GST from 18% […]
CBIC issues 43 notifications on 30th September 2019 to give effect to Recommendations made by GST Council in its 37th Meeting. Most of the changes are effective from 1st October 2019 and includes changes in Custom Law, CGST, IGST and UTGST Law. Changes includes changes in Rates on certain Products and Services, Applicability of Reverse […]
Seeks to amend notification No 1/2017- Union territory Tax (Rate) dated 28.6.2017 so as to specify effective UTGST rates for specified goods, to give effect to the recommendations of the GST Council in its 37th meeting dated 20.09.2019 vide Notification No. 14/2019-Union territory Tax (Rate) Dated 30th September, 2019. GOVERNMENT OF INDIA MINISTRY OF FINANCE […]
The 37th meeting of GST Council was held on 20th September, 2019 at Goa where in several taxpayer friendly measures have been announced which inter alia include GST rate reduction on hotels, few exemptions, lower rate on diamond related job works and outdoor catering, measures to boost export, few clarifications and relaxation in filing annual returns etc. However, no change has been made in audit requirements.
Proposed changes in Hospitality Sector with respect to GST as discussed in the 37th meeting of the GST Council With the Puja and Winter vacations approaching, expeditions and trips are inevitable! The 37th Meeting of the Goods and Services Tax Council, held in Goa on 20th September, 2019 had proposed to lower the GST rates […]
Decisions taken at 37th GST Council meet at Goa on 20.09.2019 (with specific reference to Hotel) GST Council in the 37th meeting held on 20th September, 2019 (Friday) at Goa inter-alia, decided to lower GST rates on hotel tariff, outdoor catering and other miscellaneous items. (A) GST Rates on hotel room tariffs A comparative analysis of the […]
