GST - Page 32

Waiver & Reduction of GST Rates for Covid Management

The 44th GST Council met on 12 June, 2021 for 44th time, just after a fortnight of its last meeting to consider and decide upon GST tax relief to goods and services being used in Covid-19 treatment and management. This is based on widespread public demand to do so for quite some time, though the […]...

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Bakery Products, Chips etc: Branded & unbranded; Rate of tax under GST

The Goods and Services Tax (GST), a new scheme of indirect taxation, after a decade of intense debate came to realization and existence, four years back. GST was introduced to the country to reduce the tax burden on producers, to avoid procedural wrangles all across and to stimulate economic growth through more production....

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GST on Various Services provided by Tiruppur City Municipality

In re Tiruppur City Municipal Corporation (GST AAR Tamilnadu)

In re Tiruppur City Municipal Corporation (GST AAR Tamilnadu) Q.1. Advance ruling is required in respect of Sl No 1 to 5, 7 to 9, as to whether the services rendered by us directly are covered under Twelfth Schedule to Article 243W of the Constitution and /or exempted under the Notfn. No mentioned against each Sl […]...

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AAR explains GST on Various services provided by Municipality

In re Erode City Municipal Corporation (GST AAR Tamilnadu)

In re Erode City Municipal Corporation (GST AAR Tamilnadu) Q1. Advance ruling is required in respect of Sl No 1 to 6, 8,9 & 13 whether the services rendered by us directly are covered under Twelfth Schedule to Article 243W of the Constitution and / or exempted under the Notfn. No mentioned against each SI […]...

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GST on construction of Residential Real Estate Project other than affordable residential apartments’

In re Ashiana Housing Limited (GST AAR Tamilnadu)

In re Ashiana Housing Limited (GST AAR Tamilnadu) Whether the activities of construction carried out by the applicant for its customer under the Construction Agreement, being composite supply of works contract are appropriately classifiable under Heading 9997, and chargeable to CGST @ 9% under S. No. 35 of Notification No.11/2017- CT(Rate...

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AAR application not admissible if question raised was already been decided

In re Veena Madhukant (Shree Parshwanath Coconuts) (GST AAR Tamilnadu)

In re Veena Madhukant (Shree Parshwanath Coconuts) (GST AAR Tamilnadu) The Authorised representative was intimated that the question raised in the application stands decided under Section 60 of the CGST/TNGST Act 2017 in their own case by the Jurisdictional authority, therefore as per first proviso to Section 98(2) of the Act, the applica...

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Revise MRP of medicines on which GST rates been reduced: NPPA

File No. 19(175)/2019/DP/NPPA/Div. II 15/06/2021

All the manufacturers and marketing companies are required to revise the MRP of drugs/formulations on which Tax/GST rates have been reduced taking into effect the revised rates of Tax/GST. Recalling or re-labelling or re-stickering on the label of container or pack of released stocks in the market prior to date of notifications, is not ma...

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How Changes in GST Rate affect Your Business Process??

The government has issued approx. 114 tax rate notification from 01/07/2017 from till now, this will just change for the government but this changes require taxpayer  to realigning their entire business process. I have identified here some important aspects to be checked by the taxpayer when there is amendment in the tax rate. 1. CORRECT...

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Placement of medical instruments without consideration in hospitals is a Supply of Service

The AAR, Kerala, in Abbott Healthcare Pvt. Ltd. [Advance Ruling No. KER/97/2021 decided on June 07, 2021] held that the placement of specified medical instruments to unrelated customers like hospitals, labs etc., for their use without transfer of ownership and consideration, against an agreement containing minimum purchase obligation to p...

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GST on scientific & technical instruments/equipment supplied to NCPOR

In re Thermo Fisher Scientific India Pvt. Ltd (GST AAR Maharashtra)

In re Thermo Fisher Scientific India Pvt. Ltd (GST AAR Maharashtra) Question : Whether Applicant is correct in charging 2.5% CGST and SGST or 5% IGST, as applicable, by applying Notification No. 45/2017-Central Tax (Rate), Notification No. 45/2017 -S.T.(Rate) and Notification No. 47/2017-Integrated Tax (Rate) all dated 14.11.2017 on the s...

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