GST - Page 4

Constitutionality of section 13(8)(b) of IGST Act, 2017 | Bombay HC

Dharmendra M. Jani Vs Union of India And Others (Bombay High Court)

Dharmendra M. Jani Vs Union of India And Others (Bombay High Court) GST – Constitutionality of section 13(8)(b) of the Integrated Goods and Services Tax Act, 2017 – While as per the opinion of Justice Ujjal Bhuyan the provision of section 13(8)(b) of the Integrated Goods and Services Tax Act, 2017 related to Itermediary Servic...

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GST rate on laterals/parts of Sprinklers or Drip Irrigation System

Circular No. 155/11/2021-GST 17/06/2021

Laterals/parts to be used solely or principally with sprinklers or drip irrigation system, which are classifiable under heading 8424, would attract a GST of 12%, even if supplied separately. However, any part of general use, which gets classified in a heading other than 8424, in terms of Section Note and Chapter Notes to HSN, shall attrac...

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Twenty GST Pain Points Even After 4 Years

Goods and Services Tax (GST) was introduced in India with much fun and fare and ceremoniously on the midnight of 30th June and 1st July of 2017, almost four years  now. While it was considered to be the most important tax reform of independent India, it has misfired on various counts. India shifting from a multi indirect […]...

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No GST on guaranteeing of loans by Govt for their undertaking or PSU 

Circular No. 154/10/2021-GST 17/06/2021

It is re-iterated that guaranteeing of loans by Central or State Government for their undertaking or PSU is specifically exempt under said entry No. 34A....

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GST on milling of wheat into flour or paddy into rice for distribution by Govt

Circular No. 153/09/2021-GST 17/06/2021

whether composite supply of service by way of milling of wheat into wheat flour, alongwith fortification, by any person to a State Government for distribution of such wheat flour under Public Distribution System is eligible for exemption under entry No. 3A of Notification No. 12/2017-Central Tax (Rate) dated 28.06.2017...

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GST on works contract service by way of construction of rope way

Circular No. 152/08/2021-GST 17/06/2021

Works contract service provided by way of construction such as of rope way shall fall under entry at sl. No. 3(xii) of notification 11/2017-(CTR) and attract GST at the rate of 18%....

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GST on services provided by Central or State Boards

Circular No. 151/07/2021-GST 17/06/2021

GST is exempt on services provided by Central or State Boards ( including the boards such as NBE) by way of conduct of examination for the students, including conduct of entrance examination for admission to educational institution [under S. No. 66 (aa) of notif No. 12/2017-CT(R)]. Therefore, GST shall not apply to any fee or any amount c...

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GST on annuities paid for construction of road

Circular No.150/06/2021-GST 17/06/2021

It is hereby clarified that Entry 23A of notification No. 12/2017-CT(R) does not exempt GST on the annuity (deferred payments) paid for construction of roads....

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No GST on supply of food in Anganwadis and Schools

Circular No. 149/1/2021-GST 17/06/2021

It is clarified that services provided to an educational institution by way of serving of food ( catering including mid- day meals) is exempt from levy of GST irrespective of its funding from government grants or corporate donations [under said entry 66 (b)(ii)]. Educational institutions as defined in the notification include aganwadi. He...

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GST Composition scheme: Small taxpayers guide to reduced GST compliances

It is often said that the small and medium businesses are at the heart of Indian economies’ demand and supply market. To cater to these small businesses and to provide a simplified and hassle-free scheme for compliance requirements under GST, the concept of a composition levy scheme was introduced. The composition scheme is almost simil...

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June 2021