IGST

IGST exemption vis-à-vis pre-import condition

Goods and Services Tax - Prior to introduction of the GST, the exemption was available for all types of customs duties including CVD (Additional customs duty popularly known as countervailing duty) and SAD (Special Additional duty or countervailing duty for sales tax). The notification expressly permitted the duty-free imports even after fulfillment of the export...

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Levy & Apportionment of Integrated Goods and Services Tax

Goods and Services Tax - The Constitution of India provides that the Parliament may, by law, provide the manner in which goods and services tax, collected on following supplies of goods or services or both, shall be apportioned in between the Union and the States, namely:- (i) supply of goods or services or both in the course of inter-State trade […]...

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Validity of Levy of Integrated Tax in GST

Goods and Services Tax - In section 7 of the Integrated Goods and Services Tax Act, 2017 (hereinafter referred to as the IGST Act), in respect of certain supplies of goods or services or both, provision has been made that such supplies shall be treated as supply of goods or services or both in the course of inter-State trade or […]...

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Amendments to CGST Act 2017 and IGST Act 2017

Goods and Services Tax - Article explains Amendments to CGST Act, 2017 and IGST Act, 2017 (Section 91 to 111 of Finance Bill, 2019), Customs Exemptions ( IGST) and Retrospective Exemption of Uranium Ore Concentrate. Finance Act, 2019 (GST Provisions) •Finance Act, 2019 received the assent of the President of India on 1st August, 2019. •However, sections 92 to...

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Interest on Delay Refund: 9% Payable from date of Filing of GSTR-3B

Goods and Services Tax - Recent Judgement in the case of Saraf Natural Stone Vs UOI (Gujarat High Court) on Interest on Delayed Refund from Honorable Gujrat High Court as under – Facts: M/s. Saraf Natural Stone (referred as ‘SNS’), is partnership firm engaged in exporting of marble or natural stones, has refund claim for the exports made, the department...

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CBIC issues 43 notifications on 30th September 2019

Goods and Services Tax - 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 [&...

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DGGI (HQs) arrests two in cases of fraudulent IGST refund claims

Goods and Services Tax - Two Arrests have been made by the Directorate General of GST Intelligence (HQs) in cases of fraudulent IGST refund claims here, today. As per the statement of the DGGI (HQs), the action was taken on receipt of an input from Allahabad Bank, Paschim Vihar, New Delhi that suspicious transactions were noticed in the accounts of […]...

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Genuine exporters would continue to get their IGST refunds: CBIC

Goods and Services Tax - Some newspapers have today highlighted a perceived set-back to the automated process of refunds for exporters under GST on account of the introduction of manual checks to curb large scale frauds in IGST refunds. These news items regrettably create a misleading impression that genuine exporters would suffer on account of the newly introduc...

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CBIC issues 23 New notification on 29.03.2019- GST on Real Estate

Goods and Services Tax - CBIC issues 23 notifications / Orders on 29th March 2019 which related to new rate of CGST in the real estate (residential unit). Notifications relates to Rate of Tax payable on Real Estate Sector Services and Goods, Applicability of Reverse Charge Mechanism on Real Estate Goods and Services and also  Applicability of Reverse Charge Mech...

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CBIC issues 13 GST notification on 29.01.2019 wef 01.02.2019

Goods and Services Tax - CBIC issues 13 Notifications on 29th January 2018 which includes the following- 1. notifications to specify that Reverse Charge Mechanism on Procurement from Unregistered Dealers which was deferred till 30.09.2019 to be completely withdrawn with effect from 1st February 2019 2. It further notified applicability of CGST (Amendment) Act,201...

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Address lacunas in scheme formulated for IGST Refund: HC to CBIC

Sales Tax Bar Association Vs Union of India (Delhi High Court) - The grievance of the petitioners is also that the statutory mechanism created for entertaining IGST refund claims is not being implemented, and that there are some inherent lacunas in the scheme formulated by the Respondents to process the refund claims....

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HC allows refund of IGST after adjusting higher rate of duty drawback

G NXT Power Corp Vs Union of India (Kerala High Court) - G NXT Power Corp Vs Union of India (Kerala High Court) After hearing the counsel on the adjustment, the Court has suggested refund of IGST after adjusting the higher rate of duty drawback availed by the petitioner without refunding IGST amount. The counsel have consented to disposing of the writ pet...

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Department to pay Interest on delay in Grant of IGST refund to Exporters @9% p.a

Saraf Natural Stone Vs UOI (Gujarat High Court) - Saraf Natural Stone Vs UOI (Gujarat High Court) After implementation of GST, refund on exports got substantially delayed to most of the exporters resulting into blockage of working capital and harming the business of exporter community. In a recent Judgement delivered by The Hon’ble Gujarat High C...

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Circular cannot run contrary to Statutory Provisions to deny IGST Refund

M/s. Amit Cotton Industries vs. Principal Commissioner of Customs (Gujarat High Court) - M/s. Amit Cotton Industries vs. Principal Commissioner of Customs (Gujarat High Court) Circular cannot run contrary to Statutory Provisions –Guj HC orders grant of IGST Refund Facts: Writ-applicant had exported goods in July 2017. It is the case of the writ-applicant that it is eligible to seek re...

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IGST Refund cannot be denied on account of Technical Glitches

Vsg Exports Pvt Ltd Vs. Commissioner of Customs (Madras High Court) - Vsg Exports Pvt Ltd Vs. Commissioner of Customs (Madras High Court) Facts Refund of Integrated Tax (IGST) paid on the goods exported out of India. Since the respondents did not refund the IGST amount, the Writ Petition was filed. According to the petitioner, they have claimed lower rate drawback as ...

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IGST: Grant of alcoholic liquor licence is not a supply of goods/service

Notification No. 24/2019-Integrated Tax (Rate) [G.S.R 745(E)] - (30/09/2019) - Seeks to notify the grant of alcoholic liquor licence neither a supply of goods nor a supply of service as per Section 20(i) of IGST Act read with Section 7(2) of CGST Act vide Notification No. 24/2019-Integrated Tax (Rate) dated 30th September, 2019. Government of India Ministry of Finance (Departm...

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IGST: CBIC amends entry related to GST on cement under RCM

Notification No. 23/2019- Integrated Tax (Rate) [G.S.R 742(E)] - (30/09/2019) - CBIC amends notification No. 07/2019 – Integrated Tax (Rate), dated the 29th March, 2019 by amending the entry related to cement vide Notification No. 23/2019-Integrated Tax (Rate) dated 30th September, 2019. Government of India Ministry of Finance (Department of Revenue) Notification No. 23/2...

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IGST: Explanation on applicability of provisions related to supply of development rights

Notification No. 22/2019-Integrated Tax (Rate) [G.S.R 739(E)] - (30/09/2019) - Seeks to amend notification No. 04/2018 – Integrated Tax (Rate), dated the 25th January, 2018, by adding an explanation on the applicability of provisions related to supply of development rights vide Notification No. 22/2019-Integrated Tax (Rate) dated 30th September, 2019. Government of India...

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IGST: CBIC notifies certain services under RCM wef 01.10.2019

Notification No. 21/2019- Integrated Tax (Rate) [GSR 736(E)] - (30/09/2019) - CBIC amends notification No. 10/2017- Integrated Tax (Rate) so as notify certain services under reverse charge mechanism (RCM) as recommended by GST Council in its 37th meeting held on 20.09.2019 vide Notification No. 21/2019-Integrated Tax (Rate) dated 30th September, 2019. Government of India Mini...

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CBIC exempts certain services from IGST wef 01.10.2019

Notification No. 20/2019- Integrated Tax (Rate) [G.S.R 733(E).] - (30/09/2019) - Seeks to amend notification No. 09/2017- Integrated Tax (Rate) so as exempt certain services as recommended by GST Council in its 37th meeting held on 20.09.2019 vide Notification No. 20/2019-Integrated Tax (Rate) dated 30th September, 2019. Government of India Ministry of Finance (Department of Rev...

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Recent Posts in "IGST"

IGST exemption vis-à-vis pre-import condition

Prior to introduction of the GST, the exemption was available for all types of customs duties including CVD (Additional customs duty popularly known as countervailing duty) and SAD (Special Additional duty or countervailing duty for sales tax). The notification expressly permitted the duty-free imports even after fulfillment of the export...

Read More

Levy & Apportionment of Integrated Goods and Services Tax

The Constitution of India provides that the Parliament may, by law, provide the manner in which goods and services tax, collected on following supplies of goods or services or both, shall be apportioned in between the Union and the States, namely:- (i) supply of goods or services or both in the course of inter-State trade […]...

Read More

CBIC issues 43 notifications on 30th September 2019

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 [&...

Read More

IGST: Grant of alcoholic liquor licence is not a supply of goods/service

Notification No. 24/2019-Integrated Tax (Rate) [G.S.R 745(E)] (30/09/2019)

Seeks to notify the grant of alcoholic liquor licence neither a supply of goods nor a supply of service as per Section 20(i) of IGST Act read with Section 7(2) of CGST Act vide Notification No. 24/2019-Integrated Tax (Rate) dated 30th September, 2019. Government of India Ministry of Finance (Department of Revenue) Notification No. 24/2019...

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IGST: CBIC amends entry related to GST on cement under RCM

Notification No. 23/2019- Integrated Tax (Rate) [G.S.R 742(E)] (30/09/2019)

CBIC amends notification No. 07/2019 – Integrated Tax (Rate), dated the 29th March, 2019 by amending the entry related to cement vide Notification No. 23/2019-Integrated Tax (Rate) dated 30th September, 2019. Government of India Ministry of Finance (Department of Revenue) Notification No. 23/2019- Integrated Tax (Rate) New Delhi, th...

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IGST: Explanation on applicability of provisions related to supply of development rights

Notification No. 22/2019-Integrated Tax (Rate) [G.S.R 739(E)] (30/09/2019)

Seeks to amend notification No. 04/2018 – Integrated Tax (Rate), dated the 25th January, 2018, by adding an explanation on the applicability of provisions related to supply of development rights vide Notification No. 22/2019-Integrated Tax (Rate) dated 30th September, 2019. Government of India Ministry of Finance (Department of Reve...

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IGST: CBIC notifies certain services under RCM wef 01.10.2019

Notification No. 21/2019- Integrated Tax (Rate) [GSR 736(E)] (30/09/2019)

CBIC amends notification No. 10/2017- Integrated Tax (Rate) so as notify certain services under reverse charge mechanism (RCM) as recommended by GST Council in its 37th meeting held on 20.09.2019 vide Notification No. 21/2019-Integrated Tax (Rate) dated 30th September, 2019. Government of India Ministry of Finance (Department of Revenue) ...

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CBIC exempts certain services from IGST wef 01.10.2019

Notification No. 20/2019- Integrated Tax (Rate) [G.S.R 733(E).] (30/09/2019)

Seeks to amend notification No. 09/2017- Integrated Tax (Rate) so as exempt certain services as recommended by GST Council in its 37th meeting held on 20.09.2019 vide Notification No. 20/2019-Integrated Tax (Rate) dated 30th September, 2019. Government of India Ministry of Finance (Department of Revenue) Notification No. 20/2019- Integrat...

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Changes in IGST rates of various services wef 01.10.2019

Notification No. 19/2019- Integrated Tax (Rate) [G.S.R 730(E).] (30/09/2019)

Seeks to amend notification No. 08/2017- Integrated Tax (Rate) so as to notify GST rates of various services as recommended by GST Council in its 37th meeting held on 20.09.2019 vide Notification No. 19/2019-Integrated Tax (Rate) dated 30th September, 2019. Government of India Ministry of Finance (Department of Revenue) Notification No. 1...

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IGST Exemption on supply of goods for specified projects under FAO

Notification No. 18/2019-Integrated Tax (Rate) [G.S.R. 723(E).] (30/09/2019)

CBIC exempts supply of goods for specified projects under Food and Agricultural Organisation of the United Nations (FAO) vide Notification No. 18/2019-Integrated Tax (Rate) dated 30th September, 2019. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 18/2019-Integrated Tax (Rate) New Delhi, the 30th Septemb...

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