CA, CS, CMA : Comprehensive summary of income tax, GST, customs, SEBI, DGFT, EPF, and SC rulings from notifications and circulars issued between...
Goods and Services Tax : Learn what e-Invoice is and what advantages in GST it offers businesses. Get detailed info on the process to generate an e-Invoice...
Goods and Services Tax : The implementation of the Goods and Services Tax (GST) on July 1, 2017, marked a significant turning point in India's taxation lan...
Goods and Services Tax : Stay informed with an analysis of the latest GST rate notifications dated 28th February 2023. Understand the changes and their imp...
Goods and Services Tax : GST has been a landmark reform of Independent India showcasing the spirit of Cooperative Federalism. While aspirations were high, ...
Goods and Services Tax : In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances under Goods & Services Tax (GST) ...
Goods and Services Tax : CBIC has issued one GST Instruction, Two IGST Notifications, 6 CGST Notifications and one UTGST Notification on 24th June 2020. No...
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. Mos...
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). ...
Goods and Services Tax : CBIC issues 9 notification/ Circulars on 07th March 2019 to give effect to Latest GST Council meeting decisions with effect from 0...
Goods and Services Tax : A tax like Goods and Services Tax was highly publicised and termed as popular. We had yet not seen a celebration of New Tax regime...
Goods and Services Tax : In this case Delhi High Court held that as of date there is no clarity on whether all legal services (not restricted to representa...
Goods and Services Tax : The Central Government amended Notification No. 14/2018-UT Tax by replacing officials listed against Serial No. 2. The notificatio...
Goods and Services Tax : The Ministry of Finance amended Notification No. 14/2018 under the Union Territory GST framework to substitute the designated auth...
Goods and Services Tax : Biris are expressly listed under the 9% schedule, distinct from other tobacco items. This creates product-specific clarity for UTG...
Goods and Services Tax : Ministry of Finance amends UTGST (Rate) notification, aligning definition of 'Nominated Agency' with Lists 13, 14, and 15 of new C...
Goods and Services Tax : Effective September 22, 2025, the Ministry of Finance amends the UTGST Act, 2017, to apply tax to local delivery services via e-co...
CBIC inserts following explanation in notification No. 11/2017 – Union Territory Tax (Rate) in Table, against serial number 3 (Related to Composite supply of works contract to Government), in column (3), in item (vi)
CBIC notifies with effect from 27th of July, 2018 vide Notification No. 16/2018-Union Territory Tax (Rate), Dated: 26th July, 2018 that services by way of any activity in relation to a function entrusted to a municipality under Article 243W shall be treated neither as a supply of good nor a service
CBIC amends Notification No. 13/2017- Union Territory Tax (Rate) so as to specify services supplied by individual Direct Selling Agents (DSAs) to banks/ non-banking financial company (NBFCs) to be taxed under Reverse Charge Mechanism (RCM) vide Notification No. 15/2018-Union Territory Tax (Rate) Dated: 26th July, 2018.
CBIC notifies UTGST exemption on certain services from 27th July, 2018 vide Notification No. 14/2018-Union Territory Tax (Rate) Dated: 26th July, 2018 to give effect to recommendation of 28th GST Council meeting held on 21.07.2018.
CBIC notifies UTGST rates of various services vide Notification No. 13/2018-Union Territory Tax (Rate) Dated: 26th July, 2018 with effect from 27th of July, 2018 as recommended by Goods and Services Tax Council in its 28th meeting held on 21.07.2018.
The concept of TDS has been incorporated under GST with the intent to bring high value transactions under control. Although, GST has no effect on tax revenue of Government,the underlying aim is to enhance the control and prevent tax evasion.The provisions regarding TDS are goverened by section 51 of the CGST Act,2017.
The major recommendations are as detailed below:- 1. Composition dealers:- Upper limit of turnover for opting for GST composition scheme to be raised from Rs. 1 crore to Rs. 1.5 crore. Present limit of turnover can now be raised on the recommendations of the Council. > Composition dealers to be allowed to supply services (other than […]
The GST Council in its 28th meeting held on 21st July has recommended certain amendments in the CGST Act, 2017, IGST Act, 2017, UTGST Act 2017, and GST (Compensation to States) Act, 2017. A quick glance of certain important recommendations and its impact to most of the common stakeholders. Recommendation Upper limit of turnover for […]
The awaited applicability of section 9(4) of CGST Act, section 5(4) of IGST Act & Section 7(4) of UTGST Act which was exempted earlier till 30.06.2018 has been now further extended again via notification given below till 30.09.2018. The exemption contained in this notification shall apply to all registered persons till the 30th day of […]
Seeks to exempt payment of tax under section 7(4) of the UTGST Act, 2017 till 30.09.2018 vide Notification No.12/2018 –Union Territory Tax (Rate) dated 29th June, 2018
