CBIC vide Notification No. 37/2020 – Central Tax Dated 28th April, 2020 has notified that Rule 87(13) of The CGST Rules, 2017 shall be applicable from 21st April 2020 Know every thing about functionality and FAQ Full text of the Notification: "In exercise of the…
Case Study: Procedure to be followed for Activity of sending / taking the goods out of India for exhibition or on consignment basis (hereinafter referred to as said activity) for export promotion. Such goods sent / taken out of India crystallise into exports, wholly…
CBIC wide Circular No. 113/32/2019-GST Dated,11th October, 2019 has Clarified various Representations in respect of Classification and applicable GST rates on the following items: (i) Classification of leguminous vegetables such as grams when subjected to mild heat treatment Thus, it is clarified that such leguminous…
Taxability in GST and Service Tax Services proved by the Government to business entities including by way of grant of privileges, licences, mining rights, natural resources such as spectrum etc. against payment of consideration in the form of fee, royalty etc. are taxable under…
Much awaited FORM GST PMT -09 has been enabled on GST portal, Now Taxpayer can transfer balance available in one head of cash ledger to another Taxpayers deposit money using challan and the paid amount gets credited in the particular head in the Electronic Cash…
CBIC has uploaded Rules Part-B (Forms) amended upto 3rd April, 2020 Click here to download Forms Note: This updated version of the Rules as amended upto 3rd April, 2020 has been prepared for convenience and easy reference of the trade and industry and has…
CBIC has uploaded latest rules amended upto 3rd April, 2020 Click here to download Rules Note: This updated version of the Rules as amended upto 3rd April, 2020 has been prepared for convenience and easy reference of the trade and industry and has no legal…
Clarification in respect of certain challenges faced by the registered persons in implementation of provisions of GST Laws- Vide Circular Number 137/07/2020-GST Dated 13th April, 2020 Issue Clarification An advance is received by a supplier for a Service contract which subsequently got cancelled. The supplier…