GST: CBIC directs to Ignore prompt on Liability for Inward Supplies attracting Reverse Charge in Table-3.1 (d)
The Goods and Services Tax Network ( GSTN ) has directed to ignore prompt on Liability for Inward Supplies attracting Reverse Charge in Table-3.1 (d). In a Statement issued by GSTN said that, the system
Service Tax can’t be levied under Reverse Charge Mechanism prior to April 18, 2006: CESTAT directs Refund of Service Tax to Raymond [Read Order]
In a major relief to Raymond, the Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) while directing the refund of Service Tax to Raymond ruled that the Service tax cannot be levied
Reverse Charge Mechanism under GST
Faculty - CA Arun Chhajer Date - 18 Dec 2022 Time - 11 AM to 1 PM Key Features🔽 ✅English Medium✅Duration 2 Hours✅E Notes Available✅The Recorded Session Will be Provided Course Fees199/-( Including GST) Click
Demand to Cut Scrap GST to 5% before 49th GST Council Ignores: Furnace Industry Enrages against Punjab Minister
49th Goods and Service Tax (GST) council meeting presided by Union Finance Minister Nirmala Sitharaman held on February 17th 2023. The furnace industry of Punjab demanded to reduce the GST rate on the scrap from
GST on Supply of Raw Cotton by Agriculturist will be paid by Recipient under Reverse Charge: CBEC issues Notification
The Central board of Excise and Customs (CBEC) has notified that, Goods and Services Tax (GST) on supply of Raw Cotton by agriculturist will be liable to be paid by the recipient of such supply
Reverse Charge Mechanism under GST
Faculty - CA Arun Chhajer 📆 17 & 18 Dec 2022 ⏰07.00 PM to 10.00 PM Saturday & Sunday Key Features✅English Medium✅Duration 5 Hours✅E Notes Available✅The Recorded Session Will be Provided Course Fees -1199+GST Offer
GST Checklist for Financial Year End FY 2023-2024
As we approach the end of the financial year FY 2023-2024 and prepare for a new one, businesses and professionals must undertake various Goods and Services Tax compliance related tasks to ensure regulatory and tax
GST: Reverse Charge Mechanism postponed till 30th September [Read Notification]
The Central Government has postponed the application of reverse charge mechanism under the Goods and Services Tax (GST) regime till 30th September 2018. Notification in this regard has been issued for exempting payment under reverse charge
AAR & AAAR Weekly Round-Up
(DEC. 11 - 24, 2022) This weekly round-up analytically summarizes the key stories related to the Goods and Service Tax Authority for Advance Ruling (AAR) and Appellate Authority for Advance Ruling (AAAR), reported at Taxscan.in
GST: Thirteen Important Changes applicable from Today
The Goods and Services Tax ( GST ) has undergone major changes and the same is to be implemented from today, i.e, 1st February 2019. Some of the important changes which are going to be
18% GST payable on Royalty paid under RCM for Mining: AAR [Read Order]
The Authority of Advance Ruling (AAR) has ruled that, GST at the applicable rate is payable by the applicant on the royalty amount under Reverse charge mechanism. The personal hearing was conducted through virtual mode
Hostel & PG Accommodation Services Attract 12% GST: AAR [Read Order]
The Karnataka Authority for Advance Ruling (AAR), Bengaluru has held that hostel and paying guest (PG) accommodation services are subject to Goods and Services Tax (GST) at the rate of 12%. The ruling was issued
No GST on Payment to Overseas Commission Agent under RCM: AAR [Read Order]
The Authority for Advance Rulings (AAR), Uttarakhand has held that GST cannot be levied on the payments to overseas commission agent under reverse charge mechanism. The applicant is a manufacturer and carries on the business
GST Exemption available to Services by NHPC to MEA: AAR [Read Order]
The Authority for Advance Rulings (AAR), Uttarakhand has held that the services by NHPC to Ministry of External Affairs (MEA) is eligible for GST Exemption. The Applicant, NHPC Ltd. has been entrusted with the work
RCM applicable on Supply of Mentha Oil by Unregistered person to Registered person: CBIC [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) notified that the Reverse Charge Mechanism is applicable on supply of mentha oil by unregistered person to registered person. The Board empowered under sub-section (3) of