Govt clarifies Applicability of GST on Selling of Space for Advertisement in Print Media
The Finance Ministry today clarified applicability of Goods and Services Tax (GST) on selling of space for Advertisement in Print Media. Query has...
RCM applicable to all Legal Services including Representational Services by Senior Advocates under GST, says Govt
Following the Delhi High Courts observation in J.K Mittal v. UOI, the government Today clarified that reverse charge mechanism is applicable to all legal services including representational services...
Any Registered Person Dealing with Second hand Goods can avail the Benefit of Margin Scheme under GST: Govt
In a recent statement, the Central Government clarified that any registered person dealing in buying and selling of second hand goods can avail the benefit of Margin scheme subject to the conditions...
Sale of Old Jewellery by an individual to a Jeweller will not make jeweller liable to pay Tax under RCM, says Finance Ministry
However, if an unregistered supplier of gold ornaments sells it to registered supplier, the tax under RCM will apply. In the GST Ki Master Class held yesterday, in one of the replies given to an...
Services provided by Housing Society Resident Welfare Association not to become expensive under GST, says Finance Ministry
There is no change made to services provided by the Housing Society (RWA) to its members in the GST regime. While denying the wrong press reports, the Ministry of Finance today clarified that,...
Finance Ministry issues Clarification on Migration, New Registration, Opting for Composition Scheme and Issue of Bills of Supply
Any person who has been granted PID and who opts for composition scheme, should submit an intimation of option in a prescribed form on GSTN on or before 21st July, 2017, says Finance Ministry. ...
