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Goods and Services Tax

Govt Exempts Skimmed Milk Powder or Concentrated Milk from GST [Read Notification]

The Central Government, on Friday, exempted skimmed milk powder, or concentrated milk from the ambit of the newly implemented Goods and Services Tax...

No Refund of Unutilised Input Tax Credit on Corduroy Fabrics Supply: Govt [Read Notification]

Govt ensures Timely Refund of Taxes

Finance Ministry issues Clarification on Transition Credit under GST

GST: CBEC issues Concept Note on Advance Rule

GST: CBEC Issues Guidelines for division of Tax Payer base between the Centre & State [Read Circular]

Based on the recommendations of the Goods and Services Tax (GST) Council, the Central Government on Wednesday issued guidelines on for the division of tax payer base between the Centre & State. ...

5% GST for Branded Pulses, Flour and Cereals, recommends GST Council

The GST Council, in its 21st meeting held on 9th September, 2017 at Hyderabad has, interalia, recommended that for 5% GST rate on cereals, pulses and flours etc. put up in unit container and bearing a...

GSTN Technical Glitches: Rajasthan Tax Payers Get Relief from HC [Read Order]

A division bench of the Rajasthan High Court, today granted interim relief to the Rajasthan Tax payers in a writ petition filed by the Rajasthan Tax Consultants Association due to the problems faced...

GST Transitional Credit Claims: Govt may proceed against 162 Companies, Ask for VAT Returns

The Central Government, being puzzled by the number of transitional credit claims after the rollout of Goods and Services Tax regime, may now issue notice against 162 Companies and may also ask them...

Deemed Deduction applicable to Joint Venture Agreements: CBEC Asst Commissioner Clarifies Issues on Construction Services under GST

The Assistant Commissioner, Central Board of Excise and Customs (CBEC), on Tuesday clarified that one third deemed deduction on account of transfer of land also covers transfers as per the Joint...

CBEC releases Concept Note on ‘Pure Agent’

The Central Board of Excise and Customs (CBEC) recently released a concept note on the topic ‘Pure Agent’ under the Goods and Services Tax (GST) regime. In broad sense, a pure agent is one who while...

CBEC to Move Supreme Court against the Orders of High Courts staying of Tax Collection under GST

The Central Board of Excise and Customs (CBEC) has instructed its officials to file Special Leave Petitions (SLPs) against the orders of the various High Courts staying of tax collection under the...

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