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Govt Notifies GST Exemption to Import of Aircraft, Aircraft Engines and its parts [Read Notification]

Taxscan Team

The Central Government has notified exemption to the import of aircraft, aircraft engines and its parts procured on lease from the Goods and Services...

GST: Govt to Implement E –Way Bill System from October

Services Consumed in June But Billed in July to Attract GST

Arun Jaitley launches Mobile App ‘GST Rates Finder’ to help users to find rates of GST for various...

GST: Govt releases FAQs on Composition Levy

GST: Registration for Tax Deductor and Tax Collector will Start from July 25

After having deferred the implementation of TDS and TCS provisions under the goods and services tax (GST), t The government has decided to open the registration window for Tax Deductors and Tax...

Govt allows change in MRP on Unsold Stock prior to implementation of GST till 30th Sep 2017

The Central Government allowed change in MRP on unsold stock prior to implementation the Goods and Services Tax (GST) till 30th September 2017. This is in the light of instances where the retail sale...

18% GST on ATM Withdrawal: Bank Transactions get Expensive under GST

India has changed to the Goods and Services Tax regime on July 1st. the newly implemented GST, though has not just impacted various business industries, but also affected the financial transactions...

Post GST: No more Check Posts across 22 States in India

The Goods and Services Tax (GST) was rolled out on 1st of July 2017 across the country except Jammu & Kashmir. With the roll-out of the GST, 22 States in India have abolished their check posts. ...

Govt Notifies GST Compensation Cess Rules, 2017 [Read Notification]

The Central Government notified the Goods and Services Tax Compensation Cess Rules, 2017. The Government, in order to compensate the loss of the manufacturing States under the new indirect tax...

Govt Notifies Customs Duty Exemption to Various Goods [Read Notification]

On the day of rollout of India’s much-awaited and ambitious indirect tax reform, GST, the Central Government has issued a number of Notifications grating customs duty exemption to various goods while...

GST on Rental Income: All You Need to Know

Finally, India has switched to the new indirect tax regime which promises “One Nation, One Tax, One Market” to the whole country. The GST Council has broadly approved the GST rates for goods at nil...

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