GST Council relaxes Compliance requirements for ITC-04: Entities having same PAN can Transfer Unutilized balance in CGST and IGST Cash Ledger
The Goods and Services Tax (GST Council), in its 45th meeting has decided to relax the compliance requirements for the filing of ITC-04. As per the...
![IGST, Cess, Customs leviable on Goods Exported for Repairs abroad and Cut, polished precious and semi-precious Stones Exported for Treatment abroad: CBIC [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/07/IGST-CESS-CBIC-Precious-Stones-Semi-Precious-Stones-Taxscan.jpeg "IGST, Cess, Customs leviable on Goods Exported for Repairs abroad and Cut, polished precious and semi-precious Stones Exported for Treatment abroad: CBIC [Read Notification]")
12% GST on Laterals / parts to be used with Sprinklers or Drip Irrigation System: CBIC [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC) has clarified that laterals/parts to be used solely or principally with sprinklers or drip irrigation system would attract GST at a rate of 12%....
No GST on Entrance Exam Fee and Related Services by National Board of Examinations: CBIC [Read Circular]
A circular issued by the Central Board of Indirect Taxes and Customs (CBIC) today clarifiedtaxability of various services supplied by Centre and State Boards such as National Board of Examination...
Govt rescinds Customs Notification imposing 12% IGST on Oxygen Concentrator, Imported for personal use [Read Notification]
The Government rescinded the Custom Notification imposing 12% IGST on Oxygen concentrators, imported for personal use. This notification is a result of the 44th GST Council met under the...
No Tax Exemption for COVID Vaccines: Govt notifies revised GST Rates for COVID-19 Items [Read Notification]
The Government notified the GST rates on every Covid essential from Medicines to its key Equipments as a result of the key proposals made in the 44th GST Council met under the Chairmanship of Union...
