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Govt rescinds Notification relating to Gems and Jewellery Sector [Read Notification]

Taxscan Team

Another notification will be issued separately in due course. The Government has withdrawn a Notification relating to Gems and Jewellery Sector...

Major Recommendations by GST Council in its 22nd Meeting

Govt to Implement TDS, TCS provisions under GST from April 2018

GST Council Meet Enhances Threshold limit for Composition Levy: Big Relief to Small Traders, RCM...

Gujarat to Go Investor Friendly: Offers Tax Incentives under GST

GSTN Technical Glitches will be resolved by October End: GoM

The meeting of the Group of Ministers (GoM) on Wednesday announced that the technology glitches in the new Goods and Services Tax Network (GSTN) would be fixed by the end of this month. A meeting of...

Govt to Ease Norms for Small Traders under GST, may Defer RCM

With a view to reduce compliance burden to the small traders under the Goods and Services Tax (GST) regime, the Government may liberalize some norms for composition levy and defer implementation of...

Advertisement on Common Use Items to attract Lower GST Rates

The Goods and Services Tax (GST) Council, in its Official website, stated that advertisement on common use items would attract lower GST rates under the new Goods and Services Tax regime which was...

22nd GST Council Meet Tomorrow

The 22nd Meeting of the GST Council will be held on 6 October 2017 at Hall No 2-3, Vigyan Bhavan, New Delhi. On Friday, the most powerful policy-making body under the Goods and Services Tax (GST)...

CBEC Relaxes Norms for Exports under GST: Exporters can Furnish LoU instead of Bond without Threshold Limit [Read Notification]

The Central Board of Excise and Customs (CBEC) today laid down conditions and safeguards for furnishing a Letter of Undertaking in place of a Bond by a registered person who intends to supply goods or...

Govt Notifies The Customs and Central Excise Duties Drawback Rules, 2017 [Read Notification]

The Central Government, on last week, notified The Customs and Central Excise Duties Drawback Rules, 2017 which are applicable from 1st October 2017. As an export facilitation measure post rollout of...

Retail Sale Price declared on the Footwear Package is inclusive of GST: Govt Clarifies Queries on GST Rates

In a set of Frequently Asked Questions (FAQs) released by the Central Government in its twitter handle (askGST_GoI), clarified that Retail Sale Price declared on the Foot ware Package is inclusive of...

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