Goods and Services Tax

Resale of Imported goods and commodities

GST – Started By: – Nitin Ambhaikar – Dated:- 21-1-2019 Last Replied Date:- 23-1-2019 – 1. Importer is Registered in Chhattisgarh2. Goods are imported at Vizag Port, Andhra Pradesh3. Trader is in Mumbai, Maharashtra who is Buying goods from Importer who has registration in Chhattisgarh4. Importer is selling goods from Vizag port with invoice raised…

Valuation of supply – motor vehicle – inclusion of tax collected at source (TCS) u/s 206C of income tax in the value of goods and services – The authority will not act on the clarification, pending the disposal of the writ petition.

GST – Valuation of supply – motor vehicle – inclusion of tax collected at source (TCS) u/s 206C of income tax in the value of goods and services – The authority will not act on the clarification, pend = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source =…

GST Compensation Cess

GST – Started By: – Maulin Golwala – Dated:- 21-1-2019 Last Replied Date:- 23-1-2019 – Is GST Compensation cess applicable on provision of motor vehicle to local authority (under tender system)?Is Compensation cess applicable to rent-a-cab service providers like Ola & Uber?Please provide reference to relevant notification / circular. – Reply By KASTURI SETHI –…

FAQs on TDS under GST dated 28-09-2017

FAQs on TDS under GST dated 28-09-2017 – GST – General FAQ on GST – Frequently Asked Questions – 170929-01 – TDS in GST Q. 1 As a DDO I am deducting TDS from salary and also while making payment of other bills under Income Tax Act. Then why should I need to deduct TDS…

Classification of goods – rate of tax – Tile Adhesive – Tile Grout – The products in question will be classifiable under Entry 24 of Schedule IV of Notification No. 1/2017 – liable to GST @ 28%

GST – Classification of goods – rate of tax – Tile Adhesive – Tile Grout – The products in question will be classifiable under Entry 24 of Schedule IV of Notification No. 1/2017 – liable to GST @ 28% – TMI Updates – Highlights = = = = = = = = Plain text (Extract)…

PROFITEERING MAKES CHOCOLATES BITTER

Goods and Services Tax – GST – By: – Dr. Sanjiv Agarwal – Dated:- 21-1-2019 – Can chocolates always taste sweet and crunchy ! The answer may be different for consumers and manufacturer or supplier of chocolates. The National Anti-profiteering Authority (NAA) has recently pronounced an Order dated 07.12.2018 that when GST was reduced from…

Jurisdiction – service tax audit – an enquiry or an investigation or even a legal proceeding under the Act of 1994 is permissible notwithstanding the coming into effect the GST w.e.f. 1.7.2017

Service Tax – Jurisdiction – service tax audit – an enquiry or an investigation or even a legal proceeding under the Act of 1994 is permissible notwithstanding the coming into effect the GST w.e.f. 1.7.2017 – TMI Updates – Highlights = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the…

Physical filing for inverted duty structure Refund

GST – Started By: – aayushi singhal – Dated:- 19-1-2019 Last Replied Date:- 21-1-2019 – Is the option for filing refund application in RFD-01A for inverted duty structure refund still available. Or we have to go for online filing only. – Reply By SHARAD ANADA – The Reply = Till now file online and submit…

Case laws behinf Input Tax Credit

GST – Started By: – Ritesh Mehta – Dated:- 19-1-2019 Last Replied Date:- 19-1-2019 – Can anyone please share some of the landmark judgements on Input Tax Credit ?? – Reply By DR.MARIAPPAN GOVINDARAJAN – The Reply = If you want case law for any specific matter or you may refer so many case laws…

GST – RCM ITC QUERY

GST – Started By: – IRFAN MALIK – Dated:- 19-1-2019 Last Replied Date:- 23-1-2019 – Have recd transportation service from GTA in dec 2018. Now I have paid GST under RCM on 19th January 2019. Query is when can I claim ITC of GST paid under RCM, whether at the time of filing GSTR 3B…

Reverse charge on repairs carried out outside India

GST – Started By: – Kaustubh Karandikar – Dated:- 19-1-2019 Last Replied Date:- 19-1-2019 – XYZ (Manufacturer from India) received back the goods from PQR (U.K.) after repairs under the cover of a Bill of Entry for the repaired goods and XYZ had taken credit of the IGST charged in the Bill of Entry. PQR…

RECENT NOTIFICATIONS ON ‘IGST’ RATE

Goods and Services Tax – GST – By: – Mr. M. GOVINDARAJAN – Dated:- 19-1-2019 Last Replied Date:- 22-1-2019 – The Central Government issued seven notifications on IGST rate consequent the decisions taken by the GST Council. These notifications came into effect from 01.01.2019. Notification No. 25/2018-Integrated Tax (Rate) Vide Notification No.01/2017-Integrated Tax (Rate), dated 28.06.2017…

Tax Invoice for supply of goods and service

GST – Started By: – Kaustubh Karandikar – Dated:- 18-1-2019 Last Replied Date:- 19-1-2019 – XYZ (Manufacturer) is making and supplying Hanging Banner Assembly attracting 18% GST. In the same invoice he is also charging separately, installation charges, freight charges and scaffolding charges and charging same GST rate i.e. 18%. Is it the correct way…

job work pre gst period

GST – Started By: – Madhavan iyengar – Dated:- 18-1-2019 Last Replied Date:- 20-1-2019 – Where material was sent out for job work by A in pre gst period to B the job worker and scrap is generated at B job workers end in GST periodNow during Dec 18 A has raised a debit note…

Commission and Shipping charges on exempted goods

GST – Started By: – Satya Sharma – Dated:- 18-1-2019 Last Replied Date:- 19-1-2019 – I need to know if ITC can be claimed on commission and shipping charged on supply of exempted goods. To be specific, Amazon is online selling our exempted goods and charging their commission and shipping fee being delivered to all…

How to claim refund for reverse ITC in import

GST – Started By: – aayushi singhal – Dated:- 18-1-2019 Last Replied Date:- 23-1-2019 – As per the prevalent practise, customs duty along with IGST is paid by the importer himself at the time of importing the goods. The procedure for filing refund application requires the importer to enter the Purchase details in the Excel…

Tour Operators GST Rate

GST – Started By: – JIGAR SHAH – Dated:- 18-1-2019 Last Replied Date:- 18-1-2019 – Our client is into the business of tour operators. His total tour operating income is say ₹ 40 lakhs and total tour cost is say ₹ 35 lakhs. Is he allowed to charge GST @18% on the profit i.e. 18%…

Joint Development Agreement GST rate

GST – Started By: – JIGAR SHAH – Dated:- 18-1-2019 – A developer has entered into a joint development agreement with the land owner. As per the agreement the developer has the right to sell the developed land into plots to the final customer. The developer receives the total sale consideration and out of that…

Mode of Delivery of Show Cause Notice

Goods and Services Tax – GST – By: – CA Akash Phophalia – Dated:- 18-1-2019 – Introduction Concept of show-cause notice finds its roots in the birth of laws. The system of issuing show-cause notice is prevailing in all the legal frameworks throughout the world in the same manner or the other following the principle…