Goods and Services Tax

MAINTAINABILITY OF ADVANCE RULING APPLICATIONS

Goods and Services Tax – GST – By: – Mr. M. GOVINDARAJAN – Dated:- 16-10-2018 – An application for Advance Ruling is to be filed in Form GST ARA -1. The application shall be made on the common portal. A fee of ₹ 5000/- is to be deposited for filing Advance Ruling. The fee shall be…

Correction of errors in the TRAN-1 declarations – migration to GST Regime – transitional provisions – There is no scope for directing the respondents to allow the petitioner to correct the TRAN1 declaration already made.

Goods and Services Tax – Correction of errors in the TRAN-1 declarations – migration to GST Regime – transitional provisions – There is no scope for directing the respondents to allow the petitioner t = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = = = =…

GST Audit – Financials

Goods and Services Tax – Started By: – Ethirajan Parthasarathy – Dated:- 15-10-2018 Last Replied Date:- 16-10-2018 – For GST audit covered cases, is it necessary to prepare audited financials for the period July'17 to Mar'18, in additions to audited financials for the whole year. – Reply By DR.MARIAPPAN GOVINDARAJAN – The Reply = GST…

Classification of supply – setting up a project in the school – Recipient of the service OKCL is a body corporate which cannot be regarded as Government – The supply undertaken by the applicant is in the nature of composite supply. It includes s

Goods and Services Tax – Classification of supply – setting up a project in the school – Recipient of the service OKCL is a body corporate which cannot be regarded as Government – The supply undertake = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = =…

Levy of GST or VAT – Work Contracts executed up to 30.06.2017 – since the raising of invoices and payment for the supplies would be under the GST regime and the transaction were not accounted under the VAT – interim relief granted.

Goods and Services Tax – Levy of GST or VAT – Work Contracts executed up to 30.06.2017 – since the raising of invoices and payment for the supplies would be under the GST regime and the transaction we = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source =…

Advance Ruling

Goods and Services Tax – Started By: – Adarsh Gupta – Dated:- 14-10-2018 Last Replied Date:- 15-10-2018 – Hello,In a AAR, an applicant asks two questions. One is answered in positive and one in negative for the applicant. Applicant decides to go in for appeal for question answered in negative only asks the appellate Authority…

Deemed supply and Input credit availabilty of same

Goods and Services Tax – Started By: – Vinod Maheswari – Dated:- 14-10-2018 – Dear Sir 1) What is deemed supply. Please provided example for that. . 2) if I am providing railway wagon loading services to my customer who pay railway freight himself. I am getting consideration for Loading only. Now if loading is…

Customize Software Development Company in Delhi.-9599292010 Call For CA Software/GST Billing Software

Indian Laws – Started By: – ADS Infoworld – Dated:- 13-10-2018 Last Replied Date:- 14-10-2018 – ADS InfoWorld Pvt Ltd. provides one-stop software solution provider for all businesses for any Company. It is the Customize Software Development Company in Delhi with the dynamic team of technical and business professionals. It has offered several web-based ERP…

RECENT ADVANCE RULINGS IN GST (PART-7)

Goods and Services Tax – GST – By: – Dr. Sanjiv Agarwal – Dated:- 13-10-2018 – Advance rulings are important in any tax law as it provides a forum for clarification and possible interpretation of statutory provisions. Moreover, it conveys the legislative intention from the revenue s view point. Provisions of advance ruling are contained…

Input tax credit – Establishing, maintaining and furnishing guest houses including landscaping by way of gardening or otherwise is neither a perquisite nor a statutory obligation. It is purely for providing accommodation service to guests includ

Goods and Services Tax – Input tax credit – Establishing, maintaining and furnishing guest houses including landscaping by way of gardening or otherwise is neither a perquisite nor a statutory obligat = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = = = = = = =

Whether free tickets given as “Complimentary Tickets” falls within the definition of supply under CGST Act, 2017 and thus, whether the applicant is required to pay GST on such free tickets? – Held Yes – agreeing to the obligation to refrain from

Goods and Services Tax – Whether free tickets given as “Complimentary Tickets” falls within the definition of supply under CGST Act, 2017 and thus, whether the applicant is required to pay GST on such = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = = = =…

Classification of supply – Lab Manual comprising bulk of instructional /educational printed material – ‘Lab Manual’ is primarily a printed book in the major part with a smaller, yet not insignificant part dedicated to providing blank space to th

Goods and Services Tax – Classification of supply – Lab Manual comprising bulk of instructional /educational printed material – ‘Lab Manual’ is primarily a printed book in the major part with a smalle = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = = = = =…

One sided provisions in taxation laws

Goods and Services Tax – Started By: – Jitender Ranka – Dated:- 13-10-2018 Last Replied Date:- 14-10-2018 – By looking at interest provisions and many other provisions in GST, income tax and other provisions it seems Mr. Jately is not at all a fit person to be a Finance Minister. Many provisions in these laws…

Clarification on Sanction of GST Refunds

Goods and Services Tax – GST – Dated:- 13-10-2018 – It has been noticed that unverified reports of pending GST refunds on account of exports are published in the print media by trade bodies. These figures being put out in the public domain are exaggerated and thus inaccurate. It is a fact that a large…

E-WAY BILL

Goods and Services Tax – Started By: – S.C. WADHWA – Dated:- 13-10-2018 Last Replied Date:- 14-10-2018 – DEAR EXPERT, We have sent one consignment of food products from haryana to mumbai alongwith copy of E-way bill. In e-way bill inadvartantly K.M. 150 were mentioned instead of 1500. And on E-way bill date generated 8.10.18,Time…

Import under advance authorisation

Goods and Services Tax – Started By: – Arun Aggarwal – Dated:- 13-10-2018 Last Replied Date:- 15-10-2018 – sir Is Exporter Debarred From Exporting Goods With Payment Of IGST if taken on Advance authorisationArun – Reply By Kishan Barai – The Reply = It is the choice of the domestic supplier to use either of…

Wrong Eway Bill

Goods and Services Tax – Started By: – Pankaj P – Dated:- 12-10-2018 – Dear Experts,Request your advice…We raised an e way bill on 3rd Oct for a shipment of material from Delhi to Maharashtra. We made part A and transporter entered vehicle details and made part B.Material reached Maharashtra on 9th Oct. But, today…

Classification of Services – Rate of GST – contract for supply of water after removal of excess iron and to supply all goods and services for achieving the objective of supplying water after removing excess iron – Rate of GST is 12%

Goods and Services Tax – Classification of Services – Rate of GST – contract for supply of water after removal of excess iron and to supply all goods and services for achieving the objective of supply = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = =…

Classification of supply – composite supply of goods and services – services provided by the Applicant under the ICT @ School Project – Benefit of exemption not available to the appellant.

Goods and Services Tax – Classification of supply – composite supply of goods and services – services provided by the Applicant under the ICT @ School Project – Benefit of exemption not available to the appellant. – TMI Updates – Highlights = = = = = = = = Plain text (Extract) onlyFor full text:-Visit…

Classification of goods – rate of GST – The Reactor is neither an Ion exchanger plant or apparatus, Household type filter and therefore would fall under the others category i.e. 8421 21 90, thus attracting 9% CGST and SGST each.

Goods and Services Tax – Classification of goods – rate of GST – The Reactor is neither an Ion exchanger plant or apparatus, Household type filter and therefore would fall under the others category i. = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = = =…

Classification of education services rendered by appellant – The Educational courses for which qualification standards / framework i.e. QP/ NOS has not been defined by NSDC will not be treated as in relation to National Skill Development Program

Goods and Services Tax – Classification of education services rendered by appellant – The Educational courses for which qualification standards / framework i.e. QP/ NOS has not been defined by NSDC wi = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = = = = = =…