Goods and Services Tax

Renting of Commercial Properties

GST – Started By: – Kaustubh Karandikar – Dated:- 14-3-2019 Last Replied Date:- 14-3-2019 – XYZ (Maharashtra) is the owner of commercial properties situated within as well as outside Maharashtra. These properties are given on rent for commercial use. XYZ is having his office in Mumbai which is registered with GST for issuing Tax Invoice…

Revenue neutral transaction for the state.

GST – Started By: – DKRajarshi&Co CharteredAccountants – Dated:- 14-3-2019 Last Replied Date:- 14-3-2019 – The company has charge IGST on customer in Gujrat state from invoice raised from Maharashtra state. The company is having registration in Gujrat state but not raising any invoices from Gujrat state for internal controls. As the customer is in…

E-WAY BILLS SIGNED BY CONSIGNEE

GST – Started By: – SAFETAB LIFESCIENCE – Dated:- 14-3-2019 – Dear Experts, One of our suppliers is asking to send all their e-way bills (hard copies) duly signed and sealed by us (consinee). They ha = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = =…

Classification of goods – Rate of GST – Since, “tips and balls of pens” are definitively not considered as part of “Pen holders, pencil holders and similar holders” they are to be classified under 9608 99 90: Others, under HSN 9608 and are to be

GST – Classification of goods – Rate of GST – Since, “tips and balls of pens” are definitively not considered as part of “Pen holders, pencil holders and similar holders” they are to be classified und = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = =…

Levy of IGST – process of appointing CDI Virtual Films Inc.(CDIVF) as a Line Producer in Brazil – Reverse charge mechanism – The transaction between CDIVF and the Applicant is, therefore, import of service and constitutes an inter-State supply w

GST – Levy of IGST – process of appointing CDI Virtual Films Inc.(CDIVF) as a Line Producer in Brazil – Reverse charge mechanism – The transaction between CDIVF and the Applicant is, therefore, import = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = = = =…

GST ON MAINTENANCE CHARGES FOR ROAD

Goods and Services Tax – GST – By: – Dr. Sanjiv Agarwal – Dated:- 14-3-2019 – In certain cases, authorities charges fees or charge or surcharge, called by different names, from vehicles for maintenance of road and ancillary facilities. At times, it is in the nature of toll charges. The question of taxability of such…

Cabinet approves proposal for accession of India to (a) The Nice Agreement on the International classification of goods and services for the purposes of registration of marks

Cabinet approves proposal for accession of India to (a) The Nice Agreement on the International classification of goods and services for the purposes of registration of marks – News and Press Release – Dated:- 13-3-2019 – Cabinet approves proposal for accession of India to (a) The Nice Agreement on the International classification of goods and…

Transitional Credit

Transitional Credit – GST – Started By: – Krishna Murthy – Dated:- 13-3-2019 Last Replied Date:- 13-3-2019 – Whether Surcharge paid as Additional Duty of Excise levied on tobacco be taken as Transitio = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = = = = =…

RCM applicability on Cotton Freight

GST – Started By: – Balakrishnan Ramalingam – Dated:- 13-3-2019 Last Replied Date:- 13-3-2019 – My clients Spinning Mills are paying Lorry Freight payment for purchase of Cotton – Inter State. Please clarify whether RCM is applicable under GTA for the above Lorry Freight Payment? – Reply By Rajagopalan Ranganathan – The Reply = Sir,…

Liability of GST – maintenance contracts – the supply of services/goods in the present case is naturally bundled, with the supply of goods being incidental to the supply of services and therefore such contract are to be considered as a composite

GST – Liability of GST – maintenance contracts – the supply of services/goods in the present case is naturally bundled, with the supply of goods being incidental to the supply of services and therefor = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = = = =…

Grant of regular bail – issue bogus Bills under GST – setting up of firms in the name of economically backward persons – role of the employees of the co-accused – conditional bail granted.

GST – Grant of regular bail – issue bogus Bills under GST – setting up of firms in the name of economically backward persons – role of the employees of the co-accused – conditional bail granted. – TMI Updates – Highlights = = = = = = = = Plain text (Extract) onlyFor full text:-Visit…

TOP FAQS ABOUT THE PROPOSED GST RETURN SYSTEM

Goods and Services Tax – GST – By: – Ramandeep Bhatia – Dated:- 13-3-2019 Last Replied Date:- 13-3-2019 – 1. What is the turnover limit for Quarterly filing of GST return? Answer: Quarterly filing of GST return is available only if aggregate turnover during the preceding financial year up to ₹ 5.00 Cr. For newly…

GST – e-Cash Ledger Vs GST Returns… Is Interest Payable due to non-filing of the GST Returns though the amount lying with e-Cash ledger?

Goods and Services Tax – GST – By: – CA.Narendra.Kumar Thotamsetty – Dated:- 13-3-2019 Last Replied Date:- 14-3-2019 – If the GST Returns are due in Form GSTR-3B; Whether in such case the amount lying with Electronic Cash Ledger (e-Cash Ledger) is sufficient for the compliances of the payment of taxes under the GST Act…

Central Government notifies the creation of the National Bench of the Goods and Services Tax Appellate Tribunal (GSTAT) at New Delhi

GST – 01/2019 – S.O. 1359(E) – Dated:- 13-3-2019 – MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION NO. 1/2019 New Delhi, the 13th March , 2019 S.O. 1359(E).-In exercise of the powers conferred by the section 109 of the Central Goods and Services Tax Act, 2017, the Central Government, on the recommendation of the Council,…

Mentioning details of inter-State supplies made to unregistered person in Table 3.2 of FORM GSTR-B and Table 7B of FORM GSTR-1

GST – States – 04/2019 – Dated:- 13-3-2019 – GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE A ND TAXES POLICY (GST) Branch VYAPAR BHAVAN: I.P. ESTATE: NEW DELHI-02 F.No. 3(250)/Policy GST/2019/1182-88 Dated: 13/03/2019 Circular No. 04/2019-GST (Ref: Central Circular No. 89/08/2019-GST) Subject: Mentioning details of inter-State supplies made to unregistered person in…

Compliance of rule 46(n) of the DGST Rules, 2017 while issuing invoices in case of inter-State supply

GST – States – 05/2019 – Dated:- 13-3-2019 – GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES POLICY (GST) Branch VYAPAR BHAVAN: I.P. ESTATE: NEW DELHI-02 F.No. 3(250)/Policy-GST/2019/1189-95 Dated: 13/3/2019 Circular No. 05/2019-GST (Ref: Central Circular No. 90/9/2019-GST) Subject: Compliance of rule 46(n) of the DGST Rules, 2017 while issuing invoices…

In Re : Shiva Writing Company Pvt. Ltd.

2019 (3) TMI 705 – AUTHORITY FOR ADVANCE RULING – WEST BENGAL – TMI – Classification of goods – ascertaining applicability of the Rate Notification – Parts of ink / ball point pen – Whether tips and ball, both being pen parts under HSN Chapter Head 9608, used in manufacturing process of ball point pens,…

Cancellation of GST Registration

Goods and Services Tax – GST – By: – Sanjeev Singhal – Dated:- 12-3-2019 – Cancellation of Registration is more important than registration of GST. Reason is simple that all are doing registrations of GST and process is simple but on the other way Cancellation is more complicated because only few have come across this…