Goods and Services Tax – GST – By: – Bimal jain – Dated:- 25-2-2017 Last Replied Date:- 28-2-2017 – Dear Professional Colleague, CBEC launches GST mobile app & invites suggestions on AIR Duty Drawback rates under GST Striving towards implementation of Goods and Services Tax ( GST ) from July 1, 2017, the Central Board of Excise and Customs ( CBEC or the Board ) has launched a mobile application for GST, in step with the government s Digital India initiative. Taxpayers can readily access a host of GST information such as: Migration to GST-Approach and guidelines for migration Draft Law-Model GST Law, IGST Law and GST Compensation Law Draft Rules – Rules related to Registration, Returns, Payment, Refund and Invoice Frequently Asked Quest
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =
rk. Suggestions in this regard can be submitted by March 15, 2017 via email sent to the mentioned id therein. Further, the list of Export Promotion Councils/ Commodity Boards/ Trade and Industry Associations/ Chambers of Commerce, have been specifically provided, who can submit the suggestions. It is worthwhile to note that under GST, imports and exports of goods and services would be treated as Inter-State supply of goods or services and thereby, Integrated GST ( IGST ) would be payable along with Basis Customs Duty ( BCD ) on import of goods and IGST on import of services. It is likely that under GST, rate of Duty Drawback could be limited to the amount of BCD paid on imported inputs used for exported goods/services. To access the letter,
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =