ITC availability

Goods and Services Tax – Started By: – Chandni Tolani – Dated:- 20-8-2017 Last Replied Date:- 21-8-2017 – Suppose an employer of a company provides residential facility to it employees under a contractual obligation… now for this the employer takes a house property on rent from URD.Question arises whether the transaction between the company & the URD is liable to RCM…?? If yes , will the benefit of ITC be available to company…..???? – Reply By KASTURI SETHI – The Reply = Renting of re

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Non filling of GSTR 3B due to error on portal

Goods and Services Tax – Started By: – JIGAR CHOKSEY – Dated:- 20-8-2017 Last Replied Date:- 21-8-2017 – Hi, I have submitted the GSTR 3B and offseted the liability. I got message of offsetting of liability is successful. But now at the time of signing it shows message please clear liabilities. Please guide not how to file return? Offsetting liability can be done once only. So Cant set off liability further. This is an error on portal which cleared IGST liability in cash with SGST liability and now shows -ve IGST and +ve SGST liability. We have made further payment of SGST just to cleat the liability but it does not allow to clear these liabilities. This can not be resolve now as offsetting is already done and can't be done again. Does

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State-wise Registration of GST by a person for supply of labour

Goods and Services Tax – Started By: – Parvinder Singh – Dated:- 20-8-2017 Last Replied Date:- 21-8-2017 – Does a taxable need to get himself registered himself in each state for supply of labour to interstate business entities for manufacturing of some products? Can he not supply labour to other states?Does he not allow to charge IGST in his bills for supplying labour out of his state? – Reply By KASTURI SETHI – The Reply = When you supply service or goods out of State, you are not eligible for threshold exemption. You are to obtain registration under GST. – Reply By Himansu Sekhar – The Reply = If the service is supplied from state a to state b , igst will be applicable. If the said service is supplied from state b to state b, regn needs

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CORRECTION OF GSTR 3 B

Goods and Services Tax – Started By: – PRABHAKAR KATUMALA – Dated:- 20-8-2017 Last Replied Date:- 20-8-2017 – We have filed our GST 3B return. But due to oversight , SGST tax in 3.1 (a) has been mistakenly mentioned as ₹ 12,43,95,873 instead of ₹ 2,43,95,873 which excess by ₹ 10,00,00,000/-. However in CGST we have mentioned corrected as ₹ 2,43,95,873/-. Status of GST 3B is submitted. We have already made correct Tax payment of ₹ 9,86,10,403/- Now after this payment again the tax liability of ₹ 10,00,00,000/- is reflecting. Kindly resolve our problem as we cannot pay additional ₹ 10 Crores liability to file GSTR 3B. Please assist to us in this regard. prabhakar west coast paper mills ltd dandeli (k

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exepted supply

Goods and Services Tax – Started By: – pawan singhal – Dated:- 20-8-2017 Last Replied Date:- 20-8-2017 – one of my client done job work from out side his state. Job woker not charging any gst on job charging mentioning on bill that goods received before 1.07.17 . I think he should charge gst on job charge. but he is not charging gst. then how to show this job exp in 3b return of client. can we show in exempted supply inward column in 3b… – Reply By RAMESH PRAJAPATI – The Reply = In this case,

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8708 99 00

8708 99 00 – Goods and Services Tax – Hydraulic and its parts thereof for tractors ****************** Notes. 1. This entry has been inserted vide Notification no. 19/2017 Integrated Tax (rate) dated 19-8-2017 – Goods and Services Tax – Schedules

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8708 50 00

8708 50 00 – Goods and Services Tax – Transaxles and its parts thereof for tractors ****************** Notes. 1. This entry has been inserted vide Notification no. 19/2017 Integrated Tax (rate) dated 19-8-2017 – Goods and Services Tax – Schedules

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8708 40 00

8708 40 00 – Goods and Services Tax – Gear boxes and parts thereof for tractors ****************** Notes. 1. This entry has been inserted vide Notification no. 19/2017 Integrated Tax (rate) dated 19-8-2017 – Goods and Services Tax – Schedules

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8708 10 10

8708 10 10 – Goods and Services Tax – Bumpers and parts thereof for tractors ****************** Notes. 1. This entry has been inserted vide Notification no. 19/2017 Integrated Tax (rate) dated 19-8-2017 – Goods and Services Tax – Schedules

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8413 81 90

8413 81 90 – Goods and Services Tax – Hydraulic Pumps for Tractors ****************** Notes. 1. This entry has been inserted vide Notification no. 19/2017 Integrated Tax (rate) dated 19-8-2017 – Goods and Services Tax – Schedules

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4013 90 49

4013 90 49 – Goods and Services Tax – Tube for tractor tyres ****************** Notes. 1. This entry has been inserted vide Notification no. 19/2017 Integrated Tax (rate) dated 19-8-2017 – Goods and Services Tax – Schedules

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IGST Rate Schedule u/s 5(1) – notifying rates of IGST @ 5%, 12%, 18%, 28%, 3% and 0.25% – As amended by notification dated 18-8-2017

Goods and Services Tax – IGST Rate Schedule u/s 5(1) – notifying rates of IGST @ 5%, 12%, 18%, 28%, 3% and 0.25% – As amended by notification dated 18-8-2017 – TMI Updates – Highlights

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CGST Rate Schedule u/s 9(1) – notifying rates of CGST @ 2.5%, 6%, 9%, 14%, 1.5% and 0.125% – As amended by notification dated 18-8-2017

Goods and Services Tax – CGST Rate Schedule u/s 9(1) – notifying rates of CGST @ 2.5%, 6%, 9%, 14%, 1.5% and 0.125% – As amended by notification dated 18-8-2017 – TMI Updates – Highlights

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UTGST Rate Schedule u/s 7(1) notifying rates of UTGST @ 2.5%, 6%, 9%, 14%, 1.5% and 0.125% – As amended by notification dated 18-8-2017

Goods and Services Tax – UTGST Rate Schedule u/s 7(1) notifying rates of UTGST @ 2.5%, 6%, 9%, 14%, 1.5% and 0.125% – As amended by notification dated 18-8-2017 – TMI Updates – Highlights

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Last Date for Payment of Gst and Filing of Return in Form GSTR 3B For July 2017 Extended By 5 Days

Goods and Services Tax – Last Date for Payment of Gst and Filing of Return in Form GSTR 3B For July 2017 Extended By 5 Days – TMI Updates – Highlights

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LAST DATE FOR PAYMENT OF GST AND FILING OF RETURN 3B FOR JULY 2017 EXTENDED BY 5 DAYS

Goods and Services Tax – GST – Dated:- 20-8-2017 – The last date for payment of taxes and filing of GST Return in Form 3B for the month of July is 20th of August 2017. Since it is the first Return to be filed under GST, the tax payers and the tax practitioners have requested for few more days to file their Return. Also there have been requests from States which are hit with floods to extend the last date for filing of GST Returns. The State of Jammu & Kashmir has also requested for extensio

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