Goods and Services Tax

Goods and Services Tax – Started By: – RAJIV PATEL – Dated:- 20-7-2017 Last Replied Date:- 25-7-2017 – Dear Sir, May we request you to kindly advice & guide us on the applicability of GST & RCM on our case. Your comment & support will be highly appreciated. Stage 1 – We are presently buying hotel & transport from Bhutan. The Bhutan operator does not charge any GST as it does not fall in Indian tax jurisdiction. Hence let take our purchase price as INR 100 Stage 2 – Now when we sale the package to X agency in Indian then we bill the agency with GST of 5%. Here our sale become our Bhutan Purchase INR 100 + Our markup 10 (100 + markup 10 ) + GST of 5% on 110 +5% GST = INR 115.50 Comments required Are the above transaction fine

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – Started By: – Ganapati Mahabaleshwar – Dated:- 20-7-2017 Last Replied Date:- 25-7-2017 – Dear sirwe are software provider and we conduct meeting/seminar and we give T shirt and note book pen to participant.my question is does it attract GST. and can i take ITC for the same. If the company give T shirt to employee does it considered as gift or not.Regards – Reply By Rajagopalan Ranganathan – The Reply = Sir,You are supplying T-Shirts, note book and pen to those who attend the seminar. I hope it is free of cost. If you include the cost in the fee, if any, you collect, then when paying GST on the event management service you can adjust the credit of GST paid on these articles and adjust the credit against payment of G

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – Started By: – RameshBabu Kari – Dated:- 20-7-2017 Last Replied Date:- 27-2-2018 – Dear Experts,Can we avail ITC on purchase of lift for residential unit and also can we utilise this ITC against rental of immovable property services ? – Reply By Rajagopalan Ranganathan – The Reply = Sir, As per Sl. No. 12 of Notification No. 12/2017- Central Tax (Rate) dated 26.6.2017 Services by way of renting of residential dwelling for use as residence is unconditionally chargeable to

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST – Dated:- 20-7-2017 – The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its ex-post facto approval for the promulgation of the Central Goods and Services Tax (Extension to Jammu & Kashmir) Ordinance, 2017 and replacement of the Ordinance by the Central Goods and Services Tax (Amendment) Bill, 2017. The Ordinance has extended the provisions of the Central Goods and Services Tax Act, 2017 referred to as (CGST Act) to the State of Jammu &

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST – Dated:- 20-7-2017 – The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its ex-post facto approval for the promulgation of the Integrated Goods and Services Tax (Extension to Jammu & Kashmir) Ordinance, 2017 and replacement of the Ordinance by the Integrated Goods and Services Tax (Amendment) Bill, 2017. The Ordinance has extended the provisions of the Integrated Goods and Services Tax Act, 2017 referred to as (IGST Act) to the State of Ja

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – Started By: – THYAGARAJAN KALYANASUNDARAM – Dated:- 20-7-2017 Last Replied Date:- 21-7-2017 – Dear expert, I gone through the amendment in cenvat credit rules, regarding the credit transfer document. . Any one confirm, whether my understanding is correct or not. Every dealer who procured the goods before the appointed day(i.e respect to within one year immediately preceeding the appointed day) and having the closing stock and each items value exceeds rs. 25k should get credit transfer documents from the manufacturers within 30days from the appointed day and will be submitted within 60 days from the appointed day and shouldl be mentioned the CTD reference no. In all our supply invoices with respect to the particular

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

within 45 days from 01.07.2017. and copy of the corresponding invoices shall be enclosed with it. – Reply By THYAGARAJAN KALYANASUNDARAM – The Reply = Dear sir, Thanks for your valuable reply. Can you explain what kind of Goods, it is only a consumer products? Example:One of my client dealers of industrial products which will be supplied subsequently to the manufacturers, and if he procured those goods from the manufacturers prior to 01.07.2017 i. e. Between 01.07.2016 and 30.06.2017, he shall get the CTD from the manufacturers?As per sec 140 of cgst act if the dealer possess the copy of Invoice which shows Excise duty separately can claim entire excise duty and again we have to get CTD in this case.?Sir could you please elaborate on this.

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Customs – PUBLIC NOTICE No. 36/2017 – Dated:- 20-7-2017 – OFFICE OF THE COMMISSIONER OF CUSTOMS, NEW CUSTOM HOUSE, KANDLA-370 210 F. No. S/20-07/AG/GST/2017-18 Dated: 20.07.2017 PUBLIC NOTICE No. 36/2017 Sub: Operational problems being faced by DOU in GST regime consequent to amendment in Notification no. 52/2003-Customs dated 31-3-2003- reg. Attention of the Trade is invited to Board's Circular No. 29/2017- Customs dated 17th July 2017 issued vide F. No. DGEP/EOU/GST/ 16/2017. EOUs are allowed duty free import of goods under notification No.52/2003- Custom dated 31-3-2003. However, in view of GST the said notification has been consequently amended by notification No. 59/2017-Customs dated 30-6-2017. 2. Trade has brought out problems f

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

by procurement certificate (PC) in view of Circular no. 35/2016 -Custom dated 29-7-2016. d) Trade has also requested to continue the procedure of procurement certificates for transitional period for import of goods by EOUs. 3. Matter has been examined. It has been decided by Board, that – (i) The B-17 bond, being a general purpose running bond will serve the requirement of continuity bond to be submitted under Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017, and therefore EOU/STP/EHTP units are not required to submit separate continuity bond. (ii) It is to clarify that the requirements of information about estimated quantity and value of goods to be imported are to be provided under Rule 5(1)(a) of the (Import of Goods at

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

custom duty. The supplier unit will endorse on such documents the amount of custom duty, availed as exemption, if any, on the goods intended to be transferred. The recipient unit would be responsible for paying such basic customs duty, as is obligated under Notification no. 52/2003-Cus dated 31-3-2003 (as amended), when the finished goods made out of such goods or such goods are cleared in DTA. The circular no. 35/2016 -Custom dated 29-7-2016 would stand amended to the extent that no procurement certificates would be required for inter- unit transfer. 4. Difficulties faced, if any, may be brought to the notice of the undersigned. (P. V. R. Reddy), Principal Commissioner, Custom House, Kandla – Circular – Trade Notice – Public Notice – Inst

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Customs – PUBLIC NOTICE No. 35/2017 – Dated:- 20-7-2017 – OFFICE OF THE COMMISSIONER OF CUSTOMS, NEW CUSTOM HOUSE, KANDLA-370 210 F. No. S/20-07/AG/GST/2017-18 Dated: 20.07.2017 PUBLIC NOTICE No. 35/2017 Sub: GSTIN requirement for the purpose of import & export" – Reg. Attention of all the importers, Exporters, Customs Brokers, and other stake holders is invited to the Instruction No. 10/2017-Customsl dated 6th July, 2017 issued by Board. 2. Instances have been brought to the notice that there is some confusion regarding requirement of GSTIN for importers and exporters at the time of import and export of the goods. This is resulting in avoidable delay in the clearance of the goods. 3. The provisions of registration are contained i

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Customs – PUBLIC NOTICE No. 33/2017 – Dated:- 20-7-2017 – OFFICE OF THE COMMISSIONER OF CUSTOMS, NEW CUSTOM HOUSE, KANDLA-370 210 F. No. S/20-07/AG/GST/2017-18 Dated: 20.07.2017 PUBLIC NOTICE No. 33/2017 Sub: Fixation of Brand Rate of drawback under Rule 6 and Rule 7 of the Customs, Central Excise & Service Tax Drawback Rules, 1995 in GST Scenario- Reg. Attention of the Trade is invited to Board's Circular No. 23/2017- Customs issued vide F, No, 609/46/2017-DBK dated 2. As you are aware, in terms of Rule 6 and Rule 7 of the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995, the work pertaining to fixation of Brand rate of Drawback is undertaken by the Central Excise Commissionerate having jurisdiction over the factory where export goods are manufactured. In this context, Board's Circular No, 14/2003-cus dated 6.3.2003, DO letter No. 609/110/2005- DBK dated 268.2005, Instruction No. 603/01/2011-DBK dated 11.10.2013, Circular No. 29/2015-cus dated 16.11.201

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

ck for Customs, Central Excise Duties and Service Tax subject to certain additional conditions. These conditions aim to ensure that the exporter simultaneously does not avail input tax credit of Central Goods and Services Tax (CGST) or Integrated Goods and Services Tax (IGST) on the export goods or on inputs and input services used in manufacture of export goods or claim refund of IGST paid on export goods. Further, an exporter claiming drawback during transition period as per extant duty drawback provisions shall also be barred to carry forward Cenvat credit in terms of the CGST Act, 2017 on the export goods or on inputs or input services used in manufacture of export goods. The exporter also has to give the prescribed declaration and certificates (similar to declaration and certificate prescribed in Notification No. 59/2017-Cus (N.T.) dated 29.6.2017 for claiming composite AIR during transition time) at the time of application for fixation of Brand rate of drawback. At the same time,

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

l Circulars/instructions issued till date w.r.t. fixation of Brand rate shall mutatis mutandis apply for work of fixation of Brand rate to be done by Customs formations in the GST scenario. However, verification of data given in the application if so required shall be got done through the Customs formation having jurisdiction over the factory where the export goods have been manufactured. 6. From 1.7.2017, all fresh applications for Brand rate of drawback irrespective of date of export will be dealt as per these guidelines. The applications already filed with existing Central Excise formations prior to 1.7.2017 and pending shall be transferred along with all relevant documents to the Principal Commissioner/ Commissioner of Customs having jurisdiction over the place of export. In case an already filed application relates to exports from multiple places, the application should be transferred to the Principal Commissioner/ Commissioner of Customs having jurisdiction over any one of the pl

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Customs – PUBLIC NOTICE No. 14/12017 – Dated:- 20-7-2017 – OFFICE OF THE PRINCIPAL COMMISSIONER OF CUSTOMS AIRPORT AND AIR CARGO COMMISSIONERATE II Floor, AIR INDIA SATS AIR FREIGHT TERMINAL, KEMPEGOWDA INTERNATIONAL AIRPORT, BENGALURU – 560300. C No VIII/48/90/2017 Air cus Tech. Dated 20.07.2017 PUBLIC NOTICE No. 14/12017 DATED 20.07.2017 Sub: Customs GSTIN requirement for the purpose of import & export-Reg. **** Attention of the trade and industry, exporters, Importers and other stake holders is invited to Instruction No.10/2017- Customs issued vide file F. No. 450/119/2017-Cus.IV dated 06.07.2017 on the above cited subject. 2. In this regard, there is some confusion on requirement of GSTIN for importers and exporters at the time of

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – F.No.A.11015/2/2016-Ad.l – Dated:- 20-7-2017 – F.No.A.11015/2/2016-Ad.l GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE New Delhi, the 20 July, 2017 OFFICE ORDER NO. 202/2017 The President of India is pleased to appoint the following IRS (C&CE) officers as Principal Commissioner (Revision Application) and ex-officio Additional Secretary to the Government of India in the Revision Application Unit of the Department of Revenue initially for a period of tw

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – F. No. A-32012/04/2017-Ad.II – Dated:- 20-7-2017 – F. No. A-32012/04/2017-Ad.II Government of India Ministry of Finance Department of Revenue, Central Board of Excise & Customs New Delhi, the 20th July, 2017 OFFICE ORDER No.123/2017 The President of India is pleased to promote the following officers of the Indian Revenue Service (Customs and Central Excise) to the grade of Principal commissioner of customs, GST & CX in the Pay Scale of ₹ 67,000-79,000/- (pre-revised) (HAG) against the vacancies for the panel years 2015-16 and 2016-17, on regular basis with effect from the date of assumption of charge of the post and until further order:- Sl. No. Name/Date of Birth (S/Shri/Smt./Ms.) Sl. No. Name/Date of Birth (S/Shri/Smt./Ms.) Panel for the year 2015-16 1. Reena Arya 12. Anil Kumar jain 2. Om Prakash Dadhich 13. Balesh Kumar 3. Sunil Kumar Das 14. Suchintra Sharma 4. Ranjan Kumar Sahoo 15. Manoj Krishna 5. Yog Dhyan Banga 16 Ashok Kumar Mehta 6. S

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

oned against each with immediate effect and until further order :- SR. No. BATCH/EMP CODE NAME OF THE OFFICER (S/SH./SMT./MS.) (DATE OF BIRTH) PRESENT POSTING POSTED TO 1. 1986/478 REENA ARYA (17.11.1960) NACIN FARIDABAD PR. ADG, DG NACIN, FARIDABAD 2. 1986/479 OM PRAKASH DADHICH (30.08.1961) CHANDIGARH (APPEALS) GST & CX PC, DELHI CUS (PREV.) 3. 1986/481 SUNIL KUMAR DAS (25.08.1960) NAVI MUMBAI GST & CX PC, MUMBAI CUS (GEN) (MUMBAI ZONE-I CUS) 4. 1986/482 RANJAN KUMAR SAHOO (15.08.1960) RANCHI GST & CX PR. ADG, DGRI DELHI ZU 5. 1986/487 YOG DHYAN BANGA (06.08.1957) LUDHIANA (APPEAL) GST & CX PC, CC (AR)/ CESTAT, MUMBAI 6. 1987/492 BARUAH SAILAJA RAY (04.02.1963) DG NACIN DELHI ZTI PR. ADG, DG NACIN DELHI ZTI 7. 1987/493 JAYANT KUMAR JHA (05.02.1961) RANCHI (APPEALS) GST & CX PC, RANCHI GST & CX 8. 1987/494 HIMANSHU GUPTA (20.01.1962) ROHTAK GST & CX PC, DELHI NORTH GST & CX 9. 1987/495 VASA SESHA GIRI RAO (01.07.1960) DG NACIN CHENNAI ZTI PR. ADG, DG NA

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

X 20. 1987/512 VINOD KUMAR SAXENA (15.03.1961) RAIPUR GST & CX PC, RAIPUR GST & CX 21. 1987/521 VIMAL KISHORE VERMA (03.09.1959) SURAT (APPEALS) GST & CX PC, AHMEDABAD SOUTH GST & CX 22. 1987/524 CHAGAN LAL MAHAR (10.08.1958) AURANGABAD GST & CX PC, MEERUT GST & CX 23. 1986/472 KAILASH CHAND GUPTA (16.06.1959) MUMBAI CENTRAL GST & CX PC, MUMBAI EAST GST & CX 4. With the approval of the competent authority, the following transfers and postings in the grade of Commissioner of Customs, GST & CX are also hereby ordered with immediate offect and until further order: SR. No. BATCH/EMP CODE NAME OF THE OFFICER (S/SH./SMT./MS.) (DATE OF BIRTH) PRESENT POSTING POSTED TO 1. 1995/880 ANICE JOSEPH CHANDRA (11.04.1971) ON RETURN FROM DEPUTATION DGHRD (I&W), DELHI 2. 1995/883 ATAUR RAHMAN (15.02.1971) ON RETURN FROM DEPUTATION DG GSTI, KOLKATA ZU 3. 1995/879 NEERAV KUMAR MALLICK (02.03.1971) ON RETURN FROM DEPUTATION INDORE GST & CX 4. 1995/904 LALIT PRASA

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

MEDABAD (AUDIT) GST & CX 16. 1992/763 G NARAYANSWAMY (24.05.1964) BENGALURU WEST GST & CX BENGALURU SOUTH GST & CX 17. 1993/812 SATYAJIT SINGH (14.01.1967) DGHRD (I&W), DELHI SETTLEMENT COMMISIONER, DELHI 18. 1994/832 DHEERAJ RASTOGI (28.05.1969) SETTLEMENT COMMISION, DELHI (TO WORK IN GST COUNCIL SECTT.) DG NACIN, FARIDABD (TO WORK IN GST COUNCIL SECTT.) 19. 1988/555 SHRIKANT PATIL (12.07.1962) NASIK (AUDIT GST & CX NASIK GST & CX 20. 1991/696 SANJAY RATHI (04.07.1966) NAGPUR (AUDIT) GST & CX NAGPUR-I GST & CX 21. 1991/710 LALAIAH DHANDEM (11.01.1958) NAGPUR-I GST & CX NAGPUR (AUDIT) GST & CX 22. 1991 /669 S.P. SAHU (10.01.1965) ADG, DG NACIN, FARIDABAD {WORKING AS COMMISSIONER (SINGLE WINDOW)} COMMISIONER (R I & I), CBEC 23. 1996/928 GANGA SINGH KARKI (10.01.1970) DG ARM, MUMBAI DG ARM, DELHI 5. All the officers mentioned above shall be relieved immediately and must join at their new place of posting on or before 28th July, 2017, under inti

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Seeks to exempt intra-State supplies of second hand goods received by a registered person, dealing in buying and selling of second hand goods and who pays the goods and services tax compensation cess on the value of outward supply of such second hand goods, as determined under sub-rule (5) of rule 32 of the Central Goods and Services Tax Rules, 2017, from any supplier, who is not registered, from the whole of the goods and services tax compensation cess leviable thereon under section 8 of the Goods and Services Tax (Compensation to States) Act, read with sub-section (4) of Section 9 of the Central Goods and Services Tax Act – GST – 04/2017 – Dated:- 20-7-2017 – GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No.

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – Whether a Job worker is eligible to avail the benefit of Composition Scheme? What happened where the nature of activity undertaken by the job worker is amounting to Manufactur

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – Started By: – RAJAGOPAL OBBAI – Dated:- 19-7-2017 Last Replied Date:- 20-7-2017 – Supplier was issued PO on 15th June 2017 towards upward price revision for supplies effected under Pre GST regime. But supplier did not issue supplementary invoice till 30th June 2017 and filed his excise returns. Should supplier issue invoice with GST or charge old taxes? – Reply By MARIAPPAN GOVINDARAJAN – The Reply = In my view GST rate is applicable. – Reply By KASTURI SETHI – The Repl

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – Whether a Works contractor having turnover below ₹ 75 lacs is eligible to avail benefit of composition scheme? What happened in case of other service providers? Can a re

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – Whether all the manufactures are eligible to avail the benefit of Composition Scheme? If no, what are the exception? – TMI Updates – Highlights

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

GST – Whether a Job worker is eligible to avail the benefit of Composition Scheme u/s 10? What happened where the nature of activity undertaken by the job worker is amounting to Manufacture? will he be denied the benefit of composition as service provider? – Dated:- 19-7-2017 – Section – 10 – Composition levy. Schedule 2: – ACTIVITIES TO BE TREATED AS SUPPLY OF GOODS OR SUPPLY OF SERVICES THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 Rule – 5 – Conditions and restrictions for composition levy Central Goods and Services Tax Rules, 2017 As per the scheme of Composition under GST, a service provider is not eligible to avail the benefit of composition scheme (except specified restaurant / Dhaba Walas). Therefore a Job worker, who is undertaking

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

s. Contrary view Some experts feels that a Job worker, whose activity is amounting to manufacture, will be eligible for the benefit of Composition scheme. But, it should not be forgotten that Job worker is a service provider and all the service provider (except one case) are specifically excluded from the scope of composition scheme u/s 10(2)(a). – Reply By PMR Gowrissankar – The Reply = If a job worker has to add other consumables like welding rod, paint, bolt and nuts etc, will it not amount to conversion of material (manufacture) and eligible for composition scheme? Please clarify. – Reply By Surender Gupta – The Reply = Yes, his activities may be amount to manufacture, but the nature of supply will remain as Service There is no exceptio

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – Started By: – RAJAGOPAL OBBAI – Dated:- 19-7-2017 Last Replied Date:- 25-7-2017 – Manufacturer of motor car exports cars opting export on payment of IGST u/s 16(3)(b) of IGST Act. Is compensation cess payable on export of cars if exporter opted export on payment of IGST? – Reply By MARIAPPAN GOVINDARAJAN – The Reply = Export amount inter-State supply. In my view cess is applicable. – Reply By Kishan Barai – The Reply = No Cess could be charged on Exports, but it's r

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Dated:- 19-7-2017 – Section – 10 – Composition levy. Schedule 2: – ACTIVITIES TO BE TREATED AS SUPPLY OF GOODS OR SUPPLY OF SERVICES THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 Rule – 5 – Conditions and restrictions for composition levy Central Goods and Services Tax Rules, 2017 No, in General All the service provider are not eligible to avail the benefit of composition scheme. Exception: As per the provisions of Section 10(1)(b), only the specified service provider i.e. Restaurant Service pro

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – Started By: – HimansuSekhar Sha – Dated:- 19-7-2017 Last Replied Date:- 28-8-2017 – 1. As per sec. 18(1)c of cgst act, when a registered person ceases to pay tax under sec. 10, he will take credit of capital goods as per rule 40(1)(a). But if the date of invoice is more than one year, when the composition scheme is over, can he take credit? 2.Whether spare parts provided during warranty will attract gst? 3. Credit reversed when goods written off in the existing CCR rules, subsequently used post gst, can he take the credit. Kindly give reply Regards – Reply By KASTURI SETHI – The Reply = Query-wise reply:-1. No.2.Yes3. No. – Reply By MARIAPPAN GOVINDARAJAN – The Reply = I almost endorsed the views of Shri Kasthuri S

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

The defect may or may not require spares, but cost of repair is to be borne by the manufacturer as buyer has paid expected amount in advance at the time of purchase. So repair with or without spares, GST has to be borne by the manufacturer.Hence spare attracts GST.is never free of cost. The – Reply By MUKUND THAKKAR – The Reply = Thanks Sh.kasturiji Sir for explaining in details. – Reply By HimansuSekhar Sha – The Reply = will it come come the category sl.no. 1 , sch. 1: permanent disposal of assets where the credit has been taken – Reply By Himansu Sekhar – The Reply = As clarified, the gst will not be paid during supply of goods during warranty period free of cost and no credit will be reversed. I respect their view of experts. – Reply B

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Dated:- 19-7-2017 – Section – 10 – Composition levy. THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 Rule – 5 – Conditions and restrictions for composition levy Central Goods and Services Tax Rules, 2017 As per Section 10 of the CGST / SGST act of 2017, the benefit of Composition is available to all the manufacturers and trader of the goods. Except certain manufacturers as notified by the Governmeet. As per the notification No. 8/2017 – Dated: 27-6-2017 – CGST The following manufactures are not el

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Income Tax – NO TDS on GST component – wherever the component of GST on services is indicated separately in the Invoice – tax shall be deducted at source under Chapter XVII-B of the Act on the amount

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST – Dated:- 19-7-2017 – Ministry of Commerce & Industry in Government of India has set up a facilitation cell each in both Department of Commerce and Department of Industry to reply to the queries of the stakeholders on GST. In addition to this, a series of meetings and workshops have been organized to review the preparedness for implementation of GST, create awareness about it and to discuss the operational issues pertaining to GST with the stakeholders. This inter-alia includes meetings with representations of Industry Associations such as Confederation of Indian Industry (CII), the Associated Chambers of Commerce & Industry of India (ASSOCHAM), PHD Chamber of Commerce & Industry, representatives of

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – Started By: – Yatin Bhopi – Dated:- 19-7-2017 Last Replied Date:- 21-7-2017 – We are manufacturer and registered under GST. We required to give free samples of our chemicals to the customer to get order. Earlier we used to pay excise duty on the free samples clearance even though its without consideration. We are also send chemical samples to abroad customer following export procedure.Please let me know the following: Are we need to prepare invoice for suppling free samples in India. In case of abroad customer are we need to follow export procedure? – Reply By KASTURI SETHI – The Reply = Reply to both queries is as follows:-Query No.1 Yes No.2 Yes – Reply By Ganeshan Kalyani – The Reply = The input tax credit propo

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =