Composition scheme not updated yet on the portal
Query (Issue) Started By: – L D Raj & Co Dated:- 29-12-2018 Last Reply Date:- 7-1-2019 Goods and Services Tax – GST
Got 6 Replies
GST
I'm wondering why Notification No. 1\/2018- Central Tax not considered in the law yet on your portal…sec 10 for manufacturers still shows 1% whearas its changed to 0.5% back in Jan 18
\nReply By KASTURI SETHI:
\nThe Reply:
\n It is 0.5 % per cent. of the turnover in State in case of a manufacturer and it is 0.5 % in Central GST in case of a manufacturer. It is 1 % in total (CGST : 0.5 % + SGST 0.5%).
\nReply By L D Raj & Co:
\nThe Reply:
\ncurrently it shows as 1% under CGST Act alone for Manufacturers.
\nReply By Surender Gupta:
\nThe Reply:
\nSection 10<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n shortcomings, we are always ready to learn and improve. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Composition scheme not updated yet on the portal Query (Issue) Started By: – L D Raj & Co Dated:- 29-12-2018 Last Reply Date:- 7-1-2019 Goods and Services Tax – GSTGot 6 RepliesGSTI'm wondering why Notification No. 1\/2018- Central Tax not considered in the law yet on your portal…sec 10 for manufacturers still shows 1% whearas … Continue reading “Composition scheme not updated yet on the portal”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-15768","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/15768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15768"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/15768\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
For full text:-Visit the Source <\/a><\/p>\n
\nFurther, it is common understanding that in the Indirect Tax laws, statutory provisions must be read with related notifications and circulars. Without reading the two together, our interpretation of provisions my be wrong as happened in this case.
\nNotification No. 1\/2018- Central Tax nowhere states that provisions of section 10 shall be amended since the provision of an act can be amended by the parliament only and not by the government through the notifications.
\nReply By KASTURI SETHI:
\nThe Reply:
\nSh.Surender Gupta Ji,. Yes, Sir. It is true and factual position.
\nReply By KASTURI SETHI:
\nThe Reply:
\nTMI posts each and every notification, case larw, circular immediately. This site is<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n