GST Amendments – 23rd GST Council Meeting
By: – CSSANJAY MALHOTRA
Goods and Services Tax – GST
Dated:- 13-11-2017<\/p>\n
Mentioned below are the recent amendments in GST in view of recommendations made at 23rd GST Council meeting. Notifications will be issued on Nov 14 and same shall be effective from Nov 15.
\nMajor Gist of Changes
\n * GSTR-3B will continue to be filed on Monthly basis alongwith Tax Payment by 20th of following Month till March 2018
\n * GSTR-2 & 3 from July'17 – Mar'18 is on hold for time being and modalities on its implementation shall be worked out by Committee.
\n * Late fees has been waived for period from July'17-Sep'17 for delay in submission of GSTR-3B and any amount paid shall be credited to E-Cash Ledger to be utilised in future.
\n * GSTR-1 shall be matched with GSTR-3B till Mar'18 till GSTR-2 & GSTR-3 is put in place.
\n * Late Fees of ₹ 20\/- per day shall be applicable for delay in submission of GSTR-3B returns for period Oc<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n TC and same rate on Food Parcels \/ Takeaways. [Restaurant in Hotel and if Declared Tariff in Hotel > ₹ 7500\/- per day, then GST is 18% with ITC on Restaurant Services] = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n gate with 90% or more fly ash content = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n s and articles thereof such as mirror, safety glass, sheets, glassware = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" GST Amendments – 23rd GST Council MeetingBy: – CSSANJAY MALHOTRAGoods and Services Tax – GSTDated:- 13-11-2017 Mentioned below are the recent amendments in GST in view of recommendations made at 23rd GST Council meeting. Notifications will be issued on Nov 14 and same shall be effective from Nov 15. Major Gist of Changes * GSTR-3B … Continue reading “GST Amendments – 23rd GST Council Meeting”<\/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-8769","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/8769","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=8769"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/8769\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
For full text:-Visit the Source <\/a><\/p>\n
\n * Important Industrial Items on which Tax rates are reduced are as follows: [Effective from Nov 15, 2017 subject to Notification to be issued]
\n [From 28% to 18%]
\n [From 28% to 12%]
\n [From 18% to 12%]
\n\t[From 18% to 5%]
\n [From 5% to 0%]
\n [From 12% to 5%]
\n\tWire, cables, insulated conductors, electrical insulators, electrical plugs, switches, sockets, fuses, relays,
\n\telectrical connectors
\n\tWet grinders consisting of stone as grinder
\n\tCondensed milk
\n\tPuffed rice chikki, peanut chikki, sesame chikki, revdi, tilrevdi, khaza, kazuali, groundnut sweets gatta,
\n\tkuliya
\n\tGuar meal
\n\tDesiccated coconut
\n\tElectrical boards, panels, consoles, cabinets etc for electric control or distribution
\n\tTanks and other armoured fighting vehicles
\n\tRefined sugar and sugar cubes
\n\tFlour of potatoes put up in unit container bea<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n\tKhandsari sugar
\n\tFishing net and fishing hooks
\n\tDetergents, washing and cleaning preparations
\n\tPrinting ink
\n\tWorn clothing
\n\tLiquid or cream for washing the skin
\n\tHand bags and shopping bags of jute and cotton
\n\tFly ash brick
\n\tShampoos; Hair cream, Hair dyes (natural, herbal or synthetic) and similar other goods; henna powder or
\n\tpaste, not mixed with any other ingredient;
\n\tHats (knitted or crocheted)
\n\tPre-shave, shaving or after-shave preparations, personal deodorants, bath preparations, perfumery,
\n\tcosmetic or toilet preparations, room deodorisers
\n\tParts of specified agricultural, horticultural, forestry, harvesting or threshing machinery
\n\tPerfumes and toilet waters
\n\tSpecified parts of sewing machine
\n\tBeauty or make-up preparations
\n\tSpectacles frames
\n\tFans, pumps, compressors
\n\tFurniture wholly made of bamboo or cane
\n\tRubber tubes and miscellaneous articles of rubber
\n\tLamp and light fitting
\n\tPrimary cell and primary batteries<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n\tElectrical, electronic weighing machinery
\n\tFire extinguishers and fire extinguishing charge
\n\tFork lifts, lifting and handling equipment,
\n\tBull dozers, excavators, loaders, road rollers,
\n\tEarth moving and levelling machinery,
\n\tEscalators,
\n\tCooling towers, pressure vessels, reactors
\n\tCrankshaft for sewing machine, tailor's dummies, bearing housings, gears and gearing; ball or roller
\n\tscrews; gaskets
\n\tElectrical apparatus for radio and television broadcasting
\n\tSound recording or reproducing apparatus
\n\tSignalling, safety or traffic control equipment for transports
\n\tPhysical exercise equipment, festival and carnival equipment, swings, shooting galleries, roundabouts,
\n\tgymnastic and athletic equipment
\n\tAll musical instruments and their parts
\n\tArtificial flowers, foliage and artificial fruits
\n\tExplosive, anti-knocking preparation, fireworks
\n\tCocoa butter, fat, oil powder,
\n\tExtract, essence ad concentrat<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n