- All goods and services imported by SEZ unit or developer for authorized operations exempted from the whole of the integrated tax
-
Dept. of Consumer Affairs allows change in MRP on unsold stock manufactured / packed / imported prior to implementation of GST, till September 30th
Dept. of Consumer Affairs allows change in MRP on pre-GST unsold stock till September 30
-
Price hike on account of GST to be advertised in 2 newspapers before affixing new retail price sticker on goods
Govt. mandates 'price hike' advertising in advance; Toll, vehicle entry fee to continueToll, mandi charges, fee on vehicle entry into States shall continue but there will be no entry tax on such movem...
-
Taxable supply of goods / services for a consideration in the course or furtherance of business by a taxable person shall attract GST
CBEC explains scope of 'supply'; Import of services taxable even without consideration
- New Concessional Duty Rules for imports w.e.f. July 1
-
GST to boost MSMEs’ competitiveness, says study
The Goods and Services Tax (GST) would boost the competitiveness of micro, small and medium enterprises (MSMEs), noted a recent joint study by ASSOCHAM- Ashvin Parekh Advisory Services (APAS).“From an...
-
J & K joins GST making GST truly a “one nation, one tax” regime
Press Information BureauGovernment of IndiaMinistry of Finance08-July-2017 20:23 ISTThe State of Jammu and Kashmir joins GST today making the GST truly a “ one nation, one tax” regime.The President of...
-
Increase MRP after considering extra availability of input tax credit
Joint Clarification from the Department of Revenue and the Department of Consumer Affairs, Government of India regarding the circular WM-10(31)/2017 Dated 04.07.2017“It is clarified to all concerned t...
-
Prices of appliances under UJALA revised after GST comes into effect
♠ 9W LED bulbs to cost Rs70, 20W LED tube light to cost Rs 220 & 5-star rated fans will be available at Rs 1,200♠ Consumers appealed not to pay any amount over and above the prices fixed by EESL for t...
-
FM launches Mobile App “GST Rates Finder”
The Central Board of Excise and Customs (CBEC) takes certain initiatives for Ease of Doing Business under the GST regime; Finance Minister Shri Arun Jaitley launches a Mobile App “GST Rates Finder” to...
-
GST: Officers cannot visit premises of taxpayers without authorization
Clarification by the Office of the Chief Commissioner of GST (Delhi Zone) that no officer of the Department is authorized to visit the premises of the traders and shopkeepers without authorization; In...
-
No increase in Tax on education in GST
The Central Government: There is no change made in any subject relating to education in the GST era, except to reduce tax rate on certain items of education such as school bags etc.; Denies the report...
-
Ministry of Food Processing Industry establishes GST facilitation cell
Press Information Bureau Government of IndiaMinistry of Food Processing Industries06-July-2017 12:00 ISTMinistry of Food Processing Industry establishes GST facilitation cell to guide industry about G...
-
CBEC to Implement Bio-Metric Attendance of Employees from 15th July
No A-30013/54/2016-Ad.IVGovernment of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Excise and Customs)5th HUDCO Vishala Building, Bhikaji Cama Place,New Delhi, dated the 4th July, 20...
-
GST to bring cheer for domestic electronic components’ manufacturers: Study
Implementation of goods and services tax (GST) will bring innumerable benefits for domestic manufacturers of electronic components as cost of manufacturing will be significantly brought down, noted a...
-
Industry alone to add USD 280 billion to GDP from GST in 8-9 years
ASSOCHAMIndustry alone is expected to contribute USD 280 billion to India’s Gross Domestic Product (GDP) in the next 8-9 years, as a positive fall out of the Goods and Services Tax as structural chang...
-
Standardized PPT on CGST, IGST & Compensation to States Act, 2017
Goods & Services Tax (GST) has been implemented w.e.f 1st July 2017. In order to keep the members and other stakeholders abreast Indirect Taxes Committee of ICAI has already released publications name...
-
Govt allows change in MRP on unsold stock prior to implementation of GST
Press Information BureauGovernment of IndiaMinistry of Consumer Affairs, Food & Public Distribution04-July-2017 18:20 ISTDepartment of Consumer Affairs allows change in MRP on unsold stock prior to im...
-
GST- KI- Master Class
PRESS RELEASE GST-KI-Master Class to be held on six days covering issues relating to Registration & Migration Transition & Invoice Making, Composition and Record Keeping; To be telecast Live on DD Nat...
-
Meaning of registered brand name in context of GST rates
Meaning of registered brand name in the context of GST rates; CGST rate of 5% will not be applicable on the supply of goods unless the brand name or trade name is actually on the Register of Trade Mar...