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Place of Supply Rules under IGST Law
Key Amendments in Place of Supply Rules under IGST Law GST Council has released revised draft of Model GST law on November 26, 2016 wherein key changes has been introduced in Place of Supply Rules.The...
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GST on Insurance Premium- GST Council to Decide
GOVERNMENT OF INDIAMINISTRY OF FINANCELOK SABHAUNSTARRED QUESTION NO: 2783ANSWERED ON: 02.12.2016GST on Insurance PremiumSUKENDER REDDY GUTHAPREM SINGH CHANDUMAJRAWill the Minister FINANCE.ofbe please...
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GST Council to take Final decision on Amendment in Draft GST Law
GOVERNMENT OF INDIAMINISTRY OF FINANCELOK SABHAUNSTARRED QUESTION NO: 2810ANSWERED ON: 02.12.2016Amendment in GSTY. S. AVINASH REDDYWill the Minister FINANCEofbe pleased to state:-(a) whether the GST...
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Auto Industry Expresses concern over Lack of Clarity on GST
GOVERNMENT OF INDIAMINISTRY OF FINANCELOK SABHAUNSTARRED QUESTION NO: 2854ANSWERED ON: 02.12.2016Lack of Clarity on GSTMUTHAMSETTI SRINIVASA RAO (AVNTHI)Will the Minister FINANCEofbe pleased to state:...
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Four slab structure in GST
GOVERNMENT OF INDIAMINISTRY OF FINANCELOK SABHAUNSTARRED QUESTION NO: 2840ANSWERED ON: 02.12.2016Four slab structure in GSTCH. MALLA REDDYM. B. RAJESH PONGULETI SRINIVASA REDDY (ADV.) JOICE GEORGEWill...
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Section-wise analysis of Job Work under Revised Model GST Law
Transitional PROVISIONSSec 175: Input removed for job work and returned on or after the appointed day> If Input received in a factory & removed as such or after being partially processed to Job worker...
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Significant changes in Model GST Law along with Draft GST Compensation Bill
Taking into consideration majority of the concerns raised by the Trade and Industry, the Government has, on November 26, 2016, released theRevised version of the Model GST Law along with Draft GST Com...
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Revised Draft Model GST Law: Changes in brief
Important changes in Revised Draft Model GST Law 1. GST Council Secretariat has released Revised Draft Model GST Law, Nov 2016(hereinafter referred to as Revised Draft), in the place of earlier Model...
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First Look of Draft Integrated Goods & Services Law, 2016
On 25.11.2016, Central Board of Excise and Custom has issuedDRAFT IGST LAW. IGST Law contains Eleven Chapters and 24 Sections.1) Inter-State supply of goods and/or services.As per Section 3, Inter-Sta...
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GST FAQs in Hindi, Gujarati, Malayalam, Punjabi, Telugu, Kannada, Assamese
CBEC has already released FAQ on GST in English Language and has now released the same in Hindi and 6 Regional Languages i.e. Assamese, Gujarati, Malayalam, Punjabi Telugu and Kannada for the benefit...
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Draft of Model GST Law, IGST Law a& Compensation Law released
Press Information BureauGovernment of IndiaMinistry of Finance26-November-2016 14:33 ISTDraft Model GST Law, Draft IGST Law and Draft Compensation Law placed in the public domain for information of tr...
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Revised Model Draft GST Law Released by CBEC
Download Revised Model Draft GST Law as released by CBEC on 25.11.2016. Earlier, the Draft Model GST Law was put in public domain in the month of June, 2016 for comments.Also Read-GST (Compensation to...
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Draft Integrated Goods And Services Tax (IGST) Act, 2016
CHAPTER– IPRELIMINARY1. Short title, extent and commencement(1) This Act may be called the Integrated Goods and Services Tax Act, 2016.(2) It extends to the whole of India.(3) It shall come into force...
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GST (Compensation to States For Loss of Revenue) Bill, 2016
A Bill to provide for compensation to the States for loss of revenue arising on account ofimplementation of the goods and services tax for a period of five years as per Section 18 of TheConstitution (...
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GST Transitional Provisions
and Recommended Actions Bullet Points on Transitional Provisions and Recommended ActionsI. REGISTRATION Application for provisional registration (valid for 6 months) within the scheduled datesApplicat...
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Revised Model GST / IGST Law & Draft GST Compensation Bill
Government releases Revised Model GST Law along with Draft GST Compensation BillWith step-by-step progress towards Goods and Services Tax (“GST”), the Country is all set to witness the biggest indirec...
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Do not rely on Unofficial Draft Model GST Law – Adhia
Nowadays a copy of Model GST law having tracked changes is doing the rounds on Social Media. The Same is of November 2016. We searched for official copy of the same on various government websites but...
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Demonetisation- Criticism is for not giving time to convert Black in White: PM
Press Information BureauGovernment of IndiaPrime Minister’s Office25-November-2016 13:25 ISTText of PMs Speech at a function to commemorate Constitution Day, at Parliament House Annexe, 26 Nov 2016आदर...
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GST Council Meeting rescheduled on 2nd-3rd December, 2016
Press Information BureauGovernment of IndiaMinistry of Finance23-November-2016 17:07 ISTGST Council Meeting rescheduled on 2nd-3rd December, 2016Three draft GST related Laws – Model Goods & Service Ta...
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GST Registration procedure for State Dealers
GST Registration procedure for existing State VAT Dealers 1. GST will be applicable in India on the appointed date viz. 1st April, 2017. Before this date all the registered assesses with State/Centre...