Summary of GST Circular 161: Summary of GST Circular 160: Clarification relating to the export of services-condition (v) of section 2(6) of the IGST Act 2017 Summary of GST Circular 164: GST Rates and Classification of Goods/Services October marked the completion of a year of e-invoicing....
The GSTN (Goods and Services Tax Network) will soon allow metal scrap dealers to register for TDS (Tax Deducted at Source) under section 51 of the GST Act. View more 11th October 2024 GSTN has been enabled in four new states Odisha, Kerala, Nagaland, and Telangana, for the verification...
service supplied by proprietor to its grocery shop called as a business section 2 17 g of CGST Act 2017 - GST CGST
In accordance with section 122 of the CGST Act, the penalty for not obtaining GST registration in India within time is INR 10,000/- or 10% of tax due from the supply made, whichever is higher. In addition to the penalty, businesses shall be required to pay GST on the supply made alon...
The construction of the primary judge was incorrect because, in applying the GST Act, it is first necessary to identify the “supply” before ascertaining how to calculate the GST payable on that supply. Section 75-10 is concerned with calculating the margin for “the supply”. The term “...
Advisory on the sequential filing of GSTR-1: The Central Government has amended Section 37 & Section 39 of Central Goods & Service Tax Act (CGST), 2017 vide Notification No. 18/2022–Central Tax dated 28th September, 2022 with effect from 01 October, 2022. According to section 37(4) of...
The CG has exempted the following goods from the whole of the Union territory tax as leviable thereon under section 7 of the UTGST Act, 2017 by exercising the powers conferred by section 8(1) of the UTGST Act 2017 vide Notification No. 2/2017-Union Territory Tax (Rate), G.S.R. 711...
section. After referring to section 125 of the Customs Act, 1962 (for short ‘the Customs Act’), it was argued by Dr.Thushara James that, the wordings in the said provision were in pari materia to that of section 130 of the Act, and notwithstanding section 125 of the Customs Act, a...
Growth:12.3% Breakdown of Revenue: Also Read:Section 102 of GST Act: Rectification of advance ruling Domestic Revenue: Central GST (CGST): January 2024: ₹32,685 crore January 2025: ₹36,077 crore Growth: 10.4% State GST (SGST): ...
According to section 2(6) of CGST Act-2017, any supply of services shall be conside Read More 01 Jan 1970Posted By: E-StartupIndia No due date extension to file GST returns for input credit? One of the most irking issues since the onset of the GST regime in India is availing the...