GST is managed by the Goods and Services Tax Council and is governed by the Goods and Services Tax Act, of 2017. GST is levied on all types of goods and services except petroleum products, and electricity, on which the taxes are levied by the state governments. It is divided into two ...
GST Circular 238/32/2024-GST dated 15-10-2024: Clarification of various doubts related to Section 128A of the CGST Act, 2017 GST Circular 237/31/2024-GST dated 15-10-2024: Clarifying the issues regarding implementation of provisions of sub-section (5) and sub-section (6) in section 16...
July 1, 2021, is a very special day as the Goods and Service Tax Act was passed in the Parliament on 29th March 2017 and it came into effect on 1st July 2017. Thus, this day is not just celebrated as GST Day but also CA Day for honouring our hardworking tax professionals who have...
(Last Updated On: July 3, 2017) THE GOODS AND SERVICES TAX (COMPENSATION TO STATES) ACT, 2017 [NO. 15 OF 2017] [ Assented by the President of India on 12-4-2017. ] An Act to provide for compensation to the States for the loss of revenue arising on account of implementation of the...
(Last Updated On: June 28, 2017) UTGST ACT 2017 UTGST ACT 2017 also known as THE UNION TERRITORY GOODS AND SERVICES TAX ACT 2017 received the assent of the President of India on the 12th April, 2017 .Chapter wise sections Notified under UTGST Act 2017 are furnished below. ...
service supplied by proprietor to its grocery shop called as a business section 2 17 g of CGST Act 2017 - GST CGST
Though the rules laid down under the CGST Act 2017 are undoubtedly user-friendly and seek to rule out the ambiguities and snags that impeded the steadiness of trade & commerce in the erstwhile tax regime. Albeit with GST registration, an average taxpayer can alleviate much of the complexities ...
Section 79(1)(c) of the CGST Act 2017 pertains to the issuance of GST demand notices by officers for recovering outstanding amounts from debtors. Know more
First return, CGST Act, 2017 Definitions under IGST Act 2017 Interest on delayed refunds, CGST Act, 2017 Refund of integrated tax paid on supply of goods to tourist leaving India, IGST Act Pooled GST account under GST tax payment Validity of CPIN in GST Tax payments ...
Section 129 of the CGST Act, 2017 says that things that are transported against the law can be held or taken away. The owner of the goods can pay the fine and tax, which is the full amount of tax that should be paid on those 100% goods, to get them back. The owner of the goods...