GST – Laws, Rules and other information published by the Government. THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 Received the assent of the President on the 12th April, 2017 Download PDF THE INTEGRATED GOODS AND SERVICES TAX ACT, 2017 Received the assent of the President on the 12th April...
If the taxable person has violated the GST Act and the rules made by it. The taxable person has wrongly obtained GST registration by wrongful intent or suppression of facts or fraud. Being a composition dealer, the taxable person failed to file three consecutive returns under GST. The taxable...
GST Notification 20/2024 dated 8-10-2024: Seeks to make amendments (Second Amendment 2024) to the CGST Rules, 2017 GST Notification 21/2024 dated 8-10-2024: Seeks to notify date under sub-section (1) of Section 128A of CGST Act GST Notification 22/2024 dated 8-10-2024: Seeks to not...
CBIC Clarifies Wavier of Interest and Penalty under CGST Act RCM Time of Supply Rule Changes Effective from November 1 Now, let us look at GST due dates for December 2024. Here is a comprehensive image of our December GST Due Dates Calendar or GST Compliance Calendar. It has all the GST ...
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 ...
Know about GST regular updates, gst rules, Taxation, TDS, Company Rules, accouting, nbfc, ibc, rbi updates and Business Laws.
GST invoice Rules Below are a few importantGST rules: Minimum Amount for Raising a GST Invoice Under the GST Act, an invoice is not mandatory for transactions less than ₹200 if the recipient is unregistered and does not request an invoice. However, businesses can issue a consolidated invoice...
作者: Rv/EPDF 摘要: "The Budget tabled by the Minister of Finance on March 22, 2016, proposed legislative amendments to section 128 of the Excise Tax Act, which provides the rules for determining whether a particular corporation and another corporation are closely related. These amendments are...
The term lease has not been defined anywhere in GST Act or Rules. To classify a lease transaction as either supply of goods or supply of service, we have to refer Schedule II of the CGST Act, 2017 where in clear guidelines for classification of a transaction as either “supply of goods”...
Utilization Rules The following rules will be applied to the accumulated balance of input tax credit in the computerized credit ledger: 1. According to the CGST Act, 2017, section 49, sub-section 5: The balance in the credit ledger may only be used to pay output tax. It falls under the...