Author: CA Ritul Patwa

EXEMPTION FROM GST REGISTRATION TO SMALL INTER-STATE SERVICE PROVIDERS

The Central Government has in line with the Decision of the GT Council in its Meeting on 06-10-2017, has granted Exemption to Small Service Providers making INTER STATE supply...

REVERSE CHARGE u/s 9 (4) SUSPENDED UNDER GST w.e.f. 13-10-2017

The GST Council in its 22nd Meeting decided to suspend the Reverse Charge Mechanism (RCM) in case of purchases by a Registered Dealer from an Unregistered Dealer u/s 9 (4)...

Refund of IGST paid on export of goods under Rule 96 of CGST Rules 2017

As you are aware, Rule 96 of the CGST Rules 2017 deals with refund of Integrated Tax paid on goods exported out of India. It provides that the shipping bill filed by an...

ANALYSIS OF CHANGES UNDER GST LAWS – GST COUNCIL MEETING 06th OCT, 2017

The GST Council, in its 22nd Meeting which was held on 06-10-2017 in the national capital under Chairmanship of the Union Minister of Finance and Corporate Affairs, Shri Arun...

PACKAGE OF RELIEF & INCENTIVES FOR EXPORTERS UNDER GST

The GST Council, in its 22nd Meeting which was held on 06-10-2017 in the national capital under Chairmanship of the Union Minister of Finance and Corporate Affairs, Shri Arun...

REVISED REQUIREMENTS FOR LETTER OF UNDERTAKING (LUT) UNDER GST FOR EXPORTERS

In line with its objective to make GST Exporter’s (specially small exporters) friendly, the Central Government has taken pro-active measure to help all the Exporters to obtain Letter of Undertaking (LUT)...

GST ON HOTEL ACCOMMODATION – RATE OF TAX ON DECLARED ROOM TARIFF

A clarification has been sought from the GST Council with regard to the Rate of GST on Hotel Accommodation. In this matter the government has changed the Terminology used...

GST – REVERSAL OF INPUT TAX CREDIT (ITC) RELATED TO EXEMPTED or NIL RATED OUTWARD SUPPLIES

This article covers relevant abstract provisions of GST Laws related to reversal of Input Tax Credit (ITC) used in relation to Exempted or NIL Rated output Supplies:-   As...

REDUCED RATE OF GST FOR JOB WORK ON READYMADE GARMENTS : GST COUNCIL DECISION 5TH AUG, 2017

In a major relief to the Ready Made Garment sector, the GST Council has reduced the Rate of GST on Job Work of Readymade Garments and made-ups from 18%...

LAST DATE FOR FILLING INCOME TAX RETURN (NON AUDIT) EXTENDED TO 5TH AUG, 2017

In view of the problems being faced by the assessees in filling there Income Tax Return on 29th and 31st of July, 2017 – the government has extended the...

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The Views expressed on this blog are strictly personal and for knowledge of our clients only. The contents of this blog are solely for informational purpose and it does not constitute any professional advice or recommendation. The laws related to GST and other taxes are under evolution and subject to constant changes and amendments over time. It is suggested to take specific legal advice and necessary due diligence before relying on the contents and information of this Blog. The authors of this blog, does not accept any liabilities for any loss or damage of any kind arising out of information on this blog and for any actions taken in reliance thereon.