Author: CA Ritul Patwa
LONG TERM CAPITAL GAIN (LTCG) TAX ON EQUITIES (SHARES) @ 10% : BUDGET 2018 ANALYSIS
As per the announcement by the FM, a Tax on Long Term Capital Gain on sale of Listed Equities Shares or Equity Oriented M. F. or a unit of Business...
Big Relief Rajasthan GST : No E-Way Bill required for Intra State (within State) Supply of Goods
Relief has been given to the Taxpayers under GST in the State of Rajasthan, who are engaged in buying and selling of goods within the State of Rajasthan (Intra...
Reduced Rate of GST on Diamonds & Precious Stones – 0.25%
The GST Council in its 25th Meeting today (i.e. 18-01-2018) has decided ti reduce the Rate of GST as below:- Commodity – DIAMONDS & COLORED STONES Chapter Heading –...
HOW TO FILE MANUAL REFUND APPLICATION UNDER GST
The government has stipulated certain conditions and procedures for Manual Filling and processing of Refund of GST in respect of Zero Rated Supplies (i.e. Export of Goods or Services or...
100% FDI IN SINGLE BRAND RETAIL TRADE IN INDIA UNDER AUTOMATIC ROUTE
The Union Cabinet chaired by H’ble Prime Minister Sh. Narendra Modi Ji has approved 100% FDI for Single Brand Retail Trading (SBRT) in India in its meeting on 10th...
LAST DATE FOR FILLING GST RETURNS & FORMS : UPDATE TILL DEC, 2017
With an objective to provide relief and sufficient time to the Registered Taxpayers under GST, the Government has extended the due dates for submission/ filling of various forms under...
GST : CONDITIONS FOR REDUCED RATE OF 0.10% ON GOODS SOLD TO EXPORTERS
Following Conditions have been prescribed by the Government for charging reduced Rate of GST @ 0.10% (IGST @ 0.10% or CGST & SGST @ 0.05% each) on Supply of...
RATE OF GST ON RESTAURANTS – AMENDED W.E.F. 15-11-2017
The Central Government has revised the Rate of GST on Restaurants w.e.f. 15-11-2017 vide Notification No. 46/2017-Central Tax (Rate) with summary as below:- i. All stand-alone restaurants irrespective of...
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...