Posts Tagged: CA IN INDIA

LAST DATE FOR OPTING FOR COMPOSITION SCHEME UNDER GST : 21st JULY, 2017

The Government has issued clarification on Migration, New Registration, Opting for Composition Scheme and Issue of Bills of Supply vide its circular dated 08th July, 2017 (Copy Enclosed) as below:-...

GST LIABILITY ON ADVOCATES

We are discussing below various provision under the GST Laws relating to Exemption, Reverse Charge and requirement for Registration of Advocate’s under GST. For the purpose of GST, Advocates...

GST – EXPORT PROCEDURE UNDER BOND OR LETTER OF UNDERTAKING

Rule 96 A of the CGST Rules provides for Refund of Integrated Tax paid on export of goods or services under bond or Letter of Undertaking as below:- (1)...

PLACE OF SUPPLY OF SERVICE FOR HOTELS & RESTAURANTS

In case of Hotels and Restaurants, the government has prescribed special provisions under the IGST Act, 2017 for identification of the Place of Supply of Service. The bare law...

BIG RELIEF TO E-COMMERCE COMPANIES – POSTPONEMENT OF TCS (Sec 52) UNDER GST

With the objective of ensuring smooth rollout of GST and taking into account the feedback received from the trade and industry regarding the provisions of deduction of tax at...

RATE OF GST ON READYMADE GARMENTS

GST Council at it’s 15th Meeting held on 03rd June, 2017 has announced the Rate of GST on Apparels, Readymade Garments & Textiles. The information is being uploaded immediately after...

Rate of GST on Gems & Jewellery Industry

GST Council at it’s 15th Meeting held on 03rd June, 2017 has announced the Rate of GST on Gold, Gemstones & Jewellery. The information is being uploaded immediately after the...

CLARIFICATION ON TAX ON ALCOHOLIC BEVERAGES UNDER GST

A query has been raised by our clients from the Hotel Industry regarding the Tax Liability on Alcoholic Liquor (Beverages) after the appointed date (expected to be 01st July,...

RATE OF GST ON WORKS CONTRACT

The GST Council has announced following fitment rate on Works Contract Service under Goods & Services Tax (GST). The information is being uploaded immediately after the GST Council’s decision...

RATE OF GST ON HOTELS & RESTAURANTS

The GST Council has announced following fitment rate on Hotels and Restaurants under Goods and Services Tax (GST). The information is being uploaded immediately after the GST Council’s decision...

DISCLAIMER

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.