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GST News


Clarification on tax in reverse charge on gold ornaments

   14 July 2017 at 11:21

Further clarification on tax in reverse charge on gold ornaments; Sale of oldjewellery by an individual to a jeweller will not make the jeweller liable to pay tax under reverse charge mechanism on such purchases;However, if an unregistered supplier o

Posted in GST  1 comments |   6195 Views


No GST is applicable on free food supplied at religious institutions

   12 July 2017 at 11:53

No GST is applicable on free food supplied in anna kshetras run by religious institutions; prasadam supplied by religious places like temples, mosques, churches, gurudwaras, dargahs, etc. attracts Nil CGST and SGST or IGST, as the case may be. There

Posted in GST |   5862 Views


Gifts upto Rs 50000 by employer to employee outside GST ambit

   11 July 2017 at 11:08

Gifts up to a value of Rs 50,000/- per year by an employer to his employee are outside the ambit of GST. However, gifts of value more than Rs 50,000/- made without consideration are subject to GST, when made in the course or furtherance of business.

Posted in GST  1 comments |   7623 Views


GST rate for Sanitary Napkins

   11 July 2017 at 11:08

There are some remarks made by various column writers on GST rate on sanitary napkins. It may be mentioned that the tax incidence on this item before and after GST is the same or less. Sanitary napkins are classifiable under heading 9619. In pre-GST,

Posted in GST  1 comments |   7812 Views


Prices of appliances under UJALA revised after GST comes into effect

   10 July 2017 at 10:30

9W LED bulbs to cost Rs70, 20W LED tube light to cost Rs 220 & 5-star rated fans will be available at Rs 1,200Consumers appealed not to pay any amount over and above the prices fixed by EESL for the UJALA appliancesThe prices of energy efficient

Posted in GST |   4875 Views


Clarification on Migration, New Registration, Composition Scheme and Issue of Bills of Supply

   10 July 2017 at 10:30

The Rules related to Registration and Composition Scheme have been notified on 19th June, 2017. These Rules have been brought into effect from 22nd June, 2017. The intent of notifying these rules is to start the process of issue of registration certi

Posted in GST  4 comments |   8625 Views


No officer to visit premises of traders and shopkeepers without authorization

   10 July 2017 at 10:30

Clarification by the Office of the Chief Commissioner of GST (Delhi Zone) that no officer of the Department is authorized to visit the premises of the traders and shopkeepers without authorization; In case of any difficulty, complain at Phone no. 011

Posted in GST  4 comments |   7365 Views


The state of J&K joins GST

   10 July 2017 at 10:30

The State of Jammu and Kashmir joins GST today making the GST truly a "one nation, one tax" regime. The President of India has promulgated today two ordinances, namely, the Central Goods and Services Tax (Extension to Jammu and Kashmir) Ord

Posted in GST |   3507 Views


No change in education taxability in GST era clarifies Govt

   08 July 2017 at 10:25

The Central Government: There is no change made in any subject relating to education in the GST era, except to reduce tax rate on certain items of education such as school bags etc.; Denies the reports that education will become expensive under GST;

Posted in GST  1 comments |   5196 Views


Change in MRP on unsold stock prior to implementation of GST till 30th Sep

   08 July 2017 at 10:25

Shri Ram Vilas Paswan briefs about the recent decisions taken by Ministry of Consumer Affairs, Food & Public Distribution Government decides to continue the same issue prices for food-grains under the National Food Security Act till June, 2018: S

Posted in GST  1 comments |   8562 Views