GST News

GST applicability in CS Exams

22 July 2017 at 12:19

Applicability of GST in December 2017 Examination- Executive Programme Dear StudentsWe are pleased to inform you about the introduction of Goods & Services Tax (GST) in the Taxation Curriculum of CS Executive Programme under Tax Law and Practice

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Cabinet approved IGST and CGST Amendment Bill 2017

20 July 2017 at 10:55

Cabinet approves Central Goods and Services Tax (Amendment) Bill, 2017 The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its ex-post facto approval for the promulgation of the Central Goods and Services Tax (Extension to Jammu

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Star rating of hotels irrelevant for GST

19 July 2017 at 10:46

Government clarifies that accommodation in any hotel, including 5-star hotels, having a declared tariff of a unit of accommodation of less than INR 7500 per unit per day, will attract GST @ 18% ; Star rating of hotels is, therefore, irrelevant for de

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Organized traders and unorganized sellers in Textile Sector not effected by GST says FM

19 July 2017 at 10:46

FM: Organized traders and unorganized sellers in Textile Sector have not been affected by the Goods and Services Tax (GST). In reply to a Starred Question in Rajya Sabha today, the Union Minister for Finance, Defence and Corporate Affairs, Shri Arun

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Position regarding applicability of GST on Legal Services

17 July 2017 at 10:52

Position regarding applicability of GST on Legal Services provided by individual Advocates including Senior Advocates and a Firm of Advocates. There are points being raised about the applicability of GST on legal services provided by advocates &ndash

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Margin Scheme under GST for dealers in second hand goods in general

17 July 2017 at 10:52

Position regarding applicability of the Margin Scheme under GST for dealers in second hand goods in general and for dealers in old and used empty bottles in particular. Doubts have been raised regarding the applicability of the Margin Scheme under GS

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Traders requested to register under GST now

17 July 2017 at 10:52

Provisions related to registration under GST regime; Traders are requested to register now without waiting for the last date i.e. 30th July, 2017. As per the GST laws, one is required to take registration on or before 30thJuly, 2017. All traders are

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Services provided by the Housing Society RWA not to become expensive under GST

14 July 2017 at 11:21

Services provided by the Housing Society Resident Welfare Association (RWA) not to become expensive under GST; There is no change made to services provided by the Housing Society (RWA) to its members in the GST regime. There are some press reports th

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No GST on Annual subscription charged as lodging charges by educational institutions

14 July 2017 at 11:21

No GST on Annual subscription/fees charged as lodging/boarding charges by educational institutions from its students for hostel accommodation; Services provided by an educational institution to students, faculty and staff are fully exempt from GST. T

Posted in GST | 1 comments | 4047 Views

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 | 6213 Views