Daily Archives: June 5, 2017

Mandatory to charge IGST on supplies to SEZ

Q: Is it mandatory to charge IGST tax for an invoice which has PoS (Place of Supply)  in SEZ (Special Economic Zone) ? What are implications if CGST & SGST are charged for SEZ PoS? On all inter-state supplies, IGST is to be charged. If wrongfully paid CGST/SGST instead of IGST, he would have to… Read More »

How to Sign Invoices under GST

Q: Is it mandatory GST Invoice rule to have digital signature, if the invoice is not signed manually by the authorized signatory? Under Rule 1(p) of Invoice rules, tax invoice requires signature or digital signature of the supplier or his authorized representative. [ Reply as per Twitter Account of Govt of India for GST queries of… Read More »

IGST on Inter state Service Bills

Sir, can IGST be charged on the Inter State Service Bill where service was rendered in that particular State. If based on Location of supplier and Place of Supply of that particular service, it is an interstate supply, IGST will have to be charged. [ Reply as per Twitter Account of Govt of India for GST… Read More »

Handbook on Valuation by CA Kamal Garg 2017 Edition

Handbook on Valuation  – 2017 by Kamal Garg (CA) (Author) This book contains topic like: * Fundamentals of valuation * Regulatory Framework and Value Drivers * Forecasting and Valuation * Approaches to Valuation * Financial Instruments * Share Based Payments (ESOPs) * Valuation of Goodwill Brand, Shares and Business * Mergers and Acquisitions * Project Planning… Read More »

No area based exemption in GST

Q : Is there any concept of area based exemption in GST No, not under GST. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST Questions / Queries replied 

Prevention of Money-laundering Rules Amendment – Notification – PAN / Aadhaar Mandatory

Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017 : Govt mandates reporting of Aadhaar and PAN to authorities MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 1st June, 2017 G.S.R. 538(E).—In exercise of the powers conferred by sub-section (1) read with clause (h), clause (i), clause (j) and clause (k) of… Read More »

Corporation Bank Empanelment for Concurrent Auditors for F.Y. 2017 – 18

Request for Applications for Empanelment for Selection of Concurrent Auditors for the F.Y. 2017 – 18 Last Date for submission of ROE :15.06.2017. CLICK ON THE BELOW LINK FOR ONLINE APPLICATION & FOR TERMS & CONDITIONS. Empanelment Document.pdf Conditions.pdf Annexure I.pdf Corrigendum.pdf  

ITC of Cess paid under GST Allowed

Q Whether ITC in respect of cess payment under GST regime allowed ? Yes. ITC of input tax (as defined u/s 2(g) of GST (Compensation to States) Act, 2017) will be available for payment of cess Provisions relating to ITC in CGST Act are extended to cesses vide section 11(1) of GST (Compensation to States) Act.… Read More »

GST – e sign status not exist – What to Do ?

Q e sign process with aadhar not run properly at this time{msg show-e sign status not exist} how can I sign pls advice Queries pertaining to IT and GSTN related matters, may be tweeted to @askGSTech please [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST… Read More »

Can we do export without payment of GST ?

Q: Can we do export without payment of IGST or we need to charge tax and then claim refund? Answer : 2 routes available for zero rating of exports – 1. Pay IGST & take refund of IGST paid of exported goods or 2 . Export under bond/LUT without paying IGST and avail refund of… Read More »

Gujarat GST Bill 2017 in English – Download or Print

Gujarat GST Bill 2017 Download Gujarat GST Bill 2017 Related Post Gujarat GST Bill 2017 in Gujarati – Download or Print Other States GST Bills Punjab GST Bill 2017 – Download – Print GOA GST Bill 2017 – Download – Print Rajasthan GST Bill 2017 – Download – Print Odisha GST Bill 2017 – Download – Print… Read More »

No Refund of GST if debt is not recoverable

Q  In case of Supply of Goods and Services, if the goods have been sold and service has been provided and the Tax invoice has been raised by supplier, but the payment is delayed for a long period of time by the Customer, will the supplier be obligated to pay GST even though the payment… Read More »

Last Chance to enroll on GST Portal 01.06.2017 to 15.06.2017

 Enroll on GST All the Tax payers who have not migrated and enrolled on GST portal are given a last chance. please enroll in GST immediately. www.gst.gov.in As the window to migrate on GST portal will again open on  1st June 2017 to 15th June 2017. Input Tax Credit (ITC) under existing laws cannot be carried… Read More »

Category: GST

GST in Hindi Book GST Kanoon 2017 Latest Books

GST in Hindi Book Here we have compiled GST in Hindi Book by  Taxmann and Commercial Publications April 2017 Edition GST Kanoon(Law) -Vivaran avam Visheshataen Sahit (Hindi) Paperback – 2017 by Taxmann (Author) Price Rs 325 Click to buy online Paperback: 272 pages Publisher: Taxmann Publications Pvt. Ltd.; April 2017 Edition edition (2017) Language: Hindi Commercial’s GST… Read More »

Category: GST

GST HSN CODE Book India – March 2017 Edition

Goods & Service Tax (GST) HSN CODE – March 2017 Edition Paperback – 2017 by CA P.H.Motlani  Advocate Jatin Sehgal  Goods & Service Tax (GST) HSN CODE – March 2017 Edition HSN Code Under Goods & Service Tax with Judicial Pronouncements – Alphabetical Entries of HSN Code – Judicial Pronouncements in respect to Determination of Code… Read More »