Daily Archives: July 26, 2017

How to take GST ITC on Bank Charges

By | July 26, 2017

How can we take ITC on bank charges as we won’t have invoices but only account statement Account statement is treated as invoice but it must contain your GSTIN.   Related Topic on GST Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST… Read More »

GST National Anti-Profiteering Authority to be constituted

By | July 26, 2017

National Anti-Profiteering Authority to be constituted to give effect to the anti-profiteering measures under GST laws. Details attached   Related Topic on GST Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST… Read More »

Benami Transactions Across India 

By | July 26, 2017

Benami Transactions Across the Country The Government of India has taken several steps to address the problem of benami transactions across the country. (i) The Benami Transactions (Prohibition) Act, 1988 (the Act) was comprehensively amended through the Benami Transactions (Prohibition) Amended Act, 2016 to provide for an effective regime for prohibition of benami transactions. The… Read More »

Re organization of CBEC Field Formations in GST

By | July 26, 2017

CGST – RE-ORGANIZATION OF CBEC FIELD FORMATIONS IN GST REGIME – MERGER/CREATION OF DDO FOR MAKING EXPENDITURE OFFICE MEMORANDUM [COORD/2(1)/DDO CODES/2017-18/VOL.XI39], DATED 26-7-2017 Consequent upon the declaration of Heads of Departments in the field formations of CBEC in GST regime videsanction letter No. A-11013/24/2017-Ad.lV, dated 12-6-2017, issued by Deptt. of Revenue (C.B.E.C), changes have happened in the… Read More »

What is the HSN code and rates for Sausages?

By | July 26, 2017

What is the HSN code and rates for Sausages? Sausages and similar products, of meat, meat offal or blood; food ; preparations based on these products fall under heading 1601 and attract 12% GST. GST Rates FAQs on queries of Various Sectors Clarified by Govt Related Topic on GST Topic Click Link GST Acts  Central… Read More »

Category: GST

What is the HSN code and rates for Coffee?

By | July 26, 2017

What is the HSN code and rates for Coffee? Instant Coffee falls under heading 2101 and attracts 28% GST. GST Rates FAQs on queries of Various Sectors Clarified by Govt Related Topic on GST Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST… Read More »

Category: GST

What is the HSN code and rates for Mutton leg?

By | July 26, 2017

What is the HSN code and rates for Mutton leg? Meat of sheep or goats (including mutton leg), fresh, chilled or frozen [other than frozen and put up in unit container] falling under heading 0204 is exempt from GST However, meat of sheep or goats (including mutton leg), frozen and put up in unit container,… Read More »

Category: GST

What is GST rate for bangles?

By | July 26, 2017

What is GST rate for bangles? Plastic bangles falling under heading 3926 are exempt from GST. Glass bangles (except those made from precious metals) falling under heading 7018 are exempt from GST Bangles of base metal, whether or not plated with precious metals, falls under tariff item 71171910 and attract 3% GST. GST Rates FAQs… Read More »

Category: GST

What is HSN code and GST rate for Chilli soaked in butter milk with salt (mor milagai in Tamil)?

By | July 26, 2017

What is the HSN code and GST rate for Chilli soaked in butter milk with salt (mor milagai in Tamil)? Vegetables provisionally preserved (for example, by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions), but unsuitable in that state for immediate consumption are classifiable under heading 0711 and attract 5%… Read More »

Category: GST

What is the GST rate on ‘Khakhara’ (traditional food)?

By | July 26, 2017

What is the GST rate on ‘Khakhara’ (traditional food)? Khakhra falls under “Namkeens, bhujia, mixture, chabena and similar edible preparations in ready for consumption form” which is classifiable under heading 2106 90 and attracts 12% GST. GST Rates FAQs on queries of Various Sectors Clarified by Govt Related Topic on GST Topic Click Link GST… Read More »

Category: GST

What is the GST rate on used Rail Wagons?

By | July 26, 2017

What is the GST rate on used Rail Wagons? Railway wagons are classifiable under heading 8606 and attract 5% GST, with no refund of unutilised ITC. Therefore, used railway wagons also attract 5% GST. GST Rates FAQs on queries of Various Sectors Clarified by Govt Related Topic on GST Topic Click Link GST Acts  Central… Read More »

Category: GST

What is the GST rate on sterilization pouches ?

By | July 26, 2017

Can sterilization pouches be treated as aseptic packaging paper? What is the GST rate on sterilization pouches? Sterilisation pouches are different than aseptic packaging paper. Sterilisation pouches fall under heading 3005 and attract 12% GST GST Rates FAQs on queries of Various Sectors Clarified by Govt Related Topic on GST Topic Click Link GST Acts… Read More »

Category: GST

What is GST rate on Electric accumulators?

By | July 26, 2017

What is the GST rate on Electric accumulators? Electric accumulators, including separators therefor, whether or not rectangular (including square) fall under heading 8507 and attract 28% GST. GST Rates FAQs on queries of Various Sectors Clarified by Govt Related Topic on GST Topic Click Link GST Acts  Central GST Act and States GST Acts GST… Read More »

Category: GST

What is the GST rate on sugarcane procured by sugar mills which is generally fresh and procured directly from the farm?

By | July 26, 2017

What is the GST rate on sugarcane procured by the sugar mills which is generally fresh and procured directly from the farm? Fresh or chilled sugarcane, falling under heading 1212, attracts Nil GST. GST Rates FAQs on queries of Various Sectors Clarified by Govt Related Topic on GST Topic Click Link GST Acts  Central GST… Read More »

Category: GST

What is GST rate on Hand Made Branded Biri?

By | July 26, 2017

What is the GST rate on Hand Made Branded Biri? ♦ All biris attract 28% GST. ♦ In addition, handmade biris attract NCCD of Rs.1 per thousand. Machine made biris attract NCCD of Rs.2 per thousand. GST Rates FAQs on queries of Various Sectors Clarified by Govt Related Topic on GST Topic Click Link GST… Read More »

Category: GST

Unclaimed Amounts of Policyholders : IRDAI Master Circular

By | July 26, 2017

Unclaimed Amounts of Policyholders Ref: IRDA/F&A/CIR/Misc/173/07/2017 Date: 25-07-2017 Master Circular: Unclaimed Amounts of Policyholders The Authority has issued various directions regarding the Unclaimed Amounts of Policyholders from time to time. All the earlier directions are now being consolidated and issued in the form of a Master Circular which is attached herewith. The Government of India has brought… Read More »

Labour Code on Social Security 2017

By | July 26, 2017

The Second National Commission on Labour has recommended that the existing Labour Laws should be broadly grouped into four or five Labour Codes on functional basis. Accordingly, the Ministry has taken steps for drafting four Labour Codes on Wages; Industrial Relations; Social Security & Welfare; and Safety and Working Conditions respectively, by simplifying, amalgamating and… Read More »

Section 125 Madhya Pradesh GST Act 2017 : General penalty.

By | July 26, 2017

Section 125 Madhya Pradesh GST Act 2017 ( Section 125 Madhya Pradesh GST Act 2017 explains General penalty  and is covered in CHAPTER XIX : OFFENCES AND PENALTIES  ) General penalty. 125 . Any person, who contravenes any of the provisions of this Act or any rules made thereunder for which no penalty is separately provided for in this Act,… Read More »

Section 124 Madhya Pradesh GST Act 2017 : Fine for failure to furnish statistics.

By | July 26, 2017

Section 124 Madhya Pradesh GST Act 2017 ( Section 124 Madhya Pradesh GST Act 2017 explains Fine for failure to furnish statistics  and is covered in CHAPTER XIX : OFFENCES AND PENALTIES  ) Fine for failure to furnish statistics. 124 . If any person required to furnish any information or return under section 151,— (a) without reasonable cause fails to… Read More »

Section 123 Madhya Pradesh GST Act 2017 : Penalty for failure to furnish information return

By | July 26, 2017

Section 123 Madhya Pradesh GST Act 2017 ( Section 123 Madhya Pradesh GST Act 2017 explains Penalty for failure to furnish information return and is covered in CHAPTER XIX : OFFENCES AND PENALTIES  ) Penalty for failure to furnish information return 123 . If a person who is required to furnish an information return under section 150 fails to do… Read More »

Section 122 Madhya Pradesh GST Act 2017 : Penalty for certain offences

By | July 26, 2017

Section 122 Madhya Pradesh GST Act 2017 ( Section 122 Madhya Pradesh GST Act 2017 explains Penalty for certain offences and is covered in CHAPTER XIX : OFFENCES AND PENALTIES  ) Penalty for certain offences 122 . (1) Where a taxable person who— (i) supplies any goods or services or both without issue of any invoice or issues an incorrect… Read More »

Section 121 Madhya Pradesh GST Act 2017 : Non appealable decisions and orders

By | July 26, 2017

Section 121 Madhya Pradesh GST Act 2017 ( Section 121 Madhya Pradesh GST Act 2017 explains Non appealable decisions and orders and is covered in CHAPTER XVIII : APPEALS AND REVISION  ) Non appealable decisions and orders 121 . Notwithstanding anything to the contrary in any provisions of this Act, no appeal shall lie against any decision taken or order passed… Read More »

Section 120 Madhya Pradesh GST Act 2017 : Appeal not to be filed in certain cases

By | July 26, 2017

Section 120 Madhya Pradesh GST Act 2017 ( Section 120 Madhya Pradesh GST Act 2017 explains Appeal not to be filed in certain cases  and is covered in CHAPTER XVIII : APPEALS AND REVISION  ) Appeal not to be filed in certain cases 120 . (1) The Commissioner may, on the recommendations of the Council, from time to time, issue orders… Read More »

Section 119 Madhya Pradesh GST Act 2017 : Sums due to be paid notwithstanding appeal etc.

By | July 26, 2017

Section 119 Madhya Pradesh GST Act 2017 ( Section 119 Madhya Pradesh GST Act 2017 explains Sums due to be paid notwithstanding appeal etc.  and is covered in CHAPTER XVIII : APPEALS AND REVISION  ) Sums due to be paid notwithstanding appeal etc. 119 . Notwithstanding that an appeal has been preferred to the High Court or the Supreme Court, sums… Read More »

Section 118 Madhya Pradesh GST Act 2017 : Appeal to Supreme Court

By | July 26, 2017

Section 118 Madhya Pradesh GST Act 2017 ( Section 118 Madhya Pradesh GST Act 2017 explains Appeal to Supreme Court and is covered in CHAPTER XVIII : APPEALS AND REVISION  ) Appeal to Supreme Court 118 . (1) An appeal shall lie to the Supreme Court- (a) from any order passed by the National Bench or Regional Benches of the Appellate… Read More »

Section 117 Madhya Pradesh GST Act 2017 : Appeal to High Court

By | July 26, 2017

Section 117 Madhya Pradesh GST Act 2017 ( Section 117 Madhya Pradesh GST Act 2017 explains Appeal to High Court and is covered in CHAPTER XVIII : APPEALS AND REVISION  ) Appeal to High Court 117 . (1) Any person aggrieved by any order passed by the State Bench or Area Benches of the Appellate Tribunal may file an appeal to… Read More »

Section 116 Madhya Pradesh GST Act 2017 : Appearance by authorised representative

By | July 26, 2017

Section 116 Madhya Pradesh GST Act 2017 ( Section 116 Madhya Pradesh GST Act 2017 explains Appearance by authorised representative and is covered in CHAPTER XVIII : APPEALS AND REVISION  ) Appearance by authorised representative 116 . (1) Any person who is entitled or required to appear before an officer appointed under this Act, or the Appellate Authority or the Appellate… Read More »

Section 115 Madhya Pradesh GST Act 2017 : Interest on refund of amount paid for admission of appeal

By | July 26, 2017

Section 115 Madhya Pradesh GST Act 2017 ( Section 115 Madhya Pradesh GST Act 2017 explains Interest on refund of amount paid for admission of appeal and is covered in CHAPTER XVIII : APPEALS AND REVISION  ) Interest on refund of amount paid for admission of appeal 115 . Where an amount paid by the appellant under sub section (6) of… Read More »

Section 114 Madhya Pradesh GST Act 2017 : Financial and administrative powers of State President

By | July 26, 2017

Section 114 Madhya Pradesh GST Act 2017 ( Section 114 Madhya Pradesh GST Act 2017 explains Financial and administrative powers of State President and is covered in CHAPTER XVIII : APPEALS AND REVISION  ) Financial and administrative powers of State President 114 . The State President shall exercise such financial and administrative powers over the State Bench and Area Benches of… Read More »

Section 113 Madhya Pradesh GST Act 2017 : Orders of Appellate Tribunal

By | July 26, 2017

Section 113 Madhya Pradesh GST Act 2017 ( Section 113 Madhya Pradesh GST Act 2017 explains Orders of Appellate Tribunal and is covered in CHAPTER XVIII : APPEALS AND REVISION  ) Orders of Appellate Tribunal 113 . (1) The Appellate Tribunal may, after giving the parties to the appeal an opportunity of being heard, pass such orders thereon as it thinks… Read More »

Section 112 Madhya Pradesh GST Act 2017 : Appeals to Appellate Tribunal

By | July 26, 2017

Section 112 Madhya Pradesh GST Act 2017 ( Section 112 Madhya Pradesh GST Act 2017 explains Appeals to Appellate Tribunal and is covered in CHAPTER XVIII : APPEALS AND REVISION  ) Appeals to Appellate Tribunal 112. (1) Any person aggrieved by an order passed against him under section 107 or section 108 of this Act or the Central Goods and Services… Read More »

Section 111 Madhya Pradesh GST Act 2017 : Procedure before Appellate Tribunal

By | July 26, 2017

Section 111 Madhya Pradesh GST Act 2017 ( Section 111 Madhya Pradesh GST Act 2017 explains Procedure before Appellate Tribunal and is covered in CHAPTER XVIII : APPEALS AND REVISION  ) Procedure before Appellate Tribunal 111. (1) The Appellate Tribunal shall not, while disposing of any proceedings before it or an appeal before it, be bound by the procedure laid down… Read More »

Section 110 Madhya Pradesh GST Act 2017 : President and Members of Appellate Tribunal, their qualification, appointment, conditions of service, etc.

By | July 26, 2017

Section 110 Madhya Pradesh GST Act 2017 ( Section 110 Madhya Pradesh GST Act 2017 explains President and Members of Appellate Tribunal, their qualification, appointment, conditions of service, etc. and is covered in CHAPTER XVIII : APPEALS AND REVISION  ) President and Members of Appellate Tribunal, their qualification, appointment, conditions of service, etc. 110. The qualifications, appointment, salary and allowances, terms… Read More »

Section 109 Madhya Pradesh GST Act 2017 : Appellate Tribunal and Benches thereof

By | July 26, 2017

Section 109 Madhya Pradesh GST Act 2017 ( Section 109 Madhya Pradesh GST Act 2017 explains Appellate Tribunal and Benches thereof and is covered in CHAPTER XVIII : APPEALS AND REVISION  ) Appellate Tribunal and Benches thereof 109. (1) Subject to the provisions of this Chapter, the Goods and Services Tax Tribunal constituted under the Central Goods and Services Tax Act… Read More »

Section 108 Madhya Pradesh GST Act 2017 : Powers of Revisional Authority

By | July 26, 2017

Section 108 Madhya Pradesh GST Act 2017 ( Section 108 Madhya Pradesh GST Act 2017 explains Powers of Revisional Authority and is covered in CHAPTER XVIII : APPEALS AND REVISION  ) Powers of Revisional Authority 108. (1) Subject to the provisions of section 121 and any rules made thereunder, the Revisional Authority may, on his own motion, or upon information received… Read More »

Section 107 Madhya Pradesh GST Act 2017 : Appeals to Appellate Authority

By | July 26, 2017

Section 107 Madhya Pradesh GST Act 2017 ( Section 107 Madhya Pradesh GST Act 2017 explains Appeals to Appellate Authority and is covered in CHAPTER XVIII : APPEALS AND REVISION  )   Appeals to Appellate Authority 107 . (1) Any person aggrieved by any decision or order passed under this Act or the Central Goods and Services Tax Act by an… Read More »

Section 106 Madhya Pradesh GST Act 2017 : Procedure of Authority and Appellate Authority

By | July 26, 2017

Section 106 Madhya Pradesh GST Act 2017 ( Section 106 Madhya Pradesh GST Act 2017 explains Procedure of Authority and Appellate Authority and is covered in Chapter  XVII : ADVANCE RULING  ) Procedure of Authority and Appellate Authority 106. The Authority or the Appellate Authority shall, subject to the provisions of this Chapter, have power to regulate its own procedure.… Read More »