Daily Archives: May 19, 2018

HSN code of lottery ticket for Payment of GST : CBEC Circular

By | May 19, 2018

HSN code of lottery ticket for Payment of GST  Though lottery tickets have been considered as goods in GST, there is no HSN code. Hence, GST should be paid under heading ‘Any Chapter’ of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and tax on lottery should be paid accordingly at prescribed rates, 12% or… Read More »

Relaxation is giving HSN code or accounting code of service under GST

By | May 19, 2018

What is relaxation is giving HSN code or accounting code of service under GST HSN code is 8 digit code. Service Accounting Code is 6 digit code. However, in invoice, relaxation can be given by CBI&C in indicating the number of digits of HSN code for goods or the Accounting Code for services for class of registered persons – – first proviso to Rule 46 of CGST and SGST Rules, 2017. The relaxation… Read More »

How to make GST Payment if supplying OIDAR service from out of India 

By | May 19, 2018

How to make GST Payment if supplying OIDAR service from out of India   Person supplying OIDARservice from out of India to a non-taxable online recipient may deposit the amount in Electronic Cash Ledger through CBE&C’s payment system i.e. Electronic Accounting System in Excise and Service tax from date to be notified – second proviso to Rule 87(2) of CGST and… Read More »

Category: GST

GST Payments : Free Study Material

By | May 19, 2018

GST Payments : Free Study Material Here is the free study material on GST Payments Due Date for GST Payment GST Payment Process Detailed Analysis : Video How to Make GST Payment GST Offline Payments by NEFT/RTGS : FAQs GST Online Payments by Net Banking : FAQs GST Offline Payments: Over the Counter : FAQs… Read More »