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Goods and Transport Agency in GST

Goods and Transport Agency in GST Background of levying tax on the services of Goods Transport Agency The levy of Service Tax on Road Transportation Service has always been a contentious issue. The Finance Act, 1997 had levied Service Tax on Goods Transport Operators w.e.f. 16-11-1997 which was subsequently withdrawn after nation-wide strike. Thereafter by… Read More »

Sultan Chand T.S. Grewal’s Double Entry Book Keeping (Section A) for ISC 12 by T.S. Grewal 2017 Edition

Sultan Chand T.S. Grewal’s Double Entry Book Keeping (Section A) for ISC XII Paperback – 2017 by T.S. Grewal (Author), CA. (Dr.) G.S. Grewal & R.K. Khosla H.S.  Product description As per Schedule III of the Companies Act, 2013 and Guidelines issued by the ISC Council Price Rs 445 Click to buy online Publisher: Sultan Chand & Sons (P) Ltd. (2017)

Section 16 Jharkhand GST Act 2017 : Eligibility and conditions for taking input tax credit.

Section 16 Jharkhand GST Act 2017 ( Section 16 Jharkhand GST Act 2017 explains Eligibility and conditions for taking input tax credit  and is covered in CHAPTER V INPUT TAX CREDIT )  Eligibility and conditions for taking input tax credit. 16. (1) Every registered person shall, subject to such conditions and restrictions as may be prescribed and in the… Read More »

GST Rates on horse racing

Q. 3 The provision in rate schedule notification No. 11/2017-Central Tax (Rate) dated the 28th June 2017 does not clearly state the tax base to levy GST on horse racing. This may be clarified. Ans. GST would be leviable on the entire bet value i.e. total efface value of any or all bets paid into the totalisatoror placed with… Read More »

Centax Publication’s GST Tariff of India 2017-18 by R. K. Jain [August 2017 Edn.]-by R. K. Jain (Author)

Centax Publication’s GST Tariff of India 2017-18 by R. K. Jain [August 2017 Edn.] – 2017 by R. K. Jain (Author) Product description with GST Rates & Exemptions for Goods & Services [August 2017 Edition] Price RS 1755 Click to buy online Publisher: Centax Publications Pvt. Ltd. (2017) Related GST Books Related Topic on GST Topic Click Link GST Acts  Central… Read More »

Section 51 Himachal Pradesh GST Act 2017 : Tax deduction at source

Section 51 Himachal Pradesh GST Act 2017 ( Section 51 Himachal Pradesh GST Act 2017  explains Tax deduction at source  and is covered in CHAPTER-X PAYMENT OF TAX   ) Tax deduction at source 51. (1) Notwithstanding anything to the contrary contained in this Act, the Government may mandate,— (a) a department or establishment of the Central Government or State Government;… Read More »

Section 161 Gujarat GST Act 2017 : Rectification of errors apparent on the face of record

Section 161 Gujarat GST Act 2017 ( Section 161 Gujarat GST Act 2017 explains Rectification of errors apparent on the face of record and is covered in CHAPTER XXI MISCELLANEOUS   )  Rectification of errors apparent on the face of record 161. Without prejudice to the provisions of section 160, and notwithstanding anything contained in any other provisions of this Act, any… Read More »

 Section 11 Chhattishgarh GST Act 2017 : Power to grant exemption from tax

 Section 11 Chhattishgarh GST Act 2017 ( Section 11 Chhattishgarh GST Act 2017 explains Power to grant exemption from tax and is Covered in CHAPTER III : LEVY AND COLLECTION OF TAX) Power to grant exemption from tax 11. (1) Where the Government is satisfied that it is necessary in the public interest so to do, it may, on the recommendations… Read More »

Composition Scheme under GST – Analysis

Composition Scheme under GST Key points about Registered person opting Composition Scheme under GST :- Here we have addressed some of the basic queries around Composition Scheme under GST . An option to small suppliers, CGST Act provides for a ‘Composition Levy’ under Section 10 of CGST Act 2017.  It gives an option to a… Read More »

Law & Practice Relating to Securitisation & Reconstruction of Financial Assets & Enforcement of Security Interest

Law & Practice Relating to Securitisation & Reconstruction of Financial Assets & Enforcement of Security Interest Description A Comprehensive Section-wise Commentary on Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 and Recovery of debts and Bankruptcy Act 1993 Price Rs 1729 Click to buy online View Contents of this Book… Read More »

How to Make GST Challan ?

GST Challan There are following options of creating / to make GST Challan : Make GST Challan Pre Login Make GST Challan Post Login  Access My Saved Challans (Post Login) After you have created the GST Challan . Follow the procedure to make GST Payment. Create Challan (Pre Login) How is a Challan is generated… Read More »

Classification of Printed Workbooks, Exercise books under Central Excise : Circular No. 1057/06/2017-CX

Circular No. 1057/06/2017-CX F. No. 116/23/2015-CX.3 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi, dated the 7 th July, 2017 To The Principal Chief Commissioners/ Chief Commissioners/Principal Commissioners of Central Tax & Central Excise (All) Madam/ Sir, Sub: Classification of Printed Workbooks, Exercise books etc. under… Read More »

J & K Constitution Amendment Order 2017 for GST : G.S.R. 846(E) Dated 6th July, 2017

J & K Constitution Amendment Order 2017 J & K Constitution Amendment Order 2017 dated 06.07.2017 to Enable J & K goods and Service Tax Act 2017 MINISTRY OF LAW AND JUSTICE (Legislative Department) NOTIFICATION New Delhi, the 6th July, 2017 G.S.R. 846(E).—The following order made by the President is published for general information :—… Read More »

J & K GST Rules 2017 – Download : Notification No SRO 282  Dated 8th July 2017

J & K GST Rules 2017 J & K GST Rules 2017  / Jammu & Kashmir GST Rules 2017 w.e.f 08.07.2017 Vide Notification No SRO 282  Dated 8th July 2017 Government of Jammu and Kashmir Finance Department Civil Secretariat, Srinagar Notification Srinagar, the 8th July 2017 SRO 282.- In exercise of the powers conferred by section… Read More »

Allowances : 7th Central Pay Commission Approved :- Notification No. 11-1/2016-IC 6th July 2017

Notification No. 11-1/2016-IC Dated 6th July 2017 Government of India accepted the recommendations of Seventh Central Pay Commission on allowances with 34 modifications as specified in Appendix I. The Statement showing the recommendations of the Commission on allowances and the Government’s decision thereon is annexed at Appendix II : Notification No. 11-1/2016-IC Dated 6th July… Read More »

Highlights of Allowances of 7th Central Pay Commission approved by Govt

The Central Government’s decision on recommendations of the 7th Central Pay Commission (CPC) on Allowances published in Gazette of India yesterday i.e. 6th July, 2017; All allowances are given effect from 1st July 2017;  Concerned Ministries advised to issue their Orders on Allowances governed by them immediately so that the revised rates of allowances get… Read More »

GST Rate of Rental Services of Transport vehicle : Corrigendum Dated 5th July, 2017 to Notification No. 8/2017-Integrated Tax (Rate) dated 28th June, 2017

GST Rate of Rental Services of Transport vehicle with or without operator : Amendment in Notification No. 8/2017-Integrated Tax (Rate), dated the 28th June, 2017  vide Corrigendum  dated 5th July, 2017 MINISTRY OF FINANCE (Department of Revenue) CORRIGENDUM New Delhi, the 5th July, 2017 G.S.R. 838(E).—In the English version of the notification of the Government of India in… Read More »

Exchange Rate of Foreign Currency W.E.F 07.07.2017

Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified  In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs No.53/2017-CUSTOMS (N.T.), dated 15th June, 2017, except as respects things done or omitted… Read More »

UP GST Rules 2017 – Download

UP GST Rules 2017 UP GST Rules 2017 enforced w.e.f 29.06.2017 vide  Notification No 2/819/11-9(42)/17-UPGSTRules2017-Order -(04)-2017 dated 28th June 2017 Download UP GST Rules 2017 in Hindi Related Topic on GST Topic Click Link GST Acts  Central GST Act and States GST Acts     GST Rules GST Rules   GST Rates GST Rates     GST… Read More »

Exemption from additional duties of excise for 7th Schedule Goods – Notification No. 18/2017- Central Excise Dated 1st July 2017

Notification  No. 18/2017-Central Excise Dated 1st July, 2017 Seeks to provide exemption to all goods mentioned in the seventh schedule to the finance act,2005 from whole of the additional duties of excise leviable thereon vide Notification  No. 18/2017-Central Excise Dated 1st July, 2017 NOTIFICATION New Delhi, the 1st July, 2017 No. 18/2017-Central Excise G.S.R. 815(E).—In exercise of… Read More »

Section 269ST Income Tax Act 1961 : Finance Act 2017

Section  269ST Income-tax Act, 1961 – FA, 2017  [Section 269ST Income-tax Act 1961 Inserted by the Finance Act, 2017, w.e.f. 1-4-2017. ] Mode of undertaking transactions. 269ST. No person shall receive an amount of two lakh rupees or more— (a)          in aggregate from a person in a day; or (b)          in respect of a single… Read More »