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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 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 for making payments… 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 »

Section 40 Bihar GST Act 2017 : First Return

Section 40 Bihar GST Act 2017 [ Section 40 of Bihar GST Act 2017  explains First Return  and is covered in Chapter IX – Returns   ]  First Return 40. Every registered person who has made outward supplies in the period between the date on which he became liable to registration till the date on which registration has been granted shall… Read More »

Section 121 Puducherry GST Act 2017 : Non-appealable decisions and orders

Section 121 Puducherry GST Act 2017 [ Section 121 of Puducherry GST Act 2017 explains Non-appealable decisions and orders ]  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 by an officer of State tax if such decision taken… Read More »

Persons exempted from registration – West Bengal GST Act – Notification No 1070 -FT Dated 21st June 2017

Notification No 1070 -FT Dated 21st June 2017 GOVERNMENT OF WEST BENGAL FINANCE DEPARTMENT REVENUE NOTIFICATION No. 1070-F.T., the 21st day of June, 2017.— In exercise of the powers conferred by sub-section (2) of section 23 of the West Bengal Goods and Services Tax Ordinance, 2017 (West Ben. Ord. No. II of 2017), the Governor… Read More »

West Bengal GST Rules 2017 – Download – Notification No 1068 -FT Dated 21st June 2017

Notification No 1068 -FT Dated 21st June 2017   GOVERNMENT OF WEST BENGAL FINANCE DEPARTMENT REVENUE NOTIFICATION No. 1068 –F.T., the 21st day of June, 2017.— In exercise of the powers conferred by section 164 of the West Bengal Goods and Services Tax Ordinance, 2017 (West Ben. Ord. No. II of 2017), the Governor is… Read More »

Sikkim GST Helpline Number

Sikkim GST Helpline Number GST Helpdesk No. 03592-280117 Click for Other states / India  GST Helpline Numbers

GST Portal Notified under Odisha GST Act 2017 – Notification No S.R.O No.287/2017 Dated 22nd June 2017

Notification for enforcement of Common Goods and Services Tax Electronic Portal Notification No S.R.O No.287/2017 Dated 22nd June 2017 Related Topic on GST Topic Link GST Acts  Central GST Act and States GST Acts     Rules GST Rules   Rates GST Rates     Notifications GST Act Notifications   Circulars Central Tax Circulars /… Read More »

Punjab GST Helpline Number

Punjab GST Helpline Number Contact Numbers : +91-8283801179 (Available 24*7),+91-8283801194 (Available 10:00-18:00 Hrs.) HelpDesk EmailId : helpdesk.pex@punjab.gov.in Click for Other states / India  GST Helpline Numbers

Sikkim GST Bill 2017

    THE SIKKIM GOODS AND SERVICES TAX BILL, 2017       A   BILL     to make a provision for levy and collection of tax on intra-State supply of goods or services or both by the State of Sikkim and the matters connected therewith or incidental thereto       BE it… Read More »

How to File GST Return – Explained with screenshots / Examples

Process to File GST Return You must be worried how to file GST return in India after GST act comes into force w.e.f 01.07.2017. Here we are giving entire process to file GST return with screen shots and Examples for easy understanding of filing GSTR 1, GSTR 2 and GSTR 3 returns. [ Also Read GST… Read More »

Final GST Registration Rules Approved by GST Council

CHAPTER— REGISTRATION [ Final GST Registration Rules Approved by GST Council 18.05.2017 and Amended on 11.06.2017 by GST Council ( Rule 19 only ) Read also  CGST Rules 2017– Central Goods and Services Tax Rules 2017  – Notification No. 3 /2017 – Central Tax Dated 19.06.2017 for GST Registration Rules ( Chapter II)  and Composition Rules Notified… Read More »

Demonetization impact on Audit Report for FY 2016-17

 Demonetization impact on Audit Report for FY 2016-17 In one of the historical reforms of the economy of India, Rs 500 and Rs 1,000 notes were banned effective from Tuesday midnight i.e on midnight of 08.11.2016. Lets study demonetization impact on Audit Report . Demonetization impact on Audit Report : Notifications of Ministry of Company Affairs… Read More »

USA IRS Face-To-Face Help Is Now By Appointment

IRS Face-To-Face Help Is Now By Appointment Taxpayers who need in-person help from an IRS Taxpayer Assistance Center (TAC) need to call to schedule an appointment. All TACs provide service by appointment. They are an essential service the IRS provides when a tax issue cannot be resolved online or by phone. Consider the self-service options… Read More »

Final GST Payment of Tax Rules approved by GST Council 18.05.2017 Download Print

Chapter- — PAYMENT OF TAX [ Final GST Payment of Tax Rules 2017 as approved in GST Council meeting held on 18.05.2017 ] 1. Electronic Liability Register (1) The electronic liability register specified under sub-section (7) of section 49 shall be maintained in Form GST PMT -01 for each person liable to pay tax, interest, penalty, late fee… Read More »

Final GST Input Tax Credit Rules – GST ITC Rules – Approved by GST Council – Download – Print

CHAPTER—-  Input Tax Credit  [ Final GST Input Tax Credit Rules 2017  / GST ITC Rules approved by GST Council on  18.05.2017 ) 1. Documentary requirements and conditions for claiming input tax credit (1) The input tax credit shall be availed by a registered person, including the Input Service Distributor, on the basis of any… Read More »

Final GST Composition Rules approved in GST Council 14th Meeting on 18.05.2017 – Download – Print

Chapter — COMPOSITION RULES ( Final GST Composition Rules 2017 approved in GST Council 14th Meeting on 18.05.2017) 1. Intimation for composition levy (1) Any person who has been granted registration on a provisional basis under sub-rule (1) of rule Registration.17 and who opts to pay tax under section 10, shall electronically file an intimation in FORM… Read More »

Schedule III Rajashtan GST Act 2017 – Activities or transactions which shall be treated neither as a supply of goods nor a supply of services

Schedule III Rajashtan GST Act 2017 Schedule III Rajashtan GST Act 2017 explains activities or transactions which shall be treated neither as a supply of  goods nor a supply of services ( Note Rajashtan GST Act 2017 received the assent of the Governor on the 28th day of April 2017. Rajashtan GST Act 2017  make a provision for… Read More »

Schedule II Rajashtan GST Act 2017 – ACTIVITIES TO BE TREATED AS SUPPLY OF GOODS OR SUPPLY OF SERVICES

Schedule II Rajashtan GST Act 2017 Schedule II Rajashtan GST Act 2017 explains activities to be treated as supply of goods or supply of  services  ( Note Rajashtan GST Act 2017 received the assent of the Governor on the 28th day of April 2017. Rajashtan GST Act 2017  make a provision for levy and collection of tax on… Read More »

Schedule I Rajashtan GST Act 2017 – Activities To Be Treated As Supply Even If Made Without Consideration

Schedule I Rajashtan GST Act 2017 Schedule I Rajashtan GST Act 2017 explains  Activities To Be Treated As Supply Even If Made Without Consideration ( Note Rajashtan GST Act 2017 received the assent of the Governor on the 28th day of April 2017. Rajashtan GST Act 2017  make a provision for levy and collection of tax on intra-State… Read More »