Daily Archives: June 13, 2018

Notification No 27/2018 Central Tax :List of Seized Goods to be disposed by proper officer

By | June 13, 2018

Notification No 27/2018 Central Tax Summary of Notification No 27/2018 Central Tax List of Seized Goods to be disposed by proper officer : Notification No 27/2018 Central Tax Dated 13 th June, 2018 Seek to notifies the goods or the class of goods  mentioned in the Schedule below, which shall, as soon as may be after its… Read More »

Notification No 26/2018 Central Tax : CGST (Fifth Amendment) Rules 2018.

By | June 13, 2018

Notification No 26/2018 Central Tax Summary of Notification No 26/2018 Central Tax Notification No 26/2018 Central Tax Dated 13th June, 2018 Seek to make amendments (Fifth Amendment, 2018) to the CGST Rules, 2017; and to specify goods which may be disposed off by the proper officer after its seizure. Notification No 26/2018 Central Tax [To be… Read More »

GST Classification of Caffeinated Beverage (Energy Drink)

By | June 13, 2018

Whether the product Sting – Caffeinated Beverage (Energy Drink) containing 72 mg per serve (250 ml) of caffeine is classifiable under Tariff Item 2202 91 00 (Sl No. 24A of Schedule – III) as “Other Non-Alcoholic Beverage” or under Sub-heading 2202 10 (Sl. No. 12 of Schedule-IV) as “All goods [including aerated waters], containing added… Read More »

GST & excise duty on installation of lift, No violation of anti-profiteering rules : NAPA

By | June 13, 2018

NATIONAL ANTI-PROFITEERING AUTHORITY Abel Space Solutions LLP v. Schindler India (P.) Ltd. B.N. SHARMA, CHAIRMAN J.C. CHAUHAN AND MS. R. BHAGYADEVI, TECHNICAL MEMBER CASE NO. 4 OF 2018 MAY  31, 2018 ORDER 1. The present report dated 16.04.2018, has been received from the Director General of Safeguards (DGSG) after detailed investigation under Rule 129 (6) of the Central… Read More »

5% GST on Joint Replacements implants :KERALA AAR

By | June 13, 2018

CGST Rates are 2.5% for Entry 257 of Schedule I of Notification No. 01/2017 – Central Tax (Rate) dated 28.06.2017. Sl. No. Chapter/Heading/Sub -Heading/Tariff Item Description of goods (1) (2) (3) 257 90 or any other Chapter Assistive devices, rehabilitation aids and other goods for disabled, specified in List 3 appended to this Schedule List… Read More »

Gratuity Exemption limit AY 2019-20 FY 2018-19 under Income Tax Act 

By | June 13, 2018

Gratuity Exemption limit AY 2019-20 FY 2018-19 under Income Tax Act Gratuity Exemption limit AY 2019-20 FY 2018-19 under Income Tax Act is given as per Section 10(10) of Income Tax Act of India   1 Death -cum-Retirement Gratuity received by other employees who are covered under Gratuity Act, 1972 (other than Government employee) (Subject to certain conditions). 10(10)(ii)… Read More »

Dried tobacco leaves are not ‘Tobacco leaves’ , GST at 28% :NEW DELHI AAR

By | June 13, 2018

Notification No. 1/2017-central Tax (Rate) dated 28.06.2017: CGST rates are as follow Schedule 1-2.5% S. No. Chapter/Heading/Sub-heading/Tariff Item Description of Goods (1) (2) (3) 109. 2401 Tobacco leaves Schedule IV-14% S. No. Chapter/Heading/Sub-heading/Tariff Item Description of Goods (1) (2) (3) 13. 2401 Unmanufactured tobacco; tobacco refuse (other than tobacco leaves) Dried Tobacco Leaves’ which have undergone… Read More »

No Advance Ruling can be given on High Sea Sale & Place of Supply :GUJARAT AAR

By | June 13, 2018

The issue of High Sea Sale falls in the domain of Customs and not under the Goods and Services Tax. As the ‘place of supply’ is not covered by Section 97(2) of the Acts, this authority is helpless to answer the questions raised in the application, as it is lacking jurisdiction to decide the issues.… Read More »

No GST Exemption on Storage of Pulses /Dal (de-husked or split), jaggery, processed dry fruits as these are not agriculture produce , : GUJARAT AAR

By | June 13, 2018

RULING Pulses (commonly known as ‘Dal’) (de-husked or split), jaggery, processed dry fruits such as processed cashew nuts, raisin (kismis), apricot (jardalu), fig (anjeer), date, tamarind (ambali foal), shelled groundnuts/groundnut seeds, and copra are not agriculture produce as defined under Notification No. 11/2017-Central Tax (Rate). ‘Cereal’ on which any processing is done as is not… Read More »

New GST News and Circulars 13.06.2018

By | June 13, 2018

New GST News and Circulars 13.06.2018 [ Join online GST Course by CA Satbir Singh ] New GST News [Video] Intimation of GST Voluntary payment Form DRC 03 by Taxpayers : Explained by GSTN Explanatory Notes to Scheme of Classification of Services under GST : CBIC Multiple Vehicle Option for e-Way bill on Eway Bill… Read More »