Daily Archives: July 21, 2018

28th GST Council Meeting on opening of migration window for tax payers till 31st August ,2018

By | July 21, 2018

Ministry of Finance Recommendations on opening of migration window for tax payers till 31st August ,2018 Posted On: 21 JUL 2018 8:25PM by PIB Delhi The GST Council in its 28th meeting held here today  has approvedthe proposal to open the migration window for taxpayers, who received provisional IDs but could not complete the migration process. The… Read More »

Category: GST

28th GST Council Meeting Rate Reduction on Certain Goods

By | July 21, 2018

Ministry of Finance GST COUNCIL RECOMMENDS GST RATES REDUCTION ON SEVERAL GOODS &for specified handicraft items GST rates have been recommended to be brought down to Nil on Sanitary Napkins &Rakhi& more Goods GST Council recommends for allowing refund to fabrics on account of inverted duty structure Rate change made in respect of footwear Posted… Read More »

Category: GST

No Tax on Interest awarded on enhanced compensation of compulsory acquisition of agriculture land : ITAT

By | July 21, 2018

IN THE ITAT BANGALORE BENCH ‘A’ Income Tax Officer, Ward I & TPS v. Basavaraj M Kudarikannur N.V. VASUDEVAN, JUDICIAL MEMBER AND INTURI RAMA RAO, ACCOUNTANT MEMBER IT APPEAL NOS. 1747 AND 1750 (BANG.) OF 2017 [ASSESSMENT YEAR 2013-14] JUNE  1, 2018 Sandeep Goel, Addl. CIT (DR) for the Appellant. ORDER N.V. Vasudevan, Judicial Member – These are… Read More »

New GST News 21.07.18

By | July 21, 2018

New GST News 21.07.18 [ Join online GST Course by CA Satbir Singh ] New GST News ICAI GST Newsletter June 2018 10% GST on Truck mounted cranes being special purpose motor vehicles; HARYANA AAR No GST on Frozen meat sold in packaged form : Haryana AAR CBIC Special instructions to PAO regarding GST Refunds… Read More »

Category: GST

ICAI GST Newsletter June 2018

By | July 21, 2018

ICAI GST Newsletter June, 2018 Download ICAI GST Newsletter June 2018 : Click here  Related Post ICSI GST Newsletter ICSI GST Newsletter June 2018 ICSI GST Newsletter May 2018 Related Post ICAI GST Newsletter ICAI GST E-Newsletter – May 2018 ICAI GST E-Newsletter -April, 2018  ICAI GST E-Newsletter –March 2018 ICAI GST E-Newsletter – Febraury… Read More »

Category: GST

28th GST Council Meeting : Decisions on 21.07.2018

By | July 21, 2018

28th GST Council Meeting 28th GST Council Meeting covened through Video Conferencing on 21st July 2018 (Saturday) .The Union Minister of Railways, Coal, Finance and Corporate Affairs, Shri PiyushGoyal  chaired the 28th GST Council Meeting. Decisions in 28th GST Council Meeting 28th GST Council Meeting Rate Reduction on Certain Goods 28th GST Council Meeting decisions on… Read More »

Bail to GST evaders issuing fake invoices : CALCUTTA HC Clarify

By | July 21, 2018

 It is settled position of law that grant of bail is a rule and rejection of bail is an exception While granting bail, the Court has to keep in mind the nature of the accusations, the nature of evidence in support thereof the severity of the punishment which conviction will entail, the character of the… Read More »

GST Rates on Brake Pad and Auto Parts Clarified by HARYANA AAR

By | July 21, 2018

“The Brake Pads, i.e., friction material mounted on metal plate, manufactured by the applicant for motor vehicles of headings 8701 to 8705 (other than specified parts of tractors) are correctly classifiable under HSN 87083000 of the Custom Tariff Act. In view of the notification no. 1/2017-CentraI Tax (Rate), dated 28.06.2017, as amended from time to… Read More »

Fabrication & fitting of bus bodies on chassis supplied by client is not Job work : HARYANA AAR

By | July 21, 2018

The customer is providing only chassis. All inputs/materials required for fabrication of bus body, has to be used by the applicant from its own account. Under such situation it is the bus-body which is being fabricated and also being mounted on the chassis provided by the customer. Therefore, it is not merely job-work. Rather it… Read More »