Daily Archives: October 9, 2018

Separate GST registration limit for each co-owners of property : AAR

By | October 9, 2018

GST registration limit in case of Joint owners of property The small business exemption, provided under section 22 is eligible to the co-owners separately in the case of jointly owned property, where rent is collected together, but divided equally and transferred to the respective co-owner. Engaging a co-owner to collect and distribute rent among all… Read More »

Notification No 53/2018 Central Tax :CGST (Eleventh Amendment) Rules 2018

By | October 9, 2018

Notification No 53/2018 Central Tax The Govt. has notified the CGST (Eleventh Amendment) Rules, 2018 wherein rule 96(10) of the CGST rules has been substituted with effect from October 23, 2017.  This notification restores rule 96(10) to the position that existed before the amendment carried out in the said rule by notification No. 39/2018- Central… Read More »

Notification No 54/2018 Central Tax : IGST Refund on capital goods received under EPCG scheme allowed to exporters

By | October 9, 2018

Notification No 54/2018 Central Tax Seeks to make amendments (Twelfth Amendment, 2018) to the CGST Rules, 2017. This notification amends rule 96(10) to allow exporters who have received capital goods under the EPCG scheme to claim refund of the IGST paid on exports and align rule 89(4B) to make it consistent with rule 96(10). [To… Read More »

GST Appellate Authority for Advance Ruling Notified for Union Territories : Notification No 15/2018 Union territory Tax

By | October 9, 2018

Notification No 15/2018 Union territory Tax GST Appellate Authority for Advance Ruling Notified for Union Territories :Notification No 15/2018-Union territory Tax NOTIFICATION New Delhi, the 8th October, 2018 No. 15/2018-Union territory Tax G.S.R. 1005(E).—In exercise of the powers conferred by section 16 of the Union territory Goods and Services Tax Act, 2017 (14 of 2017)… Read More »