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 »

GST Authority for Advance Ruling Notified for Union Territories :Notification No 14/2018-Union territory Tax

By | October 9, 2018

Notification No 14/2018-Union territory Tax Govt. has notified the constitution of  AAR in the Union Territories (Andaman and Nicobar Islands, Chandigarh, Daman and Diu, Dadar and Nagar Haveli and Lakshadweep). MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 8th October, 2018 No. 14/2018-Union territory Tax G.S.R. 1004(E).—In exercise of the powers conferred by… Read More »

LIMBS FAQs for field formations under CBIC

By | October 9, 2018

LEGAL INFORMATION MANAGEMENT & BRIEFING SYSTEM (LIMBS) www.limbs.gov.in Background: Legal Information Management & Briefing System (LIMBS) is a web based portal developed by Department of Legal Affairs, Ministry of Law & Justice for monitoring and handling of various court cases of Govt. Departments and Ministries. Joint Secretary (Revenue), Department of Revenue is the Nodal Officer… Read More »

New GST News 09.10.2018

By | October 9, 2018

New GST News 09.10.2018 [ Join online GST Course by CA Satbir Singh ] New GST News Annual GST return require additional details from taxpayers Single GST Audit or for Each GSTIN ? Explained No Advance Ruling can be given on TDS Liability under GST : AAR Purchase details in GSTR 4 Mandatory ? Tracking… Read More »

Category: GST

Income Tax audit Date extended AY 2018 19 to 31.10.2018 : Download Order

By | October 9, 2018

Income Tax audit Date extended AY 2018 19 to 31.10.2018 Read Notification F No 225/358/2018/ITA.II Dated 8th October 2018 Press Release CBDT further extends date for filing Income Tax Returns and Audit Reports Posted On: 08 OCT 2018 6:55PM by PIB Delhi The due date for filing of Income Tax Returns and Audit Reports for… Read More »

No Advance Ruling can be given on TDS Liability under GST : AAR

By | October 9, 2018

As the issue ‘whether the applicant is liable to deduct TDS under Section 51 of the CGST Act, 2017 and the GGST Act, 2017’ is not covered by Section 97(2) of the Acts, this authority is helpless to answer the question raised in the application, as it is lacking jurisdiction to decide the issue. T… Read More »