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Notification No.49/2018-Customs
Notification No.49/2018-Customs GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No.49/2018-Customs New Delhi, the 20th June 2018 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of
Circular No. 49/23/2018-GST
Circular No. 49/23/2018-GST F. No. CBEC/20/16/03/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing New Delhi, Dated the 21st June 2018 To, The Principal Chief Commissioners / Chief Commissioners / Principal Commissioners / Commissioners of
AAR ruling fuels fears of double GST
AAR ruling fuels fears of double GST An order by the Authority for Advance Rulings (AAR) has sparked fears of double taxation under the goods and services tax (GST) for goods imported on the basis of cost, insurance and freight (CIF). The AAR, Uttarakhand,
Notification No. 28/2018 – Central Tax
Notification No. 28/2018 – Central Tax Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Notification No. 28/2018 – Central Tax New Delhi, the 19th June 2018 G.S.R……(E).- In exercise of the powers conferred by section 164 of the
PPT on GST Updates
PPT on GST Updates In the ppt CA Sandeep Sharma has discussed the latest updates and notifications issued by the CBIC. Type Category No. Date N Ctax 22/2018 14 May 2018 waives the late fee payable under section 47 of the said Act for
Sale of Hotel Room to SEZ in GST
Sale of Hotel Room to SEZ in GST This is a controversial provision of the law, section 7(5)(b) provide for the nature of supply in cases where SEZ unit or SEZ developer are involved. Section 7(5) of IGST Act:- “Supply of goods or services or
At last E-way bill is applicable in Delhi for intra-state Movement
At last E-way bill is applicable in Delhi for intra-state Movement Delhi becomes the last to implement intra-state e-way bill amongst all States and UT’s in the Country. Commissioner State GST, Delhi has come out with Notification No. 3 dated. 15.06.2018 to compulsorily fill e-way
Finance Ministry Likely to Launch Annual GST Return Forms in Next Council Meet
Finance Ministry Likely to Launch Annual GST Return Forms in Next Council Meet This comes after finance ministry complained of “not enough information” being shared by taxpayers in the monthly GSTR forms. The new annual form will seek all business details to help the government
Clarification on supply to SEZ or SEZ Developer
Clarification on supply to SEZ or SEZ Developer Whether services of short-term accommodation, conferencing, banqueting etc. provided to a Special Economic Zone (SEZ) developer or a SEZ unit should be treated as an inter-State supply (under section 7(5)(b) of the IGST Act, 2017) or an
Clarification regarding Job Work
Clarification regarding Job Work Whether independent fabric processors (job workers) in the textile sector supplying job work services are eligible for the refund of unutilized input tax credit on account of inverted duty structure under section 54(3) of the CGST Act, 2017, even if the
Circular No. 48/22/2018-GST
Circular No. 48/22/2018-GST F. No. CBEC/20/16/03/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing New Delhi, Dated the 14th June, 2018 To, The Principal Chief Commissioners/ Chief Commissioners/Principal Commissioners/ Commissioners of Central Tax (All)/
More power to anti profiteering authority in GST
More power to anti-profiteering authority in GST CGST fifth amendment rules introduced by CBIC via notification no. 26/2018. Rule 133 of CGST is amended and following provision is inserted. “(3) Where the Authority determines that a registered person has not passed on the benefit of



