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GST at the rate of 18% on Rubber Wood : AAR Kerala
GST at the rate of 18% on Rubber Wood: AAR Kerala Sri.N.C. Varghese, Thrissur, a small scale contractor (hereinafter called the applicant), has preferred an application for Advance Ruling on the rate of tax of standing rubber trees. The applicant is engaged in the purchase
Ppt of Assessment under GST
Ppt of Assessment under GST The financial year has ended and now the annual assessment is to be made because the annual return will be filled by September 2018. So the person may know how to assess and what kind of assessment is to be
Threshold for audit under GST is Registration wise or Person wise
The threshold for audit under GST is Registration wise or Person wise The audit under the GST law owing to its first time is the next challenge not only for trade and industries also for professionals. Section 35(5) of CGST/SGST Act, 2017 (hereinafter referred to
Date Extended for GSTR-3B for the month of April 2018
Date Extended for GSTR-3B for the month of April 2018 A press release has been issued by CBIC for the date extended for GSTR-3B for the month of April 2018. It may be due to the technical errors faced by the registered persons for filling
Change in the Share Holding of the GSTN
Change in the Share Holding of GSTN A press release was regarding the change in shareholding of the GSTN. In which the government decided to acquire the remaining share from the private company. Currently, there is 51% shares are held by the private sector/companies. The Government
Intra State E-way bill in the state of Rajasthan
Intra State E-way bill in the state of Rajasthan Intra State E-way bills are going in the state of Rajasthan to be applicable w.e.f. 20.05.2018. Here is a brief advisory on that matter:- 1. E-way bill is to be issued in each case where the
The Detailed guide on GST for Real Estate Developers/Buyers
The detailed guide on GST for Real Estate Developers/Buyers The detailed guide on GST for the Real Estate Developers/buyers contains the major problems faced by the real estate developer and buyers. People may get confused due to the various complications which may arise due to
GST & Accounting Entries in GST ERA
GST & Accounting Entries in GST ERA – ALSO ITS EFFECT ON GSTR 3B RETURN Let’s understand this with the help of Example. In the given Example Mr. x has the following transaction of Sale, Purchase, & some expenses like Repairs & Advocate Fees. Question. Mr. X
Circular No.44/18/2018-CGST
Circular No.44/18/2018-CGST F. No. 341/28/2017-TRU Government of India Ministry of Finance Department of Revenue Tax Research Unit New Delhi, the 2nd May 2018 To, The Principal Chief Commissioner/Chief Commissioners/ Principal Commissioner/Commissioner of Central Tax (All) / The Principal Director Generals/ Director Generals (All) Madam/Sir, Subject: Issue
Notification No. 22 /2018 – Central Tax
Notification No. 22 /2018 – Central Tax Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Notification No. 22 /2018 – Central Tax New Delhi, the 14th May 2018 G.S.R… (E).- In exercise of the powers conferred by section
Adjudication of detained goods should be expeditiously
The adjudication proceedings on the goods detained / seized should be completed expeditiously Where the registered person complies with filing of bond and security, the Proper Officer should release the goods forthwith. – Kerala High Court* [M/s. Vajra Rubber Products (P) Ltd. (Petitioner)
Coaching classes are liable for 18% GST:AAR
In a recent advanced ruling it is clarified that coaching classes will be chargeable at 18% GST. Coaching classes dont have any specific exemption in GST. Thus these activities will be covered in general rate.
CA Shafaly Girdharwal