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2.5% GST List 1 to S.No.180 of the Schedule I

2.5% GST List 1 to S.No.180 of the Schedule I 2.5% GST List 1 to S.No.180 of the Schedule I Quinidine Protamine Praziquantel Pancuronium Bromide Mustin Hydrochloride MMR (Measles, mumps and rubella) vaccine Methotrexate Mesna Melphalan Latanoprost Lomustine Lactulose Isoflurane Isoprenaline Hydroxyurea Glucagon Eptifibatide Dopamine

Goods taxable at 1.5% CGST: Schedule V

Goods taxable at 1.5% CGST Goods taxable at 1.5% CGST S. Chapter / Description of Goods No. Heading /Sub-heading /Tariff item (1) (2) (3) 1. 7101 Pearls, natural or cultured, whether or not worked or graded but not S. Chapter

Goods taxable at 2.5% in CGST Act

Goods taxable at 2.5% in CGST Act Goods taxable at 2.5% in CGST Act Schedule I – 2.5% As per latest amendment via notification no. 18/2017 following items after serial number 182 following items to be inserted.(see full notification here) S. No. Chapter / Heading

2.5 % GST List 2 S.No.181 of the Schedule I

2.5 % GST List 2 2.5 % GST List 2 Streptomycin Isoniazid Thiacetazone Ethambutol Sodium PAS Pyrazinamide Dapsone Clo- fazamine Tetracycline Hydrochloride Pilocarpine Hydrocortisone Idoxuridine Acetazolamide Atro- pine Homatroprn Chloroquine Amodiaquine Quinine Pyrimethamine Sulfametho pyrezine Diethyl Carbamazine Arteether or formulation of

Two e-com op notified for 5(5) levy (14/2017)

Two e-com op notified for 5(5) levy (14/2017) Two e-com op notified for 5(5) levy (14/2017) Government of India Ministry of Finance (Department of Revenue) Notification No. 14/2017-Integrated Tax (Rate) New Delhi, the 28th June, 2017 G.S.R……(E).- In exercise of the powers conferred by sub-section

GST Tally ledgers required from 1july

GST Tally ledgers required from 1july GST Tally ledgers required from 1july. New ledgers will be required in Tally from 1st of july 2017.In current system following ledgers shall be there: Input excise duty CENVAT credit Input Service tax Output Service tax Input VAT Output

Full List of documents for GST registration

Full List of documents for GST registration Full List of documents for GST registration Sl. No Documents Various business entities 1. Photographs (wherever specified in the Application Form) (a) Proprietary Concern – Proprietor (b) Partnership Firm / Limited Liability Partnership – Managing/Authorised/Designated Partners (personal

HSN digits required on tax invoice in GST

HSN digits required on tax invoice in GST HSN digits required on tax invoice in GST. CBEC vide there notification 12/2017-Central Tax,dt. 28-06-2017 has prescribed the limit for the same. As per this notification the taxpayer having turnover of less than 1.5 Crore are not required

Exemption of reverse charge supplier in GST

Exemption of reverse charge supplier Exemption of reverse charge supplier from taking registration in GST. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS Notification No. 5/2017 – Central Tax New Delhi, the 19th June, 2017 29 Jyaistha, 1939

Important CGST notifications

Important CGST notifications Important CGST notifications 13/2017-Central Tax,dt. 28-06-2017 Seeks to prescribe rate of interest under CGST Act, 2017 12/2017-Central Tax,dt. 28-06-2017 Seeks to notify the number of HSN digits required on tax invoice 11/2017-Central Tax,dt. 28-06-2017 Seeks to amend Notification no 6/2017-Central Tax dt

GST Compliance

Interest rates in CGST notified

Interest rates in CGST notified Government has notified the interest rates in CGST Act. Notification No. 13/2017 – Central Tax New Delhi, the 28th June, 2017 7 Ashadha, 1939 Saka G.S.R. …..(E).—In exercise of the powers conferred by sub-sections (1) and

Rs.5000 per day limit for reverse charge in GST

Rs.5000 per day limit for reverse charge in GST Rs.5000 per day limit for reverse charge in GST [TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No.8/2017-Central