Legal Update

Legal Services provided by Advocates to attract tax on reverse charge mechanism

Position regarding applicability of GST on Legal Services provided by individual Advocates including Senior Advocates and a Firm of Advocates.  There are points being raised about the applicability of GST on legal services provided by advocates – whether it is in forward charge or reverse charge. It may be mentioned that there is no change made… Read More

No change to Services provided by RWA under GST regime

Services provided by the Housing Society Resident Welfare Association (RWA) not to become expensive under GST; There is no change made to services provided by the Housing Society (RWA) to its members in the GST regime.  There are some press reports that services provided by a Housing Society [Resident Welfare Association (RWA)] will become expensive… Read More

No GST on Annual subscription/fees charged by educational institutions

No GST on Annual subscription/fees charged as lodging/boarding charges by educational institutions from its students for hostel accommodation;  Services provided by an educational institution to students, faculty and staff are fully exempt from GST. There are some reports that GST@18% will be levied on annual subscription/fees charged for lodging in hostels. This is not true. … Read More

Govt. clarifies tax in reverse charge on gold ornaments

Further clarification on tax in reverse charge on gold ornaments;  Sale of old jewellery by an individual to a jeweller will not make the jeweller liable to pay tax under reverse charge mechanism on such purchases; However, if an unregistered supplier of gold ornaments sells it to registered supplier, the tax under RCM will apply.… Read More

Govt. approves Creation of the Directorate of international Customs

F. No. A-1101312012017-Ad.IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise & Customs) 5th Floor, HUDCO Vishala Building, Bhikaji Cama Place, New Delhi, the 11th July, 2017. OFFICE MEMORANDUM Subject : Creation of the Directorate of international Customs –regarding. The undersigned is directed to say that it has been decided with the approval of… Read More

Govt. clarifies no hold up of import and export consignments, unless GSTIN is legally required

Instruction No. - 10/2017-Customs F. No. 450/119/2017-Cus.IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise & Custom) New Delhi dated the 6th July, 2017 To All Pr. Chief Commissioners/Chief Commissioners of Customs/Customs (Preventive) All Pr. Chief Commissioners /Chief Commissioners of Customs and Central Excise All Pr. Commissioners/Commissioners of Customs/Customs (Preventive)… Read More

No GST is applicable on such food supplied free:PIB

No GST is applicable on free food supplied in anna kshetras run by religious institutions;  prasadam supplied by religious places like temples, mosques, churches, gurudwaras, dargahs, etc. attracts Nil CGST and SGST or IGST, as the case may be.            There are media reports suggesting that GST applies on free food… Read More

Corrigendum to Notification No. 16/2017-Central Tax

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF EXCISE AND CUSTOMS) CORRIGENDUM New Delhi, the 10th July, 2017 G.S.R. 854(E).—In the notification of the Government of India, in the Ministry of Finance, Department of Revenue, No. 16/2017-Central Tax , dated the 7th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section… Read More

The Central Goods and Service Tax (Extention to Jammu and Kashmir) Ordinance, 2017

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 8th July 2017/Ashadha 17,1939 (saka) THE CENTRAL GOODS AND SERVICE TAX (EXTENTION TO JAMMU AND KASHMIR) ORDINANCE, 2017 No.3 of 2017   Promulgated by the President in the Sixty-eight Year of the Republic of India. An Ordinance to provide for the extension of the Central… Read More

The Integrated Goods and Services Tax (Extension to Jammu and Kashmir) Ordinance, 2017

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 8th July 2017/Ashadha 17,1939(saka) THE INTEGRATED GOODS AND SERVICE TAX (EXTENTION TO JAMMU AND KASHMIR) ORDINANCE, 2017 No.4 of 2017 Promulgated by the President in the Sixty-eight Year of the Republic of India. An Ordinance to provide for the extension of the Integrated Goods and… Read More

Gifts up to Rs 50,000/- per year by an employer to employee are outside the ambit of GST:PIB

Gifts up to a value of Rs 50,000/- per year by an employer to his employee are outside the ambit of GST. However, gifts of value more than Rs 50,000/- made without consideration are subject to GST, when made in the course or furtherance of business. Public Information  Bureau Government of India Ministry of Finance… Read More

CG clarifies the GST rate for Sanitary Napkins

GST rate for Sanitary Napkins  There are some remarks made by various column writers on GST rate on sanitary napkins. It may be mentioned that the tax incidence on this item before and after GST is the same or less. Sanitary napkins are classifiable under heading 9619. In pre-GST, they attracted concessional excise duty of 6% and… Read More

Presentations on Concepts of GST: Registration,Migration, transition and Invoice: PIB

Press Information Bureau Government of India Ministry of Finance 08-July, 2017 13:52 IST GST Ki Master Class III: Composition and record keeping  PPT on Composition and record keeping Basic Concepts of Transition & Invoice  PPT on Basic Concepts of Transition & Invoice Concepts of GST: Registration and Migration  PPT on Concepts of GST: Registration and… Read More

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