Legal Update - Corporate Law Reporter

Clarifications regarding GST in respect of certain services

Circular No. 34/8/2018-GST 1 F. No. 354/17/2018-TRU Government of India Ministry of Finance Department of Revenue Tax research Unit **** Room No. 146G, North Block, New Delhi, 1 st March 2018 To, The Principal Chief Commissioners/ Chief Commissioners/ Principal Commissioners/ Commissioner of Central Tax (All) / The Principal Director Generals/ Director Generals (All) Madam/Sir, Subject:… Read More

CBEC circular on taxable services provided by the members of the Joint Venture

Circular No. 35/9/2018-GST 1 F. No. B-1/20/2016-TRU Government of India Ministry of Finance Department of Revenue Tax research Unit **** Room No. 146G, North Block, New Delhi, 5 th March 2018 To, The Principal Chief Commissioners/Chief Commissioners/ Principal Commissioners/ Commissioner of Central Tax (All) / The Principal Director Generals/ Director Generals (All) Madam/Sir, Subject: Joint… Read More

CBEC chairman: Strictly Adhere to time frame to avoid any delay in filing the of SLPs and Appeals

Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs North Block, New Delhi – 110 001 Tel. : +91-11-23092849, Fax : +91-11-23092890 E-mail : chmn-cbec@nic.in Vanaja N. Sarna Chairman DO. No. 07/CH(EC)/2018 Dated 16th February, 2018 Dear Colleagues, I am informed that one of the newly established Zonal Training Institutes… Read More

GST council recommends housing sector to promote Affordable Housing for the masses

Recommendations made by the GST Council for the Housing Sector to promote Affordable Housing for the masses come into force Concessional Rate of GST of 12% extended to construction of houses constructed/ acquired under the Credit Linked Subsidy Scheme for EWS, LIG, MIG sections In its 25th Meeting held on 18th January, 2018, the GST Council had… Read More

GST Council recommends granting relief from GST on services provided by RWAs to their members

GST Council recommends granting relief from GST on services provided by the Resident Welfare Associations (RWAs) to their Members Threshold Exemption Limit under GST for monthly contributions made by members for services provided by RWAs raised from Rs. 5,000 to Rs. 7,500 per month per person In its 25th Meeting held on 18th January, 2018, the GST… Read More

GST rate on admission to amusement parks and ballet etc, reduced from 28% to 18%

GST rate on admission to amusement parks and ballet etc, reduced from 28% to 18%. In its Meeting held on 18th January, 2018, the GST Council had recommended reduction of GST rate on services by way of admission to Amusement Parks including theme parks, water parks, joy rides, merry-go-rounds, go-carting and ballet from 28% to 18%. These… Read More

GST Council recommends relief in GST on Circus, Dance and Theatrical Performances

GST Council recommends relief in GST on Circus, Dance and Theatrical Performances Threshold Exemption under GST for admission to such cultural and sports events in the country increased from Rs. 250 to Rs. 500 per person. In its Meeting held on 18th January, 2018, the GST Council has recommended that for the purpose of GST exemption,… Read More

Goods and Services Tax Settlement of Funds (Amendment) Rules, 2018

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 6th February, 2018 G.S.R. 145(E).—In exercise of the powers conferred by section 53 read with section 17 of the Central Goods and Services Tax Act, 2017 (12 of 2017), sections 17 and 18 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017)… Read More

CBEC postpons the enforcement of the E-way bill Rules

`[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 11/2018 – Central Tax New Delhi, the 2 nd February, 2018 G.S.R……(E):- In exercise of the powers conferred by section 164 of the… Read More

Govt. cross-empowers State tax officers for processing and granting of refund

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 10/2018 – Central Tax New Delhi, the 23rd January, 2018 G.S.R....(E).- In exercise of the powers conferred by sub-section (1) of section 6… Read More

Govt. extends date for filing the return in FORM GSTR-6

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 8/2018 – Central Tax New Delhi, the 23rd January, 2018 G.S.R....(E).- In exercise of the powers conferred by sub-section (6) of section 39… Read More

Govt. notifies e-way bill website www.ewaybillgst.gov.in

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 9/2018 – Central Tax New Delhi, the 23rd January, 2018 G.S.R....(E).- In exercise of the powers conferred by section 146 of the Central… Read More

Reduction of late fee in case of delayed filing of FORM GSTR-6

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 7/2018 – Central Tax New Delhi, the 23rd January, 2018 G.S.R……(E):- In exercise of the powers conferred by section 128 of the Central… Read More