Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
The government has the power to furnish its recovery councils to your premises to obtain GST excluding any notice if your tax liability has been established in the necessary form is lower with respect to the invoices which is written in the outward supply form must bring. In the concerned GST framework, there are 2 […]
The 2 GST notifications are furnished dated 21st Dec 2021 so as to draw the specific GST amendments into the compliance imposed from 1st Jan 2022. GST Central Tax Notification No. 38/2021 The same ask for drawing down the imposition of the particular sub-rules of Rule 2 Central Goods and Services Tax (Eighth Amendment) Rules, […]
The Rajasthan High Court in the case of Vinayak Plylam Marketing Vs Superintendent, Central Goods, and Service Tax and Ors. rendered tax authority to immediately unblock the GST ITC claimed inside the electronic credit ledger via applicant since the statutory time limits given in Rule 86A of the CGST Rules, 2017 has passed. Advocate Prakul […]
GST surge with 18% for the government contracts shall come into compliance in January 2022 and might influence the infra projects and maintenance of the work in states. In the current times, the GST rate for the government is 12%, and the rate towards the private work contract is 18% GST rate. The same point […]
E-commerce operators (ECOs) such as Swiggy and Zomato shall be subjected to furnish 5% GST upon the restaurant services supplied from 1st January may be heckling with the generation of invoices on their own excluding the restaurants and third parties. In September 2021 it was circulated that the tax liability shall be on ECOs for […]
Telangana Industries Minister KT Rama Rao asked the Union government to refuse the proposed plan of GST hike from 5 to 12 per cent upon the garments and fabrics dated 1st Jan 2022. In the letter to Central textiles, Rama Rao mentioned that for the former 2 years the handloom sector passes through the tough […]
The government has reduced the GST rate on ethanol which is intended towards blending beneath the Ethanol blended petrol (EBP) program to 5% from 18%. Read Also: GST Impact on Petroleum Products in India Beneath the government’s Ethanol Blended Petrol (EBP) Programme, Oil Marketing Companies (OMCs) used to sell petrol blended within the ethanol up […]
Gujarat Authority of Advance Ruling (AAR) held that Petronet’s activity of re-gasification of LNG owned via its enrolled GST customers amounts to providing service by Job Work and 12% GST payable. The petitioner is the owner of Petronet LNG ltd furnished that the same gives re-gasification services to its clients on the LNG owned through […]
The GST council and government had released some of the best and exciting amendments and changes to bring forward the most required features to the GST applicability for the common people as well as organizations alike. Some GST amendments in compliance are late fee relaxation, lowering down of provisions doubts and more. You can check […]
