• twitter-icon

Search results for: goods or services

No GST e-way Bill for Principal Supply is Service

No Need GST EWB When Supplying Only Services Without Goods

Recently the goods and services tax network (GSTN) has cleared that there is no requirement of e-way bills (EWB) for the only supply of services that constitutes the principal component of the transaction. However if in case the transaction is of both goods and services, the waybill is required to be generated with mentioning of […]

GST ITC on Goods/Services Under the REC Scheme

Claim GST ITC on Goods/Services While Working for Renewable Power Generation of the REC Scheme: AAR

The Tamil Nadu Authority of Advance Ruling (AAR) directed that on Goods/Services Input Tax Credit can be proportionately claimed used in the installation of Renewable Power Generation Plant comes under the ‘Renewable Energy Certificate (REC) Scheme’. The petitioner is the owner of Kumaran oil mills said that they are generating electricity via photovoltaic solar panels […]

Work Contracts Applicability on Immovable Property

AAR: Immovable Properties with No Distinct Goods and Services Levy Work Contracts

The Authority of Advance Ruling (AAR) Maharashtra came up with a ruling that clarifies that immovable properties with no distinct goods and services will attract Work Contracts. The said ruling comes into a case where Prasa Infocom & Power Solutions Private Limited is the applicant. And it is engaged in the business of providing data […]

Adoption Fee No GST

Adoption Fee Out Of GST Ambit As Goods and Services Missing

Child adoption fee, paid by the soon-to-be parents does not come under the purview of Goods and Services Tax, according to the Maharashtra bench of the Authority for Advance Rulings. Since the adoption agencies do not provide any services that may promote their operations and children can also not be treated as goods, the imposition […]

GST Revenue Collection

Goods & Services Tax Collections Are Far From Being A Norm

The collection of GST (Goods and Services) was the highest in the month of April till now but this sudden increase in the GST revenue is far from the sight of becoming the permanent norm. In April 2019, the GST revenue increased by 10 per cent i.e. INR 1.13 trillion ($16 billion) as compared to […]

Follow Us on Google News

Google News

Latest Posts

New Offer for Tax Experts

Huge Discount on Tax Software

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Easy to File Tax/GST Returns

Upto 20% Off on Tax Software

    Select Product*

    Current GST Due Dates