GST Concession on Cars for Persons with Disability (PwD)
GST Concession on Cars for Persons with Disability (PwDs) The living cost for a physically challenged community in India is comparatively high. The public transportation can’t conveniently be used by...
View ArticleRoDTEP Scheme
RoDTEP Scheme – Remission of Duties or Taxes on Export Product (RoDTEP) The Government of India (GoI) has introduced Remission of Duties or Taxes on Export Product (RoDTEP) scheme to replace the...
View Article37th GST Council Meeting
37th GST Council Meeting On September 20, 2019, the Ministry of Finance (MoF) conducted the 37th GST Council Meeting in Goa. The meeting primarily focused on recommendations to law and procedure, GST...
View ArticleGST Annual Return NOT Required
GST Annual Return NOT Required The GST Council in its 37th meeting announced that GST annual return is not required for small businesses with a turnover of less than Rs. 2 crores. The relaxation is...
View ArticleExemption of GST for Dried Tamarind and Cups
Exemption of GST for Dried Tamarind and Cups The GST vide Circular No.15/2019-Union territory tax (Rate) dated on 30th September 2019 has clarified that the dried tamarind and cups exempted from GST....
View ArticleGST Exemptions to Food and Agricultural Organisations (FAO)
GST Exemptions to Food and Agricultural Organisations (FAO) As per the latest GST Council meeting held on 20th September 2019, the council announced exempted or reduced Goods and Services Tax in the...
View ArticleGST Exemption on Gold, Silver and Platinum
GST Exemption on Gold, Silver and Platinum As per the latest GST Council meeting held on 20th September 2019, the council announced exempted or reduced Goods and Services Tax in the interest of the...
View ArticleGST on Train Tickets
GST on Train Tickets The Indian Railways has been brought under GST for both its passenger transportation as well as its goods transportation. Prior to the implementation of GST, service tax was...
View ArticleGST on R&D Services
GST on R&D Services The GST vide Circular No.04/2019- Integrated Tax dated on 30th September 2019 has clarified the place of supply for research and development services related to the...
View ArticleGST Due Date Extension
GST Due Date Extension – 37th GST Council Meeting As per the 37th GST Council meeting, Government of India has issued a notification No. 48/2019 on 9th October 2019. Through this notification, CBIC...
View ArticleGST Exemption to Maritime Training Institutes
GST Exemption to Maritime Training Institutes As per the circular from the Ministry of Finance on 11th October 2019, the applicability of GST exemption is extended to Maritime Training Institutes. The...
View ArticleGST on Airport Levies
GST on Airport Levies As per latest circular from the Ministry of Finance on 11th October 2019, the CBIC has issued a clarification for GST applicable on airport levies, stating that since airport...
View ArticleConcessional GST Rate for Special Items of Physically Challenged Persons
Concessional GST Rate for Special Items of Physically Challenged Persons The Ministry of Finance (MoF) has notified to provide concessional GST rates for the special twenty items for the physically...
View ArticleGrievance Redressal Portal for GST
Grievance Redressal Portal for GST GST Grievance Redressal Portal (GRP) is an online portal that has been introduced by the Government which provides an effective resolution of grievances addressed by...
View ArticleForm GST DRC-03
Form GST DRC-03 The Central Government of India has introduced facilitation called Payment on Voluntary Basis through Form GST DRC-03 for the taxpayers to make payments for any causes like Audit,...
View ArticleGST on Security Service
GST on Security Service It is interesting to note that the term Security Service is not defined under the GST Act. However, in common parlance, Security Service means service rendered by any person...
View ArticleNo GST for Duty-Free Shops
No GST for Duty-Free Shops As per the Authority of Advance Ruling (AAR), the court ruling has clarified that goods sold at the Duty-Free Shops at the arrival and departure terminals of international...
View ArticleGST for Jammu & Kashmir and Ladakh
GST for Jammu & Kashmir and Ladakh On 5th August 2019, the Indian Government withdrew the special status for the State of Jammu & Kashmir which was governed by Article 370 of the constitution...
View ArticleGST on Affordable Housing
GST on Affordable Housing To boost the real estate sector and also taking a step forward towards achieving the housing for all target, recently Government has reduced the GST rates as applicable on the...
View ArticleGST on Renting of Motor Vehicle
GST on Renting of Motor Vehicle The indirect tax implication on renting of motor vehicles service has always driven the attraction because of its complicated abatement/ exemption treatment in the...
View Article