Tag: GST Rates
CBIC has waived the late filing fees for taxpayers who failed to file GSTR-3B during Oct. 2017 to April 2018 due to technical issues of GST TRAN-1 (submitted but …
GST Council has recommended to simplify the return filing process under GST (one monthly return), no automatic reversal of ITC for safety of buyers, 2% lower GST rate for …
CBIC (CBEC) has clarified that a uniform rate of 5% GST (without ITC) shall be applicable in the case of supply of food and drinks in trains, platforms or stations …
The CBEC has issued various Notifications for change in GST Rates (CGST/ IGST/ UTGST) of various items of Goods and Services applicable w.e.f. 25 Jan. 2018, as recommended by …
CBEC has notified/ prescribed 0.5% tax rate (reduced from 1%) for composition scheme under GST, applicable w.e.f. 1 Jan. 2018, in respect of manufacturers and suppliers.
Govt. had announced on 23 Dec. 2017 about relaxation of Requirement under GST laws for Display of Revised MRP due to reduction of GST Rates on Unsold Stock as …
The CBEC has clarified on the matters relating to classification of Terracotta idols and that 'Nil' GST Rate would be applicable thereon.
CGST rates on various items of goods have changed through amendment Notifications issued by CBEC from time to time, which makes it difficult to ascertain the latest effective rate of …
The CBEC has issued Notifications for exemption from GST (CGST/ IGST/ UTGST) in respect of admission service provided by certain notified/ declared protected monuments, applicable w.e.f. 15 Nov. 2017, in line …
CBEC has issued Notifications to insert provisions relating to GST Payable (CGST/ IGST/ UTGST) for Raw Cotton under Reverse Charge (RCM), in the case of supply by the Agriculturist, …