Tag: Press Releases
Union Finance Minister Shri Arun Jaitley, in reply to a query in Rajya Sabha, has said that the organized traders and unorganized sellers in Textile Sector have not been …
The CBEC has clarified the position regarding applicability of the Margin Scheme under GST for dealers in second hand goods in general and for dealers in old and used …
The CBEC has clarified certain issues relating to applicability of GST based on Reverse Charge Mechanism (RCM) in the case of legal services provided by Advocates. Further, CBEC has asserted that …
Gifts, by an employer to his employee, having aggregate value of upto Rs 50,000/- per year, are outside the ambit of GST, i.e. exempt from GST. However, gifts above …
CBEC has issued a Press Release that Hon'ble President of India has promulgated two ordinances, namely, the CGST (Extension to Jammu and Kashmir) Ordinance, 2017 and the IGST (Extension …
Govt. allows change in MRP (through stamping, stickers or online printing) on unsold stock as on 30 June 2017, i.e. prior to GST implementation w.e.f. 1 July 2017, for …
he CBEC has clarified that CGST rate of 5% will not be applicable on the supply of goods unless the brand name or trade name is actually registered with …
Department of Revenue (GoI) and the CBEC has organised "GST Ki Master Class" for detailed deliberations on GST, during 6 July 2017 to 12 July 2017. GST Ki Master …
In view of the concerns of trade and industry regarding the provisions of TDS/ TCS under Sections 51/ 52 of the CGST/ SGST Act 2017 and to ensure smooth GST …
In view of the concerns of stakeholders about GST rollout on 1 July 2017, CBEC has announced relaxation in due dates for filing of GST Returns in the initial …