July 2017
Used Cars and GST by Bharat Bhushan (Advocate)
Sale of Used Cars – GST Implication. One thing about GST is certain and that is confusion. One of such confusions is about GST implications on sale of Old and used Cars. Business houses purchase Motor Cars for use of its staff on payment of GST at appropriate rate. Input Tax Credit of GST paid on Motor Cars is not
GST – Do You Know ??? LIABILITY FOR GST REGISTRATION & GST PAYMENTS – By Amit Aggarwal – C.A.
GST – Do You Know ??? LIABILITY FOR GST REGISTRATION&GST PAYMENTS : 1. As per Sec 22 of the CGSTAct 2017 (“the Act”), every supplier (including his agent) who makes a taxable supply i.e. supply of goods and / or services which are leviable to tax under GST law, and his Aggregate turnover in a financial year exceeds the threshold
GST bulletin
1.In case of Supply of lottery tickets by the state Govt, Union Territory and any local authority to the lottery distributor or selling agent, the GST shall be paid on reverse charge basis by the lottery distributor or selling agent. The tax liability on the lottery tickets shall be 100/112 of face value or price notified by the state govt
Export procedure and sealing of containerized cargo in the GST Law – Hunny Munjal
The Purpose of this article is clarify the export procedure defined in the Customs Circular No. 26/2017 Dated 01th.July.2017 in the Current GST Regime. Export/Import procedureis a major concern for the exporters & importers. The supplies of the goods and service for the exports has been categorized as “Zero Rated Supply” in the GST Law. The supplies can be
Period of limitation under GST law – R.K. Hasija (Advocate), GSTaxperts.
Period of limitation under GST law R K Hasija, Advocate, GSTaxperts GST law has been implemented replacing various tax statues, levying taxes and duties under Centre and states laws. The purpose of legislatingGST law has been to do away that multiple tax laws and introduce a single tax on the concept of one nation one tax. It has been the
Major Relief to Small Taxpayer’s in GST – Manoj Agarwal, GSTsathi, Rourkela
– REVERSE CHARGE U/s 9(4) EXEMPTED for Inward Supply Value upto Rs. 5000 in a Day The Central Government has issued Exemption Notification No. 8/2017-CT(Rate) dated 28-06-2017 giving relaxation to Registered Persons under GST from major (and draconian) compliance required under section 9(4) of the CGST Act, 2017. As per Section 9(4), every registered person (including composition dealer u/s 10)
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October 8, 2021
