Circular No. 22/22/2017-GST F. No. 349/58/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs GST Policy Wing New Delhi, dated 21st December, 2017 To, The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/ Commissioners of Central Tax (All) The Principal Director Generals/ Director Generals (All) Madam/Sir, Subject: Clarification on issues regarding treatment of supply by an
Ministry of Finance GST Rate on Goods as Recommended by The GST Council in Its 37th Meeting Posted On: 20 SEP 2019 9:59PM by PIB Delhi The 37thGST Council met in Goa today under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman . The meeting was also attended by Union Minister of State for Finance & Corporate
One of the Cardinal Principles of Trade is that you do not Export Taxes. Therefore, all the Economies generally levy no Tax on Export of Goods and Services and rather extend some incentive to compensate for the taxes suffered by inputs and input services. Special Economic Zones are considered as Territories beyond Customs Frontiers and therefore supplies to units located
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