July 3rd, 2017

3
Jul

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

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3
Jul

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

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