roccoligon

8
Oct

What is meant by ‘Intermediary” – Why GST Council Had to Clarify Meaning And Scope of ‘Intermediary’.

All the economies in the world tries to maximize their foreign exchange earnings.  For this purpose they tax only those goods and services which are provided in their taxable territory.   And export of goods and services is not only kept exempt from tax, rather various  export incentive schemes are launched to earn more and more foreign exchange.  Export of goods

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7
Oct

Dry Fruit GST Rate – Clarification By GST Council !

Fresh Nuts like Almond, Walnut, Hazelnut etc. are exempt from GST Levy, while dried nuts attract GST @ 5% or 12%.  Clarifications were sought regarding the distinction between fresh & dried dry-fruits.   The issue was discussed in 45th GST Council Meeting held on 17th September 2017 and its recommendations are circulated by CBIC Ciruclar No. 163 / 19 /2021 -GST. 

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27
Sep

The words “any proceeding” in the proviso to Section 98(2) of the CGST Act encompass within its fold the investigation proceedings launched by the DGGI under Section 70 of CGST Act: AAR

Case Name: M/s. V.L.Traders Appeal Number: GUJ/GAAR/R/49/2021 Date of Order: 27-08-2021 The applicant M/s. V. L. Traders approached Gujarat advance ruling authority for classification of papad of different sizes and shapes, and applicable rate on them. The applicant had declared that it has no proceedings pending with respect to subject questions raised in the application. The Advance Ruling Authority ruled that DGGI had initiated

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12
Jun

Declare Lockdown Period as Zero Period.

A humble suggestion for minimising  damage to economy by waiver of Interest, rent, wages for the lock-down period.) The unprecedented situation created by the outbreak of COVID -19 has devastating effects on the economy. Governments all over the world have reacted similarly to deal with its economic impact, like granting a moratorium on repayment of  loan, suspending  operation of insolvency

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2
Nov

Circular No. 22/2017

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

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21
Sep

How to File SVLDRS 1 with LIVE DEMO (In Hindi)

https://youtu.be/dIT41XbHbbw
21
Sep

GST Rate on Goods as Recommended by The GST Council in Its 37th Meeting

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

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21
Sep

Recommendations of GST council related to law &procedure

Ministry of Finance Recommendations of GST council related to law &procedure Posted On: 20 SEP 2019 10:08PM 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 Affairs Shri Anurag Thakur besides

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21
Sep

Decisions on Services taken by the GST Council in its 37th Meeting held on 20.09.2019 at Goa-reg.

Ministry of Finance GST Rate on Services as Recommended by The GST Council in Its 37th Meeting Posted On: 20 SEP 2019 10:04PM 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

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14
Sep

How to File SVLDRS 1 with LIVE DEMO (In Hindi)

https://youtu.be/dIT41XbHbbw