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Representations have been received seeking clarification regarding GST rate on parts of Sprinklers or Drip Irrigation System, when they are supplied separately ( i.e. not along with entire sprinklers or drip irrigation system).

G.S.R (E),– In exercise of the powers conferred by section 128 of the CGST Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Central Government, on the recommendations of the Council

GSR(E).-In exercise of the powers conferred by sub-section (3) of section 9 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council,

Understanding different types of tax payments can often lead to confusion among taxpayers. Two commonly misunderstood types are Advance Tax and Self-Assessment Tax.

In the digital age, businesses wield a powerful tool for managing customer data known as Customer Information Files (CIFs). These electronic repositories, commonly associated with banks, harbor a wealth of information crucial for understanding and servicing customers. As we unravel the layers of Customer Information Files, their significance extends beyond banking, influencing diverse sectors in the corporate landscape.

GSR (E).- In exercise of the powers conferred by sub-section (3) of section 7 of the UTGST Act, 2017 (14 of 2017), the Central Government, on the recommendations of the Council,

Subject: Order No. 02/2019-Central Tax: Seeks to amend Removal of Difficulties Order no 4/2018-CT to extend the due date for furnishing of FORM GSTR 8 for the months of October, 2018 to December, 2018 till 07.02.2019

The Debt-Service Coverage Ratio measures how much of your income is available to pay off your debts. Financial institutions, especially banks, use this ratio to check if an applicant is financially strong enough to repay loans. It helps them evaluate the risk of lending money.

In the intricate world of global finance, the concept of a currency peg emerges as a double-edged sword, either ensuring economic stability or laying the groundwork for potential turmoil. A currency peg involves a government or monetary authority fixing an exchange rate with a foreign currency, a move that can either be a shield against market volatility or a vulnerability to speculative forces.

4. A representation has been received from Tea Board, seeking clarification whether they should collect TCS under section 52 of the CGST Act from the sellers of tea (i.e. the tea producers), or from the auctioneers of tea or from both.