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Corrigendum to Circular No. 28/02/2018-GST

“It is immaterial whether the service is provided by the educational institution itself or the institution outsources the activity to an outside contractor.”

Circular No. 28/02/2018 – GST: Clarifications regarding GST on College Hostel Mess Fees.

Queries have been received seeking clarification regarding the taxability and rate of Goods and Service Tax on services by a college hostel mess. The clarification is as given below:

Circular No. 29/3/2018 – GST: GST dated 25.01.2018 seeks to clarify applicability of GST on Polybutylene feedstock and Liquefied Petroleum Gas retained for the manufacture of Poly Iso Butylene and Propylene or Di-butyl para Cresol.

References have been received related to the applicability of GST on the Polybutylene feedstock and Liquefied Petroleum Gas retained for the manufacture of Poly Iso Butylene and Propylene or Di-butyl para Cresol.

Circular No. 30/4/2018 – GST: GST dated 25.01.2018 clarification regarding supplies made to the Indian Railways classifiable under any chapter, other than Chapter 86.

Representations have been received that certain suppliers are making supplies to the railways of items classifiable under any chapter other than chapter 86, charging the GST rate of 5%.

Circular No. 31/05/2018 – GST: Proper officer

Explore Circular No. 31/05/2018 – GST: Section 73 & 74 CGST Act 2017, its implications for taxpayers. Get informed and stay compliant with the latest updates.

Circular No. 32/06/2018 – GST: Clarifications regarding GST in respect of certain services as decided in 25th GST Council meeting.

I am directed to issue clarification with regard to the following issues approved by the GST Council in its 25th meeting held on 18th January 2018:-

Circular No. 33/07/2018 – GST: Directions under Section 168 of the CGST Act regarding non-transition of CENVAT credit under section 140 of CGST Act or non-utilization thereof in certain cases-reg..

In exercise of the powers conferred under section 168 of the CGST Act, 2017 (hereinafter referred to as “Act”), for the purposes of uniformity in implementation of the Act, the Central Board of Excise and Customs hereby directs the following.

Circular No. 34/8/2018 – GST: Clarification regarding GST in respect of certain services.

I am directed to issue clarification with regard to the following issues as approved by the Fitment Committee to the GST Council in its meeting held on 9th, 10th and 13th January 2018:-

Circular No. 35/9/2018 – GST: Clarification regarding taxable services provided by the member of the Joint Venture (JV) to the JV and vice versa and inter se between the members of the JV.

GST is levied on intra-State and inter-State supply of goods and services. According to section 7 of CGST Act, 2017, the expression “supply” includes all forms of supply of goods or services or both such as sale, transfer, barter, exchange, licence, rental, lease or disposal made or agreed to be made for a consideration by a person in the course or furtherance of business, and includes activities specified in Schedule II to the CGST Act, 2017.

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Shielding Your Business: A Comprehensive Guide to Business Continuity Planning (BCP)

Business Continuity Planning (BCP) is like a safety net for businesses, ready to cushion the impact when the unexpected hits. It’s more than just disaster management—it’s a strategic contingency plan ensuring the safety of a company’s assets, processes, and resources against unforeseen disruptions.

FAQs on GST applicability on ‘pre-packaged and labelled’ goods- reg

The changes relating to GST rate, in pursuance of recommendations made by the GST Council in its 47th meeting, are coming into effect from the 18th of July, 2022. One such change is moving from imposition of GST on specified goods when bearing a registered brand or brand in respect of which an actionable claim or enforceable right in a court of law is available to imposition of GST on such goods when “pre-packaged and labelled”. Certain representations have been received seeking clarification on the scope of this change, particularly in respect of food items like pulses, flour, cereals, etc. (specified items falling under the Chapters 1 to 21 of the Tariff), as has been notified vide notification No. 6/2022-Central Tax (Rate), dated the 13th of July, 2022, and the corresponding notifications for SGST and IGST.

FAQ on GST for Traders (Frequently Asked Questions)

Under GST, a trader would be entitled to avail input tax credit paid on their domestic procurements of goods and services unlike the present indirect tax regime. Presently, a significant portion of indirect taxes namely Central Excise and Service Tax form part of the cost component for a trader.

Order No. 01/2022 – GST: Authorization Under CGST Rules

Explore Order No. 01/2022 – GST: Authorisation Under CGST Rules & its implications for taxpayers. Get informed and stay compliant with the latest updates.

Electronic Way Bill in GST

Electronic Way Billi’s a document required for movement of goods and it includes details such as name of consignor, consignee, transporter, the point of origin of the movement of godsend its destination.Electronic Way Bill (e-way bill) is basically a compliance mechanism wherein by way of a digital interface the person causing the movement of goods uploads the relevant information prior to the commencement of movement of goods and generates e-way bill on the GST portal.

Order No. 01/2020 – GST: Extension of FORM GST TRAN-1

Explore Order No. 01/2020 – GST: Extension of FORM GST TRAN-1 & its implications for taxpayers. Get informed and stay compliant with the latest updates.

Order No. 01/2020 – CT: Revocation of Cancellation of Reg.

Explore Order No. 01/2020 – CT: Revocation of Cancellation of Reg. & its implications for taxpayers. Get informed and stay compliant with the latest updates.

FAQs On TCS Under GST (Frequently Asked Questions)

As per Section 2(44) of the CGST Act, 2017, electronic Commerce means the supply of goods or services or both, including digital products over digital or electronic network.

FAQs on Anti-profiteering provisions (Frequently Asked Questions)

In terms of Section 171 of the CGST Act, 2017, the suppliers of goods and services should pass on the benefit of any reduction in the rate of tax or the benefit of input tax credit to the recipients by way of commensurate reduction in prices. The wilful action of not passing on the above benefits to the recipients in the manner prescribed is known as “profiteering”.

Order No. 01/2019 – GST: Extension of time limit for TRAN-1

Explore Order No. 01/2019 – GST: Extension of time limit for TRAN-1 & its implications for taxpayers. Get informed and stay compliant with the latest updates.

Circular No. 158/14/2021: Revocation of GST Registration

Understand Circular 158/14/2021-GST on the extended time limit for revocation of cancelled GST registration under Notification No. 34/2021-Central Tax with practical examples and FAQs.

Notification No. 12/2021 – Central Tax GSTR-1 Extension

Know all about Notification No. 12/2021 – Central Tax extending GSTR-1 due date for April 2021. Stay GST compliant with Finodha GST experts & professionals.

GST Number Format: Complete Guide to GSTIN Structure in India with Examples

Understanding the GST number format is essential for anyone involved in business, accounting, or compliance in India. The GST number, known as the GSTIN, is a unique 15-digit code assigned to every registered taxpayer under the Goods and Services Tax system. Knowing...

Section 43. Matching, reversal and reclaim of reduction in output tax liability. –

Important Keyword:  Notification No. 18/2022 - CT, Section 50, Section 39, Section 43. Table of Contents GST Section 43. Matching, reversal and reclaim of reduction in output tax liability. -  Enforced w.e.f. 22nd June, 2017. 1. Omitted (w.e.f. 1st...

Section 13. Laying of rules before Parliament.

Every rule made under this Act by the Central Government shall be laid, as soon as may be after it is made, before each House of Parliament,

Circular No. 80/54 /2018 – GST: Clarification regarding GST rates & classification (goods)

Representations have been received seeking clarification regarding GST rate applicable on the other raw materials/inputs used for making cattle/poultry/aquatic feed. The classification dispute here is between the following two entries in the two notifications. The details are as under:

Order No. 01/2017-Union Territory Tax: To remove difficulties in implementing provisions of composition scheme.

Important Keyword: Order No. 01/2017-Union Territory Tax, Section 21 UTGST Act 2017, Section 10 CGST Act 2017, Section 26 UTGST Act 2017, F. No. 354/173/2017-TRU. TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii) Government...

INSTRUCTION: 01/2019 – 20 Arrest under GST- Filing of Caveat in Hon’ble Supreme Court

It has been observed that in many cases of issuance of fake invoices and availment of ITC on the basis of fake invoices, the persons who have orchestrated/perpetuated these fraudulent acts are seeking judicial intervention through Hon’ble High Courts especially by challenging the power of arrest in terms of Section 69 of the CGST Act, 2017.

Section 37. Furnishing details of outward supplies. –

Every registered person, other than an Input Service Distributor, a non-resident taxable person and a person paying tax under the provisions of section 10 or section 51 or section 52,

Notification No. 51/2023 🧾 | CGST Rules Updated

Notification No. 51/2023 – Central Tax, CGST Third Amendment Rules, online gaming GST, casino actionable claims GST, GSTR-5A updates, Finodha GST experts,