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GST

Certain important issues referred by GST Council to various Committees / GoM

December 23, 2018 pcadmin Leave a Comment

Certain important issues referred by GST Council to various Committees / GoM             The GST Council in its 31st meeting held today at New Delhi decided to refer the following issues to Committees / GoM indicated against them: Extending the Composition scheme to small service providers. The rate of tax and threshold limit to be proposed - Law Committee and Fitment … [Read more...] about Certain important issues referred by GST Council to various Committees / GoM

Recommendations made during 31st Meeting of the GST Council

December 23, 2018 pcadmin Leave a Comment

Recommendations made during 31st Meeting of the GST Council The GST Council in its 31st meeting held today at New Delhi made the following policy recommendations: There would be a single cash ledger for each tax head. The modalities for implementation would be finalised in consultation with GSTN and the Accounting authorities. A scheme of single authority for … [Read more...] about Recommendations made during 31st Meeting of the GST Council

Reimbursement of Taxes/GST on the prescribed entitlement of Hotel accommodation/Guest House to Central Govt. employees : FINMIN

July 2, 2018 pcadmin Leave a Comment

Reimbursement of Taxes/GST on the prescribed entitlement of Hotel accommodation/Guest House to Central Govt. employees : FINMIN No. 19030/2/2017.E.IV Government of India Ministry of Finance Department of Expenditure New Delhi, the 29th June,2018 Office Memorandum Sub: Reimbursement of Taxes/GST on the prescribed entitlement of Hotel accommodation/Guest House to Central … [Read more...] about Reimbursement of Taxes/GST on the prescribed entitlement of Hotel accommodation/Guest House to Central Govt. employees : FINMIN

Implementation of GST Under the Ministry

December 21, 2017 pcadmin Leave a Comment

Implementation of GST Under the Ministry The implementation of GST in the country has been largely smooth barring a few teething problems. Further, it is informed that GST has been implemented in all sectors except on the supply of alcoholic liquor for human consumption, on the supply of petroleum crude, high speed diesel, motor spirit (commonly known as petrol), natural … [Read more...] about Implementation of GST Under the Ministry

Rs 83,346 crores collected under GST for the month of October 2017, received in November

November 27, 2017 pcadmin Leave a Comment

Rs 83,346 crores collected under GST for the month of October 2017, received in November (upto 27th Nov 2017)  A sum of Rs 83,346 crores has been collected as Total Revenue Collection under GST for the month of October, received in November till 27th November 2017.  95.9lakh taxpayers have been registered under GST so far, of which 15.1 lakh are composition dealers who are … [Read more...] about Rs 83,346 crores collected under GST for the month of October 2017, received in November

Cabinet approves promulgation of the Goods and Services Tax (Compensation to States) Ordinance, 2017

August 30, 2017 pcadmin Leave a Comment

Cabinet approves promulgation of the Goods and Services Tax (Compensation to States) Ordinance, 2017 The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval to the proposal of the Finance Ministry to promulgate an ordinance to suitably amend the Goods and Services Tax (Compensation to States) Act, 2017. The approval would allow to increase the … [Read more...] about Cabinet approves promulgation of the Goods and Services Tax (Compensation to States) Ordinance, 2017

FREQUENTLY ASKED QUESTIONS IMPLEMENTATION OF GST : CSD

July 31, 2017 pcadmin Leave a Comment

FREQUENTLY ASKED QUESTIONS IMPLEMENTATION OF GST : CSD ISSUES CONCERNING DEPOTS Q. What will be the format of Purchase Orders in GST Regime? A. Purchase orders in the existing VAT regime will continue after removing the columns such as VAT columns VAT, CST etc and by adding the following fields :- (a) GSTN of respective depot (b) GST rate applicable for the index. (c) HSN … [Read more...] about FREQUENTLY ASKED QUESTIONS IMPLEMENTATION OF GST : CSD

Benefits of the reduced rates/tax rebate to the consumers post GST

July 28, 2017 pcadmin Leave a Comment

Benefits of the reduced rates/tax rebate to the consumers post GST  The GST Council comprising the representatives of Central and State Government recommended the GST rates for goods and services, interalia taking into account the pre-GST indirect taxes incidence on goods and service. The GST rates on goods have since been notified. With the GST rates so notified the tax … [Read more...] about Benefits of the reduced rates/tax rebate to the consumers post GST

GST roll-out – Complete transformation of the Indirect Taxation Landscape

June 30, 2017 pcadmin Leave a Comment

GST roll-out – Complete transformation of the Indirect Taxation Landscape; Some minute details of how it happened Goods and Services Tax (GST), a historic tax reform, will come into effect from tomorrow i.e.1st July, 2017. GST will completely transform the Indirect Taxation landscape in the country involving both the Central and State levies. In a departure from the normal … [Read more...] about GST roll-out – Complete transformation of the Indirect Taxation Landscape

Government has declared 50% exemption of GST to CSD

June 21, 2017 pcadmin Leave a Comment

Government has declared 50% exemption of GST to CSD Integrated HQ Min of Def(Army) Quartermaster Generals’ Branch Canteen Services Directorate Wing-III, West Block-3, R.K.Puram, New Delhi-110066 95350/Q/DDGCS/Advisory/10-2017 16 Jun 2017 HQ Southern Command (OL)                                HQ Eastern Command (OL) HQ Western Command (OL)                             … [Read more...] about Government has declared 50% exemption of GST to CSD

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