GST News
No GST on Annual subscription charged as lodging charges by educational institutions
14 July 2017 at 11:21No GST on Annual subscription/fees charged as lodging/boarding charges by educational institutions from its students for hostel accommodation; Services provided by an educational institution to students, faculty and staff are fully exempt from GST. T
Clarification on tax in reverse charge on gold ornaments
14 July 2017 at 11:21Further clarification on tax in reverse charge on gold ornaments; Sale of oldjewellery by an individual to a jeweller will not make the jeweller liable to pay tax under reverse charge mechanism on such purchases;However, if an unregistered supplier o
No GST is applicable on free food supplied at religious institutions
12 July 2017 at 11:53No GST is applicable on free food supplied in anna kshetras run by religious institutions; prasadam supplied by religious places like temples, mosques, churches, gurudwaras, dargahs, etc. attracts Nil CGST and SGST or IGST, as the case may be. There
Gifts upto Rs 50000 by employer to employee outside GST ambit
11 July 2017 at 11:08Gifts up to a value of Rs 50,000/- per year by an employer to his employee are outside the ambit of GST. However, gifts of value more than Rs 50,000/- made without consideration are subject to GST, when made in the course or furtherance of business.
GST rate for Sanitary Napkins
11 July 2017 at 11:08There are some remarks made by various column writers on GST rate on sanitary napkins. It may be mentioned that the tax incidence on this item before and after GST is the same or less. Sanitary napkins are classifiable under heading 9619. In pre-GST,
Prices of appliances under UJALA revised after GST comes into effect
10 July 2017 at 10:309W LED bulbs to cost Rs70, 20W LED tube light to cost Rs 220 & 5-star rated fans will be available at Rs 1,200Consumers appealed not to pay any amount over and above the prices fixed by EESL for the UJALA appliancesThe prices of energy efficient
Clarification on Migration, New Registration, Composition Scheme and Issue of Bills of Supply
10 July 2017 at 10:30The Rules related to Registration and Composition Scheme have been notified on 19th June, 2017. These Rules have been brought into effect from 22nd June, 2017. The intent of notifying these rules is to start the process of issue of registration certi
No officer to visit premises of traders and shopkeepers without authorization
10 July 2017 at 10:30Clarification by the Office of the Chief Commissioner of GST (Delhi Zone) that no officer of the Department is authorized to visit the premises of the traders and shopkeepers without authorization; In case of any difficulty, complain at Phone no. 011
The state of J&K joins GST
10 July 2017 at 10:30The State of Jammu and Kashmir joins GST today making the GST truly a "one nation, one tax" regime. The President of India has promulgated today two ordinances, namely, the Central Goods and Services Tax (Extension to Jammu and Kashmir) Ord
No change in education taxability in GST era clarifies Govt
08 July 2017 at 10:25The Central Government: There is no change made in any subject relating to education in the GST era, except to reduce tax rate on certain items of education such as school bags etc.; Denies the reports that education will become expensive under GST;
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