GST News

FAQs on Ethical Issues relating to GST by ICAI

17 November 2017 at 11:16

Q1. Whether a member in practice can engage as GST practitioner?A. Yes, a member in practice can engage as GST practitioner , as theactivities to be performed by GST practitioner mentioned in CGSTAct, 2017 read with CGST Rules, 2017 are within the pu

Posted in GST | 5604 Views

Cabinet approves the establishment of the National Anti profiteering Authority under GST

17 November 2017 at 11:16

The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for the creation of the posts of Chairman and Technical Members of the National Anti-profiteering Authority (NAA) under GST, following up immediately on yesterday

Posted in GST | 2586 Views

GST Rate Changes Come into effect on 178 items

16 November 2017 at 12:07

GST Rate Changes Come into effect on 178 items where rate has been brought down from 28% to 18%; Consumers may take note of reduction in Price/MRP on these Goods In the 23rd meeting held on the 10th November, 2017, the GST Council had recommended maj

Posted in GST | 5 comments | 6471 Views

Locate GST Practitioners on GST portal

16 November 2017 at 12:07

Posted in GST | 3 comments | 6216 Views

Notification issued of changes in 23rd GST council meeting

15 November 2017 at 16:14

Notification issued post 23rd Council Meeting held on 10th Nov 2017CGST Notifications :Notification No. 47/2017-Central Tax (Rate) ,dt. 14-11-2017Seeks to amend notification No. 12/2017-CT(R) so as to extend exemption to admission to �protected

Posted in GST | 9348 Views

Accepting of UIN instead of GST number for Foreign missions

14 November 2017 at 11:02

Accepting of Unique Identity Number of Foreign Diplomatic Missions / UN Organizations while making sales or supplies Various representations have been received from Foreign Diplomatic Missions / UN Organizations regarding unwillingness of the vendors

Posted in GST | 3435 Views

Exemption from IGST on import of specific sports goods

13 November 2017 at 10:40

In a major impetus to promoting sports in the country, the GST Council in its 23rd meeting held at Guwahati on 10th November, 2017, has exempted the import of specific sports goods by sports persons of outstanding eminence from the ambit of Integrate

Posted in GST | 3807 Views

Changes recommended in Composition Scheme

11 November 2017 at 10:48

The following changes were recommended in the Composition Scheme on the basis of discussions held in the 23rd meeting of the GST Council held at Guwahati today.i. Uniform rate of tax @ 1% under composition scheme for manufacturers andtraders (for tra

Posted in GST | 2 comments | 8397 Views