RESS RELEASES

S.No.
Dated
Subject
20
22-July-2017
To address the concerns of taxpayers arising from Transition to the GST regime, the Government decides to extend the time limit for filing intimation for Composition Levy (filing of intimation FORM GST CMP-01) up to 16th August, 2017; The period of applying for Cancellation of Registration is being extended up to 30th September, 2017.
19
July 18, 2017
FM: Organized traders and unorganized sellers in Textile Sector have not been affected by the Goods and Services Tax (GST).
18
July 18, 2017
GST exemption for products used by differently abled people
17
July 18, 2017
GST exemption for products used by differently abled people
16
18-July-2017
Government clarifies that accommodation in any hotel, including 5-star hotels, having a declared tariff of a unit ofaccommodation of less than INR 7500 per unit per day, will attract GST @ 18% ; Star rating of hotels is, therefore, irrelevant for determining the applicable rate of GST.
15
17-July-2017
Increase in the Compensation Cess rate on cigarettes to make the total tax incidence on cigarettes in GST regime at par with the total tax incidence in pre-GST regime.
14
15-July-2017
Position regarding applicability of GST on Legal Services provided by individual Advocates including Senior Advocates and a Firm of Advocates.
13
15-July-2017
Position regarding applicability of the Margin Scheme under GST for dealers in second hand goods in general and for dealers in old and used empty bottles in particular.
12
15-July-2017
Provisions related to registration under GST regime; Traders are requested to register now without waiting for the last date i.e. 30th July, 2017.
11
13-July-2017
Services provided by the Housing Society Resident Welfare Association (RWA) not to become expensive under GST;
There is no change made to services provided by the Housing Society (RWA) to its members in the GST regime.
10
13-July-2017
Further clarification on tax in reverse charge on gold ornaments; Sale of old jewellery 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 of gold ornaments sells it to registered supplier, the tax under RCM will apply.
09
11-July-2017
No 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.
08
10-July-2017
GST rate for Sanitary Napkins
07
10-July-2017
Gifts 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.
06
08-July-2017
Clarification on Migration, New Registration, Opting for Composition Scheme and Issue of Bills of Supply.
05
07-July-2017
The 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; Rather services provided by an educational institution to students, faculty and staff are exempt.
04
05-July-2017
Meaning of registered brand name in the context of GST rates; CGST rate of 5% will not be applicable on the supply of goods unless the brand name or trade name is actually on the Register.
03
03-July-2017
With The Roll-Out of GST, Check Posts Get Abolished Across 22 States in India.
02
18-June-2017
Relaxation in return filing procedure for first two months of GST implementation
01
15-June-2017
Reduced Liability of Tax on complex, building, flat etc. under GST.