36th GST Council will be held today (25th July, 2019) through video conferencing in Delhi by Finance Minister Nirmala Sitharaman. After union budget, this will be the first GST Council meeting placed before the Parliament. In Today’s council, we can expect the announcement of finalization of …
The current mechanism for refund processing and sanctioning has two authorities consisting of central and state tax officers. Once a taxpayer files refund claim with the jurisdictional tax authority, say the central tax officer, then he would clear 50 per cent of the claims and; The …
In recent circular, GST council has exempted GST on services provided by the way of transportation by rail from one place to another place in India on specified goods. Specified goods for attracting NIL GST are: Relief material for victims of natural calamities , disasters, accidents …
In the earlier council, the members had referred the issues relating to Goods and Services Tax (GST) concessions on electric vehicle, electric chargers and hiring of electric vehicles etc.On July 25, GST council decided to reduce tax rates for electric vehicles. To encourage the domestic manufacturing …
Issues raised: ITeS Services such as call center, business process outsourcing services, etc. “Intermediaries” to overseas entities under GST law and whether they qualify to be “export of services” or otherwise. Clarifications: As per section 2(13) of the Integrated Goods and Service Tax Act, 2017, “Intermediary …
Case Law: Time Tech Waste Solutions Private Limited (Applicant) vs AAR Facts of the Case: The Applicant is stated to be providing conservancy/solid waste management service to the Bally Municipal Corporation (BMC). The Applicant claims that their services to the BMC are exempt. (Reference Notification No. …
While filing Form GSTR-3B, registered persons were required to declare the details of export of services on payment of IGST or zero-rated supplies made to an SEZ unit/developer on payment of IGST. And on such declared amount, registered persons were entitles to claim refund of GST. …
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