Transitional Arrangements for Input Tax Credit under CGST Act on unsold stocks by TRADERS Section 140(3) of Transitional Provisions of CSGT Act r/w Transition Rules The government is doing all that it can to implement GST (Goods & Services Tax) with effect from July 1, 2017. As we move towards a new era of taxation,…Read More Input Tax Credit under CGST Act on unsold stocks by Traders | Transitional Arrangements
Weeks after GST was implemented, here is some good news for people interested in buying and selling of second hand goods. According to the government, buying and selling of second hand items will not attract Goods and Services Tax if sold at a price cheaper than the purchase price. The clarification from the government…Read More Good news: Planning to buy second hand cars, motorcycles or any other item? Now, Modi govt announces no GST on used goods.
GST Rates in India PDF 2017 have been provided as Item Wise list and available in Word and also for Free PDF Download. The Rates of GST is different for Goods and Services. All GST Rates in India can be categorized into Five. You should understand that, these GST Rates will be changed every year…Read More Download GST Rates for Goods and Services and 69 Revised GST Rates in Pdf
Lok Sabha has passed yesterday following four supplementary bills related to GST to path the way for implementation of GST from 01st April 2017- 1. The Central Goods And Services Tax (CGST) Bill, 2017 2. The Integrated Goods And Services Tax IIGST) Bill, 2017 3. The Union Territory Goods And Services…Read More DOWNLOAD IGST CGST UTGST BILL AND CLAUSE BY CLAUSE ANALYSIS
The Goods and Services Tax GST) Council, in itsmeeting held today in Vigyan Bhawan in New Delhi under the Chairmanship of the Union Minister for Finance & Corporate Affairs, Shri Arun Jaitley has approved the draft CGST Bill and the draft IGST Bill as vetted by the Union Law Ministry. This clears the deck for…Read More IGST CGST BILL APPROVED BY GST COUNCIL