Specified category of persons are exempted from obtaining GST registration: It has been proposed to amend Section 23(2) of the Central Goods and Services Tax Act, 2017 (“the CGST Act”) with a non-obstante clause, that too retrospectively applicable w.e.f July 1, 2017, so as to provide that, persons required to take registration in GST as
The amnesty scheme for settlement of arrears of tax, interest, penalty or late fee prior to the implementation of the Goods and Services Tax introduced by the Maha Vikas Aghadi (MVA) government has been extended by state finance minister Devendra Fadnavis. Terming it the Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee
Certificate under the State Goods and Services Tax Act, 2017 and the Central Goods and Services Tax Act, 2017 in terms of Section 29(5) of the said Acts M/s. (hereinafter referred to as the “Applicant’) is a registered person vide GSTIN………………….and is having its principal place of Business at__________ in the State of_______________. The Applicant has the following additional places of business
GSTR-10: CA Certification in case of filing GST Final Return A Taxable person, whos GST has been cancelled or who has surrendered his GST Number, is required to file GSTR-10 , also known as GST Final Return. This return is required to be filed within 3 months from date of cancellation of GST Registration Number.
5. M/S ABBOTT HEALTHCARE PVT. LTD. vs. THE COMMISSIONER OF STATE TAX [2020 (1) TMI 338 (KERALA HIGH COURT)] Placing of diagnostic instruments at hospital, labs etc. Background: Abbott placed its own diagnostics instruments at the premises of unrelated hospitals, labs for their uses for a specified period without any consideration. To execute the aforesaid
The AAR, West Bengal in the matter of Shopinshop Franchise Pvt. Ltd. [27/WBAAR/2022-23 dated February 9, 2023] has ruled that ‘Bouquets’ made with dry parts of plants, foliage, flower buds, grasses, and branches of plants which dried, bleached, dyed, and coloured and sold with plastic foil packaging will be classifiable under Tariff Item No. 06039000 or 06049900 of
𝘼𝙣𝙣𝙪𝙖𝙡 𝘾𝙤𝙢𝙥𝙡𝙞𝙖𝙣𝙘𝙚𝙨 𝙛𝙤𝙧 𝙋𝙧𝙞𝙫𝙖𝙩𝙚 𝙇𝙞𝙢𝙞𝙩𝙚𝙙 𝘾𝙤𝙢𝙥𝙖𝙣𝙮? New startups after registering their company is always concerned about what all compliances they need to follow. In this article we would like to highlight all Annual and other compliances which a private limited company should comply with to ensure 100% compliance and in return which helps them in
The Central Board of Indirect Taxes and Customs (CBIC) vide its Circular No 188/20/2022-GST dated 27th December 2022 prescribed the manner for filing of an application for refund by unregistered person on account of GST paid on agreement/ contract with a builder for supply of services of construction of flats/ building and long-term insurance policies.
48th Meeting of the GST Council 17th December, 2022 *** PRESS RELEASE The 48th Meeting of the GST Council was held on 17th December, 2022 through Video Conference, under the chairpersonship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. Tax rates The GST Council has, inter-alia, made following recommendations for changes in
