GST refunds worth Rs 22,000 crore pending with govt: FIEO
As much as Rs 22,000 crore GST refund is pending with the government, creating liquidity problem for exporters and impacting […]
GST Recent News, News
Advance Ruling-New
Supply of medicines & allied items to in-patients by hospital is composite supply are not separately taxable: AAR of Kerala
Facts: M/s. Ernakulam Medical Centre Pvt. Ltd. is rendering medical services with professionals like doctors, nursing staff, lab technicians etc.
GST Recent News, News
Experts urge GoM, GST council, to increase cess on tobacco products
Public health groups along with doctors and economists have urged the Group of Ministers in the GST Council to increase cess on
GST Recent News, News
Exporters complain about lack of credit
Exporters have petitioned the government about rise in costs due to higher oil prices, lack of adequate credit since the
Advance Ruling-New
The transfer of right to use any goods for any purpose is liable to GST: AAR of Kerala
Facts: M/s. Abbott Healthcare Pvt. Ltd has adopted the business model of placing their own medical instruments at the premises
Advance Ruling-New
ITC Availed is to be reversed on pro-rata basis for plots sold after issuance of completion certificate: AAR of Kerala
Facts: M/s. PPD Living Spaces Pvt. Ltd. is executing a layout development project ‘Emerald Hills’. They have converted eleven acres
Notifications and Circulars
Rule 96(10) of the CGST Rules, 2017, prospectively amended to allow exporters who have received capital goods under the EPCG scheme to claim refund of the IGST paid on exports
The Central Government vide Notification No. 53/2018 – Central Tax dated October 09, 2018 (“Notification No. 53”) has first amended
GST Recent News, News
No centre-state wall: Officials handling GST can assess all
The government has clarified that both the state and central authorities handling the goods and services tax have enforcement powers over all assessees
GST Recent News, News
Maggi dealer holding back GST cut
A Maggi Noodles dealer has come under watch for not passing on the benefits of a cut in goods and services tax (GST)
Advance Ruling-New
Kerala AAR: Computers, laptops etc. used for providing output service would not qualify as inputs for the purpose of availing transactional ITC u/s 140(2) / 140(3) of KSGST Act
Facts: M/s. Geojith Financial Services Ltd is engaged in providing various retail financial services like stock broking, share broking, marketing