GST rate of 12% on Supply of works contracts awarded by Government: AAR of Kerala
Facts: The applicant is a contractor of Government projects. Many of the works are undertaken by way of sub contracts. […]
Advance Ruling-New
GST Recent News, News
GST collection for September surges but fails to meet Rs 1 lakh-crore target
The GST revenue collection for September crossed Rs 94,000 crore as compared to Rs 93,960 crore in August. The latest
Important Pronouncements
HC of Calcutta permits assessee to approach nodal officer for adjustment of Cenvat credit under GST
The OSL Prestige (P.) Ltd filed a writ petition seeking adjustment of Cenvat credit and submitted that it had made
Notifications and Circulars
Exporter are not allowed to claim IGST refund, once benefit of drawback availed at higher rate
The Government of India has issued a Circular No. 37/2018 – Customs dated October 09, 2018 which clarifies the cases
GST Recent News, News
28% slab of GST is to go: Sushil Modi
Traders may get a sigh of relief as the highest rate under the GST regime, which is 28 per cent,
Advance Ruling-New
Threshold exemption limit is available to all co-owners separately in case of jointly owned property: Kerala AAR
Facts: The petitioner is one of the 13 co-owners of a jointly owned immovable property, which is rented-out to different
Advance Ruling-New
ITC available on demo cars used for sales promotion and later sold off on payment of GST: AAR
Facts: M/s A. M. Motors submitted that it is business requirement that motor car dealer shall compulsorily acquire the demonstration
Notifications and Circulars
Central Government notifies the Constitution of the Appellate Authority for Advance Ruling in the Union territories
Central Government notifies the constitution of Appellate Authority for Advance Ruling (AAAR) for 5 Union territories viz. Andaman and Nicobar Islands,
GST Recent News, News
Modi, Putin discuss GST
Russian President Vladimir Putin had a discussion with Prime Minister Narendra Modi on how the Goods and Services Tax (GST)
GST Recent News, News
Growth in India firming up, projected to accelerate further: World Bank
Growth in India is firming up and is projected to accelerate to 7.3 per cent in the 2018-19 fiscal year