GSTN enabled auto-population of HSN description based on HSN code
The Goods and Services Tax Network (GSTN) has enabled auto-population of Harmonized System of Nomenclature (HSN) description based on HSN code […]
Important News
Press Release, Press Release
India’s Merchandise Trade Preliminary data for the month of May 2021
India’s merchandise exports in May 2021 was USD 32.21 billion, an increase of 67.39% over USD 19.24 billion in May
Important News
GST Compliance Calendar for the month of June 2021
Important dates in June 2021 for compliance under GST are as follows: – Forms Period Due Dates Description GSTR –
Notification And Circular, Notification and Circular
Reduced the rate of GST on MRO services in respect of ships/vessels to 5% from 18%
Background: The Ministry of Finance issued Press Release dated May 28, 2021 pertaining to decisions taken in 43rd GST Council meeting wherein following
Notification And Circular, Notification and Circular
Clarified time of payment of GST on construction services pursuant to recommendation of 43rd GST Council meeting
Background: The Ministry of Finance issued Press Release dated May 28, 2021 pertaining to decisions taken in 43rd GST Council meeting wherein following
Notification And Circular, Notification and Circular
Place of supply for B2B MRO services in respect of ships/ vessels to be the location of the service recipient
Background: The Ministry of Finance issued Press Release dated May 28, 2021 pertaining to decisions taken in 43rd GST Council meeting wherein following
Notification And Circular, Notification and Circular
Allowed landowner-promoter to use ITC of tax charged by the developer-promoter for payment of tax on apartments
Background: The Ministry of Finance issued Press Release dated May 28, 2021 pertaining to decisions taken in 43rd GST Council meeting wherein following
Notification And Circular, Notification and Circular
Operational guidelines for the Production Linked Incentive (PLI) Scheme for Pharmaceuticals
The Department of Pharmaceuticals under Ministry of Chemicals and Fertilizers issued Operational Guidelines vide File No. 31026/60/2020-Policy dated June 01, 2021
GST Recent News
Madras high court grants bail to man held for GST evasion
The Madras high court on Tuesday granted bail to a businessman, who was arrested for evasion of GST to the
Notification And Circular, Notification and Circular
Reduced the rate of GST on MRO services in respect of ships/vessels to 5% from 18%
Background: The Ministry of Finance issued Press Release dated May 28, 2021 pertaining to decisions taken in 43rd GST Council meeting wherein following