CBIC’s 41 FAQs on GST Rate structure in Real Estate Sector from 1 April 2019
CBIC has issued 41 Clarifications on FAQs/ Issues relating to new GST rate structure notified for real estate sector applicable w.e.f. 1 April 2019.
Tag: Clarifications
CBIC Clarification on Application for Revocation of Cancellation of GST Registration
CBIC has issued Circular No. 99/18/2019-GST dt 23 April 2019 for Clarifications on issues relating to filing of application for revocation of cancellation of GST registration in terms of …
CBIC Clarification on Order of Utilization of Input Tax Credit (ITC) under GST
CBIC has issued Circular No. 98/17/2019 GST dt 23 April 2019 for Clarifications on issues relating to Order of Utilization of Input Tax Credit (ITC) under GST, specially in …
RBI denies Media Reports on Instructions for 5 Days Weekly Working in Banks
RBI has issued a clarification to deny certain media reports stating that it has issued instructions for opening of banks for 5 days a week from now onwards. RBI …
CBIC Clarification on 3% GST Rate Option under Notification No. 2/2019 Central Tax Rate dt. 7 March 2019
CBIC has issued clarifications regarding exercise of option to pay tax @3% based on Notification No. 2/2019 Central Tax Rate dt. 7 March 2019, by taxpayers under composition, etc., …
PAN Aadhaar Linking Deadline Extended to 30 Sept. 2019; Quoting Aadhaar mandatory for ITR Filing from 1 April, 2019
CBDT has extended the deadline for linking of PAN with Aadhaar for filing of Income Tax Return (ITR) from 31 March 2019 to 30 Sept. 2019. Further, CBDT has …
CBIC Clarification on ‘Transfer of Input Tax Credit (ITC) in the case of death of Sole Proprietor’
CBIC has issued a clarification in respect of 'Transfer of Unutilised Input Tax Credit (ITC) in the case of death of Sole Proprietor' to the Transferee/ Successor, along with …
CBIC Clarification on Treatment of Sales Promotion Schemes under GST
CBIC has clarified various issues faced by taxpayers regarding Treatment of different type of Sales Promotion Schemes (e.g. Free Samples and Gifts, Buy One get One Free Offers, Discounts …
Report Inter-State supplies to unregistered persons in GSTR-3B/ GSTR–1: CBIC Clarification
CBIC has reiterated/ clarified that registered persons making inter-State supplies to unregistered persons shall report the details of such supplies along with the place of supply in Table 3.2 of FORM GSTR-3B …
Tax Invoice for Inter-state Supply to indicate Place of Supply/ State in Tax Invoice: CBIC Clarification
CBIC has reiterated/ clarified that registered persons (especially in the banking, insurance, telecom, etc. sectors) are required to indicate the place of supply along with the name of the State in …