Time Limit Extended for Builders to Choose GST Rate upto 20 May 2019, notifies CBIC
GST Council has tweeted that the Time Limit for Builders to Choose GST Rate has been extended from 10 May 2019 to 20 May 2019 and that CBIC will …
Tag: GST Rates
CBIC notifies Optional Composition Scheme with 6% GST on Services/ Mixed Supplies
CBIC notifies an 'OPTIONAL' composition scheme for suppliers of 'SERVICES' or 'MIXED SUPPLIES' having annual turn over of upto Rs 50 lacs in the preceding financial year, with a …
CBIC Clarification on Effective GST Rate for Construction (complex, building, flat, etc.)
CBIC has issued a Press Release to clarify certain issues relating to Applicable Output GST Rates, Input Tax Credit (ITC) and Effective Tax Rate on Construction of Property, like …
CBIC waives GSTR-3B late filing fees (Oct. 2017 to April 2018) for GST TRAN-1 issues
CBIC has waived the late filing fees for taxpayers who failed to file GSTR-3B during Oct. 2017 to April 2018 due to technical issues of GST TRAN-1 (submitted but …
0.5% Composition Tax (GST) for Manufacturers/ Traders w.e.f. 1 Jan. 2018, notifies CBEC
CBEC has notified/ prescribed 0.5% tax rate (reduced from 1%) for composition scheme under GST, applicable w.e.f. 1 Jan. 2018, in respect of manufacturers and suppliers.
CBEC notifies Raw Cotton under GST Reverse Charge (RCM) w.e.f. 15 Nov. 2017
CBEC has issued Notifications to insert provisions relating to GST Payable (CGST/ IGST/ UTGST) for Raw Cotton under Reverse Charge (RCM), in the case of supply by the Agriculturist, …
0.1% GST Rate for Supply of Goods to Merchant Exporters notified by CBEC
CBEC has notified that inter-state/ domestic supply of taxable goods by a registered supplier to a registered recipient/ merchant exporter, for exports, shall attract a nominal GST rate of 0.1%, …
CBEC Notifies All ‘Legal Services’ to be Covered under RCM of GST
CBEC has issued a corrigendum to Notification No. 13/2017 dt. 28 June 2017 (Central/ Integrated/ UT Tax Rate) to cover all legal services under RCM by making change in …
GST Rate Reduction on certain ‘Specified Work Contract Services’ notified
CBEC has issued Notifications relating to Rate Reduction on certain 'Specified Work Contract Services', like construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration, etc., under the CGST, IGST …
CBEC Amends/ Reduces GST Rate on Specified Work Contract Services
The CBEC notifies amended/ reduced GST Rates for specified composite supplies of Works Contract Services, job work for textile & textile products, printing service of books, newspapers, etc., admission …