Tag: GST Rates
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., …
CBIC has issued various Tax Rate Notifications under CGST/ IGST/ UTGST to implement reduction in GST Rates for Real Estate/ Housing Sector applicable from 1 April 2019, in line …
GST Council in its 34th Meeting (dt. 19 March 2019) has finalised the operational modalities for implementation/ transition of recommendations made in its 33rd Meeting (dt. 24 Feb. 2019), i.e. …
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 …
To provide relief to the home buyers and to boost the housing sector, GST Council in its 33rd meeting (dt. 24 Feb. 2019) has made key recommendations by way …
CBIC has amended Notification No. 8/2017 (Central Tax) dt. 27 June 2017 to align/ prescribe the applicable tax rates for Composition Scheme as provided in Rule 7 of the …
The GST Council in its 31st Meeting (dt. 22 Dec. 2018) held at New Delhi has recommended to rationalise the 28% tax rate slab by reducing rates for various items. Further, …
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 has notified the 'GST TCS Collection Rates', i.e. 1%/ 0.5% of net value, applicable for 'E-commerce Operators' (not being agents) on Inter-state/ Intra-state Supplies made through it by other …
Govt. has announced/ relaxed the requirement under GST laws for 'Display of Revised MRP' upto 31 Dec. 2018, on account of recently notified reduction of GST Rates applicable w.e.f. …