Tag: GST Rates
CBIC notifies 5% GST Rate for electric vehicles including two/ three wheelers, e-rickshaw/ bicycles, etc., as reduced from 12% and applicable w.e.f. 1 August 2019, based on recommendations of …
CBIC notifies GST exemption on electrical vehicles hired by a local authority, as recommended by the GST Council. This exemption shall be applicable from 1 August 2019 in the …
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 …
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 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 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 …
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 …
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 …
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.