49th GST Council Meeting

49th GST Council Meeting 49th GST Council Meeting was held on 18th February 2023 under the Chairmanship of Finance Minister of India Smt. Nirmala Sitharaman. The meeting took place in New Delhi. Notably, topics like amnesty scheme, streamlining of GST…

34th GST Council Meeting

34th GST Council Meeting 34th GST Council meeting was held on 19th March 2019 and decision with regard to the implementation of lower GST rate on real estate has been taken. Let us first recall that in the 33rd GST Council Meeting, it was recommended…

GST Rate on Food and Beverage

GST Rate on Food and Beverage In spite of crossing a year milestone, there are continues amendments in the Goods and Service Tax law. Further, in order to clarify various situations, the Government comes up with the clarification every now…

GSTR3B Due Date for April 2018

GSTR3B Due Date for April 2018 The GSTR3B due date for April, 2018 has been extended upto 22 May, 2018. Normally, the GST3B returns are due on the 20th of each month. Hence, the GSTR3B return for the month of…

Zero Rated, NIL, Exempted and Non-GST Supply

Zero Rated, NIL, Exempted and Non-GST Supply The terms zero rated, nil rated, exempted and non-taxable supply under GST have always been misused and misinterpreted. There has always been confusion regarding the said terms and the said confusion still prevails…

GST Margin Scheme

GST Margin Scheme Goods & Service Tax had been introduced in India from 1st July 2017. One of the main advantages of GST is the simplification of tax and simplification of the procedural aspects involved under the same. In order…

GST Cess on Sugar

GST Cess on Sugar The Sugar Cess Act, 1982 was introduced with an objective to increase the accumulations of the Sugar Development Fund. The fund so raised through imposition of sugar cess was aimed to help the sugar cane farmers.…

Cess on Tea

Cess on Tea Tea is a common man’s beverage. It is the second most consumed beverage in India after water. Bengal and Tamil Nadu are the two major tea growing states in India. As per recent statistics, Assam produces over…

GST AAR on Canteen Services

GST AAR on Canteen Services The Authority of Advance Ruling (AAR) in Kerala had passed an advance ruling clarifying that GST would be applicable to payments made by an employee of a company towards canteen expenses. This advance ruling is…

GST Rate for Grains with HSN Code

Gst Rate For Grains With HSN Code The HSN codes for edible grains like rice, wheat, barley, jawar, maize and bazra fall under chapter 10. , Wheat, Barley, Jawar, Bazra & Maize are mentioned in Chapter 10. This chapter related…