Post by: Isha Purohit in GST GST in India
What is the maximum limit of GST rate? GST (Goods and Services Tax) is a multi-stage, destination-based taxation system applied to almost all goods and services in India. It has replaced several indirect taxes levied by the State and Central…
Post by: Renu Suresh in Business Registration
New GST Rate for Brick Manufacturing Sector The Central Board of Indirect Taxes and Customs (CBIC) has issued a New GST Rate for Brick manufacturing vide the notifications dated 31st March 2022. With this Notification, the Government has increased the…
Post by: Renu Suresh in GST
CBIC Clarifications on Applicable GST Rates on Certain Services The CBIC has issued clarifications concerning GST rates of certain services based on recommendations of the GST Council in its 45th meeting held on 17th September 2021. In this regard, Circular…
Post by: Arnold Thomas in GST
GST on Preferential Location Charges In order to boost the economt, the Finance Minister Smt. Nirmala Sitharaman has come up with various measures which also includes relaxation in GST rates. It is noteworthy to mention here that the real estate sector…
37th GST Council Meeting On September 20, 2019, the Ministry of Finance (MoF) conducted the 37th GST Council Meeting in Goa. The meeting focused on recommendations to law and procedure. The agenda also included GST rates on goods, GST rate…
GST on Education Programs Much needed clarification in the matter of applicability of GST on education programs with respect to the various programmes being conducted by the IIMs (i.e. The Indian Institutes of Management) was being provided by the Government…
Post by: Arun Kumar in GST
GST on Joint Development Agreement An agreement between a landowner and a real estate developer to construct new projects is called a Joint Development Agreement. In a joint development the capital, the builder carries out construction and legal work whereas…
Post by: IndiaFilings in GST
SAC Code for Website & Software Development Under GST, all tax invoices raised by a supplier of goods or services must contain the respective HSN code or SAC code. SAC Code is applicable for services and stands for Services Accounting…
Post by: IndiaFilings in GST News
Two GST Rate Slabs Possible in the Future The Government of India (GoI) implemented GST in India from the 1st of July 2017 through the Ministry of Finance. GST has integrated many of the indirect taxes into one single regime…
Post by: IndiaFilings in GST
GST Rate Changes - 22nd GST Council Meeting GST rates for goods and services are decided by the GST Council in India. Based on the recommendations of the members of the GST Council, GST rates, rules and regulations are notified…
