Government of India Ministry of Finance (Department of Revenue) Notification No. 10/2017- Integrated Tax (Rate) (1) (2) (3) (4)
|
|
- Matthew Patrick
- 5 years ago
- Views:
Transcription
1 Disclaimer: This updated version of the notification as amended upto 27 th July, 2018 has been prepared f convenience and easy reference of the trade and business and has no legal binding fce. Notifications as published in the official Gazette of Government of India have the fce of law. [Updated version of the Notification No. 10/2017-Integrated Tax (Rate) dated the 28 th June, 2017 as amended upto 27 th July, 2018] Government of India Ministry of Finance (Department of Revenue) Notification No. 10/2017- Integrated Tax (Rate) New Delhi, the 28 th June, 2017 GSR...(E).-In exercise of the powers conferred by sub-section (3) of section 5 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Central Government on the recommendations of the Council hereby notifies that on categies of supply of services mentioned in column (2) of the Table below, supplied by a person as specified in column (3) of the said Table, the whole of integrated tax leviable under section 5 of the said Integrated Goods and Services Tax Act, shall be paid on reverse charge basis by the recipient of the such services as specified in column (4) of the said Table:- Table Sl. Categy of Supply of Services Supplier of Recipient of Service No. service (1) (2) (3) (4) 1 Any service supplied by any person Any person Any person located in the taxable who is located in a non-taxable territy to any person other than non-taxable online recipient. located in a non-taxable territy territy other than non-taxable online recipient. 2 Supply of Services by a goods transpt agency (GTA) [who has not paid integrated tax at the rate of 12%,] 1 in respect of transptation of goods by road to- (a) any facty registered under governed by the Facties Act, 1948(63 of 1948); Goods Transpt Agency (GTA) (a) Any facty registered under governed by the Facties Act, 1948(63 of 1948); (b) any society registered under the Societies Registration Act, 1860 (21 of 1860) under any other law f the time being in fce in any part of India; 1 Inserted vide notification No. 22/2017 Integrated Tax (Rate) dt
2 (b) any society registered under the Societies Registration Act, 1860 (21 of 1860) under any other law f the time being in fce in any part of India; (c) any co-operative society established by under any law; (d) any person registered under the Central Goods and Services Tax Act the Integrated Goods and Services Tax Act the State Goods and Services Tax Act the Union Territy Goods and Services Tax Act; (e) any body cpate established, by under any law; (f) any partnership firm whether registered not under any law including association of persons; (g) any casual taxable person. 3 [Services provided by an individual advocate including a seni advocate firm of advocates by way of legal services, directly indirectly. Explanation.- legal service means any service provided in relation to advice, consultancy assistance in any branch of law, in any manner and includes representational services befe any court, tribunal authity.] 2 4 Services supplied by an arbitral tribunal to a business entity. 5 Services provided by way of sponsship to any body cpate partnership firm. An individual advocate including a seni advocate firm of advocates. (c) any co-operative society established by under any law; (d) any person registered under the Central Goods and Services Tax Act the Integrated Goods and Services Tax Act the State Goods and Services Tax Act the Union Territy Goods and Services Tax Act; (e) any body cpate established, by under any law; (f) any partnership firm whether registered not under any law including association of persons; (g) any casual taxable person; located in the Any business entity located in the An arbitral Any business entity located in the tribunal. Any person Any body cpate partnership firm located in the taxable territy. 6 Services supplied by the Central Central Any business entity located in the 2 Substituted vide crigendum to notification 10/2017-Integrated Tax(Rate), dated Pri to substitution it read: Services supplied by an individual advocate including a seni advocate by way of representational services befe any court, tribunal authity, directly indirectly, to any business entity located in the taxable territy, including where contract f provision of such service has been entered through another advocate a firm of advocates, by a firm of advocates, by way of legal services, to a business entity. 2
3 State Union territy local authity to a business entity excluding, - (1) renting of immovable property, and (2) services specified below- (i) services by the Department of Posts by way of speed post, express parcel post, life insurance, and agency services provided to a person other than Central State Government Union territy local authity; (ii) services in relation to an aircraft a vessel, inside outside the precincts of a pt an airpt; (iii) transpt of goods passengers. [6A Services supplied by the Central State Union territy local authity by way of renting of immovable property to a person registered under the Central Goods and Services Tax Act, 2017 (12 of 2017). 7 Services supplied by a direct of a company a body cpate to the said company the body cpate. 8 Services supplied by an insurance agent to any person carrying on insurance business. 9 Services supplied by a recovery agent to a banking company a financial institution a non-banking financial company. 10 Services supplied by a person located in non- taxable territy by way of transptation of goods by a vessel from a place outside India up to the customs station of clearance in India. State Union territy local authity Central State Union territy local authity A direct of a company a body cpate An insurance agent A recovery agent A person located in non-taxable territy Any person registered under the Central Goods and Services Tax Act, 2017 read with clause (v) of section 20 of Integrated Goods and Services Tax Act, 2017.] 3 The company a body cpate located in the Any person carrying on insurance business, located in the taxable territy. A banking company a financial institution a non-banking financial company, located in the Impter, as defined in clause (26) of section 2 of the Customs Act, 1962(52 of 1962), located in the 3 Inserted vide notification No. 3/2018 Integrated Tax (Rate) dt
4 11 Supply of services by an auth, music composer, photographer, artist the like by way of transfer permitting the use enjoyment of a copyright covered under clause (a) of sub-section (1) of section 13 of the Copyright Act, 1957 relating to iginal literary, dramatic, musical artistic wks to a publisher, music company, producer the like. [12 Supply of services by the members of Overseeing Committee to Reserve Bank of India [13 Services supplied by individual Direct Selling Agents (DSAs) other than a body cpate, partnership limited liability partnership firm to bank nonbanking financial company (NBFCs) Auth music composer, photographer, artist, the like Members of Overseeing Committee constituted by the Reserve Bank of India Individual Direct Selling Agents (DSAs) other than a body cpate, partnership limited liability partnership firm. Publisher, music company, producer the like, located in the Reserve Bank of India.] 4 A banking company a nonbanking financial company, located in the ] 5 Explanation.- F purpose of this notification,- (a)the person who pays is liable to pay freight f the transptation of goods by road in goods carriage, located in the taxable territy shall be treated as the person who receives the service f the purpose of this notification. (b) Body Cpate has the same meaning as assigned to it in clause (11) of section 2 of the Companies Act, (c) the business entity located in the taxable territy who is litigant, applicant petitioner, as the case may be, shall be treated as the person who receives the legal services f the purpose of this notification. 4 Inserted vide notification No. 34/2017 Integrated Tax (Rate) dt Inserted vide notification No. 16/2018 Integrated Tax (Rate) dt
5 (d) the wds and expressions used and not defined in this notification but defined in the Central Goods and Services Tax Act, the Integrated Goods and Services Tax Act, and the Union Territy Goods and Services Tax Act shall have the same meanings as assigned to them in those Acts. [(e) A Limited Liability Partnership fmed and registered under the provisions of the Limited Liability Partnership Act, 2008 (6 of 2009) shall also be considered as a partnership firm a firm.] 6 [(f) insurance agent shall have the same meaning as assigned to it in clause (10) of section 2 of the Insurance Act, 1938 (4 of 1938).] 7 [(g) renting of immovable property means allowing, permitting granting access, entry, occupation, use any such facility, wholly partly, in an immovable property, with without the transfer of possession control of the said immovable property and includes letting, leasing, licensing other similar arrangements in respect of immovable property.] 8 2. This notification shall come into fce on the 1 st day of July, [F. No. 334/1/2017- TRU] (Ruchi Bisht) Under Secretary to the Government of India 6 Inserted vide notification No. 22/2017 Integrated Tax (Rate) dt Inserted vide notification No. 3/2018 Integrated Tax (Rate) dt Inserted vide notification No. 16/2018 Integrated Tax (Rate) dt
CONSOLIDATED RATE NOTIFICATIONS FOR SERVICES UNDER RCM u/s 9(3) AS AMENDED UP TO
Page1 CONSOLIDATED RATE NOTIFICATIONS FOR SERVICES UNDER RCM u/s 9(3) AS AMENDED UP TO Sl. Categy of Supply of Services Supplier of No. service 1 Supply of Services by a goods transpt agency Goods (GTA)
More informationGovernment of India Ministry of Finance (Department of Revenue) Notification No. 13/2017- Union Territory Tax (Rate) New Delhi, the 28 th June, 2017
Disclaimer: This updated version of the notification as amended upto 25th January, 2018 has been prepared for convenience and easy reference of the trade and business and has no legal binding or force.
More informationLIST OF GOODS AND SERVICES NOTIFIED UNDER REVERSE CHARGE MECHANISM (updated as on 31st May 2018)
LIST OF GOODS AND SERVICES NOTIFIED UNDER REVERSE CHARGE MECHANISM (updated as on 31st May 2018) Government has notified Goods and Services which are subject to GST under Reverse Charge. (I) GOODS Following
More informationSERVICES UNDER REVERSE CHARGE AS APPROVED BY GST COUNCIL
The fitment of rates s were discussed on 19 May 2017 during the 14 th GST Council meeting held at Srinagar, Jammu & Kashmir. The Council has broadly approved the GST rates for services at, 5%, 12%, 18%
More informationGOODS & SERVICES TAX UPDATE 4
GOODS & SERVICES TAX UPDATE 4 CENTRAL GOODS & SERVICES TAX (CGST) - Rate CGST Rate Schedule of Goods notified with effect from 01.07. Central Government vide Notification No. 01/-Central Tax (Rate), dt.
More information[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 39/2017-Integrated Tax (Rate)
More informationReverse Charge Under GST
Reverse Charge Under GST July 17, 2017 [2017] 83 taxmann.com 206 (Article) Under any tax statute, the chargeability and collection of tax are the most important aspect apart from the aspects like administration,
More informationReverse Charge Mechanism - Reverse gear of tax burden
Reverse Charge Mechanism - Reverse gear of tax burden A. Introductory provisions of reverse charge under GST Law. In terms of section 9(1) of Central Goods and Services Tax Act, 2017, Central Goods and
More informationGoods & Service Tax (GST) A Metamorphic Reform
Goods & Service Tax (GST) A Metamorphic Reform Topic Reverse Charge Mechanism & Exemptions under GST For J B Nagar Study Circle Meeting Presented by CA Vishal Lahoti 9 September, 2017 1 RCM? Normal Scenario
More informationNegative Blues - V. A Brief Note on Reverse Charge Mechanism. (G. Natarajan, Advocate, Swamy Associates)
Negative Blues - V A Brief Note on Reverse Charge Mechanism (G. Natarajan, Advocate, Swamy Associates) The general principle in is that provider is liable for payment of tax. But, in certain cases, the
More informationReverse Charge. Section 9 (3) of CGST Act, 2017 Section 9 (4) of CGST Act, Section 5(3) of IGST Act, 2017 Section 5(4) of IGST Act, 2017
GST RETURNS Reverse Charge Section 9 (3) of CGST Act, 2017 Section 9 (4) of CGST Act, 2017 Section 5(3) of IGST Act, 2017 Section 5(4) of IGST Act, 2017 Reverse Charge Sl No. Category of Supply of Services
More informationGST Alert Reverse Charge Mechanism under GST
GST Alert Reverse Charge Mechanism under GST Reverse Charge Mechanism based tax payment is now more or less a known phenomenon. This phenomenon will continue under GST as well. If you have any queries
More information[Updated version of the Notification No. 12/2017-Central Tax (Rate) dated the 28 th June, 2017 as amended upto 27 th July, 2018]
Disclaimer: This updated version of the notification as amended upto 27 th July, 2018 has been prepared f convenience and easy reference of the trade and business and has no legal binding fce. Notifications
More informationDescription of Service Liability of Recipient of Service Rate of Tax Remarks
The Central Government has expanded the scope of payment of service tax under reverse charge mechanism under the negative list based service taxation. The relevant provisions are contained in Notification
More informationImportant Service Tax Amendments through Union Budget 2016 (By CA. Vikas Khandelwal) 1. Krishi Kalyan Cess (Applicable w. e. f
Important Service Tax Amendments through Union Budget 2016 (By CA. Vikas Khandelwal) 1. Krishi Kalyan Cess (Applicable w. e. f. 01.06.2016): Effective rate of service tax is being increased from 14.5%
More informationCBEC issues notifications for amending tax rates on specified services
from India Tax & Regulaty Services CBEC issues notifications f amending tax s on specified services August 24, 2017 In brief The CBEC has issued notification nos. 20-23/2017-Central Tax (Rate) dated 22
More informationConsignor Or Consignee who is - (a) factory, society, registered dealer of excisable goods, body corporate, partnership firm, AOP &
READY RECKONER S (No Change) Nature of Service Service Provider Service Receiver % of Service Tax Liability Remarks Provid er Receiv er 1 Insurance Insurance Agent Insurance Company 2 Goods Transport Agency
More informationARTICLE. Service Tax (Finance) Act, 1994 By. On Finance Bill (Budget) Proposals 2013 CA. SATISH AGARWAL
ARTICLE On Finance Bill (Budget) Proposals 01 Service Tax (Finance) Act, 1994 By CA. SATISH AGARWAL Mobile : +919811081957 Phone : +91115769111 Office : 9/14, Ist Flo East Patel Nagar, (Near Jaypee Sidharthe
More informationService Tax on ocean freight the recent changes. (G. Natarajan, Advocate, Swamy Associates)
Service Tax on ocean freight the recent changes (G. Natarajan, Advocate, Swamy Associates) The following services were kept in the negative list, when negative list based service tax levy was introduced
More informationqwertyuiopasdfghjklzxcvbnmqwertyui opasdfghjklzxcvbnmqwertyuiopasdfgh jklzxcvbnmqwertyuiopasdfghjklzxcvb nmqwertyuiopasdfghjklzxcvbnmqwer
qwertyuiopasdfghjklzxcvbnmqwertyui opasdfghjklzxcvbnmqwertyuiopasdfgh jklzxcvbnmqwertyuiopasdfghjklzxcvb nmqwertyuiopasdfghjklzxcvbnmqwer ALL ABOUT REVERSE CHARGE AND JOINT CHARGE MECHANISM tyuiopasdfghjklzxcvbnmqwertyuiopas
More informationCLARIFICATION ON ISSUES RELATING TO CENVAT CREDIT RULES 2004
May 25, 2011 CLARIFICATION ON ISSUES RELATING TO CENVAT CREDIT RULES 2004 The Board has issued Circular No. 943/04/2011 CX, dated: April 29, 2011 and has clarified the eligibility of credit with respect
More informationSTATE TAX (RATE) ON SERVICES (NIL) 1136 F.T. dated
STATE TAX (RATE) ON SERVICES (NIL) 1136 F.T. dated 28.06.2017 [As amended upto 14.11.2017 vide Notification Nos. 1498 F. T. dated 22.08.2017, 1685 F. T. dated 21.09.2017, 1762 F. T. dated 10.10.2017, 1796F.T.
More informationCase Studies in Service Tax - Covering various important Issues/ Aspects. July 2014
Case Studies in Service Tax - Covering various important Issues/ Aspects July 2014 Index 1 Exemption limit of Rs. 10 lakh 2 Reverse Charge Mechanism 3 Place of Provision of Service 4 CENVAT Credit on Input
More information[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 1/2018-Integrated Tax (Rate)
More informationSTATE TAX (RATE) ON SERVICES (NIL) 1136 F.T. dated
STATE TAX (RATE) ON SERVICES (NIL) 1136 F.T. dated 28.06.2017 [As amended upto 14.11.2017 vide Notification Nos. 1498 F. T. dated 22.08.2017, 1685 F. T. dated 21.09.2017, 1762 F. T. dated 10.10.2017, 1796
More informationHANDBOOK TO G S T AUDIT. (with GSTR-9 and 9C) BY :- CA ATUL KUMAR GUPTA ASSISTED BY :- CA SMELLY KINRA CA MOHIT GUPTA
HANDBOOK TO G S T AUDIT (with GSTR-9 and 9C) BY :- CA ATUL KUMAR GUPTA ASSISTED BY :- CA SMELLY KINRA CA MOHIT GUPTA HANDBOOK TO GST AUDIT (With GSTR 9 & GSTR 9C) By- CA Atul Kumar Gupta Assisted by-
More informationWIRC INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA. Preamble
WIRC INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA Workshop on Service Tax Subject : 1. Point of Taxation Rules, 2011 - amended till date 2. Reverse Charge Mechanism [Section 68(2)] 3. Amendments in Service
More informationAddendum to Background Material on GST updated till
(Composition levy) Notification No. 21/2018 Central Tax dated 18 th April, 2018 Explanation to Form GST ITC- 03 revised- the registered person who has availed ITC and later on opt for composition scheme
More informationANALYSIS OF POINT OF TAXATION RULES, 2011 ALONGWITH SUITABLE EXAMPLES
ANALYSIS OF POINT OF TAXATION RULES, ALONGWITH SUITABLE EXAMPLES As we all are aware that earlier service tax was payable on receipt of in respect of taxable services provided. But with the introduction
More informationCHAPTER 1 INTRODUCTION TO GST CHAPTER 2 CHARGE OF GST
1 CHAPTER 1 INTRODUCTION TO GST CHAPTER 2 CHARGE OF GST REVERSE CHARGE IN CASE OF SERVICES {Section 9(3)} {GST To Be Payable Under Reverse Charge On Renting Of Immovable Property By Central/State Government,
More informationEXECUTIVE PROGRAMME SUPPLEMENT FOR TAX LAWS AND PRACTICE. (INDIRECT TAX PART - B) (Relevant for Students appearing in June, 2017 Examination)
EXECUTIVE PROGRAMME SUPPLEMENT FOR TAX LAWS AND PRACTICE (INDIRECT TAX PART - B) (Relevant for Students appearing in June, 2017 Examination) MODULE 1- PAPER 4 1 Disclaimer- This document has been prepared
More information[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB- SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB- SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.28/2012-Central Excise (N.T)
More information[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE & CUSTOMS NEW DELHI NOTIFICATION
More informationSUPPLY, LEVY AND COLLECTION
3 CHAPTER SUPPLY, LEVY AND COLLECTION 3.1 relevant definition 3.1.1 meaning of GSt It is a destination based tax on consumption of goods and services. It is proposed to be levied at all stages right from
More informationGoods and Services Tax (GST) M.R.Narain & Co., Chartered Accountants 1
Goods and Services Tax (GST) 1 How GST Works Following are the Important Features of GST 1. Tax on Supply of Goods and Service (Except Alcoholic Liquor) 2. Multistage Tax 3. Tax on Value Added 4. Destination/Consumption
More informationTHE CUSTOMS ACT, 1962
I/11 THE CUSTOMS ACT, 1962 (Act No. 52 of 1962) 13th December, 1962 An Act to consolidate and amend the law relating to customs. Be it enacted by Parliament in the Thirteenth Year of the Republic of India
More informationTaxability of Inter-Branch movement of Conveyances and Goods
GST Alert 24/2017-18 Date 12.12.2017 Taxability of Inter-Branch movement of Conveyances and Goods Companies are required to move goods like tools, spares, machinery, equipment by loading them into various
More informationNotification No. 18/2012 Central Excise (N.T.)
[TO BE PUBLISED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB SECTION (i)] Government of India Ministry of Finance Department of Revenue Notification No. 18/2012 Central Excise (N.T.)
More informationUNION BUDGET Service tax --- CMA R.K.DEODHAR
UNION BUDGET-2016 Service tax --- CMA R.K.DEODHAR A] CHANGES IN FINANCE ACT,1994 [ To be effective from the date of enactment of Finance Act,2016] 1] Section 65B :- Interpretations :- a)the definition
More informationThe. Extraordinary Published by Authority ASADHA 07] WEDNESDAY, JUNE 28, 2017 [SAKA 1939 GOVERNMENT OF WEST BENGAL FINANCE DEPARTMENT REVENUE
Registered No. WB/SC-247 PART I] THE KOLKATA GAZETTE, EXTRAORDINARY, JUNE 28, 2017 No. WB(Part-I)/2017/SAR-382 1 The Kolkata Gazette Extradinary Published by Authity ASADHA 07] WEDNESDAY, JUNE 28, 2017
More informationServices of transfer of right to use goods would attract the same GST rate as applicable to the supply of such goods.
24 May 2017 EY GST News Alert GST Council finalizes tax rates for services under GST regime Executive summary This Alert provides an insightful coverage of news related to GST and recent developments that
More information[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUB-SECTION (i)]
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 68 /2017 - Customs (N. T.)
More informationGREECE Agreement for avoidance of double taxation with Greece Whereas the annexed Agreement between the Government of India and the Government of
GREECE Agreement for avoidance of double taxation with Greece Whereas the annexed Agreement between the Government of India and the Government of Greece for the avoidance of double taxation of income has
More information[TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY]
[TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY] New Delhi, the 30th June, 2017 G.S.R. (E).- In the notification of the Government of India, in the Ministry
More informationNotification No. 22/2017 Central Tax New Delhi, the 17 th August, 2017
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification
More informationBUDGET ANALYSIS ATHENA LAW ASSOCIATES
BUDGET ANALYSIS - 2017 ATHENA LAW ASSOCIATES PREPAREDNESS FOR GST Preparedness for GST The Finance Minister confirmed the status of preparedness for implementation of GST and moving towards a new indirect
More informationThis is an unofficial translation
Federal Decree-Law No. (8) of 2017 on Value Added Tax We, Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates, Having reviewed the Constitution, Federal Law No. (1) of 1972 on the Competencies
More information[PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II SECTION 3, SUB-SECTION (ii) ]
[PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II SECTION 3, SUB-SECTION (ii) ] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) ****** New Delhi,
More informationINDIRECT TAXES SERVICE TAX. Amendments effective from
INDIRECT TAXES SERVICE TAX Amendments effective from 02.02.2017 Amendment in Mega Exemption Notification No. 25/2012 ST dated 20.06.2012 Services provided or agreed to be provided by the Army, Naval and
More informationTreading the GST Path 50! FAQ on TDS (GST) (A Team effort of Swamy Associates)
Treading the GST Path 50! FAQ on TDS (GST) (A Team effort of Swamy Associates) Q 1. What is TDS in GST law? Section 51 of the CGST Act, 2017 (any reference to CGST Act, would refer to the corresponding
More informationFinance Bill-2013-Analysis of Service Tax by CA Atul Kumar Gupta
A. Changes applicable from the date of enactment of Finance Bill, 2013 I. Expansion in the Scope of Negative List:- 1. The agriculture sector has been supported by keeping the bulk of services relating
More informationService Tax (Removal of Difficulty) Order, 2010 w.e.f
Order No : M.F.(D.R.) 1/2010-ST Service Tax (Removal of Difficulty) Order, 2010 w.e.f. 01.07.2010 In exercise of the powers conferred by sub-section (1) of section 95 of the Finance Act, 1994 (32 of 1994)
More informationGST STUDY & REFRESHER COURSE EXEMPTION & RCM
GST STUDY & REFRESHER COURSE EXEMPTION & RCM Organized by CHAMBER OF TAX CONSULTANT PRESENTED BY RAJIV LUTHIA AN INVESTMENT IN KNOWLEDGE PAYS THE BEST RETURN 2nd November,2017 CA RAJIV LUTHIA 1 FEW IMPORTANT
More informationCOMPETITION COMMISSION OF INDIA PROCEDURE IN REGARD TO THE TRANSACTION OF BUSINESS RELATING TO COMBINATIONS) REGULATIONS, 2011
F Private Circulation COMPETITION COMMISSION OF INDIA PROCEDURE IN REGARD TO THE TRANSACTION OF BUSINESS RELATING TO COMBINATIONS) REGULATIONS, 2011 1. The Competition Commission of ( CCI ) has issued
More informationIntroduction. Choose the language your prefer.
The United Arab Emirates Federal Decree-Law No. (8) of 2017 on the Value Added Tax Law August 2017 Introduction This document is an English version of The United Arab Emirates Federal Decree-Law No. (8)
More informationCHAPTER 1: INTRODUCTION TO GST 1.1 BASICS OF GST What is GST?
CHAPTER 1: INTRODUCTION TO GST 1.1 BASICS OF GST 1.1.1 What is GST? Goods and Services Tax (GST) is a value-added indirect tax at each stage of the supply of goods and services precisely on the amount
More informationIssues in GST on Banking Sector
DISCLAIMER: Issues in GST on Banking Sector The views expressed in this article are of the author(s). The Institute of Chartered Accountants of India may not necessarily subscribe to the views expressed
More information[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) [Central Board of Excise and Customs] Notification
More informationPayment of Service Tax under reverse charge A Comprehensive Study
CA. Rajkamal Shah, CA Bhavin Mehta & CA Chirag Bhojani Payment of Service Tax under reverse charge A Comprehensive Study Punishing Peter for the sins of Paul!!! Admittedly, the failure of the Government
More informationMaven Legal Advocates & Consultants BRIEF OF FEW CHANGES MADE IN SERVICE TAX BY FINANCE ACT, 2012, APPLICABLE FROM 1, JULY, 2012
BRIEF OF FEW CHANGES MADE IN SERVICE TAX BY FINANCE ACT, 2012, APPLICABLE FROM 1, JULY, 2012 Budget has unhered a new system of taxation of services known as Negative List Approach. Till now services of
More informationTHE UNION TERRITORY GOODS AND SERVICES TAX (AMENDMENT) BILL, 2018
AS INTRODUCED IN LOK SABHA BILL No. 145 of 2018 THE UNION TERRITORY GOODS AND SERVICES TAX (AMENDMENT) BILL, 2018 5 A BILL to amend the Union Territory Goods and Services Tax Act, 2017. BE it enacted by
More informationDomestic Information. Return of excisable goods and availment of CENVAT credit for the Month. Large Taxpayer Unit opted for (name of the city)*.
Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi Notification No. 23/2006-Central Excise (N.T.) Dated 12th October, 2006 G.S.R.(E). - In exercise
More informationSERVICE TAX AMENDMENTS
IPCC Service Tax Amendments Applicable for Nov 2016 Exam ST.1 C A - I P C C SERVICE TAX AMENDMENTS FOR NOV 2016 EXAM A SERVICE TAX A.1 Charging Section A.1.1 Negative List [Sec 66D] (a) Services provided
More information[TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY]
[TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No.24/2018-Central Tax (Rate)
More informationService Tax Procedures
6.1 Introduction 6 Service Tax Procedures We have already understood the concept of service, negative list of services, point of taxation, valuation, exemptions and abatement in respect of various taxable
More informationINDIRECT TAXES CENTRAL EXCISE
INDIRECT TAXES CENTRAL EXCISE Amendments made effective immediately The Clean Energy cess is to be renamed as Clean Environment cess. The effective rate of Clean Energy cess proposed to be increased from
More informationSUPPLEMENTARY DECEMBER PAPER - 11
SUPPLEMENTARY DECEMBER - 2018 PAPER - 11 List of major Amendment Notifications, Circulars (issued upto 31.05.2018) applicable for December, 2018 term of examination: W.e.f. 01.11.2017 Paper - 11 1. Notification
More informationTHE POWER OF BEING UNDERSTOOD
THE POWER OF BEING UNDERSTOOD www.rsmindia.in Newsflash: Service Tax Liability Shifted on Importer in case of Ocean Freight The Government of India had made significant changes with effect from 22 January
More informationPress Release. Operational Statistics
Press Release Gurgaon, May 9, : IndiGo signs term sheet f 50 ATR 72-600 aircraft. Repts EBITDAR of INR 54,408.48 million and Profit After Tax of INR 16,591.88 million f the fiscal year. Board of Directs
More informationSERVICE TAX NOTIFICATION
SERVICE TAX NOTIFICATION -COPY OF- NOTIFICATION NO.12/2013-SERVICE TAX Dated 1 st July, 2013 In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994) (hereinafter
More informationLegal Framework - - Services to/by Government
Legal Framework - - Services to/by Government S KHAITAN & ASSOCIATES SHUBHAM KHAITAN LEGAL FRAMEWORK - SERVICES TO/BY GOVERNMENT Relevant Definitions As per Section 2(53) of the CGST Act 2017, Government
More information02414N ipfft TT. /TRADE NOTICE NO.03/2016-CCEIII
) c.1 I ci-r 31Trff-671 31-61=1-4-141-111 COMMISSIONERATE OF CENTRAL EXCISE & SERVICE TAX AHMEDABAD-III '4-1-49. CUSTOMS HOUSE, 3TTWW -4Tcril 1:1NiNEAR.ALL INDIA RADIO, NAVARANGAPURA, 3-1 4-1 q 1,41 q
More informationPress Release. Profitability Metrics
Press Release IndiGo repts recd profit after tax of INR 22,423.74 million f fiscal 2018 Gurgaon, May 02, 2018: InterGlobe Aviation Ltd. ( IndiGo ) today repted its fourth quarter and fiscal year 2018 results
More informationSummary of Notifications, Circulars from 16 th January2018 to 15 th February 2018
Summary of Notifications, Circulars from 16 th January2018 to 15 th February 2018 Collection of Revenue from Indirect Taxes Post introduction of GST, Central Revenue from Indirect Taxes has been estimated
More informationF. No. B1/16/2007-TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi
F. No. B1/16/2007-TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi Dated 22nd May, 2007 Post Budget 2007-08 Notifications to give effect to
More informationPreliminary and Administration
Chapter I Preliminary and Administration FAQ s Definitions (Section 2) Section 2 of the Central Goods and Services Tax Act, 2017 ( the CGST Act, 2017 or the CGST Act ) Agriculturist [Section 2(7)] Q1.
More informationvlk/kkj.k EXTRAORDINARY Hkkx II [k.m 1 PART II Section 1 izkf/kdkj ls izdkf'kr PUBLISHED BY AUTHORITY
jftlvªh lañ Mhñ,yñ (,u)04@0007@2003 18 REGISTERED NO. DL (N)04/0007/2003 18 THE CENTRAL GOODS AND SERVICES TAX (AMENDMENT) ACT, 2018 (NO. 31 OF 2018) [29th August, 2018] An Act further to amend the Central
More informationFAQ s and MCQ s on GST
FAQ s and MCQ s on GST (January, 2018) The Institute of Chartered Accountants of India (Set up by an Act of Parliament) New Delhi The Institute of Chartered Accountants of India All rights reserved. No
More informationGOODS & SERVICES TAX / IDT UPDATE 36
GOODS & SERVICES TAX / IDT UPDATE 36 Central Goods and Service Tax (Amendment ) Rules,2018 The Central Government vide Notification No. 3/2018 Central Tax dated 23rd January,2018 has amended Central Goods
More informationGOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION INCOME-TAX
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION
More informationTHE ODISHA VALUE ADDED TAX ACT, ORISSA ACT 4 OF 2005
1 ORISSA ACT 4 OF 2005 An ACT to provide for the imposition and collection of tax on the sale or purchase of goods in the State. Be it enacted by the Legislature of the State of Orissa in the Fifty-fifth
More informationCENVAT CREDIT SCHEME FOR SERVICE PROVIDERS
CENVAT CREDIT SCHEME FOR SERVICE PROVIDERS By Vishal Agrawal Managing Partner, TLC Legal, Advocates 22 nd November, 2013 Cenvat Credit Rules,2004 2 Service tax on employee recoveries Amounts paid by the
More informationTHE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
ICAI/IDTC/2017-18/Rep/4 27 th March, 2018 Shri Upender Gupta Commissioner, Goods and Services Tax Policy Wing Central Board of Excise & Customs, Department of Revenue, Government of India, North Block,
More information[To be Published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i)]
[To be Published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification New Delhi, the 30 th June, 2018
More informationFrance The Causses Self-guided Tour 12s3
BOOKING FORM Members booking together but not residing at the same address, who have different responses to a,c d, must complete separate Booking Fms. Use reverse side to give additional infmation. Please
More informationCA Pritam Mahure. May 14
CA Pritam Mahure There shall be levied a tax (hereinafter referred to as the service tax) at the rate of twelve per cent. On the value of all services, Other than those services specified in the negative
More informationCHNAGES IN THE FINANCE ACT Effective 14/05/2016 Effective from 01/06/2016 CHANGES THROUGH NOTIFICATION
CHNAGES IN THE FINANCE ACT 1994 Effective 14/05/2016 Effective from 01/06/2016 CHANGES THROUGH NOTIFICATION Effective from 01/03/2016 Effective from the date of the Notification Effective from 01/04/2016
More informationDesiring to further develop their economic relationship and to enhance their co-operation in tax matters,
CONVENTION BETWEEN JAPAN AND THE REPUBLIC OF SLOVENIA FOR THE ELIMINATION OF DOUBLE TAXATION WITH RESPECT TO TAXES ON INCOME AND THE PREVENTION OF TAX EVASION AND AVOIDANCE Japan and the Republic of Slovenia,
More information1 GOVERNMENT OF JHARKHAND COMMERCIAL TAXES DEPARTMENT NOTIFICATION CENTRAL SALES TAX (JHARKHAND) RULES, 2006
1 GOVERNMENT OF JHARKHAND COMMERCIAL TAXES DEPARTMENT NOTIFICATION CENTRAL SALES TAX (JHARKHAND) RULES, 2006 S.O. 143 dated 23.07.2011 In exercise of the powers conferred by sub-section (3) and (4) of
More informationHARYANA GOVT. GAZ. (EXTRA.), SEPT. 28, 2018 (ASVN. 6, 1940 SAKA) 267 PART - I HARYANA GOVERNMENT LAW AND LEGISLATIVE DEPARTMENT Notification The 28th
Haryana Government Gazette EXTRAORDINARY Published by Authority Govt. of Haryana No. 166-2018/Ext. ] CHANDIGARH, FRIDAY, SEPTEMBER 28, 2018 (ASVINA 6, 1940 SAKA ) LEGISLATIVE SUPPLEMENT CONTENTS PAGES
More informationSIGNIFICANT NOTIFICATIONS / CIRCULARS ISSUED DURING THE PERIOD 16 TH JUNE, 2012 TO 15 TH JULY, 2012
SIGNIFICANT NOTIFICATIONS / CIRCULARS ISSUED DURING THE PERIOD 16 TH JUNE, 2012 TO 15 TH JULY, 2012 A. SERVICE TAX 1. Pursuant to the negative list becoming effective from July 1, 2012, various consequential
More informationNotification No. 39/2018 Central Tax
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance Department of Revenue entral Board of Indirect es and ustoms Notification
More information(2) They shall come into force on the date of their publication in the Official Gazette.
INCOME TAX -COPY OF- NOTIFICATION NO.96/2013 Dated 23 rd December, 2013 In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby
More informationAbout the E-newsletter
. About the E-newsletter September, 2015 Dear Users, Thecompaniesact2013.com imports yet another innovation for all the valuable users in the form of e-newsletter. This is the first issue of the September
More informationSERVICE TAX EXEMPTION LIMIT 2012 NOTIFICATION
23 April, 2018 SERVICE TAX EXEMPTION LIMIT 2012 NOTIFICATION Document Filetype: PDF 344.62 KB 0 SERVICE TAX EXEMPTION LIMIT 2012 NOTIFICATION Do you want to know about the small service provider exemption?..
More informationSub:- Explanatory circular on Fringe Benefit Tax arising on allotment or transfer of specified securities or sweat equity shares.
Circular No 9/2007 F. No. 142/25/2007-TPL Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) **** New Delhi, the 20 th December, 2007 To All Chief Commissioners
More informationTHE CENTRAL GOODS AND SERVICES TAX (AMENDMENT) BILL, 2018
1 As INTRODUCED IN LOK SABHA Bill No. 143 of 2018 THE CENTRAL GOODS AND SERVICES TAX (AMENDMENT) BILL, 2018 A BILL further to amend the Central Goods and Services Tax Act, 2017. BE it enacted by Parliament
More information[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect es and Customs Notification
More informationDouble Taxation Agreement between India and Bangladesh
Double Taxation Agreement between India and Bangladesh Signed on May 27, 1992 This document was downloaded from the Dezan Shira & Associates Online Library and was compiled by the tax experts at Dezan
More informationCHAPTER VI SERVICE TAX
Page 1 of 16 CHAPTER VI SERVICE TAX 119. In the Finance Act, 1994, with effect from such date as the Central Government may, by notification in the Official Gazette, appoint, (1) for section 65, the following
More information