Expert Knowledge,
Straight from Practitioners.
Tax tips, legal guides, and financial advice written by the same verified CAs, Advocates, and Advisors you can consult on ConsultEase.
Eligibility for LUT in place of Bond in GST
Eligibility for LUT in place of Bond in GST for exports Notification No. 16/2017 – Central Tax Eligibility for LUT in place of Bond in GST for exports. You can see the format of LUT given in RFD 11 here. (i) The following registered person
Format for LUT in GST for Exports: RFD 11
Format for LUT in GST : RFD 11 You can draft it online at this link(Click here) Format for LUT in GST for exports FORM GST RFD-11 [See rule 96A] Furnishing of bond or Letter of Undertaking for export of goods or services 1. GSTIN
Important clarifications on GST export under bond/LUT
Important clarifications on GST export under bond/LUT(Circular No. 2/2/2017-GST) Important clarifications on GST export under bond/LUT. Format of LUT is available here. Various communications have been received from the field formations and exporters on the issue of difficulties being faced while supplying the goods or services
Format of Bond under GST for Export
Format of Bond under GST for Export Format of Bond under GST for Export is provided here. Exporters not eligible for export under LUT will be liable to provide a bond for export under GST without payment of IGST. Format of LUT is given here
GST on builders 18% excluding notional land value
GST on builders: Notification No. 11/2017 rate GST rates on builders as notified by CBEC. Value of land will be excluded and will be assumed as 33%. Inclusion of value of land for GST on builders: In case of supply of construction services involving transfer
CA Shafaly GirdharwalGST when refund of ITC not allowed Notification No.5/2017
GST when refund of ITC not allowed Notification No.5/2017 GST credit of ITC not allowed Notification No.5/2017 G.S.R. (E).- In exercise of the powers conferred by clause (ii) of the proviso to sub-section (3) of section 54 of the Central Goods and Services Tax
CA Shafaly GirdharwalINVOICES UNDER GST
INVOICES UNDER GST Here’s a list of particulars to be provided in your invoice: INVOICES UNDER GST As per GST, various particulars regarding invoices have been provided. There’s no particular format to be followed, what matters is that all the particulars should be contained in
HSN Code wise list of Exempted goods in GST
HSN Code wise list of Exempted goods in GST 2/2017-Central Tax (Rate) HSN Code wise list of Exempted goods in GST as per notification No. 2/2017-Central Tax (Rate) Sl No. Chapter, Section or Heading Description of Goods 1 0101 Live asses, mules and hinnies 2 0102
GST Input tax credit Rules notified 3/2017
GST Input tax credit Rules notified 3/2017 GST Input tax credit Rules notified 3/2017 Documentary requirements and conditions for claiming input tax credit.- (1)The input tax credit shall be availed by a registered person, including the Input Service Distributor, on the basis of any
GST Determination of Value of Supply rules 3/2017
GST Determination of Value of Supply rules 3/2017 GST Determination of Value of Supply rules 3/2017 Rule 27 Value of supply of goods or services where the consideration is not wholly in money.- Where the supply of goods or services is for a consideration not
GST Accounts and Records rules notified
GST Accounts and Records rules notified GST Accounts and Records rules notified Maintenance of accounts by registered persons.- (1) Every registered person shall keep and maintain, in addition to the particulars mentioned in sub-section (1) of section 35, a true and correct account of the
GST Tax Invoice, Credit Note, Debit Note rules
GST Tax Invoice, Credit Note, Debit Note rules GST Tax Invoice, Credit Note, Debit Note rules. Tax invoice.- Subject to rule 54, a tax invoice referred to in section 31 shall be issued by the registered person containing the following particulars, namely,- name, address