Income Tax Return Season of income tax returns has commenced. You need to show your Income to Income Tax Authorities on or before 31st July. By now, you must have received Form-16 and an instruction to file the returns as soon as possible from HR
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
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 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
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
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
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
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 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 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
