Place of supply of goods or services Continuing with the discussion, today we shall discuss the changes made in the section 10. It is newly added clause in the draft GST law for determining place of supply of services where location of service provider or the location of service receiver is outside India.
Now restaurants cannot add service charges to your bill The government has just made eating out cheaper by bringing your restaurant bill down.Now restaurants cannot add service charges to your bill along with taxes.
Is it GST in india really a “One Nation One Tax” ? 1. Structure of GST in India The term “GST” stands for “Goods and Services Tax”, One Nation One Tax and would be a comprehensive indirect tax levy in India on manufacture, sale and consumption of goods as well as services at the national […]
Goods and Service Tax (GST) and Real Estate Sector As we all know that the whole nation has been dreaming for the biggest indirect tax reform i.e. implementation of the Goods and Service Tax (GST) for a decade, it is going to become a reality soon. Ever since the thunder of GST has hit the […]
GST Impact on last Service Tax Return ST-03 GST, the dream of Central Government will finally come true as GST Council has granted approval to CGST, IGST SGST, UTGST and Compensation law and these laws have been approved by the cabinet. So once again GST will become a matter of discussion for all industries.
APPLICABILITY OF GST LAW ON EDUCATIONAL INSTITUTIONS As per the present Service-tax law, all educational institutions are exempt from service-tax. In this regard, reference can be made to Notification on providing for exemption vide which all schools rendering education from pre-school to higher secondary level, are exempt.
Point of taxation under reverse charge Rule 7: Point of Taxation Rules, 2011 Notwithstanding anything contained in rules 3,4, or 8, the point of taxation in respect of the persons required to pay tax as recipients of service under the rules made in this regard in respect of services notified under sub-section (2) of section […]