Supplied for exports – Goods taxed at concessional rate Taxing at rate of 0.05% for Intra state supply of taxable goods by a registered supplier to a registered Supplied for exports subject to the following conditions:
Tag Archives: GST
Goods and Services Tax i.e.GST is just the replacement of Indirect taxes like Sales tax,Service tax and Excise duty.which indirectly effect the customers
RERA and GST in Real Estate Sector Before analysing the relation between both the legislations i.e. RERA and GST, the reader should know about what is RERA and the impact of GST on Real Estate Sector is. For the convenience of reader ,the article is divided into three segments:
Valuation rules under GST could lead to transfer pricing disputes As companies focus on the country’s biggest indirect tax reform — Goods and Services Tax — an old ghost of transfer pricing may come to haunt them in the coming years, warn tax experts.
Electronic Liability Register under GST- Things You Must Know 1. What is an Electronic Liability Register? In an Electronic Liability Register, all liabilities accrued by the taxpayer are displayed. Payments made from the Electronic Cash Ledger and/or credit utilized to discharge the liabilities are also shown in the ledger. It can be accessed in the […]
Gist of GST notifications effect to recommendations GST Council meeting The GST Council on October 6, 2017, has introduced slew of reforms in its 22nd meeting held at New Delhi, amidst the anomalies going on in the Trade and Industry on various critical provisions of GST Law and Rules made there under GST notifications. To […]