Posted On:  4 weeks ago


UTGST Rate on Works Contract Services provided to Govt. for non commercial purpose

A residential complex predominantly meant for self-use or the use of their employees or other persons specified in paragraph 3 of the Schedule III of the Central Goods and Services Tax Act, 2017.

article author One Roof Consultant

Posted On:  4 weeks ago


CBEC reduces CGST rate on specified supplies of Works Contract Services

CBEC Seeks to amend notification No. 11/2017-CT(R) to reduce CGST rate on specified supplies of Works Contract Services vide Notification No. 24/2017-Central Tax (Rate) dated : 21st September, 2017

article author One Roof Consultant

Posted On:  1 month ago


No additional burden on Home buyers under GST

The CBEC and States have received several complaints that in view of the works contract service tax rate under GST at 12% in respect of under construction flats, complex etc, the people who have booked flats and made part payment are being asked to make entire payment before 1st July 2017 or to face higher tax incidence for payment made after 1st July 2017. This is against the GST law. as explained below.

article author CA Chirag Chauhan

Posted On:  1 month ago


GST FAQ on Government Services

These include services provided by government or a local authority or governmental authority by way of any activity in relation to any function entrusted to a municipality under Article 243W of the Constitution and services by a governmental authority by way of any activity in relation to any function entrusted to a Panchayat under article 243G of the Constitut

article author CA Chirag Chauhan

Posted On:  4 months ago


Analysis of Goods & Service Tax (GST) on Real Estate Industry

If Government/GST Council will rectify defects pointed out by me in the said article then it will help in reducing inflation & also help in achieving Government’s mission of creating employment, creating smart cities, good infrastructure & ‘Housing for All’ mission by 2022. Please note that my above article is also uploaded in www.taxguru.in website on 29-05-2017.

article author CA JINESH GADA

Posted On:  5 months ago


Composition scheme under the GST

The word ‘composition’ comes from the Latin componere, meaning "put together". It is a feature of Indirect Tax laws that in order to provide a comfort to assessee from complying with the requirement of paying tax on value addition by maintaining detail of ‘inputs’ and ‘outputs’, a option is provided to go for a put together scheme.

article author KUNAL BUDHRAJA

Posted On:  1 year ago


Krishi Kalyan Cess (KKC)-All you need to know

Recently in Budget 2016 the finance minister Mr. Arun jaitley has announced i.e. KKC (Krishi Kalyan Cess) to be levied at the rate of 0.50% on all taxable services. The objective behind the introduction of KKC was to finance the agriculture sector and make an improvement in welfare of the farmers.

article author One Roof Consultant

Posted On:  2 years ago


What is Swach Bharat cess ??

Know all about swach bharat cess, a complehensive guide on applicability of swach bharat cess, Return filing etc.

article author CA Nikesh Sheth