NOTE ON SELF-SEALING PROCEDURE FOR EXPORTERS

Implementation of electronic sealing for containers by exporters under self-sealing procedure has been prescribed by circular 26/2017-Cus dated 1.01.2017, 36/2017-Cus, dated 28.08.2017 and 37/2017-Cus dated 20.09.2017. The revised procedure of the CBEC vide Circular...

GST Knowledge Sharing

Hello Everyone! Today we are sharing the highlights of proposed changes made as per discussions in the 22nd GST Council Meeting held on 6th October, 2017. Click here to download. The next GST Council Meeting will be held on November 9, 2017. Note: The proposed changes...

GST KNOWLEDGE SHARING: SCOPE OF SUPPLY UNDER GST

SCOPE OF SUPPLY UNDER GST In the GST regime, tax whether CGST, SGST or IGST is chargeable only when there is a “supply” of goods and/ or services. Thus it is imperative to understand the meaning of the term “supply”. Meaning and scope of “supply” is...

GST RETURN FILING FOR THE MONTH OF SEPTEMBER 2017

Dear Readers, In the month of September though the number of working days are less, a huge list of compliances exist under GST.  Sharing herewith a calendar for compliances under GST for  ease of reference. . Click here to...

GST KNOWLEDGE SHARING: ADVANCE RULING UNDER GST

ADVANCE RULING UNDER GST In the current times when it has been two months of GST regime, a number of situations which have come to fore where definitive clarifications are required and the law is not much of help. Also, there are unclear situations regarding which...

10 Points Series 2017 – Input Tax Credit – Negative list

Hello Everyone! Today we are sharing 10 point summary on “Goods or Services on which no Input Tax Credit is available“. Next, we would be sharing a 10 Point summary on “Apportionment of Input Tax Credit“, so stay tuned! We are happy to answer any queries you may have...