IGST on Helicopter Passenger Transport via Seat Share
Home Goods and Services Tax Notifications Integrated Tax (Rate) On 8th October 2024, the Ministry of Finance released Notification No. 07/2024-Integrated Tax (Rate), which updates the Integrated Goods and Services Tax (IGST) framework. This notification adds a new provision to the tax rate schedule concerning the transportation of passengers by air in helicopters on a […]
Corrigendum to N/No. 09/2024-IGST(R)- Any property to be read as any immovable property
Home Goods and Services Tax Notifications Integrated Tax (Rate) On October 22, 2024, the Government of India, through the Ministry of Finance (Department of Revenue), published a corrigendum related to Notification No. 09/2024 on Integrated Tax (Rate), originally issued on October 8, 2024. The correction clarifies a specific entry in the notification published in the […]
UTGST: Changes to Reverse Charge Mechanism (RCM) for Metal Scrap
Home Goods and Services Tax UT Tax Notifications Ministry of Finance has issued Notification No. 06/2024-Union Territory Tax (Rate) on 8th October 2024, amending the Union Territory Goods and Services Tax (UTGST) rates under section 7(3) of the UTGST Act, 2017. This notification modifies the existing provisions concerning the reverse charge mechanism (RCM) for transactions […]
UTGST on Helicopter Passenger Transport via Seat Share
Home Goods and Services Tax UT Tax Notifications On 8th October 2024, the Ministry of Finance issued Notification No. 07/2024-Union Territory Tax (Rate), amending the Union Territory Goods and Services Tax (UTGST) rates under the provisions of the UTGST Act, 2017. The notification adds a new entry in the existing tax rate schedule regarding the […]
Union Territory Goods and Services Tax (Ladakh) Rules, 2024
Home Goods and Services Tax UT Tax Notifications On October 7, 2024, the Ministry of Finance issued Notification No. 02/2024 regarding the Union Territory Goods and Services Tax (Ladakh) Rules, 2024. These rules, which come into effect upon publication, adapt the Central Goods and Services Tax Rules, 2017, to the specific context of Ladakh. Key […]
Union Territory Tax Rate Amendment 2024: Changes to Notification 01/2017
Home Goods and Services Tax Notifications UT Tax (Rate) The Government of India, under the Ministry of Finance, has issued Notification No. 01/2024-Union Territory Tax (Rate), dated 3rd January, 2024, amending the existing Notification No. 01/2017- Union Territory Tax (Rate) dated 28th June, 2017. This amendment brings about changes in Schedule I – 2.5% of […]
UTGST: Amendment in GST on Property Renting
Home Goods and Services Tax Notifications UT Tax (Rate) Ministry of Finance, through Notification No. 09/2024-Union Territory Tax (Rate), dated October 8, 2024, introduces an amendment under the Union Territory Goods and Services Tax (UTGST) Act, 2017. This amendment adds a provision that services related to renting of any immovable property, other than a residential […]
Corrigendum to N/No. 09/2024-UTT(R)- Any property to be read as any immovable property
Home Goods and Services Tax Notifications UT Tax (Rate) On October 22, 2024, the Government of India, through the Ministry of Finance (Department of Revenue), issued a corrigendum regarding Notification No. 09/2024-Union Territory Tax (Rate) dated October 8, 2024. This corrigendum addresses a typographical error found in the notification published in the Gazette of India. […]
Exporter eligible for refund of Compensation Cess paid on exports
Home Goods and Services Tax Circulars Compensation Cess Circular No.1/1/2017-Compensation Cess F.No.354/136/2017-TRUGovernment of India Ministry of FinanceDepartment of Revenue (Tax Research Unit) ***** New Delhi, Dated 26th July, 2017 To, Principal Chief Commissioners/Principal Directors General, Chief Commissioners/Directors General, Principal Commissioners/Commissioners, All under CBEC. Madam/Sir, Subject: Clarification regarding applicability of section 16 of the IGST Act, […]
GST on Supply of satellite launch services inside & Outside India
Home Goods and Services Tax Circulars IGST Circular No. 2/1/2017-IGST F. No. 354/173/2017-TRUGovernment of India Ministry of FinanceDepartment of Revenue Tax research Unit **** North Block, New Delhi Dated: 27th September 2017 To, The Principal Chief Commissioners/Chief Commissioners/ Principal Commissioners/ Commissioner of Central Tax (All) / The Principal Director Generals/ Director Generals (All) Madam/Sir, Subject: […]