Ramming Mass which is a Refractory Material is classifiable under HSN code 3816 and would attract 18% rate of tax under GST 9% CGST 9% SGST Quartz powder obtained by crushing Quartz stones falls under HSN code 2806 and would attract 5% rate of tax under GST % CGST % SGST FULL TEXT OF ORDER OF AUTHORITY OF
The said service is classifiable under Licensing services for the right to use minerals including its exploration and evaluation at Serial No 257 Heading 9973 Group 99733 sub heading 997337 of annexure Scheme of classification of Services for Notification No 11/2017 CT Rate dated d
Levy of tax on royalty was earlier disputed in service tax regime and now under GST regime the applicability is not a matter of dispute but the gst rate on royalty is the matter of dispute where the government has clarified vide Notification No 27/2018 Central Tax Rate as an amendment to Original Notification No 11/2017 Central Tax Rate
Liability to pay service tax Hiring of motor vehicle designed to carry passenger Service recipient Service provider a] with abatement 100% nil b] without abatement 40% 60% Cenvet benefits under Service Tax available on pfofessional charges paid by one ca firm to another ca firm Reply April 1 2013 at 2 02 pm
In re Kalaiselvan SAGO Factory GST AAR Tamil Nadu Introduction The case of Kalaiselvan SAGO Factory under the GST AAR Tamil Nadu delves into the availability of input tax credit ITC for GST paid at the time of purchase or repairs particularly concerning JCB vehicles used for business 1 Background of the Case M/s Sri Kalaiselvan Sago
The payment of tax under Para 5 of Notification 13/2017 dated 28th June 2017 on RCM basis is not applicable to the DMF Trust Hence the applicant being recipient of service from DMF Trust is not liable to pay the GST on RCM basis The levy if at all applicable is on forward charge and shall be liable to be paid by the supplier of service
Dr Sanjiv Agarwal We are at the beginning of financial year 2015 16 now and it is time to realize and accept that exemption regime of Service Tax has changed with effect from 1 st April 2015 backed by Notification No 6/2015 ST dated amending the mega exemption Notification No 25/2012 ST dated of these amendments shall be
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Service Tax Reverse Charge Notification No 30/2012 ST Dated 20 6 2012 as amended by CBEC Notification No 15/2017 ST dated 13 04 2017 concern and Service recipient is government entity and the service provided by the provider related to Works Contract Service then payment of service tax under Reverse Charge mechanism RCM 50% is
Liability to pay service tax Hiring of motor vehicle designed to carry passenger Service recipient Service provider a] with abatement 100% nil b] without abatement 40% 60% Cenvet benefits under Service Tax available on pfofessional charges paid by one ca firm to another ca firm Reply April 1 2013 at 2 02 pm
Even the legal position under erstwhile service tax was the same Exemption till 10 Lakhs of turnover was granted for service providers vide Notification No 33/2012 Service Tax However services subjected to RCM were specifically kept out of such exemption Since GST is brought in to replace the service tax provisions unless the plain
Dr Sanjiv Agarwal the concept of Service Tax has changed What is taxed now is an activity which gets covered under the scope of service as defined in section 65B 44 of the Finance Act 1994 as amended
When is abatement available for Rent A Cab Service As per Sr No 9 of Notification No 26/2012 ST dated 20 06 2012 abatement of 60% is available on Rent A Cab Service service of renting of any motor vehicle designed to carry means service tax is payable on only 40% of the value of Rent A Cab service
2 The threshold exemption which was available to all service providers vide Notification No 6/2005 ST dated as amended from time to time and last amended vide Notification No 33/2012 ST dated and new Notification No 25/2012 ST dated has been superseded by Notification No 33/2012 dated 20/06/2012 Since this
Important Points Definition of Auxiliary educational services is a very wide definition and it covers almost all the activities which may be provided to educational institutions by external service providers Practically all the services provided to educational institutions will fall within the definition of Auxiliary educational services
Depreciation is discussed under Section 32 of the Income Tax Act 1961 As per the Income Tax Act deductions for deprecation are applicable for both tangible and non tangible assets Our Goods & Services Tax course includes tutorial videos guides and expert assistance to help you in mastering Goods and Services Tax Clear can also help
Example If Service Tax liability determined by Central Exercise Officer is Rs 1 00 000/ then subsequently in appeal made the Service Tax determined by the Commissioner Appeals was Rs 1 50 000/ in further appeal Appellate Tribunal determined tax liability of Rs 1 20 000/ then in such case if payment is made within 30 days then amount
Provided that the goods transport agency opting to pay integrated tax 12% under this entry shall thenceforth be liable to pay integrated tax 12% on all the services of GTA supplied by it GST rate on Rental 01 07 17 to 18 07 22
2 The threshold exemption which was available to all service providers vide Notification No 6/2005 ST dated as amended from time to time and last amended vide Notification No 33/2012 ST dated and new Notification No 25/2012 ST dated has been superseded by Notification No 33/2012 dated 20/06/2012 Since this
Goods or services or both on which tax has been paid under section 10; ie Under section 10 composition scheme 14 Goods or services or both received by a non resident taxable person Except on goods imported by him 15 Goods or services or both used for personal consumption 16 Goods lost 17 Goods written off 18 Goods
If royalty is treated as lease rent because it is being paid for the land and land being is the immovable property there is no question of GST under reverse charges because Sl No 5 of Notification No 13/2017 Central Tax Rate says as Services supplied by the Services supplied by the Central Government State Government Union territory
1 Background of Refund under Inverted Duty Structure in GST Value Added Tax on goods and services across the globe envisage the full credit of tax paid on underlying inputs such as goods and services for the payment of outward tax applicable to the principal transaction
As per the provision in the notification the service tax under reverse charge on supply of manpower for any purpose or security service was paid partially by the service provider and service receiver in the ratio of 25 75 respectively up to 31 st March 2015
Sudipta Bhattacharjee Partner Advaita Legal Since the expansion of the concept of taxable service under the erstwhile service tax regime vide introduction of a negative list based regime in 2012 and legislative amendments in 2016 and now under the goods and services tax GST there has been a constant tussle between tax authorities and mining lease
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