Articles under GST

GST practitioners exam date and syllabus

  GST practitioners examination enrolment    The first examination for such GSTPs has just been led on 31.10.2018. The next examination for them will be conducted on 7.12.2018   The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) has been authorized to conduct an examination for confirmation of enrollment of Goods and Services Tax Practitioners (GSTPs) in terms of the sub-rule (3) of Rule 83 of the Central Goods and Services Tax Rules, 20

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Whether products sent by a taxable person to a job worker be treated as supply and will they be liable to GST?

Whether products sent by a taxable person to a job worker be treated as supply and will they be liable to GST? No, the products sent by a taxable person to a job worker is not a supply, as there is no transfer of title and no consideration for the products is involved. In terms of section 143 of the CGST Act, 2017 a registered taxable person (the principal), after following the prescribed procedure, may send any inputs or capital goods, without payment of GST, to a job worker for job work a

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Is Exports of software services draw in GST?

Is Exports of software services attracting GST   Exports and supplies to SEZ units and SEZ developers are zero-rated in GST. Zero-rating effectively means that no tax is payable on exports but the exporter/supplier is entitled to the input tax credit on inputs/input services used in relation to exports.  The exporters have two choices for zero rating, which are as per the following: 1. To pay integrated tax on supplies meant to be exported and get refund of tax so paid af

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Model of INDIAN GST

Design of INDIAN GST   Indian GST outline, Different pattern of Indian GST Concurrent dual model of GST India has adopted dual GST model because of its unique federal nature. Under this model, tax is levied concurrently by the Centre as well as the States on a common base, i.e. supply of goods or services or both. GST to be levied by the Centre would be called Central GST (Central tax / CGST) and that to be levied by the States would be called State GST (State Tax / SGST). Sta

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Step by step registration process of TDS Deductors in GST

Step by step process of registration of TDS Deductors in GST   How to register TDS deductors in GST? What are the registration process of TDS deductors in GST? Steps to register TDS deductors in GST   STEP 1: Entering User credentials for Registration Application 1. Go to the GST Portal at www.gst.gov.in 2. Click on the “Services” Tab →Click on “Registration” →Select “New Registration”. 3. Find the box “I

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