Works contract hsn code and gst rate|GST on government works contracts 2023

Works contract hsn code and gst rate

This article covers complete information about works contract along with works contract hsn code and gst rate. In works contract services, total three types of Works Contract GST rates on works contract services. That is 18% GST, 12% GST and 5% GST. Let me clear here, hsn code will be always 9954 for works contract … Read more

Transfer of amount from one GSTN to another GSTN in Electronic Cash Ledger

Electronic Cash Ledger in GST (1)

From 05.07.2022, it will be now possible to transfer amount from one Electronic Cash Ledger to another Electronic Cash Ledger between the distinct persons Now question is what is meaning of distinct person? Where more than one registration under GST has been taken in single pan, then each such person shall be treated as distinct … Read more

Latest GST updates in July-2022

GST Latest Updates 2022

There are latest gst notifications 2022 issued in July-2022 and certain changes in gst have been made. Notification No 09/2022, 10/2022, 11/2022, 12/2022, 13/2022 and 14/2022 of Central Tax have been issued on 05/07/2022. All these notifications are taking place from 05.07.2022. In this article the changes in GST by these notifications have been presented … Read more

Changes in GST Budget 2022

gst changes in Budget 2022

Introduction GST budget 2022-23. The finance bill 2022 was presented in Lok Shabha on 1/02/2022by Honorable Finance Minster Nirmala Sitharaman In GST, many changes have been proposed like changes in ITC provisions, extension of time limit  for issuance of credit notes, changes in furnishing details of outward supply, changes in interest provisions and any other … Read more

GST E-invoice limit reduced to Rs. 5 Crores wef 01/08/2023

e-invoice

The CBIC notified the reduction in the applicability of GST E-invoicing threshold from 10 Crores to  Rs 5 Crores with effect from 1st August, 2023. E-Invoicing will be mandatory for registered persons whose aggregate turnover  in any preceding financial year from 2017-18 onwards exceeds five crore rupees in respect of supply of goods or  services … Read more

IGST Notifications 2020|Latest GST notification 2020

igst notifications 2020

The goal of this article is to cover all IGST notifications 2020. All latest IGST Notification issued in the year 2020 have been covered in this article. notifications on gst issued in the 2020 have been covered in this article. In addition gst notification 2020 latest pdf download facility has been provided in this article. … Read more

IGST Notifications 2019|GST Notifications 2019

GST Notifications 2019

January 27, 2022 by Raksha Parikh The goal of this article is to cover all GST notifications 2019. All IGST Notifications issued in the year 2019 have been covered in this article. notifications on gst issued in 2019 have been covered in this article. In addition gst notification 2019 latest pdf download facility has been provided in … Read more

GST Compensation Cess(Rate) Notifications 2021|GST Compensation Cess 2021

gst compensation cess 2021

The goal of this article is to cover all GST compensation cess 2021 notifications. All GST Compensation Cess (Rate) Notifications issued in the year 2021 have been covered in this article. notifications on gst issued in the year 2021 have been covered in this article. In addition gst notification 2021 latest pdf download facility has … Read more