Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
GST - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

Refund of tax to certain persons - specified person u/s 55 - ...

GST

June 14, 2018

Refund of tax to certain persons - specified person u/s 55 - Removal of restriction of Invoice Value of ₹ 5000/- made with retrospective effect i.e. 1.7.2017 instead of 29.12.2017 - See GST Rules as amended.

View Source

 


 

You may also like:

  1. Refund of tax to certain persons - Rule 95 as amended

  2. C.I.F. value of import of consumer electronic items at any one time by any person through post or otherwise for personal use is enhanced to ₹ 50,000/- from ₹ 2,000/-

  3. Transportation of goods without issue of invoice - Rule 55 of the Central Goods and Services Tax Rules, 2017 - Rule 55(5) amended to include Transportation in batches or lots

  4. FEE FOR FILING e- Form DIR-3 KYC under rule 12A - Nill fee if submitted Upto 30th April (this year upto 31-8-2018) - Else ₹ 5000/-

  5. Services provided by Government or a local authority where the gross amount charged for such service does not exceed ₹ 5000/-have been exempted

  6. Any Payment above ₹ 5,000 to Suppliers, contractors, grantee/loanee institutions etc by Government Departments to be now made through e-Payment

  7. Applicability of section 50 on sale proceeds on sale bottles, crates and cylinders whose individual cost did not exceed ₹ 5,000 - purchase were made before...

  8. Direction to be made for release the Tanker - illegal detention - to be released with per day damages to be granted or not @ ₹ 5,000/- - HC

  9. All persons (other than Individuals) entering into a transaction of ₹ 2.50 Lakhs or more shall be required to obtain PAN including its key persons (officers)

  10. Supplies of goods in respect of which no refund of unutilised input tax credit shall be allowed - Notification as amended [restriction of ITC on certain fabrics]

 

Quick Updates:Latest Updates