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GST - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Recommendations made during 31st Meeting of the GST Council held ...

GST

December 22, 2018

Recommendations made during 31st Meeting of the GST Council held on 22nd December, 2018 (New Delhi)-Rate changes

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  1. Fresh exemption from GST on certain services as recommended by Goods and Services Tax Council in its 31st meeting held on 22.12.2018.

  2. GST rates of various services as recommended by Goods and Services Tax Council in its 31st meeting held on 22.12.2018.

  3. 3 new services specified to be taxed under Reverse Charge Mechanism (RCM) as recommended by Goods and Services Tax Council in its 31st meeting held on 22.12.2018.

  4. Time limit for making the declaration in FORM GST ITC-04 for the period period from July, 2017 to September, 2018 extended till the 31st day of December, 2018.

  5. Classification of product - rate of tax - Energy-G premium oil - Correct HSN Code of "Energy-G premium Oil" is HSN 1518

  6. CENVAT credit - t credit cannot be availed on the capital goods received before the service became taxable under the Finance Act, 1994 - AT

  7. Refund of Service Tax - input services used for export of goods - service tax paid by MIAPL is under category which was not classified under Notification 17/2009-ST -...

  8. Extension of Due Date for filing of Income Tax Returns - from 31st July, 2018 to 31st August, 2018

  9. Amends Notification No. 36/2001-Customs(N.T) dated the 3rd August 2001 - Ntf. No. 89/2011 Dated: December 30, 2011

  10. Amends Notification No. 36/2001-Customs(N.T) dated the 3rd August 2001 - Ntf. No. 87/2011 Dated: December 15, 2011

 

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