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News

Archive for August, 2017

Circular No. 5/2017- dated 11.08.2017 GST for furnishing of Bond/Letter of Undertaking for exports.

Posted on Saturday, August 12th, 2017 at 12:43 and is filed under GST Whats New, RNC Updates

The CBEC has issued Circular No. 5/2017-GST dated 11.08.2017 for clarification on issues related to furnishing Bond / Latter of Undertaking for Exports.

 

Decisions taken in 20th GST Council Meeting held on 5 Aug. 2017; GST Rates reduced for certain Services

Posted on Tuesday, August 8th, 2017 at 17:32 and is filed under GST Whats New, RNC Updates

1. Job work services in respect of the textiles and textile products (including MMF yarn, garments, made-ups, etc. falling in Chapters 50 to 63): GST Rate reduced from 18% or 5% to 5%