INDORE(MP) - 227-B, Bansi Trade Centre, 581/5, M.G. Road, Ph.0731-4076233, 0731-2543979 +91-98263-88550,
+91-98263-88551, +91-9753579890, +91-9926906890, +91-9826623890
RAIPUR (CG) - A-11 "Ashoka Millennium", Ring Road, Ph. 0771-2413090 +91-98264-23892
NEW DELHI - 124/8, 1st Floor, Arjun Nagar, Opp. B-6 Extn, Safdarjung Enclave Ph. 011-26194816
PITHAMPUR (M.P.) - BM-144, Housing Colony, Sector-I, Ph. 07292-252509, 407689 +91-98264-23891
MUMBAI (MH) - 215, "HUBTOWN VIVA", Western Express Highway, Jogeshwari (E), Ph. 022-67254179, 9594994920
banner

News

Archive for the RNC Updates

IGST~Circulars/Orders

Posted on Saturday, September 16th, 2017 at 13:16 and is filed under GST Circular, RNC Updates

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%

Declaration of valid GSTIN in Customs documents (BE/SB) would be mandatory

Posted on Wednesday, May 31st, 2017 at 18:45 and is filed under GST Whats New, RNC Updates

Declaration of valid GSTIN in Customs documents (BE/SB) would be mandatory w.e.f. 0000 hrs of 01-07-2017, the likely implementation date of GST, to avail IGST credit on Imports or GST refund on exports. The declared GSTIN would be validated for correct IEC/ PAN linkage. Accordingly, during GSTIN registration, please ensure declaration of correct IEC and the same PAN [earlier registered with DGFT for getting IEC]. In case of any difference in PAN declared for GSTIN vis-à-vis the PAN declared for IEC registration, amendment of PAN in IEC may be undertaken immediately. All concerned may make use of the special drive by GSTN from 01-06-2017 to 15-06-2017 for updation of IEC in GSTIN.

List of Services under reverse charge

Posted on Saturday, May 20th, 2017 at 10:30 and is filed under GST Whats New, RNC Updates

List of Services under reverse charge

Chapter wise GST rate schedule

Posted on Friday, May 19th, 2017 at 11:56 and is filed under GST Whats New, RNC Updates

chapter-wise-rate-wise-gst-schedule-18.05.2017

GST Compensation Cess Rates

Posted on Friday, May 19th, 2017 at 11:53 and is filed under GST Whats New, RNC Updates

gst-compensation-cess-rates-18.05.2017

 

GST – Taxpayers below Rs 1.5 Cr not required to use HSN in invoices; Supply for charity not taxable

Posted on Monday, April 3rd, 2017 at 18:20 and is filed under GST Recent Orders, RNC Updates

the GST Regime, the HSN (Harmonised System of Nomenclature) code shall be used for classifying the goods. Taxpayers whose turnover is above Rs. 1.5 crores but below Rs. 5 crores shall use 2-digit code and the taxpayers whose turnover is Rs. 5 crores and above shall use 4-digit code. Taxpayers whose turnover is below Rs. 1.5 crores are not required to mention HSN Code in their invoices.