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FY 2018-19 Actions in September 2019 returns
Background
Unlike in FY 2017-18 where the assesses were provided with extension of time limit for rectifying the errors or omissions and availment of input tax credit through removal of difficulties (ROD) order no. 02/2018, the time limits for FY 2018-19 have yet been extended. However, considering significant delay in FY 2017-18 GST compliances, in order to provide an opportunity to the assesses it would be expected to extend the time limit for ITC claim (probably upto 31st December...
Read moreRate of tax for hotel accommodation – after 37th GST Council’s recommendation
Sep ‘19 The rate of tax for the accommodation services up to 30th Sep ’19 is as below: Old rate
|
Transaction value per unit per day |
GST (new rate of tax) |
|
Less than INR 1,000 (per unit) |
Nil |
|
INR 1,000 to INR 2,499 |
12 percent |
|
INR 2,500 to INR 7,499 |
18 percent |
|
INR 7,500 and more |
28... |