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IAS Association condemns attack on Delhi Chief Secretary; demands immediate actionICAI removes name of O P Tulsyan from register of Members for five years in compliance with Allahabad HC orderST - Supreme Court agrees with Larger Bench CESTAT decision in Bhayana Builders - Revenue appeals dismissedCabinet clears bills on illicit deposit & chit funds regulations (See 'TIOLCorplaws')Cabinet nod for Tribunal on river disputeCabinet nod for bus bay near Indian Defence UniversityCabinet nod for coal mining methodologyCabinet okays Indo-Moroccan railway pactFive IRS officers appointed as CESTAT Members - Sanjiv Srivastava (Mumbai) + P Anjani Kr (Mumbai) + P Venkata Subba Rao (Hyderabad) + Bijay Kr (Delhi) + C L Mahar (Delhi)CBDT issues transfer order of four CITsI-T - Incriminating evidences obtained prior to date of search, cannot be roped in to make additions in case of unabated assessments: ITATPNB scam should pave road for financial transparencyBurdensome registration requirement under GST law be done away withST World Bank and International Finance Corporation are part of United Nations, therefore, there is no need to resort to definition of International Organization for extending benefit of notification 16/2002-ST: CESTATAnti Profiteering Application - An analysisCX - Merely on basis of statement given by one employee to police that raw materials worth Rs.2 crore were destroyed in fire, same cannot be taken as gospel truth: CESTATGovt keen to make agri schemes 'income-centric' rather than 'production-centric': MinisterKolkata DRI seizes 12.4 kg elephant tusk being smuggled from Assam to NepalDigital India successing becoz of people's pull: PMFish eats plastic & humans eat fish - serious health hazard: MinisterI-T - When assessee was only a licensee, not having exclusive rights over a property, vide unregistered document, it cannot claim to be owner of property for purpose of Sec 22: HCRailways relaxes upper age limit for Group C postsNo GST is leviable on goods sold/transferred while remaining in Customs bonded warehouseLeviability of IGST and as well as Compensation cess under Customs ActAG expresses concern over CBEC cases being dismissed by SC on ground of delayTime to shift focus from acronyms to gaps in performanceGST - Industry reports cumbersome procedures & high cost of compliance

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GST Circular 28 - Board makes a 'mess' of college hostel mess fees


Corrigendum to circular no 28

Sir, it is nice article and quick response there on. Rate of 5% vide Sl.No. 7(i) of 11/2017-CT is not a conditional one, like 5% without ITC and 18% with ITC, as indicates in the circular. It specifies the rate of 5% and NO ITC. Still the circular is not comprehensive in the subject matter. Canteen services provided by educational institute to other than it's students, faculty and staff , like provided to visitors are still taxable. Further the wordings ".... supply of service at entry (i) of notification No. 11/2017-CT (Rate) [as amended vide notification No. 46/2017-CT (Rate) dated 4.11.2017] to the concerned educational institution..." are not clear. Services provided by outsider to the educational institute would be catering services and the same provided to educational institute (providing education upto 10+2) are exempted vide sl.no. 66(b) of 12/2017 and in case same provided to other educational institutes it would attract 18% (with ITC) vide sl.No. 7(v) of 11/2017. However, in the context of circular, if such services are provided by outside contractors to the students, staff or anybody in the canteen located in the educational institute it would be services which attract 5% (no ITC) vide Sl.No. 7(i) of 11/2017. Hence, it appears some more clarity is required in this regard

mallikarjun reddy c 22/01/2018

 

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