Friday, 29 June 2018
Tuesday, 29 May 2018
Petitioner Entitled to C-Form under CST in respect of High Speed Diesel as Central Government didn’t notify it under CGST: Chhattisgarh HC
In Shree Raipur Cement Plant vs. State of Chhattisgarh Finance Department & Ors., the Chhattisgarh High Court held that the petitioner is entitled to be issued C Form under the Central Sales Tax Act, 1956 read with the Central Sales Tax (Registration and Turnover) Rules, 1957 in respect of high speed diesel purchased by it in the course of inter-State trade and used by it in the course of manufacturing of cement, after the promulgation of the Central Goods and Services Tax Act, 2017 with effect from 1-7-2017.
In the instant case, the Petitioner is a registered company under the Central Sales Tax (CST) Act, 1956 read with the Central Sales Tax (Registration and Turnover) Rules, 1957. It manufactures cement from mining limestone. For using the mining equipments, the petitioner requires High Speed Diesel. The petitioner Company was permitted to purchase goods in the course of inter-State trade at the rates specified in Section 8(1) of the CST Act, 1956.Source: Taxscan
Monday, 28 May 2018
Friday, 4 May 2018
GST Council approves principles for filing of new return design based on the recommendations of the Group of Ministers on IT simplification
Friday, 27 April 2018
Tuesday, 24 April 2018
Sunday, 15 April 2018
In a Notification issued by the Commissioner of State Tax, Gujarat, the Commissioner has notified that E-Way Bill is not required to be generated for intra-city movement as well as the intra-state movement of all goods within the whole of the territory of the State of Gujarat. However, the intra-state movement of the notified 19 goods of consignment exceeding Rs. 50,000/- require E-Way Bill.
The 19 Listed Goods for which E-Way Bill is required, when the value of consignment exceed Rs. 50,000/- are: All kinds of edible oils, all kinds of taxable oil seeds, all kinds of oil cakes, Iron and steel, Ferrous and Non-ferrous metal and scrape thereof, Ceramic tiles, Brass parts and brass items, processed tobacco and products thereof, cigarette, Gutkha and Pan Masala, All types of Yarns, All types of plywood, block board, Decorative and Laminated Sheets, Coal including Coke in all its forms, Timber and Timber products, Cement, Marble and Granite, Kota Stones, Naphtha, Light Diesel Oil, Tea (in leaf or Powder form).