Central Govt. notifies
exemption from registration to job-workers engaged in making inter-State supply
of services to registered person(s), except those whose aggregate turnover
exceeds Rs. 20 lakhs in FY (Rs. 10 lakhs in special category States) or who opt
for voluntary registration; Said exemption would also not apply to job-workers
who are involved in supply of services in relation to jewellery, goldsmiths’
and silversmiths’ wares and other articles as specified at Sl. No. 151 in
Annexure to Rule 138 of CGST Rules; Central Govt. further notifies exemption
from registration to persons making inter-state supplies of specified
handicraft goods subject to threshold; Such persons would require to obtain PAN
and generate e-way bill in accordance with Rule 138 of CGST Rules; As per said
Notification, “handicraft goods” include inter alia leather articles and
footwear, carved wood products, carpets, rugs, musical instruments, folk
paintings, textile hand embroidery and theatre costumes when made by craftsmen
predominantly by hand even though some machinery may be used in the process :
Finance Ministry Notifications
Subscribe to:
Post Comments (Atom)
India Tax Due Date - February 2026.
Sr No Due Date Related to Compliance to be made 1 11.02.2026 GST ...
-
A new website launched for TDS related matters www.tdscpc.gov.in TRACES – T DS R econciliation A nalysis and C orrection E nabling S yste...
-
The Income-tax Appellate Tribunal has recently notified the Income-tax (Appellate Tribunal) Amendment Rules, 2025, introducing important p...
-
Introduction Employee welfare is a cornerstone of corporate responsibility, and gratuity forms a critical part of the social security benefi...
-
The overall effective tax rate of a U.S. multinational corporation may have significant impact on the value of its stock. Therefore, it ...
-
A tax investigation is one of the most stressful events a company can face. It disrupts operations, consumes resources, and carries signific...
-
This is to update you about an important decision by Hon’ble Madras High Court (‘ HC ’/’ Court ’) in the case of ARS Steel and Alloy Inte...
-
LEASE-DEED (A brief Introduction) Lease defined. A lease of immovable property is a transfer of a right to enjoy such property, mad...
-
Mergers and Acquisitions (M&A) are no longer confined to large conglomerates. Mid-market deals, family-owned businesses, PE-backed exits...
-
In a ruling that provides crucial clarity on the taxation of foreign enterprises in India, the Delhi bench of the Income Tax Appellate Tri...
-
Clarifications from the GST Council The GST Council has recommended the following clarifications on ISD and cross charge:
No comments:
Post a Comment