GST

Goods and Services Tax (GST) is an indirect tax applicable throughout India which replaced multiple cascading taxes levied by the central and state governments.

Change in Contract Amount due to Enhancement of GST

In all cases where work order is given inclusive of all taxes and there is no indication of rate of GST in tender document, there will be no scope of change of tendered value by enhancing the GST rate to 18% from 12%.

Deduction and Deposit of TDS on GST by the DDO

For payment process of Tax Deduction at Source under GST, DDO may deduct as well as deposit the GST TDS for each bill/Invoice individually by generating a CPIN and mentioning it in the Bill itself.

West Bengal Goods and Services Tax Act, 2017

An Act to make a provision for levy and collection of tax on intra-State supply of goods or services or both by the State of West Bengal and the matters connected therewith or incidental thereto.

West Bengal Goods and Services Tax Rules, 2017

Every registered person shall display his GST Identification Number on the name board exhibited at the entry of his principal place of business and at every additional place or places of business.

Amendment of Rule 47 of WBFR regarding Office Vehicle

Procurement of rental services for office vehicles can be made from an unregistered service provider on production of a self-declaration to the effect that the aggregate turnover of the supplier does not exceed twenty lakh rupees.