GST Rate on Bags - HS 3923/6305

GST rate on Woven and Non-Woven Bags and sacks  of polyethylene or polypropylene strips or the like, whether or not laminated, of a kind used for packing of goods ( HS code 3923/6305) in view of the requests received post the changes recommended on such goods in last meeting and recommended to raise the GST to a uniform rate of 18% (from 12%) on all such bags falling under HS 3923/6305 including Flexible Intermediate Bulk Containers (FIBC). 

This change shall become effective from 1^st January, 2020.

Regards,

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CA.C.V.PAWAR
PATIL DAWARE GIRASE PAWAR & ASSOCIATES

CHARTERED ACCOUNTANTS

0253-2319641. M-9423961209

INDIAN CA - NURTURED IN INDIA, GROOMED FOR THE WORLD

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New Utility for GSTR 9 & GSTR 9C would be available by 10.12.2019

GSTN: New Utility for GSTR 9 & GSTR 9C would be available by 10.12.2019 Annual Return (GSTR-9) and the Reconciliation Statement (GSTR-9C) 28/11/2019 "Government has made some changes in the forms of Annual Return (GSTR-9) and the Reconciliation Statement (GSTR-9C) vide Notification No. 56/2019 dated 14.11.2019. Accordingly, the changes in the application software and the offline tools are likely to be made available by 10th Dec. 2019."

Regards,

GST -Rcm - Rent a Cab

Dear All

 

RCM - Rent - Cab includes hiring of Buses:

 

• If rent a cab operator is a (proprietor/partnership firm) and he is billing to a (proprietor/partnership) or any other non-corporate entity, then  he would  continue to charge 5% GST in his bill. RCM provisions do not apply in this scenario.

 

• In case rent a cab operator (being proprietor or partnership firm) adds 5% GST in his bill to a (private limited company or public limited company), the company need not reimburse GST portion to the cab operator.  Instead the company should pay 5% GST on their own as RCM liability.

 

• In case  rent a cab operator is not registered in GST, the private limited company or public limited company in receipt of cab services should still pay 5% GST under RCM

Regards,
-------
CA.C.V.PAWAR
PATIL DAWARE GIRASE PAWAR & ASSOCIATES

CHARTERED ACCOUNTANTS

0253-2319641. M-9423961209

INDIAN CA - NURTURED IN INDIA, GROOMED FOR THE WORLD