Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

PLEASE PROVIDE PRESENT GST RATE AND HSN CODE AS EARLIER WAS NIL DUTY AGST GENERAL EXAMPTION 69 AND 70

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Sub: Clarification regarding Tenofivir 300 mg + Lamivudine 300 mg + Efavirenz 600 mg The existing format of Price Schedule in the e-Procurement portal of RITES was designed as per the previous era of taxation, wherein Excise Duty and VAT were to be quoted by the bidders. After the implementation of GST from 1st July, 2017, Excise Duty and VAT have been subsumed in the GST. In view of above, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... bidders are advised to indicate the total percentage of GST/Custom Duty in place of ED/Custom Duty. The percentage of Sales Tax/VAT may be indicated as Zero. The declaration in the existing price schedule that credit on inputs available under the CENVAT Credit Scheme and VAT have been taken into account while quoting the rate will be considered as the declaration against GST for the same purpose .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... . The bidders are advised to upload a declaration in this regard alongwith other documents. In addition to above, wherever GST and Custom duty both are applicable, the bidder may upload the breakup of these duties for information. - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = Have you got clarification in this regard? - Reply By nandankumar roy - The Reply = thinks it is under 12% if wron .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... g pl guide - PLEASE PROVIDE PRESENT GST RATE AND HSN CODE AS EARLIER WAS NIL DUTY AGST GENERAL EXAMPTION 69 AND 70 - Query Started By: - nandankumar roy Dated:- 31-7-2017 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates