GST Council may finalise Return formats on June 3; Cess 'additive', not 'multiplicative' in nature

Govt./ CBEC tweets clarifications on queries put forth by public, states that GST Return forms are likely to be finalized during the 15th GST Council meeting scheduled on June 3; There is no need to issue invoices by Head Office to branches in respect of salary charges incurred by HO, since services by employee to employer shall be treated neither as supply of goods nor of services; Electricity company cannot avail input tax credit of dry fly ash / other taxable goods / servi...