GST Council जीएसटी परिषद

GST Council 

• Stands for Goods & Services Tax Council 
• A constitutional body in India 
• Established in 2017 under Article 279A of the Constitution of India - 101st Constitutional Amendment Act, 2016
• Responsible for making key decisions relating to GST 
• GST launched on 1st July 2017

Composition:  

• Chairman: Union Finance Minister (currently Smt Nirmala Sitharaman) 
• Members: Union Minister of State for Revenue/Finance & Ministers in charge of Finance or taxation from each State & UT. 
• Voting weightage: ⅓ - Central Govt and 2/3rds - State Governments. 
• A decision requires at least 75% of votes in favour.  

Functions:  

• Recommend tax rates, exemptions, and thresholds for GST.
• Decide on special tax provisions for specific states.
• Oversee the implementation and administration of GST laws.

The GST Council plays a pivotal role in shaping India's indirect tax landscape and maintaining a balance between national and state-level interests.

Key Points for MCQ: 

1. GST stands for Goods & Services Tax 
2. GST launched on 1st July 2017
3. GST is managed by GST Council 
4. GST Chairman - Finance Minister of India  

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जीएसटी परिषद

वस्तु एवं सेवा कर परिषद के लिए खड़ा है

भारत में एक संवैधानिक निकाय

भारत के संविधान के अनुच्छेद 279ए के तहत 2017 में स्थापित - 101वां संविधान संशोधन अधिनियम, 2016

जीएसटी से संबंधित प्रमुख निर्णय लेने के लिए जिम्मेदार

जीएसटी 1 जुलाई 2017 को लॉन्च किया गया

संरचना:

अध्यक्ष: केंद्रीय वित्त मंत्री (वर्तमान में श्रीमती निर्मला सीतारमण)

सदस्य: केंद्रीय राजस्व/वित्त राज्य मंत्री और प्रत्येक राज्य और केंद्र शासित प्रदेश से वित्त या कराधान के प्रभारी मंत्री।

मतदान भार: ⅓ - केंद्र सरकार और 2/3 - राज्य सरकारें।

किसी निर्णय के लिए पक्ष में कम से कम 75% मतों की आवश्यकता होती है।

कार्य:

जीएसटी के लिए कर दरों, छूटों और सीमाओं की सिफारिश करें।

विशिष्ट राज्यों के लिए विशेष कर प्रावधानों पर निर्णय लें।

जीएसटी कानूनों के कार्यान्वयन और प्रशासन की देखरेख करें।

जीएसटी परिषद भारत के अप्रत्यक्ष कर परिदृश्य को आकार देने और राष्ट्रीय और राज्य-स्तरीय हितों के बीच संतुलन बनाए रखने में महत्वपूर्ण भूमिका निभाती है।

एमसीक्यू के लिए मुख्य बिंदु:

जीएसटी का मतलब है वस्तु एवं सेवा कर

जीएसटी 1 जुलाई 2017 को लॉन्च किया गया

जीएसटी का प्रबंधन जीएसटी परिषद द्वारा किया जाता है

जीएसटी अध्यक्ष - भारत के वित्त मंत्री

                                                           -अंत-

Defense Counsel - D&AR Disciplinary & Appeal Rules 1968

 

Defense Counsel - D&AR Disciplinary & Appeal Rules 1968

Category	No of Cases	Same Zonal Railway  / All Zonal Railways
Serving Employee	3	Same Zonal Railway
Retired Employee	7	Any Zonal Railway
Trade Union Official	Unlimited	Same Zonal Railway

Access Charges to DFCCIL

 

Access charges to DFCCIL

• What is the Access charge ? 

• Indian Railways pays access charges to DFCCIL - Dedicated Freight Corridor Corporation of India Limited  for utilizing these corridors for freight transportation. The charges are designed to ensure cost recovery for DFCCIL while providing affordable and efficient freight services for Indian Railways. The DFCCIL is responsible for operating and maintaining the dedicated freight corridors (DFCs) in India. 

• New classification as per F2 - Finance Code Volume 2

• Erstwhile Demand No.09 (Operating Expenses - Traffic) Detailed Head 735

• Sub Major Head 07 - Major Head 3002 - Indian Railways Working Expenses - Commercial Lines

 

• Authority: RBA No.33/2024  - ACS - Advanced Correction Slip Number 11 to Finance Code Volume 2 dated 02.12.2024

Key Points:

1. Purpose: Access charges cover infrastructure usage, maintenance, and operational costs of the dedicated freight corridors.

2. Computation Basis:

• Charges are calculated based on parameters like gross tonne kilometers (GTKMs), train path allocations, and distance covered.

• DFCCIL aligns these charges to incentivize higher utilization and efficient operations.

3. Mutual Agreement: Rates are determined through a mutual agreement between Indian Railways and DFCCIL, periodically reviewed for adjustments.

4. Revenue Sharing: The access charges also support DFCCIL's financial sustainability, enabling repayment of loans taken for DFC construction.

5. Operational Benefits: The use of DFCs reduces congestion on existing passenger rail lines, ensures faster transit for freight trains, and promotes economic efficiency.

In conclusion, these charges foster collaboration between DFCCIL and Indian Railways, facilitating the development of a robust freight transportation network.

EMD & SD in Stores - Differences between

                                        

                                      Differences between EMD & SD in Stores 

	EMD  Earnest Money Deposit	SD Security Deposit
Calculated on	Tender Value	Contract value
Rounded off to nearest higher	Rs. 10	Rs. 10
Up to Rs. 25 Lakhs	Nil	Nil
Rs. 25 Lakhs to Rs. 50 Crore	2%	5%
	Maximum is Rs.20 Lakhs	Maximum is Rs. 50 Lahs
Above Rs. 50 Crore	Fixed Rs. 50 Lakhs	Fixed Rs. 1 Crore (Global Tenders - No ceiling)
Valid for	Final bid validity period plus 45 days	Date of completion of all contractual obligations plus 60 days
If not submitted	Offers shall be summarily rejected	The EMD shall be forfeited and case be dealt with as that of withdrawal of offer by the Tenderer as per extant instructions
	EMD  Earnest Money Deposit	SD Security Deposit
Forfeit	If withdraws the Offer within validity  or  If not submit the balance SD within 21 days in case of awarding the Stores contract	In case of failure by the Supplier to meet deliveries for any lot, Railway may cancel the Contract for default part by forfeiting SD commensurate to that lot
Exempted cases	1.Up to Rs. 25 Lakhs  2. Govt Depts 3. Other Railways 4. Indian Ordnance factories 5. Railway PSUs 6. MSEs	1.Up to Rs. 25 Lakhs  2. Govt Depts 3. Other Railways 4. Indian Ordnance factories 5. Railway PSUs
Exempted for Single Tender / PAC items	Hqrs:  1. Personal Approval of TAA, not below the level of PCMM. 2. Finance concurrence not required 3. Decided on case to case basis  4. Suitably incorporated in the Tender conditions Field Units:  1. Personal approval of TAA, but not below the SAG level  2. Finance concurrence is required 3. Decided on case to case basis 4. Suitably incorporated in the Tender conditions	Hqrs:  1. Personal Approval of TAA, not below the level of PCMM. 2. Finance concurrence not required 3. Decided on case to case basis  4. Suitably incorporated in the Tender conditions Field Units:  1. Personal approval of TAA, but not below the SAG level  2. Finance concurrence is required 3. Decided on case to case basis 4. Suitably incorporated in the Tender conditions
Debarment - exemption in case of False declaration	6 Months	6 Months

Note: 

1. In exceptional cases, Railways reserves the right to increase the upper ceiling of Security Deposit, up to 10% of the contract value.
2. SD clause is applicable - Risk purchase clause shall not be applicable 
3. SD clause is not applicable - Risk purchase clause shall be applicable 

 

LD – Liquidated damages for delayed supply

 

• 0.5 % of the price of stores per week or part of the week of delay

 

• Upper limit – 10% of the value of contract (irrespective of delays)

 

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