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Draft Model Governance Code for Meetings of Gram Panchayats

ICSI is coming up with a Model Governance Code for Meetings of Gram Panchayats which seeks to prescribe a set of principles for convening and conducting meetings of Gram Panchayats and matters related thereto....

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Posted Under: CA, CS, CMA |

Invitation to join certification course on GST by MSME

With immense pleasure, we would like to invite the readers for the certification course on GST by Ministry of Micro, Small & Medium Enterprises (MSME), Govt. of India, specially designed to cater the need of professionals and businesses at large....

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Posted Under: CA, CS, CMA | ,

ICSI invites suggestions on International Corporate Governance Code

It is a proud moment for the Institute which has conceptualized the International Corporate Governance Code for the first time in the world when no one has ever thought of having a universally accepted Corporate Governance norms....

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Posted Under: CA, CS, CMA |

Individual Advocates / sponsorship service providers exempt from GST Registration

Just 3 days to Join GST Online Certification Course by GST Professionals & TaxGuru.in – Batch II GST Council in its meeting held on 11th June 2017 has exempted the following from registration under section 23(2) of the CGST Act 2017 of Individual advocates (including senior advocates) Individual sponsorship service providers (includ...

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Posted Under: CA, CS, CMA |

1st July July is not feasible for introduction of GST: BCAS

As appears from the news paper reports, it looks like, that the Government is in a hurry to implement GST with immediate effect. The proposed date, 1st July 2017, is not far away....

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Posted Under: CA, CS, CMA |

GST Service: Amendment in Tax / Registration exemption and Rates

1. In the list of service tax exemptions to be continued in GST as approved by the GST Council, after S.No. 83, the following shall be inserted –...

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Posted Under: CA, CS, CMA |

GST: Revised Threshold for Composition Scheme – 11.06.2017

GST Council, in its meeting held on 11th June, 2017, has recommended increase in the aforesaid turnover limit for Composition Levy for CGST and SGST purposes from Rs. 50 lakh to Rs.75 lakh in respect of all eligible registered persons, referred to in the aforesaid sub­section. ...

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Posted Under: CA, CS, CMA |

IGST Exemptions approved by GST Council – 11.06.2017

IGST Exemption under GST- [As per discussions in the 16th GST Council Meeting held on 11th June, 2017. I . Bilateral Commitments – Imports under Agreement between India and Pakistan / Bangladesh for regulation of Bus Service...

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Posted Under: CA, CS, CMA |

Revised GST rates on goods approved by GST Council on 11.06.2017

GST council has revised GST rate more than 66 items in its meeting held on 11th June 2017. In its meeting council has revised the rate downward on most of the items. Rates on most goods has come down from higher rate to comparatively lower rate. In some cases rate has come down from 28% to 0% also....

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Posted Under: CA, CS, CMA | ,

Account and Records: Final GST Rules with Format of Forms

Goods and Service Tax Council has approved Accounts and Records Rule and related format in its meeting held on 11th June 2017. Text of the Rules is as follows :- ...

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Posted Under: CA, CS, CMA |
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