FOR THE ATTENTION OF THE MEMBERS Auditing and Assurance Standards Board issues Exposure Drafts of New/Revised Standards on Auditing for Comments The Auditing and Assurance Standards Board of the ICAI is issuing the Exposure Drafts of following new/revised Standards on Auditing (SAs) for comments.
REPORT OF SUB-COMMITTEE-II ON MODEL GST LAW Empowered Committee of State Finance Ministers September, 2015 GOODS AND SERVICES TAX ACT, 2016 Government Has Released Model Draft of Proposed GST Act, 2016 and it Contains the following topics- PART – I
Export the goods and not the taxes is the common line that we hear, this statement is also valid in Finance Act, 1994 for export of service. However Rules framed under Finance Act, 1994 have defined the term Export of Service and if the conditions mentioned therein are satisfied only than the benefits are available.
