Govt of Maharashtra, hereby amends with effect from 21.10.2016 Government Notification, Finance Department, No. VAT 1512/CR 18/ Taxation-1, dated the 29.02.2012, as follows, namely
Goods and Services Tax (GST) is a destination based consumption tax levied at multiple stages of production and distribution of goods and services, with taxes on inputs credited against taxes on output. GST is going to be big game changer and under proposed GST regime
We are pleased to announce release of our book (2nd Edition) on Goods and Services Tax, titled, GST LAW & ANALYSIS – WITH CONCEPTUAL PROCEDURES
Failure is just another creation of the negative aspect of our mind which is not ready to accept the positive in every situation. In life whenever you undertake something, either you achieve victory or you get a lesson from it.
Providing service, With motive to earn money, As we know attracts service tax. Giving service with pure heart, Without any motive or condition, Absolutely is the way to relax.
First, we should try to understand why we need to emphasise and understand Place of Supply. Since GST Law is based on point of supply ie. Destination based
The role of independent directors is considered to be of a great significance. Guidelines, role, functions and duties are broadly set out under Code of conduct under Schedule IV of Companies Act, 2013.
Goods and Services Tax would be a very significant step in the field of indirect tax reforms in India. By amalgamating a large number of Central and State taxes into a single tax, it would mitigate cascading or double taxation in a major way and pave the way for a common national market.
CBDT has further released data relating to distribution of income and tax payable in respect of returns filed for Assessment Years 2013-14 and 2014-15.
Unnscrupulous elements are putting into circulation Fake Indian Currency Notes of higher denominations in the course of normal transactions, taking advantage of the gullible and unsuspecting nature of some members of the public.
