Invoice, Debit & Credit Notes – Rules As approved by GST Council on 18th May, 2017 Chapter- TAX INVOICE, CREDIT AND DEBIT NOTES 1. Tax invoice Subject to rule 7, a tax invoice referred to in section 31 shall be issued by the registered person containing the following particulars:- (a) name, address and GSTIN of […]
GST Payment of Tax Rules As approved by GST Council on 18th May, 2017 Chapter- -‑ PAYMENT OF TAX 1. Electronic Liability Register (1) The electronic liability register specified under sub-section (7) of section 49 shall be maintained in FORM GST PMT- 01 for each person liable to pay tax, interest, penalty, late fee or […]
GST Refund Rules As approved by GST Council on 18th May, 2017 Chapter REFUND 1. Application for refund of tax, interest, penalty, fees or any other amount (1) Any person, except the persons covered by notification issued under section 55, claiming refund of any tax, interest, penalty, fees or any other amount paid by him, […]
In the present case, the Applicant claims that Mr. Jadhav, who is an Indian national, was arrested, detained, tried and sentenced to death by Pakistan and that, despite several attempts, India was given no access to him and no possibility to communicate with him.
GST Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. GST rates for certain goods like textile, footwear, biris, precious metals, etc. are yet to be decided by the GST Council.
Statement of Financial transactions (SFT) should be filed by all reporting persons covered under Rule 114E of Income-tax Rules, 1962. Due date for filing the same in Form 61A is 31 May 2017.
Council has broadly approved the rates of GST Compensation Cess to be levied on certain goods. The information is being uploaded immediately after the GST Council’s decision and it will be subject to further vetting during which the list may undergo some changes.
It has always been a question of common belief that the male member or the bread winner of the family only needs to be insured. This belief has emerged due to the fact that the financial interests of the other dependent family members had to be protected in case of death of the bread winner. […]
GST Rates are some thing which the Industry eagerly waiting for as its business policies will be much affected by the GST rates of goods and services. Any delay from now on in finalization of goods and services tax rates may be pose new challenges for trade and industry. However if this be the case, GST roll out date will have to be pushed to either 1st Aug 2017 or 1st Sep 2017
We have opportunity coming in the form of GST and I know you all are well prepared for GST. GST Also brings a concept of GST Practitioner for those who intend to appear before the GST Authority for any matter. The following article discusses the eligibility criteria, relevant forms, procedure etc.
