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Archive: July, 2017

Posts in July, 2017

GST on Supply of Demo Products from HO to branch & vice versa & among branches

July 16, 2017 30364 Views 7 comments Print

Article deals with the issue of GST on Supply of Demo Products from head office to branch offices and vice versa and among the branch offices.

An overview of new Automated Listing of Cases Before SC

July 16, 2017 2100 Views 0 comment Print

Fresh admission cases registered from Saturday to Tuesday will be listed on the following Court working Monday or the notified miscellanous day and fresh cases registered from Wednesday to Friday will be listed on next the following Court working Friday or the notified Miscellaneous day, from the date of removal of office objections, if any.

Job Work procedures under GST

July 16, 2017 25260 Views 12 comments Print

This article discusses in detail about Job work procedures under GST, related ITC provisions, and its related rules and transition provisions.

How to make Online and Offline GST Payments (Pre & Post Login)

July 16, 2017 33492 Views 0 comment Print

The OTP Authentication box appears. In the Enter OTP field, enter the OTP sent on registered mobile number of the taxpayer whose GSTIN/UIN/TRPID/TMPID is entered.

Advisory for issues related to GST Migration & New Registrations

July 15, 2017 3327 Views 0 comment Print

In relation to the enrollment and registration process, some queries were raised by the trade. The resolution received for these queries from GSTN is brought to the notice of the trade through this circular.

Analytical Note on Registration under GST

July 15, 2017 35070 Views 2 comments Print

GST registration process is a online process through a online portal provided by Central Government of India. Government also appoint GSPs (GST Suvidha Providers) to help businesses with the registration process. Facilitation Center are also available for assisting taxpayers for getting registration under GST.

How to transform mis-buying /selling into a smart buying?

July 15, 2017 1635 Views 0 comment Print

Are you completely satisfied with the financial products you have bought or investments sold to you? If your answer is No, is it because of mis-selling or mis-buying? Mis-selling means that you were given unsuitable advice, the risks were not explained to you or you were not given the information you needed, and ended up […]

GST: What you Know & What it Means

July 15, 2017 4482 Views 0 comment Print

If I buy raw material from supplier unregistered in GST, do I have to pay GST in RCM and can I avail ITC of the same ? Ans:- Yes, you have to pay GST via RCM. You can avail ITC of the GST so paid if you are otherwise eligible.

Insurance Surveyors under the new GST Regime

July 15, 2017 44913 Views 6 comments Print

Most of the insurance surveyors’ gross receipts are less than Rs. 20 Lakhs only and those who are getting more than Rs. 10 Lakhs have already registered under the erstwhile Service Tax and as such they are already collecting Service Tax from the Insurance Companies and paying the same quarterly at due dates and of course filing half yearly returns.

Transitional Provision Under GST

July 15, 2017 42868 Views 4 comments Print

Whenever a new levy or new scheme / Law of taxation is introduced, it may completely overwrite the existing tax laws and rewrite rules of the game. That’s what will happen when GST is introduced. Entire scheme of Indirect Taxation will undergo radical overhaul. So to cope up with that change, transitional provisions are created in new law to ensure smooth and hassle-free adoption of new scheme of taxation to safeguard interests of existing taxpayers. In this article explain the Section 139 , 140 and 141.

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