This article discusses in detail about the issues a supplier is facing on taxability nature of GST on goods sold through E-commerce, its place of supply, its importance & GSTR-1 reporting issues
Real estate agents are the back bone of the real estate market. They channelize the markets in which the money is either brought by the promoters or by the buyers. If we look in the developed countries, say for example US, there, an agent is valued extremely high by the general public since they realize
This article discusses in detail about the GST taxability on renting of residential property by one business entity to another business entity.
Various news reports/articles have appeared in the media regarding inconsistency in the estimates of the number of taxpayers added after demonetization. It has been commented that the following different figures have been given at different forums by different authorities:
Post-independence story of the common man of India is that of rising and falling expectations. Masses in large numbers helped the leaders to force British empire out in the hope that rule by own countrymen will end their miseries, the outcome of more than a thousand years of foreign exploitation and loot.
Father of the nation Mahatma Gandhi often used to say that India lived in its six lakh villages spread over length and breadth of the country. So no government in independent India can ignore this fact and hence job creation has been central theme of economic policy of all governments.
The GST Council had earlier decided to defer the filing of return in Form GSTR-3 and had recommended the filing of return in Form GSTR-3B for the month of July and August, 2017. Accordingly, the Central Government vide Notification No. 21/2017-Central Tax dated August 8, 2017 had notified the last date for filing of return in Form GSTR-3B for the month of July, 2017 as August 20, 2017.
CBEC reduces UTGST rate on specified parts of tractors reduced from 14% to 9 % which includes Silencer assembly for tractors and parts thereof, Clutch assembly and its parts thereof for tractors, Steering wheels and its parts thereof for tractor, Hydraulic and its parts thereof for tractors
CBEC reduces CGST rate on specified parts of tractors reduced from 14% to 9 % which includes Tyre for tractors, Tube for tractor tyres, Agricultural Diesel Engine of cylinder capacity exceeding 250 cc for Tractor, Hydraulic Pumps for Tractors, Bumpers and parts thereof for tractors, Brakes assembly and its parts thereof
CBEC reduces IGST rate on specified parts of tractors reduced from 28% to 18% which includes Brakes assembly and its parts thereof for tractors, Gear boxes and parts thereof for tractors, Transaxles and its parts thereof for tractors, Road wheels and parts and accessories thereof for tractors, Radiator assembly for tractors and parts thereof, Cooling system for tractor engine and parts thereof, Silencer assembly for tractors and parts thereof
