Goods Transport Agency has not been defined in GST Act. However, notifications related to provisions regarding GTA services have been issued by Central Tax 2017 on various dates. An attempt has been made to compile these notifications in one place & simplify the provisions of GTA services in GST regime.
In case where registration has been applied for within 30 days of being liable for registration in the month of July, 2017 but registration has been granted in the month of August, 2017, one single return for the month of July, 2017 & August, 2017 (FIRST RETURN) will have to be filed together and tax paid accordingly.
Tally have yesterday issued an advisory to its users on 4th September 2017 and suggested them to use GSTR Offline Utility 1.1 instead of GSTR Offline Utility 1.2. In their opinion use of GSTR Offline Utility 1.2 may potentially lead to an erroneous return which we may not be able to discover while filing. Extract […]
If you submit GSTR1 before it gets processed, then you will see message invoice pending in DOC section as the data entered in the document section is still being processed. Hence, wait till processing of data of this section is finished. You may find status of completion of processing by clicking refresh button.
The SARFAESI Act has been amended on 12-08-2016 to extend the scope of the Act to provide for registration of security interest held by all other creditors, in addition to the banks and financial institutions defined as secured creditors under the Act. T
As part of labour law reforms, the Government has undertaken the exercise of rationalisation of the 38 Labour Acts by framing 4 labour codes viz Code on Wages, Code on Industrial Relations, Code on Social Security and Code on occupational safety, health and working conditions.
Department of Financial Services advises all Banks to take immediate steps to put restrictions on bank accounts of over two lakh ‘struck off’ companies. Government has stepped up decisive action against companies falling within the ambit of Section 248 of the Companies Act.
