Live Webinar with Book on Section 43B(h) (Financial Fitness) on 10th May 2024, 6:00 pm to 8:00 pm. CA Manoj Lamba will break down intricacies of Section 43B(h)
Issue – 1 : All Suppliers to SEZ Units / SEZ Developers Need to Compulsorily Register under GST- Supplies to SEZ Units / SEZ Developers is treated as Inter-State Transaction as per provisions of Sec 7(5) of IGST Act, 2017. Therefore all such suppliers are Compulsorily Registration under GST irrespective of their Turnover as per Sec 24 of CGST Act.
Shri Ram Vilas Paswan, Union Minister for Consumer Affairs, Food & Public Distribution told that in order to check the levying of Service Charge compulsorily, CBDT has been asked to consider inclusion of Service Charge while assessing tax.
Checklist to avoid JSON error while using offline GST tool 1. GSTIN should be valid and 15 alphanumeric characters. 2. Invoice lencth should not be more than 16 characters and only characters allowed are numeric, Alphabets , / and ‑ 3. In b2cl, invoice value should be more than 250000. 4. Invoice Date, Note date, […]
GST TRAN 1 is a declaration to be filed electronically, to claim various transitional credits admissible. The same is to be filed on or before 28.09.2017. On the recommendations of the GST Council, the time can be extended by another ninety days. There are no provisions enabling filing of revised GST TRAN 1.
Aadhar Legislation will stand the test of constitutionality; Demonetisation helped in reducing the volume of cash transactions and increase in digital payments, widening of the tax base and more formalization of the economy among others; No reverse in financial inclusion process possible for policy makers.
Digital inclusion is the foundation of financial inclusion. We have certain fundamental approach for commitment as far as digital platform is concerned. The first and foremost is, we want to become the leaders in the field digital revolution in the world. Second important attribute of our initiative is, we simply don’t want to digitize India, but we want to create a technology that is transformative, which will empower India, and also empowers Indians
Advisory services provided by CRISIL does not fall under category of Management Consultancy Services and is correctly classified under the Banking and other Financial Services.
The works contract issue had been a never ending story right from the 46th amendment of Constitution of India in 1984 and it was settled only in 2002 by the Supreme Court in ACC Ltd case in 124 STC 59. But even after that celebrated decision, still thousands of works contract cases are pending in various High Courts.
These are appeals by the assessee against two orders both dated 25-2-2016 of C.I.T. (Exemptions), Kolkata (i) passed under section 12AA(3) of the Income Tax Act, 1961 withdrawing/cancelling the registration with effect from 1-4-2012
State: United Arab Emirates, Value Added Tax: A tax imposed on the import and supply of Goods and services at each stage of production and distribution, including the Deemed Supply., GCC States: all countries that are full members of The Cooperation Council for the Arab States of the Gulf pursuant to its Charter.
