Exporters and Suppliers to SEZ units are under a confused state right. With unsettled Law and continous amendments is adding to the confusing. In this article we are trying to clear the air by providing detail list of documents required to be submitted along with a LUT/ BOND
First GSTR 1 is to be filed by 5th September.Have mentioned in this articles how the details are to be submitted. Due date for filing GSTR 1 of July 2017 is 05TH SEPTEMBER 2017.
Though there is no mention of GTA in the GST Act & Rules, however as per Explanation to 9(iii) of Notification No. 11/2017-Central Tax (Rate), Dt.: 28th June, 2017 & Paragraph 2 Clause (ze) to Notification 12-2017 dated 28 June 2017, Goods Transport Agency means any person who provides service in relation to transport of goods by road and issues consignment note, by whatever name called.
Promulgated by the President in the Sixty-eighth Year of the Republic of India. An Ordinance to amend the Goods and Services Tax (Compensation to States) Act, 2017. WHEREAS Parliament is not in session and the President is satisfied that the circumstances exist which render it necessary for him to take immediate action;
In case the registered person intends to amend any details furnished in FORM GSTR-3B, it maybe done in the FORM GSTR-1 or FORM GSTR-2, as the case may be. For example, while preparing and furnishing the details in FORM GSTR-1, if the outward supplies have been under reported or excess reported in FORM GSTR-3B, the same maybe correctly reported in the FORM GSTR-1.
In this Flash editorial, the author referring amendment i.e. Secretarial Standard -2 (here after referred as SS-2) issued on July, 1st, 2015 (here after referred as Old SS) and Revised version of SS-2 effective from 1st October, 2017 issued by issued by Institute of Company Secretary of India (ICSI) dated 30th August, 2017.
FILING TRAN-1 is very important & as the due date is 28th Sept’17, Some of the important point covered as below, For all other SECTION wise & TABLE wise QUERIES, you can view the VIDEO in the link below, must subscribe my YouTube CHANNEL for more updates
1. E-Way Bill Rules notified vide Rule 138 through Notification 27/2017 dated 30-08-2017., 2. The date of implementation has not been spelt. And it shall be notified later., 3. Exemption from E Way Bill,
Financial Planning is a process which helps an individual to find out the shortest route between where you are and where you want to go financially. During this journey towards your financial destiny, there are some common mistakes which can off track you. Avoiding these mistakes will make the journey smoother and safer.
GST is primarily a destination-based consumption tax though there are occasions where it can be origin-based or the place of origin and destination may be same. This, in simple terms, means that the tax collected on supply of services should accrue to the jurisdiction or State in which those services are consumed.
