Broadly, there are four types of meetings which a MSCS conducts, namely, Annual General Body Meeting, Special General Body Meeting, Committee Meeting and Meeting of Board of Directors.
After the recent worldwide implementation of OECD’s recommendations to prevent Base Erosion and Profit Shifting (BEPS), another forum (The Platform for Collaboration on Tax) has released a discussion draft on The Taxation of Offshore Indirect Transfers – A toolkit (hereafter, referred as the toolkit) for public comments on 1 August, 2017.
The Goods and Services tax (GST) to be levied on gold jewellery has been fixed at the rate of 3% of its sale value. Though this is slightly more than the tax attracted by gold earlier, it is less than the 5% rate that was being anticipated initially, and is likely to benefit the gold jewellery industry.
In the instant case, as mentioned earlier, the amounts received by assessee is nothing but loan / advance from NIPL and assessee is camouflaging the same as a commercial transaction relating to sale of property in order to get over the provisions of Section 2(22)(e) of the Income-tax Act.
Intimation to pay tax under section 10 (composition) by newly registered dealers declaration by the registered persons to the effect that they are eligible to avail the input tax credit under sub-section (1) of section 18
The Central Government had issued various notifications under Centre Law, as given below, from 23rd to 31st October 2017. This brings a big relief to the trading community who are experiencing teething issues to come into terms with the GST Law
The Amendment Under Section 254(2) In Respect Of Time Limit Of Six Months For Rectification Is Prospective And Applicable To The Orders Passed After 01.06.2016
Brief Procedure for Transfer of Shares to IEPF: The shares shall be credited to DEMAT Account of the Authority to be opened by the Authority for the said purpose, within a period of thirty days of such shares becoming due to be transferred to the Fund. As per aforementioned General Circular due date of transfer of shares for unpaid/unclaimed dividends during 7th September, 2016 to 31st October, 2017 is 31st October, 2017.
A report on the proposals cleared by Alterative Mechanism will be sent to the Cabinet every three months. The final schemes formulated will be approved by the Central Government, and laid in both Houses of Parliament
In this article, we look at the different types of GST invoice in details along with an overview of all related documents pertaining to GST.
