Service sector is gaining much more importance day by day when it comes to revenue collection, contribution to GDP and employment. Service sector constitutes for more than 50% of Nation’s GDP.
In current environment there is a big ambiguity regarding when we are need to issue tax invoice for the taxable supply received from unregistered supplier specified in u/s 9(3) and 9 (4) of CGST Act and at what point of timing we are need to issue payment voucher.
In this article, you will get know about annual filing of returns in MSCS. Section 120 of MSCS Act 2002, Article 243ZP of the Constitution (97th Amendment) Act 2011 and the relevant clause of Society’s Bye-Laws governs annual filing of returns of MSCS.
There are people who are disciplined and there are who are not. What is the difference between these two sets of people? The first set of people lead an orderly, healthy and peaceful life, prepared for the ups and downs, not upset with the lows, and make others feel comfortable in their company.
Finally most awaited provision how to cancel migrated provisional registration under GST is come into picture. Procedure to be followed for cancellation. Procedure to be followed for cancellation.Login with your User ID and Password. Right hand side there is button of cancellation of provisional .Click, Mention the reason of cancellation and submit with DSC.
Determination of material listed or Unlisted Indian or foreign subsidiaries of the Company, where applicable, and complying with disclosure/other requirements regarding such subsidiaries and disinvestment of their shares held by the Company, and, selling/ disposing/ leasing of assets of such subsidiaries by them.
As you know, India rolled out a new indirect taxes regime in form of the goods and services tax on 1st July 2017, shedding a complex multiple tax system in favour of a unified one. The GST revenue for the month of August is 90,669 crore, though slightly less than that collected in July 2017, which is beyond expectations of the Government.
Income declared cannot be called retraced if same was included in 2nd revised return but not in Original and First Revise Return further Sec. 271AAA(2) not mandates offering of undisclosed income in return of income.
(1) These rules may be called the Maharashtra Goods and Services Tax (Eleventh Amendment) Rules, 2017. (2) They shall come into force with effect from the 28th October, 2017.
Discontinuing requirement for physical copies of certain documents (OOC copy, delivery order issued by shipping line, proof of payment of stamp duty), presently being collected by Terminal Operators for DPD delivery from Port Terminal, reg