Articles Covers Introduction to Job-work Procedure in GST, Meaning of job-work for GST, Job-work procedural aspects under GST, Accounts & records,- Delivery Challan, Job-work procedural –Flow chart, Job work Charges,Time Limits for the return of processed goods, Waste clearing provisions,Form ITC-04 and Authors Remark on Job-work Procedure in GST.
While the ordinance section 29 A of the IBC code for which the presidential assent has already been given which bars the existing promoters from bidding in the resolution process has been challenged in the Punjab & Haryana High Court No doubt the ordinance is meant to disallow the dishonest and wilful defaulters from participating […]
GST Composition Scheme is a special scheme meant for small businesses who find complying due compliances say keeping detailed records, filing regular returns under GST laws are burden. A small business who registered under GST Composition Scheme will enjoy certain benefits like concessional rate of tax, filing of quarterly returns instead of monthly return etc. […]
Impact of GST on Construction Industry- From Works Contract – Taxability Under Old Law- GSt Destination of Works Contract- Time of Supply- Place of Supply- Input Tax Credit- Refund Provision- Important Issues
Unlike old Central indirect taxes (Central Excise, service tax) wherein ruling can be sought only on proposed transactions, GST laws provide an advance ruling on all types of transactions whether it is proposed or already occurred.
Direct Tax Collections for Financial Year 2017-18 show Growth of 14.4% upto November, 2017 The provisional figures of Direct Tax collections up to November, 2017 show that net collections are at Rs. 4.8 lakh crore which is 14.4% higher than the net collections for the corresponding period of last year. The Net Direct Tax collections […]
Sleuths of the Directorate of Revenue Intelligence (DRI), a pioneer Intelligence Agency of the Government of India, zeroed in on an office premises at Bharuch in Gujarat State and recovered about Rs. 48.91 crores of demonetised currency in Rs. 500 and Rs.1,000 denomination currency notes. Acting on the specific intelligence, the officers of DRI, Surat, […]
