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Archive: February, 2018

Posts in February, 2018

Empanelment of Information Systems (IS) Auditor with Syndicate Bank

February 1, 2018 10185 Views 0 comment Print

Audit & Inspection Department – Head Office: Manipal Empanelment of CISA qualified individuals on Contract Basis for conducting IS Audits Applications are invited from eligible CISA qualified Information Systems Auditors (Individuals) for conducting Information System Audits of the Bank, on contract basis. The eligibility criteria and terms and conditions are given hereunder. PARTICULARS CRITERIA Name […]

Simple FAQ for quick understanding on E way Bill

February 1, 2018 9171 Views 0 comment Print

E-Way bill will be implementing from today i.e 01-02-2018 in all over India. Article covers FAQs on Who is responsible for E-way Bill, what type of supply is cover under E-Way Bill,  what Amount is  cover under E-Way Bill,  How Many part file in E-way Bill, What is the limit to fill in Part B […]

List of Goods where e-way bill is not required

February 1, 2018 115195 Views 34 comments Print

Live poultry, that is to say, fowls of the species Gallus domesticus, ducks, geese, turkeys and guinea fowls.

Budget Expectations MSME & Common Man

February 1, 2018 2820 Views 0 comment Print

> To reduce the cost of capital for the MSMEs by improving lenders access to low-cost funding sources. > Lowering of income tax rates for businesses and professionals. This will also encourage them to wider taxation coverage. > From a digital perspective expect more incentives on digital payments and by bringing some changes in direct […]

Detailed Study of E-Way Bill and Process

February 1, 2018 47334 Views 0 comment Print

E way Bill- What is it? E way Bill- Why? Benefits? E way Bill- When is to be generated? By whom? How? E way Bill- What if no taxable supply? E way Bill- Is it mandatory? What if not done? E way Bill- Supply by unregistered persons? E way Bill- Concept of acceptance by recipient? E way Bill- Validity period? Whether extendable?

10 Numeric examples of E-Way Bill under GST

February 1, 2018 28074 Views 14 comments Print

Example No. 1 A truck contains 3 consignments based on 3 invoices, Invoice 1 for Rs 55,000/, invoice 2 for Rs 35,000/- and invoice 3 for Rs 90,000/- , how many E-Way Bill (EWB) will be generated.

Data reconciliation in GST: Supplier-Taxpayer relationship

February 1, 2018 4425 Views 1 comment Print

Registered taxpaying businesses, choose your suppliers carefully. Under Goods and Services Tax (GST), your ability to receive input tax credit (ITC) hinges on your suppliers:

e-Way Bill- Basic things you must know

February 1, 2018 8220 Views 0 comment Print

1. What is e-Way Bill ? It is an electronic way bill for the movement of goods with value more than Rs. 50,000/- It will be generated on e way bill portal. SMS facility will also be provided to generate & cancel e-way bill. On generation of e-way bill, a unique e-way bill number is […]

Rates of contribution of EPF, EPS, EDLI, Admin charges in India

February 1, 2018 291699 Views 7 comments Print

Employees’ Provident Fund- Contribution Rate The EPF & MP Act, 1952 was enacted by Parliament and came into force with effect from 4th March, 1952. A series of legislative interventions were made in this direction, including the Employees’ Provident Funds & Miscellaneous Provisions Act, 1952. Presently, the following three schemes are in operation under the […]

Nationwide E-way Bill under GST – Old Days are gone

February 1, 2018 3216 Views 0 comment Print

As we all know that E-way has been introduced since 16th Jan-18 on temporary basis. Now from tomorrow 1st Feb-2018 it is going to be implement Nationwide. States list are increasing very fastly. Most of states are going to be implement both Intra-State and Inter-state basis e-way bill. Where more than 13 states has been confirmed for the same.

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