"01 July 2018" Archive - Page 4

To “Deliver” or not to “Deliver”? – Section 10 of IGST Act, 2017

One of the most frequently asked and discussed query under GST by clients and practitioners alike has been the tax implications in the case of scenarios where the billing and shipping addresses are different, or the customer and consignee are two different parties. ...

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Empanelment of Forensic Auditors with Indian Overseas Bank

The Chartered Accountant firms doing the concurrent audit of branches may apply for empanelment as forensic auditors. All other terms and conditions will remain unaltered. The last date for submission of application is extended upto 10.07.2018....

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Levy of GST on ENA

No. 12-13/2018-19-EXN-GST- 23205-23223 01/07/2018

GST will be applicable on the supply of ENA which is used for the manufacturing of alcoholic liquor for human consumption. Accordingly the suppliers of ENA are required to be registered under GST Act & GST is to be levied on the supply of ENA. It is further informed that as per entry no. 25 of Schedule-III of the notification no. 01/2017 ...

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