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Archive: 20 September 2018

Posts in 20 September 2018

GST on advance for sale of villas prior to issue of completion certificate

September 20, 2018 5778 Views 0 comment Print

In re Quattroporteluxury Homes LLP (GST AAR Goa) Determination of liability to pay tax on sale of villas after completion and obtaining necessary approvals from the competent authority The applicant has failed to produce supporting documents to prove that he has borrowed money from Mr. Zubin Dubash and the amount received by the applicant is […]

18% GST payable on Services for issuing PUC Certificate

September 20, 2018 29142 Views 2 comments Print

In re Venkatesh Automobiles (GST AAR Goa) Whether the service provided for issuing Pollution Under Control (PUC) Certificate for Vehicles on behalf of State Government is exempted from the GST or not? The Activity of issuance of Pollution Under Control Certificate for vehicles issued by the applicant is not covered under SAC 9991 and is […]

How to claim GST refund on supplies to SEZ unit / developer (without tax payment)

September 20, 2018 57597 Views 3 comments Print

Filing for refunds is a post-login functionality, which means that the Taxpayer must login to the GST Portal with their valid login credentials before filing a refund application.

MCA reduces DIR-3 KYC fees to Rupees 500 for 15 days

September 20, 2018 3069 Views 0 comment Print

As you are aware the last date for filing form DIR-3 KYC without fee has expired on 15th September 2018. The process of deactivating the non-compliant DINs has since been completed and their status has been updated as ‘Deactivated due to non-filing of DIR-3 KYC’. However, the non-compliant DIN holders may file DIR-3 KYC with […]

Waves in Taxability Ocean Freight – Part II

September 20, 2018 26397 Views 4 comments Print

Ocean Freight could be incurred during the course of import of goods in India or during the course of export of goods out of India. Taxation would depend upon the nature of the underlying activity I.e. Import or export of goods and the incoterms of the sale price between the seller and buyer.

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