From 1st January, 2019, Government has made certain changes in Tax Rates. As per the changes made, Security Service Provider has been exempted from GST liability for non corporate suppliers . The changes made the Security Service taxable under RCM which means Security Service Receiver who will be a registered taxpayer have to bear the GST liability.
These regulations may be called Securities and Exchange Board of India (Prohibition of Insider Trading) (Amendment) Regulations, 2019.
Any view expressed by the Board in Circular No. 10/2018 shall be considered to have never been expressed and accordingly, the said circular shall not be taken into account by any Income-tax authority in any proceedings under the Act.
If a Registered person or person desirous of obtaining registration lacks certainty over some of the provisions of the GST act. He shall make application to get his question resolved to the Authority constituted namely the Authority for advance rulings and such decision given by the authority shall be binding on the applicant as well as on government […]
So finally the wait is over. On 23rd Jan 19 some will get those two letters ‘CA’ for which they have sacrifice a lot and some will get those four letters which will steal the sleep of that night.
The Goods and Services Tax (GST) Council held its 32nd meeting on 10 January 2019 in New Delhi. Various decisions were taken to provide relief to Micro, Small and Medium Enterprises. The key recommendations made by GST council are as follows: The threshold limit of aggregate turnover in the preceding financial year for opting composition […]
The Reserve Bank has today placed on its website a policy paper on Authorisation of New Retail Payment Systems for public comments.
CGST Vadodara booked a case of circulation of fraudulent invoices worth Rs 582 crores, without any supply of goods, by a Vadodara based firm, for availing and passing on of illegal GST input credit. The firm was managed by a tax consultant, who has since been arrested. OFFICE OF THE PR. COMMISSIONER CENTRAL GST & […]
