Every company is started with a vision to run its business forever, but not all business are successful in long run. As we already are aware, that there is certain procedure to incorporate a company, run a company, likewise there is specific procedure to close a company. As on date, there are two ways to […]
The E-Way Bill has become applicable since 01-04-2018 vide notification number 15/2018 dated 23-03-2018. In this regard section 68 of the CGST Act requires from the persons in charge of a conveyance to carry with prescribed documents and the same (documents) shall be required to be produced before the proper officer for verification at time […]
ACCEPTANCE OF DEPOSITS SECTION 73 TO 76 OF THE COMPANIES ACT 2013 (HEREIN AFTER CALLED THE ACT) READ WITH RULES MADE UNDER CHAPTER V OF THE COMPANIES ACT, 2013 Acceptance of deposit Deposit is one of the sources available with company to raise funds for meeting its short term and long term fund requirements. Section […]
GST Recent Notifications (released on 03-04-2020) Analysis with respect relaxations provided in view of Novel Corona Virus (COVID – 19) In Light of the Press Release dt. 24-03-2020 the government have come up with notifications on providing relief to the taxpayers in view of spread of Novel Corona Virus (Covid 19) In this blog I […]
Finance is one of the most crucial divisions in business. It’s directly linked with operations. Engage in any business, cost is something which will be incurred and revenue also needs to be generated minimum to the breakeven point in order to run the business smoothly. Almost all risks are somewhere associated with finance.
Extension in due date of filing GSTR-3B and GSTR-1 The whole world is affected with pandemic disease COVID-19 reporting number of causalities. The government of India has come up with lockdown to break the chain of this virus. But, it has adversely affected the Indian economy due to shutdown of business activities. Thus, GST department […]
The Central Board of Indirect Taxes and Customs (CBIC) has issued notifications and circular under GST Laws to implement the relief measures announced by Hon’ble Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman on 24th of March 2020. Summary of the relaxation in compliance and other measures under GST is presented in lucid manner […]
From 01-04-2020, the equalisation levy shall be charged at the rate of 2% from the consideration received or receivable by an e-commerce operator from e-commerce supply of goods or services made or provided or facilitated by it to the following persons:
Relaxation in Statutory & Regulatory Compliance of GST CBIC on 3rd Apr 2020 has issued notification in continuation with press release specifying relaxation for statutory & regulatory compliance in wake of COVID 19 spread, which has halted and restricted regular functioning of business activity. This relaxation is in terms of reduced interest rate and waiver […]
Lockdown Time of GST Study A Detailed Study NATURE & PLACE OF SUPPLY UNDER GST Here is a detailed study of Nature and Place of supply of Goods and Services under GST. The study was started by me 10 days before and completed today. I covered lot of issues related to the subject but I […]
