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Archive: 13 July 2021

Posts in 13 July 2021

Know about Start-Up

July 13, 2021 3141 Views 0 comment Print

Know about Start-Up Start-up India has gained momentum since it was announced by Government of India in the year 2016. The initiative was focused on the growth of start-up business and to encourage innovation and design. Conditions for an eligible Start-up  Registered up to 10 years from the date of incorporation Is a private limited […]

RBI as a regulator to FEMA

July 13, 2021 9447 Views 0 comment Print

Foreign Exchange Management Act, 1999 (FEMA) which was enacted by the Parliament has replaced the Foreign Exchange Regulations Act, 1973. 1st June, 2000 was the day when FEMA came into effect. Exchange Control of India since 1939 felt the importance of foreign exchange reserves as there was a huge shortage of it. Various rules for the system of exchange control became a necessity and were brought under the Defense of India Act, 1939.

HC quashes ST order & remitted back to file of Commissioner for hearing

July 13, 2021 393 Views 0 comment Print

Tamil Nadu Generation and Distribution Corporation Ltd. (TANGEDCO) Vs Principal Commissioner (Madras High Court) The present Writ Petition is filed challenging the Order-in Original passed by the respondent on 15.09.2018. 2. The contention of the learned counsel for the petitioner is that the petitioner has not submitted their explanation or defence statement and requested time […]

GST: Defence formation & Ordnance factories- E-way bill applicability, ITC

July 13, 2021 9027 Views 0 comment Print

Whether the exemption to a ‘defence formation for preparation and generation of E – way bills is applicable to Ordnance factories & other Central Government & Public Sector Undertakings (PSU’s) that function under the Ministry of Defence. Government of India?

GST not leviable on reimbursement of property tax received from members of Housing Society

July 13, 2021 5400 Views 7 comments Print

In re Emerald Court Co-operative Housing Society Limited (GST AAR Maharashtra) Question: – Determination of the liability to pay GST on Maintenance charges. Emerald Court Co-op Housing Society Ltd is a Co-operative Housing Society (CHS). It looks after the upkeep of the society and its members. The CHS provides services to its members in the […]

Computer Based Examination for CS Foundation Programme- Instructions

July 13, 2021 393 Views 0 comment Print

INSTRUCTIONS TO EXAMINEES COMPUTER BASED EXAMINATION FOR CS FOUNDATION PROGRAMME JUNE, 2021 COMPUTER BASED EXAMINATION FOR CS FOUNDATION PROGRAMME WOULD BE HELD ON 13TH AND 14TH AUGUST, 2021 AS PER TIMING GIVEN IN THE ADMIT CARD. CANDIDATES SHOULD READ THE INSTRUCTIONS GIVEN BELOW CAREFULLY AND STRICTLY FOLLOW THEM WHILE APPEARING IN THE EXAMINATION PART-A: GENERAL […]

Corporate Social Responsibility (CSR): A Responsible Call towards Society

July 13, 2021 4470 Views 0 comment Print

The Corporate Social Responsibility (CSR) is a concept wherein enormous Companies is required to spend a small portion of their Profit (i.e. 2% of Profit) towards CSR Activities which includes promoting health care, promoting education, rural development projects, ensuring environmental sustainability and conservation of natural resources etc.

AAR Maharashtra allows withdrawal of application by Sachar Gaming

July 13, 2021 834 Views 0 comment Print

Whether the exemption to a ‘defence formation for preparation and generation of E – way bills is applicable to Ordnance factories & other Central Government & Public Sector Undertakings (PSU’s) that function under the Ministry of Defence, Government of India?

Online/Offline tending – Is it Supply of Service & GST Applicability

July 13, 2021 1416 Views 0 comment Print

In re Maharashtra State Dental Council (GST AAR Maharashtra) Question 1:- Whether online tending to be considered as Supply of Goods or Supply of Service? Answer:- Online tendering will be considered as Supply of Services. Question 2:– Whether offline tendering to be considered as Supply of Goods or Supply of services? Answer:- Offline tendering in its entirety involving […]

GST on Brush Holder Assembly, Lead Wires and parts for Railway

July 13, 2021 1809 Views 0 comment Print

In re Arco Electro Technologies Pvt. Ltd. (GST AAR Maharashtra) Question: Railway parts such as Brush Holder Assembly and parts, Lead Wires for locomotives and Insulating Rods Locomotives manufactured as per the specification and drawings of Indian Railways. These should be classified under HSN Heading 8503, 8544 and 8547 @ 18% or under HSN Heading 8607 […]

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