In re Deccan Transco Leasing Private Limited (GST AAR Telangana) Is GST liable to be paid on leasing of tank containers taken form a supplier i e., lessor who is located outside India and the tank containers do not reach India? As it is finance lease, it is supply of goods and tank containers do […]
Exporters are requested to apply for export license by filing applications online through DGFT’s ECOM system for Export authorizations (Non-SCOMET Restricted items) — Please refer Trade Notice No. 50 dated 18.03.2019. There is no need to send any hard copy of the application via mail or post.
IFSCA Guidelines on Factoring and Forfaiting of Receivables shall be applicable to Finance Companies / Finance Units registered with the Authority under regulation 3 of the Regulations that are intending to undertake the activity of Factoring and Forfaiting of receivables.
As per section 61 – Scrutiny of returns read with rule 99, Officer may scrutinize the return furnished by the registered person to verify the correctness of the return and inform him of the discrepancies noticed (Form GST ASMT-10) and seek his explanation thereto.
Faceless Assessment Scheme is working towards ensuring a robust, efficient and transparent system – CII Survey On the completion of one year of the Faceless Assessment Scheme, CII conducted a survey to gauge industry views on the effectiveness of the Scheme, which revealed overwhelming support for the new system. “The Transparent Taxation Platform, and more […]
Summary There has been a long and unsettling dispute on the question as to (1) Whether Proceeds of Crime includes Clean and Untainted Property also ? and (2) What are rights of 3rd party claiming legitimate & bonafide interest and possession in such Clean and Untainted Property, being attached by the Enforcement Authorities under PMLA. […]
ITC on CSR It has been 4 years since GST came into force, yet there is no clarity with respect to certain major issues, one of which is availment of Input Tax Credit on Corporate Social responsibility. After inception of GST, multiple advance rulings have been sought in respect of ITC on CSR expenditure but […]
Corporate Social Responsibility is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders and the public. Benefits The benefits of CSR are many. Companies establish good reputations, attract positive attention, save money through operational efficiency, minimize environmental impacts, attract top talent and inspire innovation. Applicability 1. […]
Discover the importance of scholarships for students. Learn about the different types of scholarships available and their impact on education.
The labour laws derive their origin, authority and strength from the provisions of the Constitution of India. The relevance of the dignity of human labour and the need for protecting and safeguarding the interest of labour as human beings has been enshrined in Chapter-III and Chapter IV of the Constitution of India keeping in line […]
