Explore the detailed analysis of 7 GST Circulars issued by CBIC on July 6, 2022, following the 47th GST Council Meeting recommendations. Understand key insights on GSTR filing, demand and penalty provisions, deemed exports, blocked ITC, perquisites, refund processes, and duty-free shops. Stay informed about the latest updates impacting GST compliance and regulations.
Explore the complexities of Section 194R of the Income-Tax Act, 1961, with guidelines from CBDTs circular No.12 of 2022. Learn about TDS provisions, implications for businesses, and potential challenges, questioning the alignment with the Finance Bill 2022. Review real-world scenarios on out-of-pocket expenses and dealer conferences, highlighting concerns and suggesting a need for a comprehensive review by the government. Stay informed about the effective date and potential impact on the Ease of Doing Business.
Terms of Reference for the Non-official Members of the Board of Trade would be as follows: (i) To provide a platform to State Governments and UTs for articulating State oriented perspectives on Trade Policy.
CBIC issued notification No. 09/2022-Central Tax to 14/2022-Central Tax under Central Goods and Service Tax (CGST) Act, 2017 on 05th July 2022
Navigate the CSR landscape under Section 135 of Companies Act, 2013. Discover permitted activities like education, health, and environmental sustainability, and non-permitted activities. Ensure compliance with CSR provisions for companies with specified net worth, turnover, or net profit.
Here I have tried to summarise in 10 achievements and opportunities that became possible because of GST and 10 risks and challenges arising due to GST.
Govt clarified that GST in exempt on on final cost of Indian National Flag Tiranga supplied under Har Ghar Tiranga programme. Relevant clarification is as follows:- MOST IMMEDIATE F. No. 354/17/2022-TRU Government of India Ministry of Finance Department of Revenue Tax Research Unit Room No. 156, North Block New Delhi, 8th July, 2022 OFFICE MEMORANDUM […]
Explore changes in the Limited Liability Partnership (LLP) Act, 2021, compared to the original LLP Act, 2008. Understand amended sections for compliance and legal implications.
Explore legal obligations for foreign companies in India. From FDIs to registration, understand compliance, entry routes, and financial reporting for seamless business operations.
Explore the recent GST Circular dated July 6, 2022, clarifying Ineligible Credits under Section 17(5) of CGST Act, 2017. Get insights on mandatory ITC eligibility for specified services.
