"31 March 2023" Archive - Page 10

GST Implications regarding Employee related Transactions

With implementation of GST, lot of confusion has prevailed regarding taxability of transactions between employee and employer and applicability of reverse charge mechanism on such transactions. In this article, I would like to explain about GST on employee reimbursements in detail: Services by an employee to the employer in the course of ...

GST registrations cancelled for non-filing of Return – Amnesty Scheme notified

Notification No. 03/2023–Central Tax [G.S.R. 246(E)] 31/03/2023

CBIC provides Amnesty scheme to registered persons whose GST registrations have been cancelled on or before 31.12.2022 due to non-filing of GST returns vide Notification No. 03/2023 – Central Tax dated 31.03.2023. Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) New Delhi Notification No. 03/2023...

Late fees of FORM GSTR-4 waived for Return of July 2017 to March 2022

Notification No. 02/2023–Central Tax [G.S.R. 245(E)] 31/03/2023

Late fees in case of FORM GSTR-4 for the periods from July-2017 till F.Y 2021-22 has been waived completely in case of NIL GST returns and reduced to Rs 500/- in other cases provided the said returns are filed between 01.04.2023 to 30.06.2023 vide Notification No. 02/2023–Central Tax Dated: 31st March, 2023. Ministry of Finance (Depart...

GST exempt on services of spraying of agrochemicals at agricultural land

In re PI Industries Ltd (GST AAR Haryana)

In re PI Industries Ltd (GST AAR Haryana) AAR held that services of spraying of agrochemicals provided by the applicant to the farmers is an exempted supply under the Act as he provides the spraying service directly to the farmers and the consideration for such service is paid by farmers to the Applicant. The spraying […]...

SEBI Operational Circular for Debenture Trustees

SEBI/HO/DDHS/P/CIR/2023/50 31/03/2023

Debenture Trustees are directed to comply with the conditions laid down in this circular and it is reiterated that Debenture Trustees shall have necessary systems and infrastructure in place for implementation of this circular. The Board of Directors of the Debenture Trustee shall be responsible for ensuring compliance with these provisio...

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December 2023