Sponsored
    Follow Us:

No GST on Goods sold on high seas sale basis : AAR

May 21, 2018 11775 Views 0 comment Print

In Re. M/s. BASF India Ltd. (GST AAR Maharashtra) Q1. Applicant will be purchasing the goods from its overseas related party situated abroad based on purchase order received from its customers. While the goods are in transit, the goods will be sold by the Applicant to its customers before the goods are entered for customs […]

Lakshadweep UT to roll out intra-state e-way bill WEF 25th May 2018

May 21, 2018 1122 Views 0 comment Print

e-way bill shall be required to be generated where movement of goods commences and terminates within Union Territory (UT) of Lakshadweep WEF 25th May 2018

Andaman and Nicobar Islands to roll out intra-state e-way bill WEF 25.05.2018

May 21, 2018 3219 Views 0 comment Print

e-way bill shall be required to be generated where movement of goods commences and terminates within Union Territory (UT) of Andaman and Nicobar Islands WEF 25th May 2018

Clearing Corporations in IFSC can invest own funds in AAA rated Foreign Sovereign Securities

May 21, 2018 429 Views 0 comment Print

Upon review of investment instruments/avenues available for Clearing Corporations in IFSC and based on the feedback received, it has been decided to permit the Clearing Corporations in IFSC to invest their own funds in AAA rated Foreign Sovereign Securities.

IRP held Guilty of acting in connivance with erstwhile management

May 21, 2018 960 Views 0 comment Print

The conduct of Mr. Wadhwa seen in the context of statutory responsibilities of an IRP and the objective of the Code leaves no doubt that he was acting in connivance with the applicant-creditor and the erstwhile management of the corporate debtor.

Your Complete Guide to Live The Mumbai Dream

May 20, 2018 1788 Views 0 comment Print

Situated in the northeast quadrant of Mumbai, Mulund is a picturesque and calm habitat. Today, Mulund is considered one of Mumbai’s most sought-after places for settling down. Mulund is among the well-settled places in the city. There are a plethora of reasons making Mulund your ultimate destination when looking for your next home.  And one […]

10 Frequently Asked Questions on Practical Issues of GST – II

May 20, 2018 11277 Views 4 comments Print

GST is applicable if handed over before the issue of occupancy certificate. Reduction of price is one of the conditions for the fulfilment of Anti-profiteering provisions specified in section 171 of the CGST Act. In case if you find that the builder has not passed on the benefit, you can take it up with him or file a complaint for the same

Depreciation on brand value allowed taking it as an intangible asset

May 20, 2018 4992 Views 0 comment Print

In DCIT, Ghaziabad vs. Kuantum Papers Ltd. (ITAT Delhi) decided on 1.09.2017, Revenue contended that CIT(A) has erred in law and on facts in allowing the depreciation on paper brands, which is a non-depreciable asset because its life is not limited.

56 Frequently Asked Questions on Practical Issues of GST– Part I

May 20, 2018 60774 Views 28 comments Print

At the time of transition of GST from July we claimed less ITC in the GST Returns but now we came to know that we have to claim more ITC relating prior GST period , the time given by the govt for availing that benefit already over , is there any chance for adjusting that ITC, can govt may extend the period?

Marine paints cannot be considered a Part of Ship under GST Laws

May 19, 2018 2109 Views 0 comment Print

Whether marine paints supplied by the applicant, would be considered to be a part of ship and accordingly be then classified under SI No. 252 of Schedule I of Notification No. 1/2017 of Central Tax (Rates) dated June, 28, 2017?

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031