These FAQs attempt to put in place the common queries that users have on the subject in an easy to understand language. However, for conducting a transaction, the Foreign Exchange Management Act, 1999 (FEMA) and the Regulations made or directions issued thereunder may be referred to.
Seeks to provide for provisional assessment of jute goods exported from Bangladesh by M/s Roman Jute Mills Ltd.(Producer/Exporter) and M/s SMP International, LLC, USA (Exporter/Trader) till the final findings of New Shipper Review in this regard are received.
Maharashtra Government has earlier notified vide notification dated 27th March 2018 that there will be No requirement of E-way Bill from 1st April 2018 until further orders for the intra- State movement of Goods that commences and terminates within the State of Maharashtra, in respect of any goods of any value. In Modification of that […]
Article discusses 1. What is GST? 2. Who is Tax Deductor under GST? 3. TDS under GST 4. Value of Supply for Tax Deduction under GST 5. Tax Deduction under GST from the Bill of Works Contractor 6. Deduction of Tax in Transitional Stage from VAT to GST 7. Registration of Tax Deductor at Source under GST 8. Essential Documents Required for Registration of Tax Deductor at Source under GST
Two Group of Ministers Constituted to consider the issues relating to Incentivizing digital payments in the GST regime & Imposition of Cess on Sugar under GST.
Suresh Jugraj Mutha Vs Addl.CIT (ITAT Pune) Conclusion: It is outside the jurisdiction of AO converting the limited scrutiny case like the present one to the unlimited one without the approval of Administrative Commissioner of Income Tax. Facts – Assessee filed the return and the case was taken up for limited scrutiny for the purpose […]
Press Information Bureau Government of India Ministry of Road Transport & Highways Dated: 04-May-2018 GST Council approves principles for filing of new return design based on the recommendations of the Group of Ministers on IT simplification GST Council today in its 27th meeting approved principles for filing of new return design based on the recommendations […]
Presently, the Central Government and State Government are holding 24.5% equity shares respectively and the remaining 51% are held by non-Governmental institutions and through various mechanisms, GSTN is under strategic control of government.
Keeping in view the need to move towards a less cash economy, the Council has discussed in detail the proposal of a concession of 2% in GST rate [where the GST rate is 3% or more, 1% each from applicable CGST and SGST rates] on B2C supplies
it is revealed that the ndia Gate Basmati Rice sold by the Respondent was not liable for tax before the implementation of the GST and after coming into force of the CGST Act, 2017 it was levied GST @ 5% w.e.f. 22.09.2017.
