Bombay High Court held that Interest on interim compensation received pending final disposal by the High Court is income if there is no direction given by the Court. The source of funds to earn income cannot determine the taxability of the income earned on the capital amount which has been invested. This in the absence […]
Export of eggs and pulses (dhal) has been permitted to the Republic of Maldives under bilateral trade agreement between Government of India and Government of Maldives during the period 2017-18 w.e.f. April, 2017 as per the quantities indicated in the Table at Para 1 above
Bank notes with writing or ink mark on them continue to be legal tender, however, bank notes bearing religious or political messages will not be treated as eligible for exchange as per Note Refund Rules, 2009.
CBEC releases note on Advance ruling mechanism , Composite Supply and Mixed , Job Work Under GST, Recovery of Tax, Returns, Import-GST system, Accounts and Records in GST, GST tax refund , Registration , TDS mechanism , Benefits of GST in Hindi.
Shivaji Sarkar The radio and television are change agents for India. The radio when started in late 1920s was a surprise. Its access, broadcast and listening, was limited but still it made waves. It won the hearts as Calcutta (Kolkata) Radio station broadcast an early dawn music programme of Mahishasurmardini, chanting of the Devisapatshati on […]
The role of Statistics in formulation, monitoring and evaluation of developmental policies needs no emphasis. Statistics is also required for improving transparency and accountability in the implementation of policies through better understanding and control on delivery of public services.
State/Central officials being subsumed in GST will continue in office on the appointed day & shall be deemed to be appointed as GST officials/ competent authority.
Before generation of Challan, it will be in My Saved Challans & after generation it will be Challan History. Challans can be saved & edited for a maximum of 7 days after which they are purged by the system At any point of time, there can be only 10 challans saved Once a challan is generated, it is valid for 15 days
Filing of GST-Returns All the returns are to be filed online. Returns can be filed using any of the following methods: ―1. GSTN portal (www.gst.gov.in ) ―2. Offline utilities provided by GSTN ―3. GST Suvidha Providers (GSPs) – If you are already using the services of ERP providers such as Tally, SAP, Oracle etc., there […]
Notification No. 16/2017 – Central Tax dated 7th July, 2017 specifies conditions to be fulfilled for export under Letter of Undertaking (LUT) in place of bond. In the extant Central Excise provisions, LUTs were limited to manufacturer exporters only.
