Sponsored
    Follow Us:

GST has special significance for States: Dr Jitendra Singh

July 9, 2017 1275 Views 0 comment Print

Dr Jitendra Singh has said that GST has a special significance for Jammu & Kashmir and the eight States of the North-East Region. The same also applies to States like Uttarakhand and Himachal Pradesh, he said.

GST will transform Indian economy: Mukhtar Abbas Naqvi

July 9, 2017 993 Views 0 comment Print

Shri Mukhtar Abbas Naqvi addresses awareness programme on GST in Hyderabad Shri Naqvi says GST is biggest economic reform after Independence, the new tax system will transform Indian economy The Minister of State for Minority Affairs (Independent Charge) & Parliamentary Affairs Shri Mukhtar Abbas Naqvi today said here that Goods and Services Tax (GST) is […]

Maintenance of accounts and records under CGST Rules, 2017

July 9, 2017 12612 Views 4 comments Print

According to rule 56 of the Central Goods and Services Tax (Second Amendment) Rules, 2017, as per Notification No. 10/2017- Central Tax, dated 28.06.2017, the following accounts and records have to be maintained by a registered person:

Whether tax U/s. 221 of the IT Act takes within its ambit interest component?

July 9, 2017 2307 Views 0 comment Print

Section 221 of the Income Tax Act, 1961, prescribes penalty according to its provisions when an assessee is in default or is deemed to be in default in making a payment of tax.

Composition and record keeping under GST

July 8, 2017 21909 Views 7 comments Print

PART A-Composition Scheme What is the composition scheme Who is eligible to avail composition scheme Category of persons excluded from the Scheme Composition rates and computation of tax Procedure to be followed Part B- Accounts and records Accounts and records to be maintained Period for which to be retained Composition levy is an option for […]

Increase MRP after considering extra availability of input tax credit

July 8, 2017 1092 Views 0 comment Print

It is clarified to all concerned that in the circular WM-10(31)/2017 Dated 04.07.2017, the phrase the increased amount of tax due to GST, if any” means the effective increase in the tax liability calculated after taking into consideration extra availability of input tax credit under GST (including deemed credit available to the traders under CGST)

Prices of appliances under UJALA revised after GST comes into effect

July 8, 2017 870 Views 0 comment Print

♠ 9W LED bulbs to cost Rs 70, 20W LED tube light to cost Rs 220 & 5-star rated fans will be available at Rs 1,200 ♠ Consumers appealed not to pay any amount over and above the prices fixed by EESL for the UJALA appliances The prices of energy efficient appliances distributed under the […]

FM launches Mobile App “GST Rates Finder”

July 8, 2017 2016 Views 0 comment Print

Finance Minister Shri Arun Jaitley launches a Mobile App GST Rates Finder to help users to find rates of GST for various goods and services.

GST: Officers cannot visit premises of taxpayers without authorization

July 8, 2017 5172 Views 0 comment Print

Clarification by the Office of the Chief Commissioner of GST (Delhi Zone) that no officer of the Department is authorized to visit the premises of the traders and shopkeepers without authorization; In case of any difficulty, complain at Phone no. 011-23370115. It has been reported in a certain section of media that some unscrupulous elements […]

GSTIN to be issued after 3 working days from generation of ARN

July 8, 2017 96246 Views 45 comments Print

After generation of Application Reference Number (ARN), the Registration Certificate (RC) containing GSTIN will be issued after 3 working days, unless approved earlier by Tax Officer

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