In re M/s TP Ajmer Distribution Limited (GST AAAR Rajasthan) AAAR held that no GST is chargeable on the delayed payment charges collected from the consumers for delay in payment of consideration for supply of electricity. While GST is chargeable on the cheque dishonor charges collected ( by whatever name) from the consumers. Also Read […]
The content of the news item mentions about the Chartered Accountant who allegedly cheated his clients on the pretext of depositing service tax and pocketed Rs. 7.40cr by issuing fake challans.
(a) These Directions shall be called the Reserve Bank of India (Relief Measures by Banks in Areas Affected by Natural Calamities) Directions, 2018. (b) These Directions shall come into effect on the day they are placed on the official website of the Reserve Bank of India.
(a) These Directions shall be called the Reserve Bank of India (Relief Measures by Banks in Areas Affected by Natural Calamities) Directions, 2018. (b) These Directions shall come into effect on the day they are placed on the official website of the Reserve Bank of India.
ICAI Requesed Government for permitting availment of input tax credit under GST pertaining to Financial Year 2017-18 till 31st December, 2018
INDIAN CUSTOMS- UNPRECEDENTED TAX REFORM- Enhanced Ease of Doing Business- Indian Customs has taken a series of measures to simplify Customs processes and procedures during the last few years.
Oil prices had been rallying till the first week of October (for seven consecutive weeks) on concerns that the looming U.S. restrictions on Iran will squeeze supply at a time when production is already being affected because of geopolitical supply disruptions coupled with temporary Permian pipeline shortages. Added to that is the ongoing crisis in Venezuela, which has led to a massive fall in its oil production.
It is humbly requested that the time limit to file GSTR-3B & GSTR-1 for the month/quarter of September 2018 may be extended to 31st January 2019 or the necessary amendments may be made in the provisions of section 16(4) and section 39(9) to allow the claim of input credit or to rectify the omissions till the due date to file the annual return or audit report.
Majority of the agricultural commodities traded on exchange platform requires assaying. The number and size of the samples are determined by the nature of commodity and the requirements of tests to be done in order to meet the exchange specifications. It has come to the notice that varied approaches are being followed by the exchanges in this regard.
Description of import item 1 in SION A-1486 is amended from Lauryl Alcohol to Lauryl Alcohol/ Lauryl Myristyl Alcohol vide Public Notice No. 42/2015-2020 Dated 16th October, 2018.
