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Sections 115TD to 115TF – Special provisions relating to tax on accreted income of certain trusts and institutions – Issues to be addressed

January 25, 2018 3834 Views 0 comment Print

The Finance Act, 2016 inserted a new Chapter XII-EB to provide for levy of additional income tax in case of conversion into, or merger with, any non-charitable form/entity or on transfer of assets of a charitable organisation on its dissolution to a non-charitable institution.

Amendments in Appendix 4J of Hand Book of Procedures 2015-20-reg.

January 25, 2018 1194 Views 0 comment Print

Public Notices No. 57/2015-2020-DGFT In exercise of powers conferred under Paragraph 1.03 of the Foreign Trade Policy 2015-2020, as amended from time to time, the Director General of Foreign Trade makes the following amendments in Appendix 4J of Hand Book of Procedures 2015-2020

Accounting Standard 16 Property, Plant &amp Equipment- Exposure Draft

January 25, 2018 1848 Views 0 comment Print

AS 10 has been taken as the base for formulating the upgraded Standard on Property, Plant and Equipment. The upgraded Standard on AS 16 is almost similar to AS 10. However, there are certain differences between draft AS 16 and AS 10.

MGST: Amendment to Notification No.2/2017-SGST (Rate)

January 25, 2018 1122 Views 0 comment Print

No. GST-1018/C.R.16(2)/Taxation-1.– In exercise of the powers conferred by sub-sections (1) and (3) of section 11 of the Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017), the Government of Maharashtra, on the recommendations of the Council

MGST Notification No.06/2018-ST(R) -Amendment to Notification No.1/2017-SGST (Rate)

January 25, 2018 1038 Views 0 comment Print

No. GST-1018/C.R.16(1)/Taxation-1.– In exercise of the powers conferred by sub-section (1) of section 9 of the Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017), the Government of Maharashtra

MGST Notification on Exemption of Central Govts share of Profit Petroleum from Central tax

January 25, 2018 603 Views 0 comment Print

Government of Maharashtra hereby exempts the intra-State supply of services by way of grant of license or lease to explore or mine petroleum crude or natural gas or both, from so much of the state tax as is leviable on the consideration paid to the Central Government

MGST: GST Payment on construction service against transfer of development rights-Reg.

January 25, 2018 999 Views 0 comment Print

MGST Noti. No.04/2018-ST(R)-Special procedures for payment of tax by Reg. person supplying construction service against transfer of development rights

MGST -RCM on renting of immovable property by Govt./ local Authorities

January 25, 2018 930 Views 0 comment Print

Services supplied by the Central Government, State Government, Union territory or Local authority by way of renting of immovable property to a person registered under the Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017).

MGST: Notification No. 02/2018-ST(R) exempts certain services from GST

January 25, 2018 7935 Views 0 comment Print

No. GST.1018/C.R.15(2)/Taxation-1.– In exercise of the powers conferred by sub-section (1) of section 11 of the Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017), the Government of Maharashtra, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council

MGST Notification To notify SGST rates of various services

January 25, 2018 8568 Views 0 comment Print

No. GST-1018/C.R.15(1)/Taxation-1.– In exercise of the powers conferred by sub-section (1) of section 9, sub-section (1) of section 11, sub-section (5) of section 15 and sub-section (1) of section 16 of the Maharashtra Goods and Services Tax Act, 2017

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