Guarantee fee shall be paid on the sanctioned amount corresponding to the outstanding balance of the quarterly built up balance of the portfolio of micro loans, including micro unit/enterprise set up under Joint Liability Group (JLG) framework, individually or jointly
21/03/2023 As per provision of section 2(62) of The Companies Act, 2013 “One Person Company” is defined as a company which has only one person as member. Some issues have been raised by the persons registering as ‘One Person Company’ while they take GST registration. Upon analysis, it has been noticed that the option of […]
Whether restaurants entitled to charge GST on service charge voluntarily paid by customer and if so, details thereof and provision and slab under which GST is charged
72,42,156 is the highest number of ITR filing in a day on 31st July 2022. 42.92% of total returns were processed within a span of 24 hours of furnishing of ITR. 19 banks onboarded on online tax payment system TIN 2.0. The Government has taken a number of measures in recent years to maintain continuity […]
Extension of last date for electors to intimate Aadhaar Number – Govt extends deadline for linking of Aadhaar to Voter ID to March 31 2024
All government transactions done by agency banks for the Financial Year 2022-23 must be accounted for within the same financial year. Accordingly, the following arrangements are put in place to report and account for Government transactions for March 31, 2023.
Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Bill, 2023 proposes to provide for settlement of arrears under various Acts administered by the Goods and Services Tax Department so as to give effect to the proposals contained in the Budget Speech for the financial year 2023-2024.
Seeks to further amend No. 04/2022-Central Excise, dated the 30th June, 2022 , to increase the Special Additional Excise Duty (SAED) on Diesel from Rs. 0.50 per litre to Rs. 1 per litre w.e.f. 21st day of March, 2023 Vide Notification No. 14/2023-Central Excise Dated: 20th March, 2023. MINISTRY OF FINANCE (Department of Revenue) New Delhi […]
Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to reduce the Special Additional Excise Duty (SAED) on production of Petroleum Crude from Rs. 4,400 per tonne to Rs. 3,500 per tonne w.e.f. 21st day of March, 2023 Vide Notification No. 13/2023-Central Excise Dated: 20th March, 2023. MINISTRY OF FINANCE (Department of Revenue) New […]
In re Uttarakhand Civil Aviation Development Authority (GST AAR Uttarakhand) What will be the classification of services provided by the Heli-Operators by way of transport of passengers by air in case of Helicopter Shuttle Services and What will be the GST rate applicable on the services mentioned in the first question in terms of the notification […]
