Goods and Services Tax : The provisions for tax and penalty determination under the currently applicable Section 73 (Nonfraud cases) and Section 74 (Fraud ...
Goods and Services Tax : बजट 2024 में GST की धारा 73 और 74 को हटाकर नई धारा 74A लागू की �...
Income Tax : Explore the new Section 128A proposed in Budget 2024, detailing tax relief for non-fraud cases under Section 73. Learn how this im...
Income Tax : Explore controversy surrounding Section 87A of Income Tax Act and its impact on short-term capital gains. Learn why rebate was sud...
Goods and Services Tax : Discover the challenges faced by dealers when GST ITC is blocked. Learn expert advice, legal insights, and potential actions to re...
Goods and Services Tax : गुड्स ट्रांसपोर्ट एजेंसियों को जीएसटी कर का फॉरव...
Goods and Services Tax : Goods Transport Agencies have to submit Annexure V to opt for Forward charge of Tax and for the Financial Year 2023-24 and the d...
Goods and Services Tax : AIMTPA – All India MSME and Tax Professionals Association has invited two GST Experts on it’s Platform on 24th July 2021 and a...
Goods and Services Tax : The Goods and Service Tax – An Introductory study written by CA Sudhir Halakhandi in the ICAI CA Journal at the time of start of...
भारत में वेट वर्ष 2006 में लगाया गया था और इस अप्रत्यक्ष कर की अंतिम तार्किक परिणिति गुड्स एवं सर्विस टैक्स के रूप में होनी थी इसीलिए तत्कालीन वित्तमंत्री श्री पी. चिदंबरम ने वर्ष 2006 के अपने बजट भाषण में जी.एस.टी. का जिक्र करते हुए कहा था कि पूरे भारत में एक ही अप्रत्यक्ष कर 1 अप्रेल 2010 से लगाया जाएगा जिसके तहत केंद्र सरकार कर एकत्र करेगी जिसे केंद्र एवं राज्यों के मध्य बांटा जाएगा.
Vat was introduced in all over country in 2006 and GST is the logical conclusion of the successful introduction and imposition of Value added Tax in India. In its standard format GST is a single tax replacing all the indirect taxes and collected by a single authority but in our country the system of Governance is Federal and both centre and states have the power to collect indirect taxes in one form or another.
What is IGST and how this will monitor the interstate trade of Goods in GST? Will IGST replace the existing CST? Please explain with suitable example. A new model is developed under proposed GST to monitor the interstate trade of Goods and Services and this is called IGST. Let me clear first thing it will not replace the existing CST and there will be long awaited goodbye to Central Sales Tax in the GST regime.
Goods and Service tax which is going to be introduced in India is a Tax to be collected by states and centre both on a single transaction so if X of Mumbai sells Goods to Y of Mumbai then both SGST and CGST will be applicable on this transaction
Goods & Service Tax (GST) – One Question A Day by CA Sudhir Halakhandi – PART 1 Q. The talks on GST is going on in the News papers very prominently and I came to know that GST will be a single tax replacing all the Central and State indirect Taxes and we will require […]
सुधीर हालाखंडी बजट आने के पहले हर वर्ष समाचार पत्रों में बजट साल के अगले साल जी.एस.टी. लागू होने की काफी जोर शोर से छपती है लेकिन एक बात हर बार होती है कि कही ना कही बाद में यह खबर आती है कि राज्यों और केंद्र के बीच किसी एक या अधिक मुद्दे पर […]
All Rajasthan Vat Consultants Association (ARVCA) (Incorporation under process) has recently given by e-mail on 22.12.2014 Memorandum on VAT issues faced by the Traders and Professionals in the State to Hon. Commissioner of Commercial Taxes, Rajasthan. The Memorandum Covered the following 16 topics :-
The first base of the extension of due date as mentioned by CBDT is the verdict of Gujarat High court and today we have with us , the Gujarat petitioner CA RAJNI SHAH from Ahemdabad , Let us have a talk with him :-
The basis of the extension of date by CBDT was verdict of Gujarat High court and we have talked with the petitioner of Gujarat High court CA RAJNI SHAH and in his talk he mentioned the role of WhatsApp Group ‘MISSION TAR DEFERMENT 2014’.
The central Board of Direct taxes has extended the date of obtaining and furnishing the Tax audit report to 30/11/2014 though the Date of filing of Income tax returns is still 30/09/2014 and it is very unfortunate situation troubling the whole trade and Industry which is a very big part of the total tax paying fraternity.
