HC ruled that when the services are rendered abroad, GST would not apply being export of services. Further the refund of ITC has to be allowed in the absence of any proof that incidence of tax has been passed on to the recipient. Captioned ruling has been analyzed in this update.
Stay updated on the new format of Form SH-4 Securities Transfer Form. Understand the recent amendments and learn how to execute the form.
Any waste and scrap generated during the job work may be supplied by the job worker directly from his place of business on payment of tax if such job worker is registered, or by the principal, if the job worker is not registered.
Buyback can be defined as repurchasing of its own securities by the company. The main objective of buyback by companies is to make use of the idle cash lying with them and ultimately improving the earning per share (EPS).
The issue which this court has to decide is whether the overseas group company or companies, with whom the assessee has entered into agreements, provide it manpower services, for the discharge of its functions through seconded employees.
Understand the new section 194R of the Income-tax Act, 1961. Learn about TDS on perquisites or benefits for business or profession.
Understand the UAE VAT Public Clarification VATP029 on Gold Making Charges. Find out when suppliers of gold jewellery need to pay VAT on making charges.
Understand the process of due diligence and its importance in acquisitions and buyouts. Learn how it provides comfort to buyers and helps in verifying potential investments.
When viewed in the background of violent and undemocratic acts of hooliganisms taking place in the name of constitutional right to protest in our country in the recent past show that even the good intent with which reforms were and are undertaken can go wary if they are not propagated effectively and meaningfully communicated to the public and implemented diligently for their sake.
Stay updated with the recent amendments related to Directors appointment, Form DIR-2 & DIR-3 in the Companies Act, 2013.
