Are you giving Freebies to Dealers/Distributors/ Employees/ Business partners, then from 1 July 2022 you need to deduct TDS under Section 194R
As per sec 50(1) of the CGST Act 2017, a taxpayer is liable to pay interest @ 18% p.a. on the late payment of tax or non-payment of Tax. The extract of the said section has been provided below.
Learn about FSSAI Food License Registration for Amazon Warehouses. Ensure the safety and legality of your food products.
Learn about FSSAI food license registration for bars and beverages. Ensure compliance and safety with FSSAI regulations.
Ensure compliance with FSSAI food safety regulations. Learn about the mandatory FSSAI food license registration for fruit importers in India.
Discover the regulations and guidelines for obtaining an FSSAI license for energy drinks in India. Stay compliant with the latest regulations in the caffeine and beverage industry.
Understand the GST implications on insurance claim received on the loss of stock or capital assets. Learn about ITC availability and taxable amount under GST.
The Madras High Court rules that IBC proceedings cannot affect the rights of the Income Tax Department to reopen assessments.
Should Cess and Surcharge Be Permanent? Explore the history and purpose of Cess and its impact on taxes and duties.
Stay compliant with the help of a comprehensive compliance calendar for public limited companies. Don’t miss important deadlines and stay on top of regulatory requirements.
