The concept of reverse charge mechanism was introduced in erstwhile Service Tax laws. Generally, tax is payable by the person who provides Services but under reverse charge mechanism the liability to pay tax has shifted to recipient of Services.
Stay informed about important changes in GST for the food industry starting July 18, 2022. Learn about the new regulations and how they affect branded and pre-packaged commodities.
Learn how to handle Section 143(1) notices regarding adjustment of income in Form No. 3CD of Tax Audit Report.
ITAT held that ‘serving of liquor is not charitable activity under section 2(15) of the Income Tax Act, 1961,
A’ is a manufacturer of specified goods liable to tax if ‘pre-packaged and labelled’. The retail packing is done by ‘A’ in above 25Kg packs (say 30Kg) and sold in the market through supply chain of distributor, dealer/retailer to final consumer. Whether GST is exempted?
What change has been made with respect to packaged and labelled commodity with effect from the 18th July, 2022 and What is the scope of ‘pre- packaged and labelled’ for the purpose of GST levy on food items like pulses, cereals, and flours?
The Government has always experienced resistance when it comes to levying an indirect tax on the transportation services supplied by a Goods Transport Agency (GTA).
Since the ex-promoters/directors and similarly situated chartered accountants have been granted bail, there is no reason why the Applicant should be treated any differently. Bail granted
Understanding the chaos caused by Clause 16(d) of Form No. 3CD and exploring possible solutions for affected individuals and the CPC.
Declaration of Result of Chartered Accountants Final Examination held in May 2022 – Pass percentage & Toppers of CA Final May 2022 Public Relations Committee The Institute of Chartered Accountants of India 15th July, 2022 ICAI Press Release The Institute of Chartered Accountants of India (ICAI) today announced the result of Chartered Accountants Final Examination […]
