All the existing registrants having a Permanent Account Number will be issued a provisional registration certificate in Form GST REG-21.Such Certificate shall be valid for an initial period of six months (or an extended period, as may be notified by the Central Government/State Government on recommendation of the Council) from the date of issue.
Demonetisation: Article discusses do Central Government exceeded its powers under RBI Act by allowing hospitals, petrol pumps, etc to accept invalid notes?
1. FORM GSTR-1 (within 10 days of the month following the month of supply): Details of Outward Supplies (Section 25 of the Draft Model GST Law). Every taxable person other than person registered under section 8, those paying tax under section 37 and Input service distributor.
As per the income tax act the assessing officer has the power to call for information under section 133(6). So essentially the notices for calling of information will be sent to all the assesse who have deposited in excess of 2,50,000, by exercising power under this section only.
#Demonetization of high value currency (Rs. 500 and Rs. 1000 notes) w.e.f. midnight of 8-9 November, 2016 is now a fortnight old decision, aftereffect of which is still worrisome and concerning.
Myth 1- In next round PM Modi will demonetise Rs. 100 and Rs. notes. Reality- There is no such intention and demonetisation will not be done for any other denomination of legal tender notes. Myth 2 – Select corporate houses and political party members were informed about the move in advance Reality– There was no […]
State VAT assesses are required to provide details to GSTN portal for migration to GST. Service Tax/Excise will be issued Provisional ID at a later date.
Have you ever wanted to have live stock up dates in Microsoft Excel? You might interested to watch Share Market to know current value of your portfolio
Before going through the content of the article let us understand what the word Tax Terrorism means. The term ‘tax terrorism’ was first used by the current Prime Minister Narendra Modi to describe the adversarial approach adopted by tax authorities under Congress lead UPA.
Articles discuses Need To Introduce Transparency In Bank Locker Facility to Discourage generation of Black Money or to keep the same in check.
