Article explains provisions relating to Levy and Supply under GST as given in (Draft) Model Goods and Services Act, 2016 (GST Act) been explained.
Finally India is converging to IFRS by adopting equivalent Standards i.e. Ind AS, as per the roadmap for implementation of Ind AS notified by the MCA. Ind AS contain numerous carve outs from IFRS and therefore Ind AS financials will not be the same as those prepared as per IFRS.
Every person, other than a non-resident taxable person, a person required to deduct tax at source under section 37 and a person required to collect tax at source under section 43C, who is liable to be registered under Schedule III of this Act
EOI for Appointment of Audit firms for conducting Internal Audit of NBCFDC for the Financial Year 2016-17. Last date of Submission- 14.11.2016.
It has been decided that PF and pension payments to members or EPF Scheme 1952 and EPS 1995 are made on the date of retirement Itself
All death cases claims submitted by spouse/nominee/legal heir of EPF member be invariably settled within a period of 7 days from date of submission of claim form in concerned field office where the deceased members accounts are being maintained.
For the purpose of making disallowance of other sums chargeable under Section 40(a)(i) of the Income-tax Act, 1961, in the case of non-residents, the appropriate portion of the sum chargeable to tax under the Act, ie, income component therein shall form the basis of such disallowance.
Invoicing under the GST regime will be BEGNING OF PAPERLESS TRANSACTIONS ERA in this respect we should know the exact format of the invoice that will be put to use after April 2017. Government is striving hard to make it to the date. All what is left is the implementation of the GST.
Applicant can appear before the Tribunal or the Appellate Tribunal in person or can authorise a chartered accountant, company secretary, cost and works accountant or a lawyer to appear before NCLT, NCLAT.
Articles Answers FAQs on Enrolment of Existing Taxpayer currently registered under Central Excise, Service Tax, State Sales Tax / VAT, Entry Tax, Luxury Tax & Entertainment Tax on GST System Portal
