Many Traders and service providers who were registered under State VAT Laws /Service TAX /Excise Law prior to 30.06.2017 have been migrated under GST Law w.e.f 01.07.2017 but they do not wish to continue their registration under GST their turnover being less than threshold limit of Rs. 20Lacs / 10Lacs as the case may be.
Though there is no mention of GTA in the GST Act & Rules, however as per Explanation to 9(iii) of Notification No. 11/2017-Central Tax (Rate), Dt.: 28th June, 2017 & Paragraph 2 Clause (ze) to Notification 12-2017 dated 28 June 2017, Goods Transport Agency means any person who provides service in relation to transport of goods by road and issues consignment note, by whatever name called.
जीएसटी लागू हुए लगभग अब दो माह पूरे होने को है तो आइये अब समय आ गया है की हम चर्चा प्रारम्भ करें जीएसटी होने के बाद की समस्याओं की और आज चर्चा कर रहें है कुछ् ऐसे ही छोटे व् मध्यम दर्जे की डीलर्स की व्यवहारिक रूप से सिर्फ कम्पोजीशन स्कीम के तहत ही काम कर सकते है लेकिन जी.एस.टी. के सिस्टम की तकनीकी खामियों के कारण उन्हें कपोजीशन के लाभ से वंचित कर दिया गया है .
GST is only 54 days old law, but 107 Notifications have been released till date, shows that implementing the intricacies of a well written law, is being done without application of mind. Please stop legal garbage generation.
1) Intimation issued under section 143(1) of the Income-tax Act, 1961 (`the Act’) displays mismatch of income without detailed analysis or reconciliation, of income tax returns filed by assesses. 2) Challenges and potential consequences in relation to returns processed by CPC
Users are coming across many major technical snags on GSTN Portal while filing GSTR 3B. The issues are open since last 4-5 days and giving taxpayers as well as professional unnecessary trouble as there is no final response from GSTN.
Return filing deadline relaxed for July, 2017. Last dates for filing returns (GSTR-3B, GSTR-1, GSTR-2 & GSTR-3) and making tax payments for July, 2017
The newly launched digital campaign by Angel Broking for Investment Engine is known as ARQ powered by the Nobel Prize winning ‘Modern Portfolio Theory’.
Answer: No, all services provided by the Government or a local authority are not exempt from tax. As for instance, services, namely, (i) services by the Department of Posts by way of speed post, express parcel post, life insurance, and agency services provided to a person other than Government; (ii) services in relation to an aircraft or a vessel, inside or outside the precincts of an airport or a port;
Karnataka State Chartered Accountants Association submit a Memorandum Regarding Hardships Faced In Gst Filings to Hon. Revenue Secretary Shri. Hasmukh Adhia on 19th August 2017. The Karnataka State Chartered Accountants Association (R) (in short `KSCAA’) is an association of Chartered Accountants, registered under the Karnataka Societies Registration Act, in the year 1957. Text of the […]
