Reading Time: 4 minutesNotification regarding composition Dealers [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 34/2017 – Central Tax New Delhi, the 15th September 2017 G.S.R……(E):- In exercise of the powers conferred by section
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Reading Time: 2 minutesTDS under GST section comes Into force Tax Deduction at Source (TDS) is a system, initially introduced by the Income Tax Department. It is one of the modes/methods to collect the tax, under which, a certain percentage of the amount is deducted by a recipient at the time of making payment to the supplier. It
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Reading Time: 2 minutesGST Registration for NRIs , Being Largest market for investment ,India always a fascinating country for non residents for business. if any non resident entity plans to start a business in India than GST registration is a must for him . here we discuss about GST provisions for non residents:- List of Documents for GST
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Reading Time: 3 minutesGST AUDIT | Goods and Services Tax Audit Mechanism GST is a mutual trust based taxation system in which the taxable person is required to self-assess his returns and determine tax liability without any intervention by the GST official.Therefore a tax system that relies on self-assessment has to put in place a robust ” Audit Mechanism
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Reading Time: < 1 minuteNotification no. 29/2017 – Central Tax regarding extension of filing dates of GST Returns 1/2/3 for the month of July & August, 2017 Rectification of Omissions,Errors during filing of GST Return
Reading Time: < 1 minuteSelling of space for advertisement in print media is leviable to GST @ 5%.If the advertisement agency works on principal to principal basis, that is, buys space from the newspaper and sells such space for advertisement to clients on its own account, that is, as a principal, it would be liable to pay GST @5%
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Reading Time: < 1 minuteThe government has Revised the Rate of Rent a Cab, Goods Transport Agency (GTA), Government Work contract vide Notification No. 20/2017–Central Tax (Rate) dated 22.08.17. Below are the Summary of the Notification. Seeks to amend notification No. 11/2017-CT(R) to reduce CGST rate on specified specified supplies of Works Contract Services, job work for textile & textile products, printing
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Reading Time: < 1 minute,Notification No. 11/2017–Central TaxCGSTNotification No. 11/2017–Central Tax dated 28.06.17 Seeks to amend Notification no 6/2017-Central Tax dt 19.06.2017 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs … Notification11-CGST
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