REPORT OF THE JOINT COMMITTEE ON BUSINESS PROCESSES FOR GST ON GST PAYMENT PROCESS Empowered Committee of State Finance Ministers New Delhi- April, 2015 CONTENTS OF THE REPORT 1. Introduction 2. Payment by taxpayers through internet banking including Credit Card/Debit card A. Process involved in e-payment of GST B. Role to be played by each… Read More »
REPORT OF THE JOINT COMMITTEE ON BUSINESS PROCESSES FOR GST ON GST REGISTRATION Empowered Committee of State Finance Ministers New Delhi July, 2015 1. Introduction 2. Assumptions 3. Structure of registration number 4. Procedure for obtaining Registration 5. Facilitation Centers and Tax Return Preparer Scheme 6. New Applicants 7.… Read More »
A company (say Company X) is a key player in media industry. The requirements of media industry is such that the company continuously needs to incur heavy amount on promotions, advertising, internal and external communications and promotions, incurring expenditure on campaigns such as save water, save energy, Green earth, etc. The company incurs substantial expenditure… Read More »
CENVAT CREDIT (FOURTH AMENDMENT) RULES, 2015 – AMENDMENT IN RULE 6 NOTIFICATION NO.21/2015-C.E. (N.T.), DATED 7-10-2015 In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944) and section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to… Read More »
Parties to appeal cannot produce additional evidence of their own but if Tribunal so requires, same can be produced on recording of reasons by Tribunal IN THE ITAT AMRITSAR BENCH Income-tax Officer v. Pankaj Dutta A.D. JAIN, JUDICIAL MEMBER AND B.P. JAIN, ACCOUNTANT MEMBER IT APPEAL NO. 104 (ASR.) OF 2011 [ASSESSMENT YEAR 2002-03] MARCH… Read More »