Q . Is the pre-registration of credit card necessary in the GSTN portal for the GST payment? Ans. Yes. The taxpayer would be required to pre-register his credit card, from which the tax payment is intended, with the Common Portal maintained on GSTN. GSTN may also attempt to put in a system with banks in… Read More »
Q Can a challan generated online be modified? Ans. No. After logging into GSTN portal for generation of challan, payment particulars have to be fed in by the tax payer or his authorized person. He can save the challan midway for future updation. However once the challan is finalized and CPIN generated, no further changes… Read More »
The last major development on GST was the approval of Union Cabinet for the formation of GST council and enforcement of all sections of the 101st Constitutional Amendment Act. The GST Council has fixed the annual turnover threshold of Rs. 10 Lakh for North eastern states and Rs 20 Lakh for the other regions. Latest… Read More »
Tribunal can refuse to admit appeal under GST As per the following FAQs on GST by CBEC Tribunal can refuse to admit appeal under GST Q 16. When the Tribunal is having powers to refuse to admit the appeal?- GST Appeals, Review and Revision in GST Ans. In cases where the appeal involves – •… Read More »
Club /Society members needs to pay GST As per the following FAQ’s on GST by CBEC (Meaning and Scope of Supply) , Club/ Society member needs to pay GST on the Services availed by them from such Society or Club. Thus the govt has overridden the Mutuality concept under which services provided by club /… Read More »
Appeals, Review and Revision in GST As per following FAQs on GST (Appeals, Review and Revision) released by CBC , a person can not file appeal against the orders mentioned in Section 93 of Model GST Law Q 1. Whether any person aggrieved by any order or decision passed against him has the right to appeal?… Read More »
Code of Criminal Procedure, 1973 Section – 46 Arrest how made. 46. (1) In making an arrest the police officer or other person making the same shall actually touch or confine the body of the person to be arrested, unless there be a submission to the custody by word or action: 1[Provided that where a… Read More »
Persons in charge of closed place to allow search. Section – 100, Code of Criminal Procedure, 1973 100. (1) Whenever any place liable to search or inspection under this Chapter is closed, any person residing in, or being in charge of, such place, shall, on demand of the officer or other person executing the warrant,… Read More »
IFRS Guidebook: 2016 Edition Kindle Edition International Financial Reporting Standards (IFRS) are the basis for financial reporting. The original IFRS documents span thousands of pages, and so are difficult to research. The IFRS Guidebook solves this problem by condensing the key elements of IFRS into a single volume. This book describes each accounting topic, how… Read More »
Scanner -Advanced Auditing & Professional Ethics (CA-Final for Nov. 2016 Exams) (2nd Edition, June 2016) BUY Scanner -Advanced Auditing & Professional Ethics (CA-Final for Nov. 2016 Exams) (2nd Edition, June 2016) Incorporating *More than 730 Question and Case studies along with answers *All questions from Nov. 2008 to May 2016 *All amendments (including CARO,2016) applicable… Read More »