Text of the Article on Demonetisation by the Union Finance Minister Shri Arun Jaitley Following is the full Text of the Article entitled “Demonetisation – A Look Back at the last Two Months” by the Union Finance Minister Shri Arun Jaitley: “Two months have passed since the Prime Minister announced the decision that high denominational… Read More »
Achievements of CBDT during Financial Year 2016-17 Major Achievements of CBDT in Current Financial Year 2016-17 so far include among others Enactment of The Benami Transactions (Prohibition) Amendment Act, 2016, Implementation of The Direct Tax Dispute Resolution Scheme, 2016 and of GAAR from Assessment Year 2018-19; Signing of contract for implementation of Project Insight to… Read More »
39 Key Changes in Revised Model GST Law Key Point Draft Model GST Law June 2016 Revised Draft Model GST Law November 2016 Incentives or concessions to SEZs. No provision in the Model GST Law Supply of goods and/or services to a SEZ developer or an SEZ unit are defined as zero rated supply in… Read More »
Office of the Commissioner of sales Tax, Maharashtra State, 8th Flr., Vikrikar Bhavan, Mazgaon, Mumbai-400010 To, ……………………… No. JCST/Mahavikas/GST EnrolInnent/2016-17/B-1024 Mumbai, Dt. 06/01/2017 Trade Circular No. 2T of 2017 Subject: Distribution of Provisional Login Id and Passwords as provided by the GST to the existing dealers for enabling them to Log-on the GST Common Portal… Read More »
PRE-BUDGET SUGGESTIONS 2017 Pre-Budget Memorandum, 2017-Indirect Taxes THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA NEW DELHI
RAJYA SABHA SECRETARIAT NOTIFICATION New Delhi, the 7th January, 2017 No. RS 1/1/2017-L.—The following Order by the President dated the 6th January, 2017, is published for general information :- “In exercise of the powers conferred upon me by clause (1) of article 85 of the Constitution, I hereby summon the Rajya Sabha to meet at… Read More »
Special Category States under GST Check Amazon Today Best Deals and Offers for Saving Here is the List of Special category States in India List of Special Category States under GST Special Category States under GST :- As per Explanation (3) of Section 22 of CGST act 2017 , ” special category States ” shall mean the… Read More »
Definition of GST- Good and Service Tax Definition of GST -Goods and Service Tax – as defined in Article 366 (12A) of Constitution of India to mean “any tax on supply of goods or services or both except taxes on supply of the alcoholic liquor for human consumption‟. Definition of Goods under GST In terms of Section… Read More »
MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) NOTIFICATION New Delhi, the 3rd January, 2017 G.S.R. 12(E).—In exercise of the powers conferred by section 55 of the Special Economic Zones Act, 2005 (28 of 2005), the Central Government hereby makes the following rules further to amend the Special Economic Zones Rules, 2006, namely:— (1) These… Read More »
HIGH COURT OF MADRAS Commissioner of Income-tax, Chennai v. K.N. Pannirselvam S. MANIKUMAR AND D. KRISHNAKUMAR, JJ. TAX CASE (APPEAL) NO. 617 OF 2016 SEPTEMBER 1, 2016 T. RaviKumar for the Appellant. JUDGMENT D. Krishnakumar, J. – The present appeal has been filed by the Revenue under Section 260A of the Income Tax Act 1961… Read More »