Section 61 of Uttarakhand GST Act 2017 ( Section 61 of Uttarakhand GST Act 2017 explains Scrutiny of returns and is covered in CHAPTER XII ASSESSMENT) Scrutiny of returns 61. (1) The proper officer may scrutinize the return and related particulars furnished by the registered person to verify the correctness of the return and inform him of the… Read More »
Section 60 of Uttarakhand GST Act 2017 ( Section 60 of Uttarakhand GST Act 2017 explains Provisional assessment and is covered in CHAPTER XII ASSESSMENT) Provisional assessment 60. (1) Subject to the provisions of sub-section (2), where the taxable person is unable to determine the value of goods or services or both or determine the rate of tax… Read More »
Section 59 of Uttarakhand GST Act 2017 ( Section 59 of Uttarakhand GST Act 2017 explains Self-assessment and is covered in CHAPTER XII ASSESSMENT) Self-assessment 59. Every registered person shall self-assess the taxes payable under this Act and furnish a return for each tax period as specified under section 39. Uttarakhand GST Act 2017 Uttarakhand GST Rules 2017… Read More »
United Bank of India-Empanelment of Stock and Receivable Auditors United Bank of India has invited application for empanelment of stock & receivable auditors for audit of inventories, trade receivables and trade creditors of its borrowers from the CA proprietorship/partnership firms fulfilling the prescribed criteria. The last date for receiving application along with all supportive documents at… Read More »
Rule-New App I, Income-tax Rules 1[NEW APPENDIX I [ Substituted by the IT (Sixth Amdt.) Rules, 2005, w.e.f. 2-4-2005. ] [Effective from assessment year 2006-07 onwards] [See rule 5] TABLE OF RATES AT WHICH DEPRECIATION IS ADMISSIBLE [ Note Income Tax Depreciation rates has been changed w.e.f 01.04.2017 : reference notes given against each rate ]… Read More »
Impact of GST on Textile and Apparels Download Impact of GST on Textile and Apparels ( an article published by Indirect Tax Committee of ICAI )
HIGH COURT OF MADRAS M. Bagulayan v. Superintendent of Central GST & Central Excise* G.R. SWAMINATHAN, J. W.P.(MD) NO. 24208 OF 2017 W.M.P.(MD) NO. 20317 OF 2017 JANUARY 24, 2018 T. Bashyam for the Petitioner. R. Aravindan, Standing Counsel for the Respondent. ORDER 1. Heard the learned counsel on either side. 2. By consent of both the parties the main… Read More »
Circular No 6/2018 Customs Dated 16-03-2018 Refund of IGST on Export-EGM Error related cases. IGST Refund module for exports is operational in ICES from 10.10.2017. The module has an inbuilt procedure to automatically grant refund after validating the Shipping Bill data available with Customs against the GST Returns data available with GSTN. The procedure also… Read More »
Section 58 of Uttarakhand GST Act 2017 ( Section 58 of Uttarakhand GST Act 2017 explains Utilisation of Fund and is covered in CHAPTER XI REFUNDS) Utilisation of Fund 58. (1) All sums credited to the Fund shall be utilised by the Government for the welfare of the consumers in such manner as may be prescribed. (2) The… Read More »
Section 57 of Uttarakhand GST Act 2017 ( Section 57 of Uttarakhand GST Act 2017 explains Consumer Welfare Fund and is covered in CHAPTER XI REFUNDS) Consumer Welfare Fund 57. The Government shall constitute a Fund, to be called the Consumer Welfare Fund and there shall be credited to the Fund,—- (a) the amount referred to in sub-section… Read More »