Daily Archives: May 22, 2018

Bring ATF under GST : Civil Aviation Ministry to urge Finance Ministry

By | May 22, 2018

Civil Aviation Ministry to urge Finance Ministry to bring ATF under GST To contain the rise in jet fuel prices and its cascading impact on air ticket prices, Civil Aviation Ministry will urge the Finance Ministry to bring the particular fuel type under the ambit of GST. Civil Aviation Secretary Rajiv Nayan Choubey on Tuesday said, a proposal will be made to the Ministry of Finance to… Read More »

GST Registration by Non Resident Taxable Person in India : FAQs by GSTN

By | May 22, 2018

GST Registration by Non Resident Taxable Person : FAQs by GSTN Here is the complete FAQs on GST Registration by Non-Resident Taxable Person in India 1. Are there any preconditions before I can apply for Registration as a Non-Resident Taxable Person? A Non-Resident Taxable Person must fulfill following conditions so that he/she can register on the… Read More »

How to File GSTR 5 : User Manual by GSTN

By | May 22, 2018

How to File GSTR 5 : User Manual by GSTN   1. Login and Navigate to GSTR-5 page 1. Access the www.gst.gov.in URL. The GST Home page is displayed. 2. Login to the GST Portal with valid credentials. 3. Click the Services > Returns > Returns Dashboard command. Alternatively, you can also click the Returns Dashboard link on the Dashboard. 4. The File… Read More »

GSTR 5 FAQs by GSTN

By | May 22, 2018

GSTR 5 FAQs by GSTN Here are the complete FAQs on GSTR 5 by GSTN 1. What is GSTR-5? GSTR-5 is a return to be filed by all Non- Resident Taxpayer in cases he doesn’t wish to avail ITC on local procurements. In case, he wishes to avail ITC on local procurement, he will be required… Read More »

Notification No 11/2018 Union Territory Tax : Eway bill in Lakshadweep w.e.f 25.05.2018

By | May 22, 2018

Notification No 11/2018 Union Territory Tax Govt has rescinds Notification No 6/2018 Union Territory Tax [G.S.R. 319(E)] dated the 31st March, 2018 w.e.f 25.05.2018 Eway bill for intra UT movement of Goods in Union Territory of Lakshadweep  mandatory from 25.05. 2018 vide Notification No 11/2018 Union Territory Tax Dated 21st May, 2018 MINISTRY OF FINANCE (Department of Revenue)… Read More »

Notification No 10/2018 Union Territory Tax : Eway bill in Andaman and Nicobar Islands w.e.f 25.05.2018

By | May 22, 2018

Notification No 10/2018 Union Territory Tax Govt has rescinds Notification No 2/2018 Union Territory Tax [G.S.R. 315(E)] dated the 31st March, 2018 w.e.g 25.05.2018 Eway bill for intra UT movement of Goods in Union Territory of Andaman and Nicobar Islands mandatory from 25.05. 2018 vide Notification No 10/2018 Union Territory Tax Dated 21st May, 2018 MINISTRY OF… Read More »

No Income Tax on Property or money received by will or inheritance 

By | May 22, 2018

No Income Tax on Property or money received by will or inheritance Sum of money or property received under a will or by way of inheritance [Clause (III)of the proviso] Clause (III) of the proviso provides that any sum of money or property received under a will or by way of inheritance shall not be taxed as income under section 56(2)(x) of Income… Read More »