Ministry of Finance Roll out of e-Way Bill system for intra-State movement of goods in the Maharashtra, Manipur and Union Territories (without legislature) Posted On: 24 MAY 2018 PIB Delhi As per the decision of the GST Council, e-Way Bill system for inter-State movement of goods has been rolled out from 1st April, 2018. As on… Read More »
Kerala Govt. issues Instructions to Report Date Wise Refund Claimed / Sanctioned in GST by States [Read Circular] File No.CT/2697/2018-C1 [ Circular No. 9/2018 Dated 18.05.2018 ] The Kerala Government has recently issued a circular containing instruction on reporting of data on application for Refund using RFD-01 to State or Central Tax Authorities. The Goods and… Read More »
Notification to authorize the proper officer to intercept any conveyance to verify the e-way bill. F.17(131)ACCT/GST/2017/3560 Dated 23.05.2018 Download Notification : Click here Eway Bill : Free Video Lectures and Study Material Topic wise Commentary on GST Act of India
Notification to extend the time limit to conclude the inspection proceedings under RGST Rules, 2017. F.17(131)ACCT/GST/2017/3564 Dated 23/05/2018 The Rajasthan Commissioner of State Tax, on 23.05.2018 , by an order empowered all Additional Commissioners of State Tax, Anti Evasion, Joint commissioner (Adm.), Anti Evasion and all the Joint Commissioner(Adm.), State Tax to extend the time limit… Read More »
GST on Frozen Sheep / Goat Carcass Supplied in unit container Case Name AHMEDNAGAR DISTRICT GOAT REARING & PROCESSING CO-OP FEDERATION AAR Ruling No GST-ARA-21/2017-18/B-27 Dated 21.04.18 Frozen Sheep / Goat Carcass Supplied in LDPE & HDPE Bags liable to GST: Maharashtra AAR May 24, 2018 2:36 pm The Maharashtra Authority for Advance Ruling ( AAR… Read More »
GST council has power to impose Sugar Cess Union law ministry on Thursday ( 24.05.2018) said the Goods and Services Tax (GST) council under Article 279 (A) of constitution has powers to recommend cess for any commodity under GST. The ministry submitted its view on sugar cess to GST GoM (group of ministers) headed by… Read More »
” Customs Audit Regulations 2018 “ Customs Audit Regulations 2018 notified by Notification No. 45/2018-Customs (N.T.) dated 24 May, 2018 Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes and Customs) Notification No. 45/2018-Customs (N.T.) New Delhi. the 24 May, 2018 G.S.R.484(E). – In exercise of the powers conferred by clause (k)… Read More »
Ministry of Finance Two Held for Fraud Under GST Act in Delhi Posted On: 24 MAY 2018 10:44AM by PIB Delhi Central Tax, GST Delhi East Commissionerate arrested a Shahdara based father son-duo on 22.05.2018 in case of fraudulent issuance of Input Tax Credit invoices involving evasion of approximately Rs. 28 Crores relating to Copper… Read More »
Income Tax on Royalty : Free Study Material Here is the free study material on Income Tax on Royalty Payments for marketing and distribution rights is taxable royalty : ITAT Payment for purchase of software without any copyright is not royalty, No TDS u/s 195 Payment for broadcasting rights of Olympic games isn’t royalty :Federal… Read More »
Payments for marketing and distribution rights held taxable royalty The Bangalore Bench of the Income-tax Appellate Tribunal held that payments for marketing and distribution rights of an “adwords” program were taxable as income. Under the adwords program’s distribution and service agreements, the taxpayer was licensed to use certain confidential information, technical know-how, trade mark, brand… Read More »