GST Shastra : Mystery of applicability of GST on Transferable Development Rights (TDR) [ Join online GST Course by CA Satbir Singh ] · Introduction – What is TDR? When an owner of land transfers his rights of developing a land to a government, local authority or corporation, they use the same land for infrastructure… Read More »
Revision in the Package Scheme of Incentives, 2013 [Under the new GST Regime] [ Join online GST Course by CA Satbir Singh ] For dispersion of industries to the less developed industrial areas of the state, Government of Maharashtra has been st implementing Package Scheme of Incentives since 1964. With effect from 1 April 2013,… Read More »
GST on Security Deposits This Video Tutorial will explain the provisions of GST on Security Deposits [ Join online GST Course by CA Satbir Singh ] XYZ Ltd. receiving security deposit from customer against supply of gas cylinders.is there any GST implication on it for XYZ? Comment : i )If Deposit is refundable – no… Read More »
The E-Way Bill which has been issued initiatlly when the goods/vehicle started its journey from Himanchal Pradesh/Punjab by mentioning the vehicle number in the E-Way Bill but after reloading in another vehicle at Chandigarh since the official portal was not permitting to mention the details of two transport vehicles, the registration number of the second… Read More »
The petitioner being a corporate entity made an application for migration to the Goods and Service Tax under the signature of one of its Directors namely Shri Dheeraj Jain and in support of the documentation the PAN card was appended. The petitioner was allotted a registration number for the purpose of Goods and Services Tax.… Read More »
There is no illegality in seizing goods for violation of provision of the Act. However, in the interest of justice, we permit the release of the goods of the petitioner and the vehicle on furnishing security other than cash and bank guarantee of the amount specified in clause (a) or (b) of sub-section (1) to… Read More »
Determining when legislative changes apply retrospectively Case Law : Calcutta Export Company (Civil Appeal No 4339-4340 of 2018) The Supreme Court of India held that when the amount of withheld tax is remitted to the government after the end of the financial year but before the due date for filing the tax return, a legislative… Read More »
FUGITIVE ECONOMIC OFFENDERS (PROCEDURE FOR SENDING LETTER OF REQUEST TO THE CONTRACTING STATE FOR SERVICE OF NOTICE AND EXECUTION OF ORDER OF THE SPECIAL COURT) RULES, 2018 NOTIFICATION NO. GSR 501(E) [F.NO.6/3/2017-FSLRC], DATED 25-5-2018 In exercise of the powers conferred by sub-section (1) read with clause (e) of sub-section (2) of section 23 and sub-section (6)… Read More »
New GST News 25.05.2018 [ Join GST online course by CA Satbir Singh ] GST Fraud in Delhi of Rs 28 crore : 2 arrested e-Way Bill Roll out for intra-State in Maharashtra, Manipur & UT’s (without legislature) from 25.05.2018 GST council has power to impose Sugar Cess : says Union Law Ministry Rajasthan GST… Read More »
Revised administrative charges under EPF from 01.06.2018 Revised administrative charges under EPF from 01.06.2018 under Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 Summary of Revised administrative charges under EPF from 01.06.2018 PF Administrative Charges Reduced to 0.5% from 0.65%. Ministry of Labour and Employment decided to reduce PF administrative charges payable by employers. As per gazette notification issued on 21st May, 2017 new rate of… Read More »