Daily Archives: August 10, 2018

Notification No 32 /2018 Central Tax : GSTR-1 Due date for July 2018 to March 2019 if Turnover more than 1.5 Crore

By | August 10, 2018

Notification No 32 /2018 Central Tax Summary of Notification No 32 /2018 Central Tax Notification No 32/2018  Central Tax Dated 10th August, 2018  Seeks to prescribe the due dates for furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover of more than Rs. 1.5 crores for the months from July, 2018 to March, 2019 Notification… Read More »

New GST News 10.08.2018

By | August 10, 2018

New GST News 10.08.2018 [ Join online GST Course by CA Satbir Singh ] New GST News New Books for GST , Income Tax & Law Practice (Till Aug 2018) CGST Amendment: Businessmen may have to reverse Cess credits Auditor Responsibility for GST Audit The Central Goods and Services Tax (Amendment) Bill 2018 : Download… Read More »

Category: GST

CGST Amendment: Businessmen may have to reverse Cess credits carried forward in GST

By | August 10, 2018

CGST Amendment: Businessmen may have to reverse Cess credits After the CGST Amendment Bill was passed in the Lok Sabha, Business which have claimed input credits for cesses like Krishi Kalyan Cess and Secondary & Higher Education cess (SHEC) are now required to reverse that credit As part of the proposed amendment an explanation under… Read More »

Circular No 25/2018 Customs : SOP for discharge of bonds executed by nominated agencies/ banks for import of gold, silver and platinum

By | August 10, 2018

Circular No 25/2018 Customs F.No. DGEP/G&J/22/2018 Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs (Directorate General of Export Promotion) ****** New Delhi, Dated: 8th August, 2018 To, All Pr. Chief Commissioners/ Chief Commissioners of Customs/ Customs & Central Tax/ Customs (Preventive) All Pr. Commissioners/ Commissioners of Customs/ Customs… Read More »

How to Save Income Tax on Capital Gains by Bond Investment : Section 54EC Income Tax

By | August 10, 2018

How to Save Income Tax on Capital Gains by Bond Investment Video Explanation by CA Satbir Singh on how to Save Income Tax on Capital Gains by Bond Investment Sale of Building by Mr Raj is as Follow Date of Sales 01.04.2018 and Sale Consideration received is  Rs 1.00 Crore Cost of Acquisition on 01.06.2008 (FY 2008-09)… Read More »