Monthly Archives: August 2018

Water Authority to bear GST if work contract issued before GST Act: KERALA HC

By | August 16, 2018

HIGH COURT OF KERALA Reena Engineers & Contractors (P.) Ltd. v. Kerala Water Authority DEVAN RAMACHANDRAN, J. W.P. (C) NOS. 13630 AND 13676 OF 2018 JUNE  7, 2018 Santhosh Mathew, Arun Thomas, Jennis Stephen, Alphin Antony, Vijay V. Paul, Smt. Karthika Maria and Smt. Maria Roy for the Petitioner. P. Benjamin Paul, SC for the Respondent. JUDGMENT 1. These two writ petitions are filed by the same petitioner,… Read More »

Revenue from Non-Exchange Transactions (Taxes and Transfers) : Exposure Draft of ASLB 23

By | August 16, 2018

Committee on Accounting Standards for Local Bodies Announcement The Committee on Accounting Standards for Local Bodies (CASLB) has been formulating Accounting Standards for Local Bodies (ASLBs) since March, 2005. So far, the Committee has issued fifteen ASLBs. Moving forward in this direction, the Committee has finalised the Exposure Draft of ASLB 23, ‘Revenue from Non-Exchange Transactions… Read More »

New GST News 15.08.2018

By | August 15, 2018

New GST News 15.08.2018 [ Join online GST Course by CA Satbir Singh ] New GST News New Books for GST , Income Tax & Law Practice (Till Aug 2018) Key Changes by CGST / IGST Amendment Bill 2018 Rules to issue single Tax Invoice in GST for all B2C supplies in a day Circular… Read More »

Category: GST

GST payable on activities between corporate office and units located in other states : KARNATAKA AAR

By | August 15, 2018

AUTHORITY FOR ADVANCE RULINGS, KARNATAKA Columbia Asia Hospitals (P.) Ltd., In re HARISH DHARNIA AND DR. RAVI PRASAD, MEMBER ADVANCE RULING NO. KAR/ADRG 15 OF 2018 JULY  27, 2018 Naveen Rajapurohit for the Applicant. RULING 1. M/s Columbia Asia Hospitals Private Limited, (called as the ‘Applicant’hereinafter), having its registered office at The Icon, 2nd Floor, No.8, 80 feet Road, HAL III… Read More »

Circular No 27/2018 Customs : Bank guarantee requirement for bond executed by EOUs : CBIC Clarification

By | August 15, 2018

Circular No 27/2018 Customs Clarification regarding bank guarantee requirement for bond executed by EOUs-reg. F.No. DGEP/EOU/GST/Misc/24/2017 Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs (Directorate General of Export Promotion) New Delhi, Dated: 14th August, 2018 To, All Pr. Chief Commissioners/ Chief Commissioners of Customs/ Customs (Prev.) All… Read More »

National Pension System : Complete Guide

By | August 15, 2018

National Pension System What is National Pension System? National Pension System (NPS) is a pension cum investment scheme launched by Government of India to provide old age security to Citizens of India. It brings an attractive long term saving avenue to effectively plan your retirement through safe and regulated market-based return. The Scheme is regulated… Read More »

GST to be paid by Taxi Aggregator not by taxi operators for providing mobile app and billing services to customer : KARNATAKA AAR

By | August 14, 2018

The applicant is liable to tax on the amounts billed by him on behalf of the taxi operators for the service provided in the nature of transportation of passengers through it, in accordance with the provisions of sub-section (5) of section 9 of the Central Goods and Services Tax Act 2017 read with Notification No.… Read More »

Time Extended for GST registration if not taken due to unavoidable circumstances : CALCUTTA HC

By | August 14, 2018

HIGH COURT OF CALCUTTA MGI Infra (P.) Ltd. v. Assistant Commissioner, State Goods & Service Tax DEBANGSU BASAK, J. W.P. NO. 10646 (W) OF 2018 JULY  9, 2018 Boudhyan Bhttacharrya, Anindya Bagchi, Abhratosh Mazumder, Ld. Addl. AG., Prithu Dudhoria, Debasish Ghosh,K.K. Maity and Bhaskar Prasad Banerjee for the appearing Parties. JUDGMENT 1. The petitioner seeks consideration of an application for extension of time… Read More »