Daily Archives: November 9, 2018

Applicability of GST on Free Sample Supplies

By | November 9, 2018

Applicability of GST on Free Sample Supplies A taxable event under GST is supply of goods or services for which GST is leviable. Section 7 of GST Act deals with the term supply and the it states: “All forms of supply of goods or services or both such as sale, transfer, barter, exchange, license, rental,… Read More »

Category: GST

Procedure and mechanism for sale of enemy shares

By | November 9, 2018

Cabinet approves Laying down procedure and mechanism for sale of enemy shares The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the mechanism and procedure for sale of the enemy shares. Details are as follows:  ‘In principle’ approval has been accorded for sale of enemy shares under the Custody of Ministry of… Read More »