Aggregate Turnover in GST 1. Turnover, in common parlance, is the total volume of a business. The term ‘aggregate turnover’ has been defined in GST law as under: “Aggregate turnover” means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge… Read More »
Transfer of securities only in demat form- Deadline extended till April 1, 2019 Dec 03, 2018 PR No.: 49/2018 Transfer of securities only in demat form- Deadline extended till April 1, 2019 The Board, on March 28, 2018, decided that except in case of transmission or transposition of securities, requests for effecting transfer of securities shall… Read More »
GST Council may consider ‘One Time Amnesty Scheme’ for Non/ Nil Filers of GST Returns As per reports in media, the GST Council may consider ‘one time amnesty scheme’ for exit of non-filers/ nil-filers of GST Returns to facilitate about 25 lac registered/ migrated taxpayers who file their returns with ‘nil’ GST liability and about… Read More »
Structure of GSTIN [Also Refer GSTIN Number : Free Study Material ] 1. GSTIN stands for “Goods and Services Tax Identification Number” unique to a legal person (Individual, Partnership, LLP, AOP/BOI, Company etc.,). Each tax payer who is obligated or volunteered to register shall/may, as the case may be, apply for registration under GST Law as per… Read More »
MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) Publuc Notice No. 53/2015-2020 New Delhi, the 30th November, 2018 Subject : Insertion of a new provision under Para 2.103 and amendment in Para 2.104 – reg. F. No. 01/93/180/56/AM-13/PC-2(B)/E-2205.—In exercise of powers conferred under paragraph 2.04 of the Foreign Trade Policy,… Read More »