Whether the reimbursement of expenses and salary paid Head Office outside India to the liaison office established in India is liable to GST as supply of Service, especially when no consideration for any services is charged/paid ?. Held Head office and the liaison office are the same entity and the liaison office do not have… Read More »
Notification No 14/2018 C.T./GST Summary of Notification No 14/2018 C.T./GST Exemption from generation of e-waybill in case of intra-state movement of goods in West Bengal for job work. Video on Notification No 14/2018 C.T./GST Read Notification No 14/2018 C.T./GST GOVERNMENT OF WEST BENGAL DIRECTORATE OF COMMERCIAL TAXES 14, BELIAGHATA ROAD, KOLKATA-700015 NOTIFICATION BY THE COMMISSIONER OF STATE… Read More »
Examination for Confirmation of Enrollment of GST Practitioners Video Explanation by CA Satbir Singh on GST Practitioners Examination for Confirmation of Enrollment Ministry of Finance Posted On: 12 JUL 2018 5:10PM by PIB Delhi National Academy of Customs, Indirect Taxes and Narcotics (NACIN) has been authorized to conduct an examination for confirmation of enrollment of Goods… Read More »
Incorporation of Name of the Purchaser on the Face of the Demand Draft : Reserve Bank of india RBI/2018-19/14 DBR.AML.BC.No.210/14.01.001/2018-19 July 12, 2018 The Chairperson/CEOs of all Scheduled Commercial Banks including Regional Rural Banks/Urban Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks/Local Area Banks/Small Finance Banks/Payment Banks Dear Sir/Madam, Incorporation of Name of the Purchaser… Read More »
CBDT raises threshold limit for filing of appeal before ITAT, High Courts and Supreme Court CBDT Circular No 3/2018 Summary of CBDT Circular No 3/2018 With a motive to reduce the litigation on Income-tax matters the CBDT Circular No 3/2018 has sharply increased the threshold limit for filing of appeal before judicial authorities. The revised limit… Read More »
CBIC Web-help service for GST issues , Service Tax and Excise issue is now available Video Explanation by CA Satbir Singh Web-help service is now available on CBIC website for the taxpayers where they can get faster resolution of their query. This can be accessed on the website http://cbec-gst.gov.in through “SELF SERVICE” option or by… Read More »
Claim of Input Tax Credit if Service Provided to third person : Proposed Amendment in GST Act Invoice is raised by Mr B on Mr A ,for the Services provided to Mr C on the direction of Mr A . Can Mr A Claim Input Tax Credit ? As per Draft Proposal for Amendments GST… Read More »
GST Practitioner Powers to be increased : proposed GST Amendment Govt is going to Amend Section 48 of CGST act 2017. Presently, they are authorised to furnish the details of outward and inward supplies and various returns under sections 39, 44 or 45 on behalf of a registered person. It is proposed to allow the… Read More »
Consolidated credit/debit Notes will be allowed under GST : proposed GST Amendment Govt is going to Amend Section 34 of CGST act 2017. At present, a credit/debit note which is issued by the registered person is required to be issued invoice-wise. This causes avoidable compliance burden for tax payers. Thus, it is proposed to allow issuance… Read More »
Suspension of GST Registration before cancellation : proposed GST Amendment Govt is going to Amend Section 29 of CGST act 2017. It is proposed to provide that once a registered person has applied for cancellation of registration, the proper officer may temporarily suspend its registration till the procedural formalities for cancellation are completed. This measure… Read More »