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Registration under GST by CA Rishi Goyal
GST is going to be a reality soon. This article on registration under GST is here to brief about the process of registration.This is written by renowned CA Rishi Goyal who is an expert on GST.
TDS Provision as Per Section 37 Under GST Model Law/GST Act 2016
1) Following Persons required to Deduct TDS @ 1% from the Payment made or Credited to the Supplier of Goods or Services- a) A department or establishment of the Central or State Government, b) Local authority, c) Governmental agencies, d) Such persons or category of
GST Training Manual compiled by NACEN
NACEN has compiled thos training manual for GST. It is very useful for experts working on GST. It covers all major topics with detail analysis and mention other relevant provisions at one place. Click below to download it
GST Council meeting: takeaways on dual control issues
Second day of GST council meeting was fruitful for faster roll out. Some decisions on major issues were taken. Council has agreed to keep the single interaction point for taxpayer. -All existing taxpayers registered under service tax will be assessed by the center whereas new
GST COUNCIL MEETING DAY 2 UPDATE: THRESHOLD LIMIT FIXED AT RS. 20 LAKHS
On second day of the GST Council meeting, Finance Minister Arun Jaitley while addressing media said following: – Exemption threshold for GST has been fixed at Rs. 20 lakhs, while threshold in North-East States has been set at Rs. 10 lakhs. – Players with annual
GST Relief: Threshold limit set at Rs. 20 Lakh
A relief for the taxpayers as GST council has finalized the threshold limit of Rs. 20 Lakh. As per GST model law liability to pay tax under GST will arise only if aggregate turnover of Supplier exceeds Rs. 10 lakh. For north eastern states including
SUMMARY: CENTRAL GOVT, STATES AGREE ON TIMETABLE FOR APRIL
ROLLOUT. Day 1 of GST Council meeting took place on Thursday. Keeping April 1, 2017 deadline in mind, Centre and State have agreed on a timetable to decide tax rate, complete legislative work and close difference of opinion on exemptions, threshold etc. Few key issues
GST ComplianceFrequently Asked Questions (FAQ) on GST – Official guide by NACEN
National Academy of Customs, Excise & Narcotics (NACEN), the apex training institute has been mandated to impart training and capacity building to Central & State Government employees. This FAQ has been prepared as part of the capacity building program to help officers, trade & public to
Important Points relating to Tax Invoice as Per Section 23 of the Model GST Law
1) At present, invoices or bills of sale etc. can be issued inclusive of tax in certain cases, whereas it is mandatory to indicate the tax charged in the GST regime. 2) Revised invoice shall be raised by the registered taxable person against the invoice
Registration provision-section 19 of GST Model Law
This presentation is made by CA Navneet Kumar Gupta . A renowned practicing CA analysing the provisions of registration under GST regime.
Time of supply in case of change in rate of tax under GST
Time of supply is POT in GST regime which has replaced the all other POT in different Laws. In case of service tax taxpayer face a problem in past when there is change in tax rate. In GST regime the Law has specifically provided for
CA Shafaly Girdharwal