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Reconciliation of GST audit report with annual return
Reconciliation of GST audit report with annual return: Reconciliation of GST audit report with annual return is important to understand. A set of data will move from GST annual return to GST audit report. There it will be compared with the figures from financials. Every
CA Shafaly GirdharwalDate extended to file the Annual return and Audit report
Date extended to file the Annual return and Audit report The due date extended to file the Annual return and Audit report has been extended via a Press release on 7th December 2018. The due date extended to file the Annual return and Audit report from
Procedures and Returns under UAE VAT
Procedures and Returns under UAE VAT Article (71) of the Decree Law VAT Return, also known as ‘Tax return’ is a periodical statement which a registered person needs to submit to the authority. The details and data to be furnished in the VAT return for
Registration under UAE VAT
Registration under UAE VAT Registration under UAE VAT law means that a business is acknowledged by the government, as a supplier of Goods and Services and is authorized to collect VAT from customers and remit the same to the government. Only VAT registered businesses will be
Comprehensive Checklist for GST Audit
Comprehensive Checklist for GST Audit by CA Pragya Singh As the year is ending, the date for filing the GSTR-9 and GSTR-9C is getting closer. The GSTR-9 is for annual return and GSTR-9C is for the audit report. So, let us know more about what
Valuation of Supplies, Job Work and Transition under UAE VAT
Valuation of Supplies, Job Work and Transitional Provisions under UAE VAT Valuation of Supplies under UAE VAT Being a completely new form of indirect taxation there are many questions in the minds of the organizations. One of the most important questions is what is valuation
Input Credit and Tax Payments under UAE VAT
Input Credit and Tax Payments under UAE VAT VAT in UAE is a general consumption tax which will be levied on the majority of transactions of goods and services unless specifically exempted by the Law. Under this, VAT is charged at every stage of ‘Value
Date and Place of Supply under UAE VAT
Date and Place of Supply under UAE VAT The tax which has been levied and needs to be assessed, will require a specific date to be established for the transaction for taxpayer and tax administration to carry out the quantification. This article provides for the
Introduction of VAT in UAE
Introduction of VAT in UAE GCC i.e. Gulf Cooperation Council is a political and economic alliance of six middle eastern countries- Saudi Arabia, Kuwait, UAE, Qatar, Bahrain and Oman. The GCC was established in Saudi Arabia in May 1981. The objective of the GCC is
Complete Analysis of EPCG Scheme
Complete Analysis of EPCG Scheme This is a very Beneficial Export Promotion Scheme through which Capital Goods required for Export Production is allowed Duty-Free. Objective The objective of the EPCG Scheme is to facilitate import of capital goods for producing quality goods and services and
S N PanigrahiNotification No. 66/2018 – Central Tax
Notification No. 66/2018 – Central Tax Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 66/2018 – Central Tax New Delhi, the 29th November 2018 G.S.R. …..(E).—In exercise of the powers conferred by sub-section (6) of section
Notification No. 65/2018 – Central Tax
Notification No. 65/2018 – Central Tax Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 65/2018 – Central Tax New Delhi, the 29th November, 2018 G.S.R. …..(E).—In exercise of the powers conferred by sub-section (6) of