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Applicability of Section 51 of CGST Act or TDS under GST
Applicability of Section 51 of CGST Act or TDS under GST On 13th September 2018, a notification is issued which is issued to apply the section 51 of the CGST Act. The Notification No. 50/2018-Central tax is the notification which applies the provisions of section 51.
Instructions for filing GST Audit Report
Instructions for filing GST Audit Report. On 13th September 2018, the format for filing the GST Audit report is issued. The Notification No. 49/2018 also provide the instructions for filing GST Audit Report in Form GSTR-9C. All the taxpayer who filed the GST return should
Notification No. 50/2018 – Central Tax
Notification No. 50/2018 – Central Tax Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 50/2018 – Central Tax New Delhi, the 13th September 2018 G.S.R. …..(E).— In exercise of the powers conferred by sub-section (3)
Format of GST Audit Report in Form GSTR-9C
The format of GST Audit Report in Form GSTR-9C On 13th September 2018, the government has issued the Notification No. 49/2018-Central Tax. In which, the Government has amended the CGST Rules. These amendments will be named as CGST Rules, 2017 (Tenth Amendment Rules, 2018). The major
MCA notifies issue and transfer of all shares in dematerialized form
MCA notifies issue and transfer of all shares in dematerialized form only by all unlisted Public companies The PIB has issued the press release on the Issue and transfer of all shares in dematerialized form. Only by all unlisted Public Companies. The Ministry of Corporate Affairs
MCA – In case of Two DIN
MCA – In case of Two DIN While surrendering a DIN, a message from MCA surface with the following instruction. A DIN is to be surrendered in case of two DIN. If the person has two DIN in his name, he has to surrender one of his
CA Amresh VashishtSep 12, 2018Section 17(5) – Blocked Credits
Section 17(5) – Blocked Credits Some amendments have been made in the Sections 17(5)(a) and 17(5)(b) of CGST Act, 2017. The section 17(5) is the section for the blocked credit under GST. Changes regarding the same have been mentioned and analyzed below: 1. Comparison –
CA Manshi JainSep 12, 2018All about Surrender of DIN: Practical aspects
All about Surrender of DIN: Practical aspects Recently MCA has prescribed eForm DIR-3 KYC which needs to be filed annually by every DIN holder and non-filing or delayed the filing of which results in Penalty of Rs. 5000. In view of this surrender of DIN become very important by
CA Sangam Kumar AggarwalSep 12, 2018GST late fee waiver scheme launched and GSTR1 filing date extended
GST late fee waiver scheme launched and GSTR1 filing date extended It has been observed that the number of taxpayers who have filed FORM GSTR-3B is substantially higher than the number of taxpayers who have furnished FORM GSTR-1. Non-furnishing of FORM GSTR-1 is liable to
CA Amresh VashishtSep 11, 2018Notification No. 45/2018 – Central Tax
Notification No. 45/2018 – Central Tax Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 45/2018 – Central Tax New Delhi, the 10th September 2018 G.S.R…..(E),– In exercise of the powers conferred by section 168 of
Exemption Notifications must be interpreted strictly
Exemption Notifications must be interpreted strictly: The Supreme Court Constitution Bench Judgment Gist: Hon’ble Supreme Court of India (“SC”)- Constitution Bench of Five Judges in the case of Commissioner of Customs (Import) Mumbai Vs. M/s Dilip Kumar and Company and Ors have held that
CA Shivashish KarnaniSep 10, 2018Notification No. 48 /2018 – Central Tax
Notification No. 48 /2018 – Central Tax Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Notification No. 48 /2018 – Central Tax New Delhi, the 10th September 2018 G.S.R……(E).- In exercise of the powers conferred by section