New due dates of GSTR 1 from March to June 2020: In a recent notification, due dates for GSTR 1 are announced. Following is the chart for GSTR 1 due dates for March 2020 to June 2020. Sl. No. (1) Month/ Quarter (2) Dates (3)
Article on Royalty Part-II Be it contended that since the Goods in respect of which patents were used High Sea sales (Falling in Schedule III (Purchased from one country and sold to another country without being brought into India), therefore, Royalty paid on such goods
GST Implications on Deputation and Secondment of Employees Introduction It is a common practice (especially in group companies) that an employee employed with one company is deputed for work to another company. During such deputation or secondment, such employee works under the direction, supervision, and
Administrative Authority/Body Also To Record Reasons 1: The Supreme Court recognized a sort of demarcation between administrative orders and quasi-judicial orders but with the passage of time the distinction between the two got blurred and thinned out and virtually reached a vanishing point in the
What is the input tax credit in GST? GST input tax credit is the mechanism to avail of the benefit of tax paid on the purchase. In any value-added tax, every person in the chain pays tax on their value addition. Related Topic: Presentation of
Certificate Course on FEMA – A Complete Dissection: FEMA covers the transactions related to the foreign exchange. Many corporates are required to comply with FEMA provisions. Here the amount of penalty is quite high for defaults. In some of the cases, senior management and directors
The Section of IPC and Respective Punishment S.NO SECTION DESCRIPTION OF SECTION PUNISHMENT 1 107 Abetment same punishment which is there for the offense 2 120-A Criminal conspiracy Part-I: same as abetment of the offense Part-II: 6 months 3 121 Waging war against the government
Retrospective Withdrawal of Export Benefits –Permissible? The Delhi High Court in Indian Aluminium Co. Ltd. v. UOI, 1983 (12) ELT 349, held that it is not open to the Board of Central Excise and Customs in its administrative capacity to issue directives to various subordinate
Section 10(1)(a) IGST Act –Place of Supply In the present Article, I am raising a very interesting issue about the place of supply of goods as envisaged under Section 10(1)(a) of IGST Act. Practically, in all situation, wherever the movement of goods is terminating at
Delhi high court granted bail to Safora Zarger. Bail granted to Safora Zarger on humanitarian grounds. The Jamia millia student. 27-year-old Safora is 23 weeks pregnant. She is in Tihar Jail. The crowded place may be harmful to her amid Coronavirus also. She is granted
