Bank Audit from GST Angle: In this article we have discussed bank audit from GST angle.Bank auditing is the procedure of reviewing the services and procedures adopted by banks and other financial institutions. It is a routine procedure that all financial services entities must undergo in order to
Advance Authorization Schemes under GST The vision behind the Foreign Trade Policy continues to be focused on making India a significant participant in world trade and on enabling the country to assume a position of leadership in international trade. The Policy is issued once in
“आये थे तुम यूँ एक रोज मेहमान बनके , क्या थी खबर ,की हम सब ही हो जायेंगे आपके “ याद है हमें आज भी 1 जुलाई 2017 की वो पेहली सुबह ,जब दी थी दस्तक
Advisory for Taxpayers to file Refund for Multiple Tax period: Refund application filing for multiple tax period is available for below grounds of refund: a.Export of Goods & Services-Without payment of Tax b.Export of services with payment of tax c.Supplies made to SEZ Unit/SEZ Developer-Without
Free E-book for CGST amendment Act: This free e-book for CGST amendment Act is compiled by our team. It contains clause by clause discussion on amendments introduced by CGST amendment Act. It also comprises the changes and their impact. Also the date of applicability of
Recent GST Rulings by AAR and AAAR: Recent GST Rulings by AAR and AAAR1. Case : IN RE: M/S. KONDODY AUTOCRAFT (INDIA) PVT. LTD. 2019 (4) TMI 110 – AUTHORITY FOR ADVANCE RULINGS, KERALA Activity of Bus Body Building on job work basis – Where
Last opportunity to rectify the GST errors of FY 2017-18: It is Last opportunity to rectify the GST errors of FY 2017-18.That as per the provisions of the GST, any rectifications in the details already furnished in returns of July 2017 to March 2018 may
ANALYSIS OF THE NOTIFICATION ISSUED BY CBIC ON 29.03.2019: DEFINITION AS PER RERA: CARPET AREA- “carpet area” means the net usable floor area of an apartment, excluding the area covered by the external walls, areas under services shafts, exclusive balcony or verandah area and exclusive
TAXABILITY OF TDR ON OR AFTER 01.04.2019: TAXABILITY OF TDR ON OR AFTER 01.04.2019.Vide Notification No- 04/2019- Central Tax dated 29.03.2019 amendment has been made to Notification No- 12/2017 dated 28.06.2017 1. Services by way of Transfer of Development Rights 2. Transfer on or after
New Tax structure for real estate sector: 1. One time option – to pay tax at existing rates on ongoing projects 3 2. New Tax Rates 8 3. Conditions for New Tax Rates 13 4. Calculation of ITC attributable to construction in a project, time
