Ppt on Taxability Of Motor Vehicles Under GST Part 1 – Inward Side ITC Of/In Respect Of Motor Vehicles SECTION 17(5) OF CGST ACT – Under section 17(5) of CGST Act, there are certain supplies on which input tax credit under GST is not available. supplies
Ppt on Implication of GST on E-Commerce and Hotel Industry Brief Introduction “Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world’s largest accommodation
Major Tax relief to Flipkart- Tribunal rules in favour of Flipkart in ₹110 crore tax case The Income Tax Appellate Tribunal (ITAT) has ruled in favour of Flipkart in a ₹110 crore tax demand case. It has rejected the tax department’s argument that discounts given
Independent Auditor’s Report To the Members of M/s. XYZ Private Limited Report on the standalone Financial Statements Opinion We have audited the accompanying Standalone financial statements of M/s. XYZ Private Limited(“the Company”) which comprises the Balance Sheet as at March 31, 2018, the Statement of
Income Tax Informants Rewards Scheme, 2018: Reward up to Rs. 5 crore F.No. 292/62/2012-IT (Inv.III)/26 Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) ************ A.R. A. Centre (Ground Floor), E-2; Jhandewalan Extension, New Delhi – 110055 Dated, 23.4.2018 To
Smart use of section 70 of Cgst Act Using Section 70 GST to tackle IT related problems on GST Network Padmavati (Petitioner before Bom HC in TRAN 1 matter), had tried to file TRAN 1 on 27.12.2017 but could not due to the system error.
Changes in ITR for AY 2018-19 Section 139 Changes Changes in Section 139(4c) Addition to the list of section 139(4c): Persons referred in Section 10(23AAA) The beneficiary of funds established for the welfare of employees/dependents. Eg. Superannuation 2. Investor protection fund – 10(23EC) or 10(23ED)
GST council may consider sugar cess: Sugar in our tea may get a little sour. GST council may consider levying sugar cess to ensure the minimum price to sugarcane farmers. Government is exploring the possibility of sugar cess. This issue may be taken up in
Finance ministry will report GST on cash basis In a move to improve its reporting of GST collection.The finance ministry has decided to move to cash basis for GST reporting. Due to the accrual basis of accounting the reporting of last year. Now on the
First GST anti-profiteering decision for Honda Cars: First anti-profiteering application raised for Rs. 10,550 by a car buyer is quashed by authority. The buyer alleged that the tax on the car was 51% earlier and now it is 29%. A demand of Rs. 10,550 was raised
