Presently the transporters transporting goods and engaged in logistics business suffer from a very complex and tax centric approach. GST will have impact on this industry – perhaps more than other service providers. 2. The industry at present keeps in mind the provisions of CST
Are Directors Personally Liable for Company’s Tax Dues? In Anita Grover v. CCE [2013] 22 GSTR 264 (Delhi), the petitioner, an erstwhile director of the company, owned three proper¬ties. After she had resigned from the post of director of the company on April 2, 199, she received three
Judicial stamp papers don’t have any expiry The Trial Court and the High Court have doubted the genuineness of the agreement dated 5.1.1980 because it was written on two stamp papers purchased on 25.8.1973 and 7.8.1978. The learned counsel for first respondent submitted that apart
GST and Infra Sector including Real Estate Since completed homes will not be impacted by GST as a buyer already pays stamp duty to the government on the transaction so selling an under-construction apartment and renting of properties are likely to come under the ambit
Impact of India’s GST model on retail trade While there is no structured study undertaken with the relevant data that is known to My Take; an attempt is made in this note to understand and appreciate the impact of India’s GST model on retail trade.
Job work provisions under GST Model Law.Detailed analysis as per draft GST Law. It is replaced by the CGST Act from 1st july 2017.
Reverse charge provisions under the GST-Reverse charge is going to be an important aspect for GST as now reverse charge will be not only on services but also be applicable on Goods. We have summarized all the provisions relating to reverse charge here in this
This is very important topic under GST. Please find attached the pdf for detail analysis on valuation in GST.
Companies (Incorporation) Fourth Amendment Rules- MCA has released the Companies (Incorporation) Fourth Amendment Rules, 2016. These rules provide for the consolidated form for registration of the company. It is called SPICe (Simplified Proforma for incorporating company electronically.) It will make the incorporation of a company easy
