Daily Archives: October 24, 2016

Electronic Commerce under GST of India

Electronic Commerce under GST of India Electronic Commerce Operator The first and foremost thing that needs to be understood is, who the target of this tax net is. The purpose fulfills with the definition of ‘Electronic Commerce Operator’ as envisaged in the Model GST Law itself. The prescribed definition of E – Commerce Operator is… Read More »

How to Amend ,Cancel or Revoke GST Registration (India)

Amend ,Cancel or Revoke GST Registration Amend GST registration details Apply for cancellation of GST Registration Revoke GST registration if it is cancelled Amending GST Registration :- Any change in details furnished at the time of registration must be submitted within 15 days from the date of such changes in Form GST REG 11. Specific changes in Form… Read More »

Accounts and Records under GST

Accounts and Records under GST Who to maintain Accounts and Records under GST The every person who get himself registered under Model GST Law [ section 42 of Model GST Law] What to maintain in Accounts and Records under GST  True and Correct Account of I. Production or manufacture of Goods II. inward or outward… Read More »

Bank can’t go to civil court to settle property claim if covered by SARFAESI Act

Held It is possible that a suit is filed before an appropriate civil court regarding the title to an immovable property and such immovable property later becomes the subject-matter of a bank’s claim. At the time of institution of the civil suit, the bank may not have had any claim or the property may not… Read More »