Daily Archives: June 16, 2017

Assam GST Act 2017 Notified – Download

By | June 16, 2017

Assam GST Act 2017 Assam GST Act 2017 received the assent of the Governor on 24th May, 2017 and Notified on 01st june 2017 GOVERNMENT OF ASSAM ORDERS BY THE GOVERNOR LEGISLATIVE DEPARTMENT : : : LEGISLATIVE BRANCH NOTIFICATION The 1st June, 2017 No. LGL.123/2017/11.– The following Act of the Assam Legislative Assembly which received the… Read More »

Subscrie digitally Atal Pension Yojana

By | June 16, 2017

Atal Pension Yojana (APY) can now be subscribed digitally; eNPS Channel (“APY@eNPS) involves complete digital enrolment process Pension Fund Regulatory and Development Authority (PFRDA) has now introduced “APY@eNPS” which involves a complete digital enrolment process. This is the latest in the series of various initiatives taken by PFRDA for expansion of outreach of Atal Pension… Read More »

Section 139AA Income Tax Act – Quoting of Aadhaar number.

By | June 16, 2017

Section 139AA Income Tax Act [ Section 139AA Income Tax Act Inserted by the Finance Act, 2017, w.e.f. 1-4-2017 ] 139AA. (1) Every person who is eligible to obtain Aadhaar number shall, on or after the 1st day of July, 2017, quote Aadhaar number— (i)           in the application form for allotment of permanent account number;… Read More »

Computation of interest income on secondary adjustments : CBDT Notification

By | June 16, 2017

Rule 10CB of Income Tax Rules relating to Computation of interest income pursuant to secondary adjustments.Notified by CBDT  – [ Notification No. 52/2017, F.No.370142/12/2017 -TPL ] MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 15th June, 2017 G.S.R. 590(E).— In exercise of the powers conferred by sub-section (2) to… Read More »

License fee will be covered under GST

By | June 16, 2017

Licence fees received by giving commercial space on leave and licence basis come under GST ? License fee will be covered under GST [ Reply  as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST Questions / Queries replied  Read other related GST Technical / GST Tech Questions  

No format for GST invoice Prescribed

By | June 16, 2017

Is there a format for GST invoice ? There is no format but all the relevant particulars to mentioned are in Rule 1 of invoice rules.  All Taxpayers are free to design there own Invoice Format. [ Read Tax Invoice under GST of India – Analysis ] [ Reply  as per Twitter Account of Govt of India for GST… Read More »

100% export oriented company has to register for GST

By | June 16, 2017

100% export oriented Medical Transcription company has to register for GST? Kindly clarify. Yes he has to register. [ Reply  as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST Questions / Queries replied  Read other related GST Technical / GST Tech Questions

Category: GST

Fast Track Insolvency Resolution Process for Corporate Persons Regulations notified by IBBI

By | June 16, 2017

Insolvency and Bankruptcy Board of India notifies Fast Track Insolvency Resolution Process for Corporate Persons Regulations The Insolvency and Bankruptcy Board of India (IBBI), in exercise of its powers conferred by sections 58, 196 and 208 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (Code), has notified the Insolvency and Bankruptcy Board… Read More »

Schedule GST Compensation to States Act 2017

By | June 16, 2017

Schedule GST Compensation to States Act 2017 [ Schedule of GST Compensation to States Act 2017 notified w.e.f 01.07.2017 vide Notification No. 1/2017 – Goods and Services Tax Compensation Dated 28th June, 2017 ] [ Goods And Services Tax (Compensation To States) Act, 2017 . This Act has been assented by the President of India on 12-4-2017. This is an… Read More »

Category: GST

Section 14 GST Compensation to States Act 2017

By | June 16, 2017

Section 14 GST Compensation to States Act 2017 [ Goods And Services Tax (Compensation To States) Act, 2017 . This Act has been assented by the President of India on 12-4-2017. This is an Act to provide for compensation to the States for the loss of revenue arising on account of implementation of the goods and services tax… Read More »

Category: GST

Section 13 GST Compensation to States Act 2017

By | June 16, 2017

Section 13 GST Compensation to States Act 2017 [ Goods And Services Tax (Compensation To States) Act, 2017 . This Act has been assented by the President of India on 12-4-2017. This is an Act to provide for compensation to the States for the loss of revenue arising on account of implementation of the goods and services tax… Read More »

Category: GST

Section 11 GST Compensation to States Act 2017 – Other provisions relating to cess

By | June 16, 2017

Section 11 GST Compensation to States Act 2017 [ Section 11 GST Compensation to States Act 2017 notified w.e.f 01.07.2017 vide Notification No. 1/2017 – Goods and Services Tax Compensation Dated 28th June, 2017 ] [ Goods And Services Tax (Compensation To States) Act, 2017 . This Act has been assented by the President of India on 12-4-2017. This is… Read More »

Category: GST

Section 10 GST Compensation to States Act 2017

By | June 16, 2017

Section 10 GST Compensation to States Act 2017 [ Section 10 GST Compensation to States Act 2017 notified w.e.f 01.07.2017 vide Notification No. 1/2017 – Goods and Services Tax Compensation Dated 28th June, 2017 ] [ Goods And Services Tax (Compensation To States) Act, 2017 . This Act has been assented by the President of India on 12-4-2017. This is… Read More »

Category: GST

Section 9 GST Compensation to States Act 2017

By | June 16, 2017

Section 9 GST Compensation to States Act 2017 [ Section 9 GST Compensation to States Act 2017 notified w.e.f 01.07.2017 vide Notification No. 1/2017 – Goods and Services Tax Compensation Dated 28th June, 2017 ] [ Goods And Services Tax (Compensation To States) Act, 2017 . This Act has been assented by the President of India on 12-4-2017. This is… Read More »

Category: GST

Section 8 GST Compensation to States Act 2017

By | June 16, 2017

Section 8 GST Compensation to States Act 2017 [ Section 8 GST Compensation to States Act 2017 notified w.e.f 01.07.2017 vide Notification No. 1/2017 – Goods and Services Tax Compensation Dated 28th June, 2017 ] [ Goods And Services Tax (Compensation To States) Act, 2017 . This Act has been assented by the President of India on 12-4-2017. This is… Read More »

Category: GST

Section 7 GST Compensation to States Act 2017

By | June 16, 2017

Section 7 GST Compensation to States Act 2017 [ Section 7 GST Compensation to States Act 2017 notified w.e.f 01.07.2017 vide Notification No. 1/2017 – Goods and Services Tax Compensation Dated 28th June, 2017 ] [ Goods And Services Tax (Compensation To States) Act, 2017 . This Act has been assented by the President of India on 12-4-2017. This is… Read More »

Category: GST

Section 6 GST Compensation to States Act 2017

By | June 16, 2017

Section 6 GST Compensation to States Act 2017 [ Section 6 GST Compensation to States Act 2017 notified w.e.f 01.07.2017 vide Notification No. 1/2017 – Goods and Services Tax Compensation Dated 28th June, 2017 ] [ Goods And Services Tax (Compensation To States) Act, 2017 . This Act has been assented by the President of India on 12-4-2017. This is… Read More »

Category: GST

Section 5 GST Compensation to States Act 2017

By | June 16, 2017

  Section 5 GST Compensation to States Act 2017 [ Section 5 GST Compensation to States Act 2017 notified w.e.f 01.07.2017 vide Notification No. 1/2017 – Goods and Services Tax Compensation Dated 28th June, 2017 ] [ Goods And Services Tax (Compensation To States) Act, 2017 . This Act has been assented by the President of India on 12-4-2017. This… Read More »

Category: GST

Section 4 GST Compensation to States Act 2017

By | June 16, 2017

Section 4 GST Compensation to States Act 2017 [ Section 4 GST Compensation to States Act 2017 notified w.e.f 01.07.2017 vide Notification No. 1/2017 – Goods and Services Tax Compensation Dated 28th June, 2017 ] [ Goods And Services Tax (Compensation To States) Act, 2017 . This Act has been assented by the President of India on 12-4-2017. This is… Read More »

Category: GST

Section 3 GST Compensation to States Act 2017

By | June 16, 2017

Section 3 GST Compensation to States Act 2017 [ Section 3 GST Compensation to States Act 2017 notified w.e.f 01.07.2017 vide Notification No. 1/2017 – Goods and Services Tax Compensation Dated 28th June, 2017 ] [ Goods And Services Tax (Compensation To States) Act, 2017 . This Act has been assented by the President of India on 12-4-2017. This is… Read More »

Category: GST

Section 2 GST Compensation to States Act 2017

By | June 16, 2017

Section 2 GST Compensation to States Act 2017 [ Section 2 GST Compensation to States Act 2017 notified w.e.f 01.07.2017 vide Notification No. 1/2017 – Goods and Services Tax Compensation Dated 28th June, 2017 ] [ Goods And Services Tax (Compensation To States) Act, 2017 . This Act has been assented by the President of India on 12-4-2017. This is… Read More »

Category: GST