6th Pre-Budget Consultation Meeting of FM with IT (Hardware &Software) Group

By | December 12, 2017

Share this on WhatsApp The Union Finance Minister Shri Arun Jaitley holds his 6th Pre-Budget Consultation Meeting with Stakeholders from IT (Hardware &Software) Group;Highlights the steps taken by the present Government to make India a global hub for electronics manufacturing;  IT Sector Heads seek help from Government against Protectionist Policies; also seek Tax incentives for… Read More »

USA IRS : Notice 2017-74: Section 5000A Guidance for Individuals with No Available Marketplace Bronze-Level Plan

By | December 11, 2017

Share this on WhatsAppIssue Number:    N-2017-74 Inside This Issue Notice 2017-74  provides that Individuals who are not eligible for coverage under an eligible employer-sponsored plan and who lack access to affordable coverage should not be denied the use of the affordability exemption under § 5000A(e)(1) of the Code and § 1.5000A-3(e) of the Regulations merely because… Read More »

USA IRS : Know the Taxpayer Bill of Rights – Part 1

By | December 11, 2017

Share this on WhatsAppIRS Tax Tip 2017-88SP Know the Taxpayer Bill of Rights – Part 1 This is the first council in a summary of two parts of the rights granted to all taxpayers. All taxpayers have rights. The Bill of Rights as a Taxpayer take these rights of the tax code and groups them into 10 categories. Taxpayers who interact… Read More »

USA IRS : Renting Your Vacation Home

By | December 11, 2017

Share this on WhatsApp Issue Number:    Renting Your Vacation Home Here is a video tax tip from the IRS: Renting Your Vacation Home   English | Spanish | ASL   Other IRS News   Share this on WhatsApp

Section 3 of Meghalaya GST Act 2017 : Officers under this Act

By | December 11, 2017

Share this on WhatsAppSection 3 of Meghalaya GST Act 2017 ( Section 3 of Meghalaya GST Act 2017 explains Officers under this Act  and is covered in Chapter II : ADMINISTRATION) Officers under this Act 3. The Government shall, by notification, specify the following classes of officers for the purposes of this Act, namely: — (a) Commissioner of State… Read More »

GST News 11.12.2017 by TaxHeal

By | December 11, 2017

Share this on WhatsAppGST News 11.12.2017 by TaxHeal Related Topic on GST  Topic Click Link GST Acts Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars  GST Judgments GST Judgments GST Press Release GST Press Release… Read More »

GST FAQ on 10.12.2017 by Govt Tweeter Account

By | December 11, 2017

Share this on WhatsAppGST FAQ on 10.12.2017 by Govt Tweeter Account Related Topic on GST  Topic Click Link GST Acts Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars  GST Judgments GST Judgments GST Press Release… Read More »

Section 2 of Meghalaya GST Act 2017 : Definitions

By | December 11, 2017

Share this on WhatsAppSection 2 of Meghalaya GST Act 2017 ( Section 2 of Meghalaya GST Act 2017 explains Definitions  and is covered in Chapter I : PRELIMINARY  ) Definitions 2. In this Act, unless the context otherwise requires,— (1) “actionable claim” shall have the same meaning as assigned to it in section 3 of the Transfer of Property Act,… Read More »

IBBI notify Regulations for handling of Grievances and Complaints under Insolvency and Bankruptcy code 2016

By | December 10, 2017

Share this on WhatsAppThe Insolvency and Bankruptcy Board of India (IBBI) notifies Regulations for handling of Grievances and Complaints.  The Insolvency and Bankruptcy Board of India (IBBI) has notified the IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 in the Gazette of India on 7th December, 2017. The Regulations enable a Stakeholder, namely, debtor, creditor, claimant, service… Read More »

Schedule III of Manipur GST Act 2017 : Activities for transactions which shall be treated neither as a supply of goods nor a supply of services

By | December 10, 2017

Share this on WhatsAppSchedule III of Manipur GST Act 2017 ( Schedule III of Manipur GST Act 2017 explains Activities for transactions which shall be treated neither as a supply of goods nor a supply of services  ) SCHEDULE III [See section 7] ACTIVITIES FOR TRANSACTIONS WHICH SHALL BE TREATED NEITHER AS A SUPPLY OF GOODS NOR A SUPPLY OF… Read More »

Schedule I of Manipur GST Act 2017 : Activities to be treated as supply even if made with out consideration

By | December 10, 2017

Share this on WhatsAppSchedule I of Manipur GST Act 2017 ( Schedule I of Manipur GST Act 2017 explains ACTIVITIES TO BE TREATED AS SUPPLY EVEN IF MADE WITH OUT CONSIDERATION  ) SCHEDULE I [See section 7] ACTIVITIES TO BE TREATED AS SUPPLY EVEN IF MADE WITH OUT CONSIDERATION 1. Permanent transfer or disposal of business assets… Read More »

Section 174 of Manipur GST Act 2017 : Repeal and saving

By | December 10, 2017

Share this on WhatsAppSection 174 of Manipur GST Act 2017 ( Section 174 of Manipur GST Act 2017 explains Repeal and saving and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Repeal and saving 174. (1) Save as otherwise provided in this Act, on and from the date of commencement of this Act, (i) the Manipur Value Added Tax… Read More »

Section 172 of Manipur GST Act 2017 : Removal of difficulties

By | December 10, 2017

Share this on WhatsAppSection 172 of Manipur GST Act 2017 ( Section 172 of Manipur GST Act 2017 explains Removal of difficulties and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Removal of difficulties 172. (1) If any difficulty arises in giving effect to any provisions of this Act, the Government may, on the recommendations of the Council, by… Read More »

Section 169 of Manipur GST Act 2017 : Service of notice in certain circumstances

By | December 10, 2017

Share this on WhatsAppSection 169 of Manipur GST Act 2017 ( Section 169 of Manipur GST Act 2017 explains Service of notice in certain circumstances and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Service of notice in certain circumstances 169. (1) Any decision, order, summons, notice or other communication under this Act or the rules made thereunder shall… Read More »

Section 168 of Manipur GST Act 2017 : Power to issue instructions or directions

By | December 10, 2017

Share this on WhatsAppSection 168 of Manipur GST Act 2017 ( Section 168 of Manipur GST Act 2017 explains Power to issue instructions or directions  and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Power to issue instructions or directions 168. The Commissioner may, if he considers it necessary or expedient so to do for the purpose of uniformity… Read More »

Section 167 of Manipur GST Act 2017 : Delegation of powers

By | December 10, 2017

Share this on WhatsAppSection 167 of Manipur GST Act 2017 ( Section 167 of Manipur GST Act 2017 explains Delegation of powers  and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Delegation of powers 167. The Commissioner may, by notification, direct that subject to such conditions, if any, as may be specified in the notification, any power exercisable by… Read More »

Section 166 of Manipur GST Act 2017 : Laying of rules, regulations and notifications

By | December 10, 2017

Share this on WhatsAppSection 166 of Manipur GST Act 2017 ( Section 166 of Manipur GST Act 2017 explains Laying of rules, regulations and notifications  and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Laying of rules, regulations and notifications 166. Every rule made by the Government, every regulation made by the Government and every notification issued by the… Read More »

Section 165 of Manipur GST Act 2017 : Power to make regulations

By | December 10, 2017

Share this on WhatsAppSection 165 of Manipur GST Act 2017 ( Section 165 of Manipur GST Act 2017 explains Power to make regulations  and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Power to make regulations 165. The Government may, by notification, make regulations consistent with this Act and the rules made thereunder to carry out the provisions of… Read More »

Section 163 of Manipur GST Act 2017 : Levy of fee

By | December 10, 2017

Share this on WhatsAppSection 163 of Manipur GST Act 2017 ( Section 163 of Manipur GST Act 2017 explains Levy of fee and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Levy of fee 163. Wherever a copy of any order or document is to be provided to any person on an application made by him for that purpose,… Read More »

Section 161 of Manipur GST Act 2017 : Rectification of errors apparent from record

By | December 10, 2017

Share this on WhatsAppSection 161 of Manipur GST Act 2017 ( Section 161 of Manipur GST Act 2017 explains Rectification of errors apparent from record and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Rectification of errors apparent from record 161. Without prejudice to the provisions of section 160, and notwithstanding anything contained in any other provisions of this… Read More »

Section 160 of Manipur GST Act 2017 : Assessment proceedings, etc. not to be invalid on certain grounds

By | December 10, 2017

Share this on WhatsAppSection 160 of Manipur GST Act 2017 ( Section 160 of Manipur GST Act 2017 explains Assessment proceedings, etc. not to be invalid on certain grounds and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Assessment proceedings, etc. not to be invalid on certain grounds 160. (1) No assessment, re-assessment, adjudication, review, revision, appeal, rectification, notice,… Read More »

Section 159 of Manipur GST Act 2017 : Publication of information respecting persons in certain cases

By | December 10, 2017

Share this on WhatsAppSection 159 of Manipur GST Act 2017 ( Section 159 of Manipur GST Act 2017 explains Publication of information respecting persons in certain cases and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Publication of information respecting persons in certain cases 159. (1) If the Commissioner, or any other officer authorised by him in this behalf,… Read More »

Section 158 of Manipur GST Act 2017 : Disclosure of information by a public servant

By | December 10, 2017

Share this on WhatsAppSection 158 of Manipur GST Act 2017 ( Section 158 of Manipur GST Act 2017 explains Disclosure of information by a public servant and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Disclosure of information by a public servant 158. (1) All particulars contained in any statement made, return furnished or accounts or documents produced in… Read More »

Section 157 of Manipur GST Act 2017 : Protection of action taken under this Act

By | December 10, 2017

Share this on WhatsAppSection 157 of Manipur GST Act 2017 ( Section 157 of Manipur GST Act 2017 explains Protection of action taken under this Act and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Protection of action taken under this Act 157. (1) No suit, prosecution or other legal proceedings shall lie against the President, State President, Members,… Read More »

Section 155 of Manipur GST Act 2017 : Burden of Proof

By | December 10, 2017

Share this on WhatsAppSection 155 of Manipur GST Act 2017 ( Section 155 of Manipur GST Act 2017 explains Burden of Proof and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Burden of Proof 155. Where any person claims that he is eligible for input tax credit under this Act, the burden of proving such claim shall lie on… Read More »

Section 152 of Manipur GST Act 2017 : Bar on disclosure of information required under section 151

By | December 10, 2017

Share this on WhatsAppSection 152 of Manipur GST Act 2017 ( Section 152 of Manipur GST Act 2017 explains Bar on disclosure of information required under section 151 and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Bar on disclosure of information required under section 151 152. (1) No information of any individual return or part thereof with respect… Read More »

Section 150 of Manipur GST Act 2017 : Obligation to furnish information return

By | December 10, 2017

Share this on WhatsAppSection 150 of Manipur GST Act 2017 ( Section 150 of Manipur GST Act 2017 explains Obligation to furnish information return and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Obligation to furnish information return 150. (1) Any person, being— (a) a taxable person; or (b) a local authority or other public body or association; or… Read More »

Section 149 of Manipur GST Act 2017 : Goods and services tax compliance rating

By | December 10, 2017

Share this on WhatsAppSection 149 of Manipur GST Act 2017 ( Section 149 of Manipur GST Act 2017 explains Goods and services tax compliance rating and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Goods and services tax compliance rating 149. (1) Every registered person may be assigned a goods and services tax compliance rating score by the Government… Read More »

Section 148 of Manipur GST Act 2017 : Special Procedure for certain processes

By | December 10, 2017

Share this on WhatsAppSection 148 of Manipur GST Act 2017 ( Section 148 of Manipur GST Act 2017 explains Special Procedure for certain processes and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Special Procedure for certain processes 148. The Government may, on the recommendations of the Council, and subject to such conditions and safeguards as may be prescribed,… Read More »

Section 147 of Manipur GST Act 2017 : Deemed Exports

By | December 10, 2017

Share this on WhatsAppSection 147 of Manipur GST Act 2017 ( Section 147 of Manipur GST Act 2017 explains Deemed Exports and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Deemed Exports 147. The Government may, on the recommendations of the Council, notify certain supplies of goods as “deemed exports”, where goods supplied do not leave India, and payment… Read More »

Section 146 of Manipur GST Act 2017 : Common Portal

By | December 10, 2017

Share this on WhatsAppSection 146 of Manipur GST Act 2017 ( Section 146 of Manipur GST Act 2017 explains Common Portal  and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Common Portal 146. The Government may, on the recommendations of the Council, notify the Common Goods and Services Tax Electronic Portal for facilitating registration, payment of tax, furnishing of… Read More »

Section 145 of Manipur GST Act 2017 : Admissibility of micro films, facsimile copies of documents and computer printouts as documents and as evidence

By | December 10, 2017

Share this on WhatsAppSection 145 of Manipur GST Act 2017 ( Section 145 of Manipur GST Act 2017 explains Admissibility of micro films, facsimile copies of documents and computer printouts as documents and as evidence  and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Admissibility of micro films, facsimile copies of documents and computer printouts as documents and… Read More »

Section 143 of Manipur GST Act 2017 : Job work procedure

By | December 10, 2017

Share this on WhatsAppSection 143 of Manipur GST Act 2017 ( Section 143 of Manipur GST Act 2017 explains Job work procedure and is covered in Chapter XXI : MISCELLANEOUS PROVISIONS ) Job work procedure 143. (1) A registered person (hereafter in this section referred to as the “principal”) may, under intimation and subject to such conditions as may be… Read More »