Daily Archives: January 17, 2018

E-way Bill system : Objectives : Benefits : Features : Modes

By | January 17, 2018

E-way Bill system-Objectives and benefits. Features of e-way bill portal and modes of generation of e-way Bill A nationwide E-way Bill System will be rolled out on trial basis from tomorrow i.e. 16th January, 2018. Avail the opportunity to get used to the system before it becomes compulsory. E-WAYBILL will come Into effect from 01.02.2018 for… Read More »

How to revive struck off Companies

By | January 17, 2018

PROCEDURE OF REVIVAL AND RESTORATION OF STRUCK OFF NAME OF COMPANY VIA NCLT ROUTE OVERVIEW: Over 1.62 lakh companies have not been carrying out business activities for long have been deregistered and a series of action against such shell companies have been taken, said the Minister of Finance, Mr. Arun Jaitely. Registrar of Companies (ROC),… Read More »

GST Registration : Place of Business if company stores goods in warehouse in India

By | January 17, 2018

A company incorporated outside India purchases goods of Rs 21 Lakh from a manufacturer in India and instructs that the goods be deposited with a warehouse-keeper in India. And then after some time, supplies the goods from the warehouse to a customer also within India. What should be the Place of business in GST Registration… Read More »

GST on Transfer of Assets to Employee

By | January 17, 2018

Is there any GST on Transfer of Laptop at concessional rate to employee for his personal use? The employer will have to pay taxes on the value of such assets irrespective of whether the credit is availed on such assets or not since this transaction will get covered under Sl No 2 of Schedule I… Read More »