Daily Archives: May 31, 2018

GST Helpline : Free Study Material

By | May 31, 2018

GST Helpline : Free Study Material Here is the free study material on GST Helpline [ Join GST online course by CA Satbir Singh)] Website for GST Helpline Government sets up an IT Grievance Redressal Mechanism for GST Portal How to lodge complaint on GST Portal (Self Help) GST Self Help Portal to report issues… Read More »

Approach nodal officers for outlining GST grievances : HC

By | May 31, 2018

HIGH COURT OF DELHI Sare Realty Projects (P.) Ltd. v. Union of India* S. RAVINDRA BHAT AND A.K. CHAWLA, JJ. W.P. (C) NOS. 1300, 2192, 2332, 2333, 2475 AND 2740 OF 2018 CM APPL. NOS. 9058, 9801 10262/11123 OF 2018 APRIL  9, 2018 ORDER   1. Counsel for the Revenue wishes to bring on record copies of Circular… Read More »

State Govt. has power to prescribe documents for goods till eway bill is applicable: HC

By | May 31, 2018

HIGH COURT OF ALLAHABAD U.P. Kar Adhivakta Sangthan (Regd.) v. State of U.P. PANKAJ MITHAL AND UMESH CHANDRA TRIPATHI, JJ. PIL NO. 38246 OF 2017 AUGUST  24, 2017 Naveen Chandra Gupta for the Petitioner. ORDER 1. Heard Sri Naveen Chandra Gupta, learned counsel for the petitioner, Sri Krishna Agarwal, learned counsel appearing on behalf of respondent no.1 and Sri… Read More »

New Form 49A :New PAN Application Form : Download

By | May 31, 2018

New Form 49A :New PAN Application Form : Download Download Form 49A New Form for PAN (Permanent Account Number) Application under Income Tax Act . Why Form No  49A is used Form 49A if Application for Allotment of Permanent Account Number [In the case of Indian Citizens/lndian Companies/Entities incorporated in India/ Unincorporated entities formed in… Read More »

ICAI Submited Draft ” GST Audit Report Formats ” to Finance Ministry

By | May 31, 2018

ICAI Submited Draft ” GST Audit Report Formats ” to Finance Ministry ICAI Indirect Tax Committee has recently drafted GST Audit cum Reconciliation Statement format, which has been submitted to the Government for its consideration on 29.05.2018 As per ICAI recommendation GST audit Report to be issued in GSTR 9C and Statement of particulars in… Read More »

SFT (Statment of Financial Transactions) : Free Study Material

By | May 31, 2018

SFT (Statment of Financial Transactions) : Free Study Material Here is the Free Study Material on SFT Reporting Portal FAQs : SFT: Statement of Financial Transaction How to submit SFT Preliminary Response to Income Tax Department Process for Statement of financial transaction -SFT u/s 285BA modified by CBDT Procedure for Acceptance of SFT Statements from Sub-Registrar… Read More »

Tamil Nadu Intra State Eway Bill from 02.06.2018 : NOTIFICATION No. 09/2018

By | May 31, 2018

Tamil Nadu Intra State Eway Bill from 02.06.2018 NOTIFICATION No. 09/2018 , Rc.46/2018 /Taxation/Al, Dated 31st May, 2018 In exercise of the powers conferred by clause (d) of sub-rule 14 of Rule 138 of the Tamil Nadu Goods and  Services Tax Rules, 2017, Commissioner of State Tax, Tamil Nadu, hereby notifies that no e-way bill… Read More »

31st May 2018 Last Date for submitting SFT for FY 2017-18

By | May 31, 2018

31st May 2018 Last Date for submitting SFT (Statment of Financial Transactions) for FY 2017-18 Check Income Tax Calendar 2018-19 for Month wise Due dates Study Material on SFT Reporting Portal FAQs : SFT: Statement of Financial Transaction How to submit SFT Preliminary Response to Income Tax Department Process for Statement of financial transaction -SFT u/s 285BA… Read More »

TDS Rates for AY 2019-20 (FY 2018-19) : As amended by Finance Act 2018

By | May 31, 2018

TDS Rates for AY 2019-20 (FY 2018-19) [ TDS Rates for AY 2019-20 (FY 2018-19) As amended by Finance Act, 2018  / Rates for tax deduction at source ] [For Assessment year 2019-20] Particulars TDS Rates (in %) 1. In the case of a person other than a company 1.1 where the person is resident in… Read More »

How to pay GST on transportation & allied services relating to goods supply : AAR Clarified

By | May 31, 2018

Whether tax is payable on transportation and allied services relating to supply of goods. WEST BENGAL AUTHORITY FOR ADVANCE RULING GOODS AND SERVICE TAX 14 Beliaghata Road, Kolkata – 700015 Name of the applicant IAC Electricals Pvt Ltd Address 701 Central Plaza, 2/6 Sarat Bose Road, Kolkata-20 GSTIN 19AAACI6040B1Z1 Case Number 08 of 2018 Date… Read More »

Activity of printing by photo lab is supply of goods or service under GST : AAR Clarified

By | May 31, 2018

Whether activity of printing by a photo lab is supply of goods or service and its classification Photo Products Company Pvt Ltd WEST BENGAL AUTHORITY FOR ADVANCE RULING GOODS AND SERVICE TAX 14 Beliaghata Road, Kolkata – 700015 Name of the applicant Photo Products Company Pvt Ltd Address 8/2 Sido Kanhu Dahar, Kolkata – 700069… Read More »

Fugitive Economic Offenders : Free Study Material

By | May 31, 2018

Fugitive Economic Offenders : Free Study Material Here is the free study Material on Fugitive Economic Offenders : Free Study Material on Fugitive Economic Offenders Fugitive Economic Offenders Ordinance 2018 Fugitive Economic Offenders Ordinance 2018 : Features Fugitive Economic Offenders (Application for Declaration of Fugitive Economic Offender) Rules, 2018 Fugitive Economic Offenders (Issuance of Attachment Order) Rules, 2018.… Read More »

How to do Valuation of supplies to branches in other states : AAR Clarified

By | May 31, 2018

Whether value of supplies to branches in other states is to be determined under Second Proviso to Rule 28. WEST BENGAL AUTHORITY FOR ADVANCE RULING GOODS AND SERVICE TAX 14 Beliaghata Road, Kolkata – 700015 Name of the applicant GKB Lens Pvt Ltd Address P-46, Kasba Industrial Estate, Phase II, Kolkata – 700107 GSTIN 19AACCG3446M1ZA… Read More »

GST DRC 03 available on GST Portal for making voluntary payments by a taxpayer.

By | May 31, 2018

GST DRC 03 Form GST DRC 3 now available on GST Portal for making voluntary payments by a taxpayer. GST DRC 3 is Intimation of payment made voluntarily or made against the show cause notice (SCN) or statement Refer Reduced penalty Payment Option on GST portal Video Tutorial by CA Satbir Singh (Voice in Hindi , Slides… Read More »