Daily Archives: June 6, 2018

Notification No 13/2018 C.T./GST : West Bengal intra state Eway bill if consignment value is more than Rs 1 Lakh

By | June 6, 2018

Notification No 13/2018 C.T./GST Summary of Notification No 13/2018 C.T./GST Extension of Threshold Limit for Generation of E-WayBill in case of Intra-State movement without passing through any other State from Rs. 50,000/- to Rs. 1,00,000/-. West Bengal exempted intra-state e-waybill for job work : Notification No 14/2018 C.T./GST Read Notification No 13/2018 C.T./GST GOVERNMENT OF WEST BENGAL… Read More »

Circular No 46/20/2018 GST : GST rate on PSLC , REC and Other scrips

By | June 6, 2018

Circular No 46/20/2018 GST Applicable GST rate on Priority Sector Lending Certificates (PSLCs), Renewable Energy Certificates (RECs) and other similar scrips clarified via Circular No.46/20/2018 GST Dated the 6 th June, 2018 Circular No 46/20/2018 GST F. No. 354/149/2017 –TRU Government of India Ministry of Finance Department of Revenue Tax Research Unit North Block, New Delhi… Read More »

President Approves Insolvency and Bankruptcy Code (Amendment) Ordinance 2018 : Press Release 06.06.2018

By | June 6, 2018

Ministry of Corporate Affairs President Approves Promulgation of the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018. Posted On: 06 JUN 2018 3:16PM by PIB Delhi The President today gave assent to promulgate the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018. The Ordinance provides significant relief to home buyers by recognizing their status as financial creditors.  This… Read More »

CGST Act 2017 of India – Chapter Wise and Section Wise

By | June 6, 2018

CGST Act 2017 CGST Act 2017  also known as CENTRAL GOODS AND SERVICES TAX ACT 2017 has been Assented by the President of India on 12-4-2017 . Chapter wise sections under CGST Act 2017 are furnished below. Chapter wise sections under CGST Act 2017   CHAPTER I PRELIMINARY Sections Section 1 . Short title, extent and… Read More »

Income Tax on Presumptive Basis u/s 44AD, 44ADA and 44AE [ FA2018]

By | June 6, 2018

TAX ON PRESUMPTIVE BASIS IN CASE OF CERTAIN ELIGIBLE BUSINESSES OR PROFESSIONS UNDER INCOME TAX [As amended by Finance Act, 2018] To give relief to small taxpayers from the tedious job of maintenance of books of account and from getting the accounts audited, the Income-tax Act has framed the presumptive taxation scheme under sections 44AD… Read More »

Exports by Post Regulations 2018 : Notification No 48/2018 Customs (N.T)

By | June 6, 2018

Notification No 48/2018 Customs (N.T) Summary of Notification No 48/2018 Customs (N.T) Notification No 48/2018 Customs (N.T) Dated 4th June 2018 prescribe Exports by Post Regulations 2018. Notification No 48/2018 Customs (N.T) GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No 48/2018 Customs (N.T) New Delhi, the 4th June 2018 G.S.R (E). – In exercise… Read More »