Daily Archives: June 27, 2018

New GST News 27.06.2018

By | June 27, 2018

New GST News 27.06.2018 [ Join online GST Course by CA Satbir Singh ] New GST News Employee contracts: Companies getting notices for GST payment TDS/TCS under GST and Reverse charge mechanism deferred by 3 months All Advance Ruling Judgments hosted on GST Council website GST Notice for transferring personal ledger accounts (PLAs) Balance to… Read More »

GST Notice for transferring personal ledger accounts (PLAs) Balance to GST as transitional credit

By | June 27, 2018

Transferring personal ledger accounts (PLAs) Balance to GST transitional credit The government has sent notices to companies for “wrongly” claiming transitional credit under GST, a move contested by these entities. Under the pre-GST regime, companies had personal ledger accounts (PLAs) to pay their excise duties. Under GST, they do not require PLAs. They have, instead, transferred their credits in PLAs to TRANS-1, a form… Read More »

Employee contracts: Companies getting notices for GST payment

By | June 27, 2018

Employee contracts: Companies getting notices for GST payment Video Tutorial by CA Satbir Singh (Voice in Hindi , Slides in English)  explaining GST on Termination of Employee Contracts Due to lack of clarity over the goods and services tax, information technology (IT) and information technology-enabled services (ITeS) companies have received notices for GST payment on employee contract… Read More »

Category: GST

Income Tax Dept. wins Permanent Establishment Battle against Master Card

By | June 27, 2018

I-T Wins Permanent Establishment Battle against Master Card Publish Date : 18 Jun 2018 Indian tax authorities have won a key legal battle against a multinational company in the electronic commerce space, and the case is similar to those pursued by European countries in their tax cases with Google and Facebook. In a case against MasterCard’s Singapore-based… Read More »

AAR Ruling a Income Tax Twist for Foreign Hotels

By | June 27, 2018

20-06-2018 AAR Ruling a Tax Twist for Foreign Hotels A significant judgement by the Authority of Advance Rulings (AAR) may have an impact on taxes to be paid by overseas hotel companies. AAR has held that Accor-owned FRHI Hotels & Resorts property Swissotel Kolkata will constitute a fixed place permanent establishment for FRHI and that… Read More »

All Advance Ruling Judgments hosted on GST Council website

By | June 27, 2018

Advance Ruling Judgments hosted on GST Council website The need was much felt for having a repository for orders of Authority for Advance Ruling (AAR) where they can be accessed by traders/general public. Now all orders are hosted on gstcouncil Website Under Section 97(2) of SGST Act, 2017, various categories for Advance Rulings are as under… Read More »