Daily Archives: November 2, 2018

GST on MSME Sector : Analysis

By | November 2, 2018

GST on MSME Sector 1. What is MSME? In accordance with the provision of Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME) are classified in two classes: (1) Manufacturing Enterprises: The enterprises engaged in the manufacture or production of goods pertaining to any industry specified in the… Read More »

Category: GST

How to apply for refund of wrongly paid GST of Intra-State Supply instead of Inter-State Supply and Vice Versa

By | November 2, 2018

Applying of Refund on Tax paid on an Intra-State Supply which is subsequently held to be Inter-State Supply and Vice Versa [ Also refer GST Refund : Free Study Material ] Watch Video Tutorial by CA Satbir Singh FAQs > 1. When refund application can be filed using reason as “Refund on tax paid on an Intra… Read More »

Partial Credit Enhancement to Bonds Issued by Non-Banking Financial Companies and Housing Finance Companies

By | November 2, 2018

RBI/2018-19/70 DBR.BP.BC.No.7/21.04.142/2018-19 November 2, 2018 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Partial Credit Enhancement to Bonds Issued by Non-Banking Financial Companies and Housing Finance Companies Please refer to circular DBR.BP.BC.No.40/21.04.142/2015-16 dated September 24, 2015 on Partial Credit Enhancement to Corporate Bonds and other associated circulars issued subsequently on the subject. 2. It has now been… Read More »

Meaning of Contract Value for GST TDS ? TDS on Telephone Bills by Govt Department

By | November 2, 2018

TDS under GST on Telephone Bills by Govt Department Video Tutorial by CA Satbir Singh on Contract Value under GST Our department is a central government department liable to deduct TDS under GST. We are having more than 100 landline telephone connection in our factory. we make payment of Rs.200000/-(including GST) as telephone bill every… Read More »

Next GST Practitioners Examination for Enrollment Confirmation on 07.12.2018

By | November 2, 2018

Ministry of Finance Examination for Confirmation of Enrollment of GST Practitioners to be conducted on 7th December, 2018 at designated Examination Centres across India Posted On: 01 NOV 2018 6:01PM by PIB Delhi The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) has been authorized to conduct an examination for confirmation of enrollment of… Read More »

Category: GST

How Input Tax Credit is to be blocked/unblocked from Electronic credit ledger

By | November 2, 2018

Input Tax Credit blocking from Electronic credit ledger Video tutorial by CA Satbir Singh From, Excise & Taxation Commissioner, Haryana To, All Dy. Excise & Taxation Commissioners, In the State of Haryana Memo No. 3555 /GST-2, Panchkula, dated the 30.10.2018 Subject: – Guidelines regarding circumstances in which Input Tax Credit has to be blocked/unblocked from Electronic… Read More »

New GST News 02.11.2018

By | November 2, 2018

New GST News 02.11.2018 [ Join online GST Course by CA Satbir Singh ] New GST News Free GST Online Course [ Videos ] by CA Satbir Singh Next GST Practitioners Examination for Enrollment Confirmation on 07.12.2018 Analysis of GST Annual Returns : GSTR 9A : by ICAI Indirect Tax Committee Analysis of GST Annual… Read More »

Category: GST