calculation vat service tax works contract

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ST return for April to June to be submitted by 15th August


TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART II SECTION 3 SUB SECTION i GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS Notification No 18 2017 Service Tax New Delhi the 22nd June 2017 1 Ashadha 1939 Saka G S R E In exercise of the powe

CBDT Notifies Rule 10CB for Secondary Adjustments under Section 92CE of IT Act


CBDT Notifies Rule 10CB for Secondary Adjustments under Section 92CE of IT Act 1961 Rule 10CB for operationalising the provisions of secondary adjustment has been notified by the Central Board of Direct Taxes on 15th June 2017 It prescribes the time limit for repatriation of excess money and the rat

Decisions taken by the GST Council in the 17th meeting


Decisions taken by the GST Council in the 17th meeting 18 June 2017 I Decisions with respect to GST rates for Services 1 It has been decided in respect of the service of transport of goods by a vessel that GST rate of 5 will be available with ITC in respect of input services and GST paid on ships ve

Reduced Liability of Tax on complex, building, flat etc under GST


The CBEC and States have received several complaints that in view of the works contract service tax rate under GST at 12 in respect of under construction flats complex etc the people who have booked flats and made part payment are being asked to make entire payment before 1st July 2017 or to face hi

Reduced tax liabilities under GST regime for 89 items


The new indirect tax regime in the country is to come into effect from 01 07 2017 wherein fixation of GST rates on the supplies is joint responsibility of the Central and State governments after the approval from the GST Council In a majority of supplies of goods the tax incidence approved by the GS

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Experts Opinions

Income tax reconciliation


how to make income tax reconciliation with 26 AS please provide excel format

Taxable invoice


Need tidbits on the below query experts 1 how the invoice format would be for an restaurant business having presence only in intra state 2 If they sell different supply like food and sweets then food at 12 and Sweets under their name means 5 correct if not what and how the taxability would be 3 if t

goods transport agency services


In gta service service providers eligible to take ccr of any other input services

Mat credit/normal tax


If Book Profit under Section 115JB is negative But taxable income is 8 lacs My queries is Mat Tax Credit is 185243 can adjusted against normal Tax I want to know that about CSR Exps Disallowance in Computation of total Income CSR Exps Treatment of MAT Calculation Please advise the same Thanks regard

Tds deducted from paymant but not paid service tax.


sir i am security service provider i have a client which is a education institute when i send my bill including service tax for my services they said they had never paid service tax for any services so they had deducted service tax amount from the total amount and with this they also deduct TDS 2 FR

Discussion

Calculation of COST OF ACQUISITION

Is STT Paid is included in COST OF ACQUISITION while calculating STCG IN case of transfer of shares of recognized stock exchange

Private University - GST

Private University providing education and awarding degree to students Do they need to charge GST on fees hostel fees and mess charges collected from students

input tax credit

Assessee is in Existing composition and have documentary evidence of goods no bill with excise duty then 40 60 case u s 140 3 applicable

Is already enrolled vat practitioner again registered in gst site

Is already enrolled vat practitioner again registered in gst site

Vat Account shown dr bal

q1 end vat a c dr bal 1 july Which a c to transfer like CGST SGST OR BOTH 50 50 Pls clear this point

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  • Rotation of Auditors

    Companies Audit and Auditors Second Amendment Rules 2017 The MCA has notified the Companies Audit and Auditors Second Amendment Rules 2017 In accordance with the amendment paid up share capital limit for rotation of auditors in case of private companies has been increased from rupees twenty crore to rupees fifty crore or more There are no changes in other criteria The amendment shall come into force from the date of its publication in the official gazette 22 June 2017
  • Classification of Services-GST

    Proposed classification scheme for services under GST
  • Securities Contracts Regulation Act 1956

    CA FINAL LAW SECURITIES CONTRACTS REGULATION ACT 1956
  • GST Invoice Rules

    GST RULES FOR TAX INVOICE CREDIT AND DEBIT NOTES
  • GST Input Tax Credit Rules

    1 Documentary requirements and conditions for claiming input tax credit 2 Reversal of input tax credit in case of non payment of consideration 3 Procedure for distribution of input tax credit by Input Service Distributor 4 Manner of determination of input tax credit in respect of capital goods and reversal thereof in certain cases 5 Conditions and restrictions in respect of inputs and capital goods sent to the job worker

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Articles

Casual and Non-resident Taxable Person under GST


GST Law provides for some safeguards and provisions to levy taxes on a person who doesnt have any permanent base for supplying goods or services or a foreigner who entered in taxable territory without any intention to stay in India for a long time with a fixed base to supply goods or services in Ind


All you wanted to know about Tax Exemption on HRA


Along with the rest of the country the salaried class waits for the annual budget to be announced each year They look up to the government to provide them with higher take home pay by way of increase in tax free income and lowering of tax slabs They also look for some relief through savings options


How GST will affect Indian tax system?


Introduction of GST to the Indian Tax System GST is considered to be the biggest change in Indian economy ever since the 1991 economic reforms which ushered in the globalization bringing in a whole lot of changes in all the business sectors of India Although the GST is concerned with indirect taxati


Few advantages of Goods and Services tax


Today everyone is talking about Goods and Services Tax GST It is the most compact simple yet confusing system of taxation to be rolled out in India from 1st Day of July 2017 and will demolish number of wide indirect taxes such as Value Added Tax VAT Service Tax and Excise Most of us are talking abou


Snapshot on exemption notification for private companies


EXEMPTION NOTIFICATION FOR PRIVATE COMPANIES INTRODUCTION Previously Ministry of Corporate Affairs by notification number G S R 464 E dated 5th June 2015 has given several exemptions to Private Companies MCA via notification number G S R 583 E dated 13th June 2017 has added few more exemptions by am


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Updated on : 6/25/2017 6:53:20 PM


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