Vehicle without e-way bills can be confiscated. Section 68 of the CGST Act, 2017 read with Section 129 of CGST Act, 2017 read with Rule 138B of CGST Rules, 2017 gives the right to the respective officer to intercept the vehicle and check the documents relating to goods being carried in the vehicle.
GST Classification of Ayurvedic Beauty and Make-up Preparations. The rate of tax of products covered under the head of Medicaments is 12%, the same product when seen with the eyes of cosmetics corresponds to 18% and even 28% in certain cases.
The Companies Fresh Start Scheme 2020 gives a chance to companies to file their pending forms without paying any additional late fees.
Few weeks ago, RBI capped the cash withdrawal on Yes Bank Deposits due to an alarming cash crunch in the bank. It did make us think - are our deposits safe?
Clarification issued by CBDT regarding the validity of TDS certificates for lower or nil TDS rates.Nil or Lower TDS/TCS certificate issued for a particular period in FY 2019-20 also valid till June 30, 2020.
There is no need to pay GST on remuneration paid to directors. If the director and the Company have entered into an agreement/Contract and the director is engaged in full-time employment of the Company. an advance ruling is not applicable to similarly placed other taxable persons in the State. It is only limited to the person who has applied for an advance ruling.
The article summarizes the GST notifications issued on 9th October 2019
Is GST payable under RCM on Director's Remuneration or not? The Director's remuneration in case of employee director does not fall under the purview of supply itself, and hence, RCM provisions are not applicable to it.
Here is how June 2020 CA Final Students can prepare for ISCA.
Bank audit is one of the most critical functions auditors perform every year. Bank Audit plays an important role in promoting confidence in the financial information provided by banks to various stakeholders. Here are the key changes in Bank Audit due to COVID-19 outbreak.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English