Popular Articles

Download GST Registration Certificate

Ishita Ramani 20 July 2023 at 09:04

In this article, we will learn the process to download GST registration certificate but first, we will dive into: "What is GST?", What is GST Registration Certificate?"

IFRS in Insurance Industry

PS Prabhakar 30 August 2010 at 11:56

ICAI routinely releases Exposure Drafts on the proposed Accounting standards and of late have begun to release IFRS compliant ASs. Recently, the Exp Draft of AS 39 was released for comments. I wrote the following letter to ASB, which I thought I sho

Impact of Customs on Indirect Taxes

Madhukar N Hiregange 20 September 2013 at 12:23

Impact of Customs on Other Indirect Taxation The Customs Act has been put in place to ensure that the import and export of goods into and from India is regulated. Certain products cannot be imported or exported, while certain others require a licens

New Taxes Imposed by Indian Government - Krishi Kalyan Cess

Padam Chhabra 04 June 2016 at 11:02

Krishi Kalyan CessThis June, the cost of services is going up. Govt. of India on 30th of May 2016, announced a new tax on all the taxable services. The new tax is Krishi Kalyan Cess of 0.5 percent which will be applicable from 1st June. This will mak

Works Contractors - A cue from SC's decision

CA. C V SURYAM 17 October 2008 at 18:23

Service Tax - Works Contractors - A cue from Supreme Court’s verdict ? It has been a grappling issue under Service Tax since the levy of service tax on works contractors. The concept of sub-contracting is not most uncommon and prevalent in the

What is UPI and how is it different ?

Akshay 15 February 2017 at 11:28

Normally if we need to transfer money from bank account of a person to bank account of another person or between bank accounts of same person, in initial days p..

GST Exemption upto Rs.7500 to Residential Welfare Association

CA Roopa Nayak 08 September 2021 at 09:41

The recent judgment of the HC in Greenwood Owners Association vs. UOI has held that it is only contributions to RWA in excess of Rs.7,500/- that would be taxable under the GST Act.

Constitution of India - An Overview

Gowtham 23 September 2014 at 13:21

Indian judicial system came past a long path replete with experiences and tutoring before it ensconced with a proper constitutional framework in the year 1950. As it is widely known, the architecture of the constitution is made up of several adoption

Analysis of Education Guide 2012- Part II - "Service"

Madhukar N Hiregange 03 December 2012 at 11:26

Understanding the Educational Guide-2012 Part -II Service We examine in this article, the guide in detail and have provided our comments in italics. At this stage they represent only thoughts or questions which r

Service Tax versus VAT in case of Renting of Motor Vehicles/ Cabs

Ravi Kumar Somani 09 February 2016 at 09:48

SomaniCurrently, there is lot of confusion among the industry, trade and the taxmen on whether the activity of Renting of movable goods or supply of tangible goods attracts Servi