The scheme will be implemented by Customs through a simplified IT system while the rebate will be issued in the form of a transferable duty credit/electronic scrip which will be maintained by CBIC.
'Transmission of Securities' means transferring the ownership of securities to legal heirs or successor or nominee or surviving joint holder, by operation of law, in case of death of a security holder, insolvency, inheritance or lunacy of the member.
Fraud and non-fraud cases are different from one another, and hence the tax and penalty amount with its provisions are also different. Let' s find out what are the implications of both fraud and non-fraud cases in GST.
RoDTEP scheme is notified for the remission of duties, taxes and other levies at the Central, State and local level which are borne on the exported goods manufactured in India.
LLC has credibility and limited liability that one can generally sough in a corporation, flexibility and pass-through taxation that are the main characteristics of a partnership.
Schedule AL is a statement of disclosure of assets and liabilities which the taxpayer shall disclose in the Income Tax Return (ITR). This was introduced from AY 2016-17.
The New Income Tax Portal has now enabled the Registration as Legal Heir, which will ensure easy filing of Income Tax Return (ITR) of a deceased person.
The abrupt rise in fuel prices has led to a boom of questions and opinions about the current government, prior government and oil companies. Let us decode why the fuel prices are rising.
Public limited companies are listed on the stock exchange where it's share/stocks are traded publicly. Let us discuss the Annual Compliances applicable to a Public Ltd. Company in all 4 quarters.
Late fees is the first consequence you will face for non-filling of GSTR 3B. The late fees will increase everyday and will be automatically added to next month's GSTR 3B.