CAclubindia Articles

Revocation of Cancellation of Registration under GST- Challenges to overcome

Praveen Sharma 24 July 2020 at 16:42

CBIC through Removal of Difficulty Order No. 01/2020-Central Tax dated 25.06.2020 seeks to extend the time limit for filing an application for revocation of cancellation of registration for specified taxpayers. However, GSTN hasn’t started the process on the common portal.

TDS Under Section 194N- Cash withdrawal

CA Robin Garg 24 July 2020 at 16:41

TDS section 194N applies to Specific entities responsible for paying a sum or aggregate of sum, in cash exceeding Rs. 1 Crore to any person during a year.

FAQs on e-campaign compliance portal

Sanchit Aggarwal 24 July 2020 at 15:10

Under e-Campaign tab of Compliance Portal, information received from various sources related to the taxpayer shall be displayed for seeking feedback. The taxpayer is required to submit response on each information item to complete the process of submission of response.

Know your GST State Code

Ritika Agarwal 24 July 2020 at 13:16

GST State Code is a code in the GST system, each state is allotted with a two-digit numerical code which will help to identify the business entity.

Need ISO 9001 2015 Certification For Business

Sandeep Rawat 24 July 2020 at 13:07

The ISO 9001 is known to be one of the top standards for quality management systems and recognized globally for its efficiency with businesses.

Equalisation Levy- Impact of Finance Act 2020

CA Harshal Sevak 24 July 2020 at 09:27

Equalisation levy was initially brought to impose tax on online advertisement including provision of digital advertising space on certain entities which did not have any physical presence in India but which earned revenue from Indian advertisers.

Sovereign gold bond vis a vis physical gold

Gaurav Goel 24 July 2020 at 09:25

Having Physical Gold locked up in your SAFE or Locker earning no income..? Then this is a wakeup call for you..!

FAQs on GST returns related to COVID-19 relaxation

CA Rashmi B 23 July 2020 at 16:58

Due to the ongoing pandemic considering the difficulties for the taxpayers, various relaxations for the taxpayers were provided by the GST council.

AGM Ordinary & Special Resolutions - Drafts

CS Lalit Rajput 23 July 2020 at 10:44

Annual General Meeting (AGM) has been defined under Section 96 of the Companies Act, 2013. It can be considered as an annual gathering of Directors and Shareholders / members of the Company to discuss the future of the Company and also company's overall performance is analyzed.

What is E way bill under GST?

CA Santhosh Gupta Kethepalli 23 July 2020 at 09:51

E Way Bill is Mandatory in a case where the goods are being sent by a Principal located in one state to a Job worker located in any other state, the E Way Bill shall be generated by the principal irrespective of the value of the Consignment.