Popular Articles

Detention, seizure and release of goods and conveyances in transit under GST

CA Monika Motta 24 July 2019 at 11:15

Introduction: E-way bill is not a new phenomenon. It was prevalent in most States under the erstwhile VAT regime in the name of road permit, waybill, etc. It wa..

GST Important Updates Offering Relief to Taxpayers

CS Tanveer Singh Saluja 30 August 2021 at 09:31

CBIC extends the timeline for filing of the application for revocation of cancellation of registration and late fee amnesty scheme while also amending Form GST ASMT-14 via CGST (Seventh Amendment) Rules, 2021.

Accounting of compensatory absences

Tikaram Chaudhary 13 July 2015 at 10:45

Accounting of Compensatory Absences (Leave Encashment Obligations) 1.This note is an attempt in the matter of accounting provisions to be made in financialreporting of enterprises for Compensatory Absences (Leave Encashment Obligations) in compliance

Cash refund of unutilized credit impermissible on closure of business

Bimal Jain 27 June 2019 at 11:21

The Larger Bench (LB) of Bombay HC rules in favour of Revenue, holds that cash refund u/s 11B of the Central Excise Act, 1944 (�the Excise Act�) is

A brief about GST

CA L Gopal Shah 03 February 2015 at 10:42

What is GST GST is a destination based tax levied on supply of goods and services Proposed Dual GST in India is to be levied concurrently by states and cent

Mandatory bomb again attacks indirect taxes in Budget 2015

Anandaday Misshra, Advocate 04 March 2015 at 17:03

Onset of Mandatory Era Indirect taxes have finally fallen and infact seems to be more obsessed with the word mandatory. In first and interim budget of Modi Government, first bomb of mandatory aspect fall on all who wanted to exhaust the remedy of ap

Input Tax Credit and Inter GST Credit

CA MOHIT SINGHAL 10 August 2015 at 10:39

Input tax credit is the amount of tax paid by the dealer on purchases for which the dealer isentitled to claim a credit. The input tax credit has to be claimed by a dealer against tax invoicewhich can be adjusted

Budget 2008 Some welcome proposals under Income Tax

Admin 01 March 2008 at 16:43

Budget 2008 Somewelcome proposals under Income Tax1. Last date for furnishing returns of income is proponed by onemonth: suitable amendments are made U/s 139(1) and 115WB of the Act for fillingof the Income Tax and fringe Benefit Returns of Inco

GST Invoice cum GST Return Generator Excel Utility V.1 (Mini ERP) (FREE)

Madhan 16 April 2021 at 10:37

The Utility "GST Invoice Excel Utility cum GST Return Generator V.1 (Mini ERP)" will reduce the time Consuming while GST Compliances filing. This Utility is Designed with Advanced VBA Coding method in Microsoft Excel.

Be calm and prepare well for Nov 18 Exams

CA Anurag Sharma 01 October 2018 at 11:27

As, the time of exams approaches, the pressure starts to mount on students. My fellow members who are taking these exams must be feeling the heat too.There will..