Buying house calls for almost investing earnings of an entire generation. Such a hefty investment does not only of money but also of time spent to earn it. So, it requires a thorough consideration.
Certain important amendments have been made in connection with refunds, in the CGST Rules, 2017, which are explained in this article.
We know that tax is a compulsory contribution to state revenue, levied by government on worker's income and business profit, or added to the cost of some goods, services and transactions.
CBIC has issued notifications and circular under GST Laws to implement the relief measures announced by Hon'ble Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman on 24th of March 2020.
In the view of the outbreak of COVID-19 the Finance Minister on the 24th of March 2020 had given various relaxations to the taxpayers by extending various due dates, reducing the tax rates, waiving off the penalty, and the late fees.
Start-up means an entity, incorporated or registered in India not prior to ten years, with annual turnover not exceeding INR 100 crore in any preceding financial year, working towards innovation, development, deployment or commercialisation of new products processes or services driven by technology or intellectual property.
Refund Of ITC On Capital Goods: A Possible Perspective
Is the GST once paid can be claimed back. There are circumstances where GST paid to the government can be claimed back. There is set procedure which is totally online where a registered person can file and claim back the GST.
Corona crisis: Developments in insolvency and bankruptcy laws to save debt-laden companies
COVID-19: RBI announces further measures for dealing with the pandemic
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English