CBIC vide Notification No. 37/2020 – Central Tax Dated 28th April, 2020 has notified that Rule 87(13) of The CGST Rules, 2017 shall be applicable from 21st April 2020 Know every thing about functionality and FAQ Full text of the Notification: "In exercise of the…
HIGH COURT OF ALLAHABAD Jindal Pipes Limited. v. State of U.P. Full Facts: The Movement of Goods was for 980 Kilometers (Kms) however E-Way Bill stated 90 Kms. Goods seized after intercepted on 20th, August 2018. The petitioner deposited amount towards Tax and penalty…
The entrepreneurs at some point of time may have a requirement to convert to a private limited company due to various reasons. In this article, we will have a look as to how a LLP can be converted into a private limited company. Earlier there…
Relevant Legal Provisions Section 31(3)(f) of The CGST Act, 2017 | Requirement of Self-Generated Invoice “a registered person who is liable to pay tax under sub-section (3) or sub-section (4) of section 9 shall issue an invoice in respect of goods or services or both…
Case Study: Procedure to be followed for Activity of sending / taking the goods out of India for exhibition or on consignment basis (hereinafter referred to as said activity) for export promotion. Such goods sent / taken out of India crystallise into exports, wholly…
CBIC wide Circular No. 113/32/2019-GST Dated,11th October, 2019 has Clarified various Representations in respect of Classification and applicable GST rates on the following items: (i) Classification of leguminous vegetables such as grams when subjected to mild heat treatment Thus, it is clarified that such leguminous…
Taxability in GST and Service Tax Services proved by the Government to business entities including by way of grant of privileges, licences, mining rights, natural resources such as spectrum etc. against payment of consideration in the form of fee, royalty etc. are taxable under…
Frequently Asked Questions on Company Fresh Start Scheme, 2020 issued by the Ministry of Corporate Affairs, Government of India on 30th March, 2020 The Ministry of Corporate Affairs has issued a Circular 12/2020 dated 30th March, 2020, in order to facilitate the companies registered in India to make a fresh start on a clean slate, it has been decided to take certain alleviative measures for the…