www.carajput.com; CGST 14th amendment rule,2020 Key Highlights of Amendments introduced- CGST (14th Amendment) Rules 2020 The time limit for system-based GST Registration increased The time for system-based registration has been extended from 3 days to 7 days. That implies that, as given earlier from the date of filing of the application for registration, the department …
How to get Registration under Shops & Establishment Act, If you start a company, you must register your business under the Shop & Establishment Act through the Labor Department of the State Government. Those registrations are online right now. To do so, you need to go to the state-related website and fill in the General …
Merchant Banker Registration Merchant Banker is a person that helps a Company/entity to raise funds by way of Initial Public offerings (IPOs) / Further Public Offerings(FPOs) and in certain other ways The merchant Banker also advises on various matters relating to Initial Public offerings (IPOs) / Further Public Offerings (FPOs) and also act as …
What is the E-Invoice Mechanism under the GST? ‘Electronic Invoicing’ or ‘E-invoicing’ is a mechanism in which GSTN automatically authenticates B2B invoices for further use on the Common Goods & Service Tax portal. From this portal, all invoice details will be transmitted in real-time to both the Goods & Service Tax portal and the e-way bill …
November 2020 Month GST Collection Reaches Rs 1 Lakh Crore GST Collection: The total Goods & Service Tax revenue received in the month of November 2020 is Rs 1,04,963 crore, Out of which Central Goods & Service Tax is Rs 19,189 crore, and State Goods & Service Tax is Rs 25,540 crore, Integrated Goods and …
Guidance on the Income Tax Assessment in Remand Procedures The Tax Department examines the income tax return for its correctness and accuracy. The method of reviewing the return of payment by the Tax department is known as the assessment. The assessment also requires the reassessment and Best judgment assessment U/s 144 under the Income Tax Act …
TAX Deducted at Source (TDS) has been adopted with the purpose of collecting tax from the source of earning of assesse. According to this concept, an individual (deductor) who is liable to make payment of specified nature to some other person (deductee) shall deduct tax at source and remit the same tax to the …
Limitation Period under IBC 2016 & SARFAESI Act, 2002 Limitation Period under IBC 2016 This application filed by Corporate Debtors to restructure the debt or payment of the interest doesn’t amount to an acknowledgment of debt. (C. Shiv Kumar Reddy Vs. Dena Bank and Other, 2019) The minutes of the board meeting of the Corporate …
www.carajput.com; E-way bill Blocking the E-Way Bill creation system if the taxpayer fails to file GSTR-3B returns: The E-Way Bill (EWB) creation system of the taxpayer is entitled to be limited in the situation that the taxpayer fails to file FORM GSTR-3B returns/FORM GST CMP-08 for tax periods of 2 or more. the Taxpayers’ E-Way …
GSTN enable auto-populated in the E-invoice information into GST Return -1 GSTN made aware on 13 Nov 2020 that the details of the E-invoice would be auto-populated in GSTN-1. The document in its full is as follows: Some informed taxpayers must plan and file their invoices by receiving an Invoice Reference Number (IRN) from the …