Valuation rules under GST could lead to transfer pricing disputes
https://economictimes.indiatimes.com/news/economy/policy/valuation-rules-under-gst-could-lead-to-transfer-pricing-disputes/articleshow/61177268.cms
https://economictimes.indiatimes.com/news/economy/policy/valuation-rules-under-gst-could-lead-to-transfer-pricing-disputes/articleshow/61177268.cms
The Economic Times
Valuation rules under GST could lead to transfer pricing disputes
Tax officers can question and demand tax in case they suspect that companies are escaping taxes, which will make matters worse for them.
https://goo.gl/WcH7u6
*CBEC has notified that inter-state/ domestic supply of taxable goods by a registered supplier to a registered recipient/ merchant exporter, for exports, shall attract a nominal GST rate of 0.1%, under CGST/ IGST/ UTGST, in line with recommendations of the 22nd GST Council Meeting held on 6 Oct. 2017, subject to fulfillment of certain conditions*
*CBEC has notified that inter-state/ domestic supply of taxable goods by a registered supplier to a registered recipient/ merchant exporter, for exports, shall attract a nominal GST rate of 0.1%, under CGST/ IGST/ UTGST, in line with recommendations of the 22nd GST Council Meeting held on 6 Oct. 2017, subject to fulfillment of certain conditions*
CA Club
0.1% GST Rate for Supply of Goods to Merchant Exporter notified by CBEC
CBEC has notified that inter-state/ domestic supply of taxable goods by a registered supplier to a registered recipient/ merchant exporter, for exports, shall attract a nominal GST rate of 0.1%, under CGST/ IGST/ UTGST, in line with recommendations of the…
https://www.google.co.in/amp/s/m.timesofindia.com/city/surat/sgctba-to-boycott-filing-of-gst-returns/amp_articleshow/61192775.cms
Surat: Commercial tax consultants across south Gujarat unanimously decided to boycott filing of GST returns to protest against the central government and GST council for not accepting their demand for simplification of the tax structure and return filing procedure.
Surat: Commercial tax consultants across south Gujarat unanimously decided to boycott filing of GST returns to protest against the central government and GST council for not accepting their demand for simplification of the tax structure and return filing procedure.
The Times of India
SGCTBA to boycott filing of GST returns - Times of India
Surat: Commercial tax consultants across south Gujarat unanimously decided to boycott filing of GST returns to protest against the central government and GST council for not accepting their demand for simplification of the tax structure and return filing…
Check out @taxguru_in’s Tweet: https://twitter.com/taxguru_in/status/922677084350304260?s=08
Only 18% GST refunds issued from 10th to 23rd October.
Apparently, consultants and taxpayers are supposed to work in Diwali, but not the department!
Only 18% GST refunds issued from 10th to 23rd October.
Apparently, consultants and taxpayers are supposed to work in Diwali, but not the department!
Twitter
Tax Guru
New post (CBEC refunded Rs. 132 Crore out of 753 Crore of IGST paid on July exports) has been published on TaxGuru - https://t.co/Z7hIFUMGZg
https://atul.caclub.in/fm-announces-waiver-of-late-fees-for-august-september-gstr-3b/
*FM Jaiteley announces WAIVER of LATE FEES for August & September GSTR 3B*
*FM Jaiteley announces WAIVER of LATE FEES for August & September GSTR 3B*
Tax Updates by CA Atul Modani
FM announces WAIVER of LATE FEES for August & September GSTR 3B
FM announces WAIVER of LATE FEES for August & September 3B
Facing a severe backlash from Tax payers and tax professionals on number of issues related to functionality of GSTN portal , too rigid IT infrastructure, consistent reduction in filing of easy monthly…
Facing a severe backlash from Tax payers and tax professionals on number of issues related to functionality of GSTN portal , too rigid IT infrastructure, consistent reduction in filing of easy monthly…
https://atul.caclub.in/waived-late-fees-will-be-credited-to-electronic-cash-ledger/
*Waived GSTR 3B Late Fees Will be Credited to Electronic Cash Ledger - Press Release by FinMin*
*Waived GSTR 3B Late Fees Will be Credited to Electronic Cash Ledger - Press Release by FinMin*
Tax Updates by CA Atul Modani
Waived GSTR 3B Late Fees Will be Credited to Electronic Cash Ledger
Waived GSTR 3B Late Fees Will be Credited to Electronic Cash Ledger
In view of the difficulties being faced during the return filing process and in order to further facilitate taxpayers, the competent authority has decided to waive the late fee on filing…
In view of the difficulties being faced during the return filing process and in order to further facilitate taxpayers, the competent authority has decided to waive the late fee on filing…
https://atul.caclub.in/all-about-gst-returns/upto-date-gst-revenue-figures/
UPTO Date GST Monthly Revenue Figures
UPTO Date GST Monthly Revenue Figures
Tax Updates by CA Atul Modani
UPTO DATE GST REVENUE FIGURES
UPTO DATE GST REVENUE FIGURES
Following is the compilation of Monthly GST Figures based on the Press Release issued by Ministry of Finance
Following is the compilation of Monthly GST Figures based on the Press Release issued by Ministry of Finance
http://www.financialexpress.com/world-news/in-crackdown-against-corruption-china-punished-over-1-3-mn-officials-over-5-years/905105/
*China has *punished a massive 1.3 million officials in the crackdown against corruption over the last 5 years.*
*China has *punished a massive 1.3 million officials in the crackdown against corruption over the last 5 years.*
The Financial Express
In crackdown against corruption, China punished over 1.3 mn officials over 5 years
It is nothing but a shocking news. What has been revealed today is the fact that China has punished a massive 1.3 million officials in the crackdown against corruption over the last 5 years.
https://caclub.in/all-about-icds-income-computation-and-disclosure-standards-notified-by-cbdt/
*All about ICDS* including ICAI Technical Guide
*All about ICDS* including ICAI Technical Guide
CA Club
All about ‘ICDS’ (Income Computation and Disclosure Standards) notified by CBDT
All about Income Computation and Disclosure Standards (ICDS) or Tax Accounting Standards (TAS) issued by the CBDT from time to time, along with relevant information, updates, notes, CBDT's Exposure Drafts and ICAI's Technical Guide on their applicability…
CAclub.in:
Option to cancel provisional registration of migrated taxpayers and to file ITC04 now available on the GST Portal
🌀💠
Option to cancel provisional registration of migrated taxpayers and to file ITC04 now available on the GST Portal
🌀💠
https://goo.gl/kZXQmj
*MCA has notified the Companies (Removal of Difficulties) Second Order, 2017, applicable w.e.f. 23 Oct. 2017*
*MCA has notified the Companies (Removal of Difficulties) Second Order, 2017, applicable w.e.f. 23 Oct. 2017*
CA Club
Companies (Removal of Difficulties) Second Order, 2017 notified by MCA
MCA has notified the Companies (Removal of Difficulties) Second Order, 2017, applicable w.e.f. 23 Oct. 2017, to sort out the difficulty of having no reference to an organisation to which the valuer may belong to.
https://goo.gl/wFQuX8
*CBEC has notified under the UTGST that all notifications issued under CGST on subjects referred to in Section 21 of the UTGST Act, 2017 shall automatically apply/ extend to the UTGST Act, 2017*
*CBEC has notified under the UTGST that all notifications issued under CGST on subjects referred to in Section 21 of the UTGST Act, 2017 shall automatically apply/ extend to the UTGST Act, 2017*
CA Club
CGST Notifications shall Apply for Subjects u/s 21 of UTGST: CBEC
CBEC has retrospectively notified, w.e.f. 22 June 2017, under the UTGST that all notifications issued under CGST on subjects referred to in Section 21 of the UTGST Act, 2017 shall automatically apply/ extend to the UTGST Act, 2017, i.e. no separate Notifications…