On the date of implementation of GST there was a fear in the mind of every business man which is “fear of working capital blockage” as tax will be leviable on supply rather sales and supply includes stock transfer...
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In 39th GST Council meeting on 14th March 2020 at Delhi, Council has decided to increase the GST rate on mobile phones to 18%. Previously such mobiles phones were chargeable at 12% however their parts and accessories were liable...
Key takeaways from 39th GST Council held on 14 March 2020 at Delhi: GST Payments: Interest on Delayed payment of GST will be charge on Net Cash Liability Basis. For this council assure to change the law retrospectively. Returns:...
Due date of GST Audit report for Financial Year -2018-19 Under GST, GST Audit and Annual Return is one of the complex filing for taxpayer as well as professional. Since inception of GST, N number of amendments has been...
Amendments for NGO by Finance Bill 2020 Finance bill 2020 brings various different kind of amendment which was never expected by industry. The amendment relating to Non Profit Organisation (herein after called as NGO) is also falls in same...