Monthly Archive: January 2017

FAQs ON GST (Series 4) – GST LIABILITY ON E-COMMERCE BUSINESSES

Q 1. What is e-commerce? Ans. Section 43B(d) of the MGL defines an Electronic Commerce to mean the supply or receipt of goods and/or services, or transmitting of funds...

CHANGE IN SERVICE TAX RATE ON TOUR OPERATORS w.e.f. 22-01-2017

The Central Government vide Notification No. 04/2017 has amended the Rate of Abatement under Service Tax on TOUR OPERATORS w.e.f. 22-01-2017 with details as below:- (1) Any booking solely...

FAQs ON GST (Series 3) – REGISTRATION UNDER GST IN INDIA

Q 1. What is advantage of taking registration in GST? Ans. Registration under Goods and Service Tax (GST) regime will confer following advantages to the business: • Legally recognized...

RISHABH PANT SEEN AS REPLACEMENT OF DHONI IN THE INDIAN T20 SQUAD

RISHABH PANT is the rising super star of the Indian Cricket. With 972 runs (avg 81, strike rate 107) in the Ranji Trophy this year, the Left Hand Keeper...

FAQs ON GST (Series 2) : Levy of and Exemption from GST

Q 1. Where is the power to levy GST derived from? Ans. Article 246A of the Constitution, which was introduced by the Constitution (101st Amendment) Act, 2016 confers concurrent...

FAQs ON GST (Series 1) – Overview of Goods and Services Tax (GST) in India

Q 1. What is Goods and Service Tax (GST)? Ans. It is a destination based tax on consumption of goods and services. It is proposed to be levied at...

EMPLOYEE STATE INSURANCE (E.S.I.) – INCREASE IN WAGE LIMIT FOR COVERAGE TO Rs. 21000/-

The Government of India through Ministry of Labour & Employment vide Notification No. F. No. S-38012/02/2013-SS-I dated 22-12-2016 has increased the wage limit for coverage of an employee under sub-clause (b)...

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The Views expressed on this blog are strictly personal and for knowledge of our clients only. The contents of this blog are solely for informational purpose and it does not constitute any professional advice or recommendation. The laws related to GST and other taxes are under evolution and subject to constant changes and amendments over time. It is suggested to take specific legal advice and necessary due diligence before relying on the contents and information of this Blog. The authors of this blog, does not accept any liabilities for any loss or damage of any kind arising out of information on this blog and for any actions taken in reliance thereon.