Monthly Archive: May 2017

RATE OF GST ON WORKS CONTRACT

The GST Council has announced following fitment rate on Works Contract Service under Goods & Services Tax (GST). The information is being uploaded immediately after the GST Council’s decision...

RATE OF GST ON HOTELS & RESTAURANTS

The GST Council has announced following fitment rate on Hotels and Restaurants under Goods and Services Tax (GST). The information is being uploaded immediately after the GST Council’s decision...

FILE YOUR STATEMENT OF FINANCIAL TRANSACTION (SFT) BEFORE MAY 31, 2017

The government has made the filling of Statement of Financial Transaction (S.F.T.) mandatory for persons liable for Audit under section 44AB of the Income Tax Act, 1961. The Last date...

LAST DATE OF Q4 VAT RETURN FOR F. Y. 2016-17 EXTENDED TO 25-05-2017

The Commercial Taxes Department of Rajasthan has extended the last date for filling the VAT Return for the last quarter (Q4) of F. Y. 2016-17 by 10 days from...

LAST OPPORTUNITY FOR GST ENROLMENT & MIGRATION

The government has announced a last opportunity for Enrolment and Migration of the existing Taxpayer under the old laws like VAT, Service Tax, Excise etc to GST starting from...

HOW TO APPLY FOR NEW GST REGISTRATION

We are noting below the Procedure (Para I), Requirements (Para II) and Applicability (Para III) for new Registration under the Goods and Services Tax (GST) Act. These provisions are...

HOW TO PREPARE YOUR BUSINESS FOR GOODS & SERVICE TAX (GST)

GST is one of the most radical Tax reform in the Indian Taxation System after independence, with a concept of ‘1 Nation and 1 Tax Policy’ for the first...

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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.