Monthly Archive: June 2018

TDS & TCS Provisions under GST suspended till 30-09-2018

CBIC has issued a Press Release dated 29-06-2018 by which the provision of Section 51 & 52 related to TDS & TCS under Central Goods and Services Tax Act,...

Exemption from Reverse Charge Mechanism (RCM) u/s 9(4) extended till 30-09-2018

The Central Government has extended the exemption from Reverse Charge Mechanism provisions u/s 9 (4) till 30-09-2018, vide Notification No. 12/2018 – Central Tax (Rate) dated 29-06-2018. Copy of...

Is a Works Contractor required to be registered under GST, in each state where he is rendering his Services?

A detailed analysis of the registration requirement of Works Contractor is done below:-   1.  What is Works Contract?   Works contract has been defined under Section 2 (119) of...

01-07-2018 : RCM under GST on Purchases from Unregistered Persons

The government has not issued any notification till now to extend the applicability of the RCM provisions u/s 9(4) of the CGST Act, 2017. Representation has been made to...

LIST OF PROFESSIONS COVERED U/S 44AA OF INCOME TAX ACT, 1961

Following professions are covered u/s 44AA (1) of the Income Tax Act, 1961:- 1. Legal 2. Medical, 3. Engineering 4. Architecture 5. Accountancy 6. Technical consultancy 7. Interior decoration 8....

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