Author: CA Ritul Patwa

WHY PAN CARD IS REQUIRED

Section 139A of the Income Tax Act, 1961, prescribes the conditions when a person is required to apply for a PAN Card.   Section 139A is noted below for...

GST : RE-OPENING THE MIGRATION WINDOW

The GST Council in its 28th Meeting on 21-07-2018, has recommended to re-open the migration window for taxpayers, who have received provisional IDs but could not complete the migration...

GST Rate Slab on Hotel Rooms – On Actual Tariff (Transaction Value) instead of Declared Room Tariff

In a major relief to the Hotels and Hospitality Industry, GST Council in its 28th Meeting held on 21st July, 2018, has announced that the GST Rate Slab on...

AMENDMENTS IN COMPANY LAW COMPLIANCE BY MCA

The Ministry of Corporate Affairs has issued several notifications for better compliance, monitoring and ease of doing business. The gist of notification are noted below for ready reference below:- Gist of...

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....

DUE DATE FOR FILING GSTR 3B FOR APRIL, 2018 EXTENDED TO 22-05-2018

The government has extended the due date for filling of GSTR 3B for the month of April, 2018 from 20-05-2018 to 22-05-2018 due to emergency maintenance of the GST Portal...

DISCLAIMER

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.