Tag: Clarifications
The MCA has issued clarification relating to the financial year(s) in respect of which the exemption from reporting requirements u/s 143(3)(i) of the Companies Act, 2013 shall be applicable for …
Union Finance Minister Shri Arun Jaitley, in reply to a query in Rajya Sabha, has said that the organized traders and unorganized sellers in Textile Sector have not been …
CBEC has clarified that hotel room accommodation, including in 5-star hotels, having a declared daily room tariff of INR 7,500 or below, will attract GST @ 18% and that …
The CBEC has clarified the position regarding applicability of the Margin Scheme under GST for dealers in second hand goods in general and for dealers in old and used …
The CBEC has clarified certain issues relating to applicability of GST based on Reverse Charge Mechanism (RCM) in the case of legal services provided by Advocates. Further, CBEC has asserted that …
CBDT had notified revised ICDS (I to X) applicable from FY/ PY 2016-17 (AY 2017-18) excluding the cases of Individuals and HUF not subject to Tax audit. Also, Form …
Gifts, by an employer to his employee, having aggregate value of upto Rs 50,000/- per year, are outside the ambit of GST, i.e. exempt from GST. However, gifts above …
The Ind AS Transition Facilitation Group (ITFG) of ICAI has so far considered various issues received from members/ stakeholders and has issued Clarification Bulletins #1 to 10 thereon, from …
Govt. allows change in MRP (through stamping, stickers or online printing) on unsold stock as on 30 June 2017, i.e. prior to GST implementation w.e.f. 1 July 2017, for …
he CBEC has clarified that CGST rate of 5% will not be applicable on the supply of goods unless the brand name or trade name is actually registered with …