Expert Knowledge, Straight from Practitioners.

Transitional ITC not to be included for refund of ITC

Transitional ITC not to be included for refund of ITC GST provided exporters with two simple options. First was to pay IGST on export and then claim refund of tax paid. The other option was to make exports under LUT and then claim the refund

Levy of Social Welfare surcharge: FA 2018

Levy of Social Welfare surcharge With the introduction of social welfare surcharge EC and SHEC levied on customs will come to an end.It is introduced by FA 2018. Many notification were issued in customs to incorporate its levy into the provisions. Related Topic: Levy and

E-way bills free e-book by ICAI

E-way bills free e-book Here we have simplified the ICAI book on E-way bills provisions.It have following main topics. E-Way Rules with Analysis (under CGST Rules, 2017) ICAI E way bill book Download here 1[138. Information to be furnished prior to commencement of movement of goods

Levy of road and infrastructure cess: FA 2018

Levy of road and infrastructure cess: Road and infrastructure cess is levied by FA 2018. S.No Heading, sub-heading tariff item Description From To 2710 Levy of Road and Infrastructure Cess on imported motor spirit commonly known as petrol and high speed diesel oil [clause

GST council recommendations for affordable housing

Recommendations made by the GST Council for the Housing Sector to promote Affordable Housing for the masses come into force Concessional Rate of GST of 12% extended to construction of houses constructed/ acquired under the Credit Linked Subsidy Scheme for EWS, LIG, MIG sections In

GST Compliance

Exemption from E-way bill in GST

Exemption from E-way bill in GST An E-way bill is not mandatory for the movement of all the goods. There are a few goods & Cases which are exempted from the e-way bill in GST. In the Following Cases E-way bill is not required: When

Feb 3, 2018

FAQ’s on E-way bill in GST

FAQ’s on E-way bill in GST by CA Venugopal Gella There are so many questions in the mind of people who have to move goods on daily basis. They may be transporters or manufacturers or small businessmen. They all have their doubts regarding the e-way

Feb 3, 2018

How to Update of vehicle in e-way bill through sms

Change/Update of the vehicle in e-way bill By Sms If the vehicle is entered/mentioned in the e-way bill and the vehicle could not be able to make it. Most of the time even the transporters are not accurate about the position and condition of the

📋Income Tax Consultancy

Finance Bill, 2018

Finance Bill, 2018 Finance minister Arun Jaitley has delivered the budget. So many people are waiting for the tax rate of direct tax. Most people are waiting for the tax slab rates. Lets find out it in finance bill, 2018 as below: budget-memorandum

E-way bill to applicable in following states on intra state movement also

Andhra Pradesh Arunachal Pradesh bihar Haryana Jharkhand Karnatka Kerala Podduchary Sikkim Tamil Nadu Telangana Uttarakhand Uttar Pradesh

Kinds of E-way bills

Kinds of E-way bill according to business नई दिल्ली। ई-वे बिल लागू होने में 1 दिन बचे हैं। पर अभी भी कारोबारियों को उसे लेकर कई सारे कन्फ्यूजन हैं। ई-वे बिल में कितने तरह के फॉर्म हैं और उन्हें कैसे यूज करना है। सरकार ने

📋Income Tax Consultancy

Conclusion on Finance Bill, 2018

Conclusion on Finance Bill, 2018 1. No change in Tax Rate. All persons including individuals, HUF, Firms and Companies to pay same tax . However Education cess is being increased from 3 to 4 % to be known as Education and Health cess. 2. However

R K Soni