Frequently Asked Questions (FAQs) regarding taxation of long-term capital gains proposed in Finance Bill, 2018 Under the existing regime, long term capital gains arising from transfer of long term capital assets, being equity shares of a company or a unit of equity oriented fund or
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
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
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
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
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
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
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
E Way bill – How to issue and When to issue The eway bill provisions have been notified in whole country w.e.f. 01.02.2018. Right now these provisions are applicable on Inter-state transactions only. However a few states have applied these provisions on intra state transactions
Cancellation of e-way bill Through Sms If you have submitted wrong information or details in e-way bill you want to cancel it. Cancellation of e-way bill can be done trough sms too, you dont have to visit the portal. Following are the procedure for cancellation
