Examples of various situations requiring deduction of TDS under GST Conditions for & amount of deduction: Tax deduction is required if all the following conditions are satisfied a. Total value of taxable supply > Rs.2.5 Lakh under a single contract. This value shall exclude taxes & cess leviable under GST. b. If the contract is made for both taxable supply and exempted supply, deduction will be made if the total value of taxable supply in the contract > Rs....

Q 1. Whether any person aggrieved by any order or decision passed against him has the right to appeal? Ans. Yes. Any person aggrieved by any order or decision passed under the GST Act(s) has the right to appeal under Section 107. It must be an order or decision passed by an “adjudicating authority”. However, some decisions or orders (as provided for in Section 121) are not appealable. Q 2....

Q 1. What is the purpose of returns? Ans. a) Mode for transfer of information to tax administration;b) Compliance verification program of tax administration;c) Finalization of the tax liabilities of the taxpayer within stipulated period of limitation; to declare tax liability for a given period;d) Providing necessary inputs for taking policy decision;e) Management of audit and anti-evasion programs of tax administration. Q 2. Who needs to file Return in GST regime?...

Felix Mallard is one of the rising stars in the Hollywood industry who gained so much appreciation for his performance in the Australian television soap opera Neighbours. One of his most popular American comic series is “Happy Together, in which he played the role of Cooper and earned so much fame across the world. Felix has acted in more than 10 series and short films in his career. Apart from acting, he is also a good guitarist and singer....

Financial app development Contactless payments, remote finance management, AI and blockchain technologies for innovations and secure services. Nowadays, the financial domain is a mushrooming field where new habit-forming services are being implemented and new opportunities are being tested. The right time to offer customers new experience while dealing with money. In order to catch ideas you can jump into a portfolio by a financial app development company and explore the actual solutions designed recently....

Types of Forex Brokers Forex brokers are generally classified as floor traders or market makers. The forex broker offers the trading platform and a trading system. The platform provides information on currency pairs that are traded, such as the current value and time. The information is displayed in real-time, meaning when something happens within the system – the platform shows you the information. This allows the trader to take decisions based on the information available, and not on rumors, market rumors, or other “spoof” information that may affect trading....

Muniz has been honored with plenty of accolades and awards for his work in the show. Frankie Muniz is active in the acting industry since 1997. From 2007 to 2009, he worked as a race car driver, where he achieved critical success. In 2005 he managed to win Toyota pro/celebrity race, which made him very successful. Now, coming to his acting career, he has also worked in numerous other movies, which includes Deuces Wild, Big Fat Liar, Agent Cody Banks, and many more....

It was a significant achievement for this actor to get this big award in his career. In 1992, he played the role of Bill Daggett in the movie Unforgiven, for which he got the Best Supporting Actor, and there are various awards he has won in his career as an actor. He has worked in movies such as The Conversation, French Connection II, A Bridge Too Far, and Superman. Hackman has made his name in the industry as an excellent actor and won people’s hearts through his performance....

He has won almost every award in the field of basketball. He has been a member of the all-star team many many times. He has been declared player of the year. He has been nominated Best improved player six different times. Last but not least he is not only a retired NBA player but he is currently part the owner of one NBA team. This team is the Atlanta Hawks....

GST A Boon or Bane For Manufacturing & Services Sector of India FMCG: Companies could generate substantial savings in logistics and distribution costs as the need for multiple sales depots will be eliminated. GST will be positive for household and personal care space as the effective tax rate reduces by 200-500 basis points. Warehouse rationalization and reduction of overall tax rates, is expected to generate savings which could cumulatively range between 200-300 bps....

GST Benefits in India Benefits of GST (a) Simpler tax regime with fewer exemptions.(b) Reductions in the multiplicity of taxes that are at present governing our indirect tax system leading to simplification and uniformity.(c) Reduction in compliance costs – No multiple record keeping for a variety of taxes – so lesser investment of resources and manpower in maintaining records.(d) Simplified and automated procedures for various processes such as registration, returns, refunds, tax payments, etc....

GST on Govt Departments, Local Bodies, with TDS, RCM Applicability Question 1: Are all services provided by the Government or local authority exempted from payment of tax ? Answer: No, all services provided by the Government or a local authority are not exempt from tax. As for instance, services, namely, (i) services by the Department of Posts by way of speed post, express parcel post, life insurance, and agency services provided to a person other than Government;(ii) services in relation to an aircraft or a vessel, inside or outside the precincts of an airport or a port;(iii) transport of goods or passengers; or(iv) any service, other than services covered under (i) to (iii) above, provided to business entities are not exempt and that these services are liable to tax....

The historic Goods and Services Tax (GST) regime would have already been rolled out, with effect from 1st July 2017. Our Prime Minister said recently on the GST preparedness that it is indeed a turning point in the country’s economy and unprecedented moment in the country’s history. The implementation of this biggest tax reform since independence in the spirit of One Nation, One Market, One Tax will benefit our national economy....

The historic Goods and Services Tax (GST) regime would have already been rolled out, with effect from 1st July 2017. Our Prime Minister said recently on the GST preparedness that it is indeed a turning point in the country’s economy and unprecedented moment in the country’s history. The implementation of this biggest tax reform since independence in the spirit of One Nation, One Market, One Tax will benefit our national economy....

The provisions pertaining to refund contained in the GST law aim to streamline and standardise the refund procedures under GST regime. Thus, under the GST regime, there will be a standardised form for making any claim for refunds. The claim and sanctioning procedure will be completely online and time bound, which is a marked departure from the existing time consuming and cumbersome procedure. GST Refunds Situations Leading to Refund Claims The relevant date provision embodied in Section 54 of the CGST Act, 2017, provision contained in Section 77 of the CGST Act, 2017 and the requirement of submission of relevant documents as listed in Rule 1(2) of Refund Rules is an indicator of the various situations that may necessitate a refund claim....

GSTN पोर्टल पर 24 जुलाई से कर सकेंगे इनवॉइस अपलोड रोज अपलोड कर सकेंगे इनवॉइस जीएसटी नेटवर्क के चेयरमैन नवीन कुमार ने बताया कि हम 24 जुलाई से पोर्टल पर इनवॉइस अपलोड करने की सुविधा शुरू करने की योजना बना रहे हैं। ताकि बिजनेस अपने स्‍तर पर हर रोज या हफ्ते में कभी भी इनवॉइस अपलोड कर सकते हैं। इससे वह महीने के अंत में इनवॉइस अपलोड करने के झंझट से बच जाएंगे।...

GUJCET Exam Date 2022 Candidates seeking to apply for exam can check here all the events related to the exam. Candidates can check the official dates in the below table: GUJCET Application Form 2022 The application form has been announced via online mode from 1st week of May 2022 to 2nd week of June 2022.Click here to apply for the examCandidates are strongly advised to apply online well in time without waiting for the last date for submission of online application....

He has represented the 57th Assembly District. He has also been selected for the position of Chair of the House Democratic Caucus in 2019. He is a member of the group called the Democratic Party. He has graduated from well-reputed universities in the United States. He has worked as the clerk for Judge Harold Baer Jr. of the United States District Court for the Southern District of New York after completing his law education....

Heidi Montag Net Worth Heidi Montag Car Collection Heidi Montag has recently bought a BMW X6 for $70,000 USD. Heidi Montag also owns a Ferrari F8 that cost her $290,000 USD. A Few other cars owned by Heidi Montag are listed below. McLaren GTPorsche Macan Exclusive Facts about Heidi Montag Heidi Montag House Heidi Montag lives in her 6,100 square-foot luxury house located in California. Heidi Montag has bought this property for a price of $2 Million dollars....

Hence, if you want to grow as a professional, building your digital skills may be an excellent idea. Here are some ways these skills can help you find opportunities in the long run: Work In Various Industries Some companies across various industries utilize different technological tools for their operations. Software applications and digital platforms help businesses operate more efficiently. Thus, it’s not surprising that they would prefer to work with people who have a diverse digital skillset....