GST – RCM on Security Services

January 5, 2019

RCM on Security Services has been introduced in GST by the Government vide Notification No. 29/2018-Central Tax (Rate) dated 31.12.2018. W.e.f. today i.e. 01.01.2019, any registered person receiving Security services (services provided by way of supply of security personnel) from any person other than a body corporate is required to pay GST on reverse charge […]

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GST rates reduced in 31st Meeting of the GST Council held on 22nd December, 2018

December 22, 2018

GST Council in the 31 meeting held on 22 December, 2018 at New Delhi took following decisions relating to changes in GST rates on goods and services. The decisions of the GST Council have been presented in this note for easy understanding. The same would be given effect to through Gazette notifications/ circulars which shall […]

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Recommendations of 31 Meeting of the GST Council

December 22, 2018

The GST Council in its 31 meeting held at New Delhi made the following policy recommendations: There would be a single cash ledger for each tax head. The modalities for implementation would be finalised in consultation with GSTN and the Accounting authorities. A scheme of single authority for disbursement of the refund amount sanctioned by […]

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Extension of due date for filing FORM GSTR-9, FORM GSTR-9A and FORM GSTR-9C

December 9, 2018

FORM GSTR-9 and FORM GSTR-9A have been notified videnotification No. 39/2018-Central Tax, dated 04.09.2018 while FORM GSTR-9C has been notified vide notification no. 49/2018-Central Tax, dated 13.09.2018 as part of the CGST Rules. The competent authority has decided to extend the due date for filing FORM GSTR-9, FORM GSTR-9A and FORM GSTR-9C till 31st March, […]

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ICAI Elections 2018 – Know your polling booth details

December 4, 2018

Dear All, As you must be aware that ICAI elections are going to be held on 7th & 8th December 2018. Please click on below link to check your polling booth details. ICAI Elections 2018 – Know your polling booth It is highly recommended to participate and cast your vote. Regards Admin www.Taxinfo.in / www.Taxreforms.in […]

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Central Bank of India Invites Application for Empanelment as Concurrent Auditor

November 17, 2018

*Professional Opportunity* *Central Bank of India Invites Application for Empanelment as Concurrent Auditor* *Last Date: 26.11.2018* *Link for online Application:* https://www.centralbankofindia.co.in/concurrentAuditorApp/welcome.aspx

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Assistant Manager / Manager – Finance & Accounts

November 9, 2018

JD: CA with 4-5 years of experience in Finance and accounts Location : GURGAON (Delhi NCR) Company: Indian MNC CTC: 10-12 Lacs Contact : info@taxinfo.in

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MCA – Relaxation of additional fees and extension of last date of in filing of forms MGT-7 (Annual Return) and AOC-4 (Financial Statement) under the Companies Act, 2013

October 31, 2018

General Circular No. 1O/2018 F.No. 0U34l2013 CL-V Government of India Vlinistry of Corporate Affairs 5h Floor,’A’Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New DelhFl Dated: 29.10.2018 To All Regional Directors, All Registrar of Companies, All Stakeholders. Subject Relaxation of additional fees and extension of last date of in filing of forms MGT-7 (Annual Return) and […]

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AAAR Kerala – Recovery of food expenses from employees for the canteen provided by company comes under the definition of outward supplies is taxable under GST Act

October 24, 2018

Order No. CT/7726/2018-C3 Dated: 25.09.2018 GST Act, 2017 – Appellate Authority for Advance Ruling U/s 99 of the Kerala State Goods and Services Tax Act, 2017 M/s. Caltech Polymers Pvt. Ltd., Malappuram (hereinafter called the appellant), a registered person with GSTIN 32AAACC9223AIZE had preferred an application for Advance Ruling on whether recovery of food expenses […]

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Clarification on last date to avail input tax credit in respect of invoices or debit notes relating to such invoices pertaining to period from July, 2017 to March, 2018

October 19, 2018

There appears to be misgiving about the last date for taking input tax credit (ITC) in relation to invoices or debit notes relating to such invoices pertaining to period from July, 2017 to March, 2018. Such uncertainty seems to stem from the Government’s decision to extend the last date for furnishing of details of outward […]

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