The applicant is providing consultancy services for construction projects. While providing such services some of the expenses are incurred by their employees on behalf of the applicant. It has sought an advance ruling to determine whether the expenses incurred by staff on behalf of applicant and then reimbursed periodically are liable to GST?
A search was conducted at the residential premises of the assessee’s Father-in-law. During the course of search proceedings, cash of Rs. 6.18 lakhs was found out of which Rs. 6 lakhs were seized and the balance was released.
CBIC has vide notification dated 15th October 2019 has imposed Provisional Anti-Dumping Duty on imports of Flat rolled product of steel, plated or coated with alloy of Aluminium and zinc originating in, or exported from China PR, Vietnam and Korea RP in order to remove injury to the domestic industry.
The Reserve Bank of India, after reviewing the bank’s liquidity position and its ability to pay its depositors has decided to further enhance the limit for withdrawal to
Rs. 40,000/-, inclusive of Rs. 25,000 allowed earlier.
Features of Making Payment on Voluntary Basis (Form GST DRC-03) on GST Portal
The GST Council has approved introduction of ‘E-invoicing’ or ‘electronic invoicing’ in a phased manner for reporting of business to business (B2B) invoices to GST System, starting from 1st January 2020 on voluntary basis.
Filing of annual return under section 44 (1) of CGST Act for F.Y. 2017-18 and 2018-19 optional for small taxpayers
Reserve bank of India on 4th October has reduced its policy repo rate by 25 basis points from 5.65 per cent to 5.40 per cent.
CBIC clarified that a registered person who has filed a NIL refund claim in FORM GST
RFD-01A/RFD-01 for a given period under a particular category, may again apply for refund for the
said period under the same category only if he satisfies the two conditions.
Reserve Bank Enhances withdrawal limit for depositors of Punjab and Maharashtra Cooperative Bank Ltd to Rs. 25,000:
