The company reached its top in early 2015 when it claimed to have taken a further step ahead as far as blood testing is concerned. It revolutionized blood testing by using methods that only required very small volumes of blood. Though after Holmes was charged with wire fraud and conspiracy to commit wire fraud, the company became a lost story. Holmes has been guilty of defrauding investors, and she could face a possible 20 years of imprisonment....

She was interested in fashion from a very young age which pushed her to achieve great heights at present. Her business tie-up with the Kardashians has put the limelight on her, and she is even one of the Shark Tank guests. Let’s know further about his net worth, income, career, and personal life from this article. Emma Grede Net Worth Emma Grede has accumulated a net worth between $350 million and $$360 million....

But the decision of the Kerala Advance Ruling Authority in its order No. CT/531118-C3 DATED 26/03/2018is quite contrary to the above concept which wrongly assumes that the employee is getting benefited out of subsidized lunch instead of the employer. Let us analyze this ruling: Employee Employer Transactions under GST M/s. Caltech Polymers Pvt. Ltd., Malappuram has preferred an application for Advance Ruling on whether recovery of food expenses from employees for the canteen service provided by the company comes under the definition of outward supplies and are taxable under Goods & Service Tax....

Exemption for Charitable Organisations – Interplay of Income Tax and GST Income-tax Act and GST law both provide for exemption in respect of charitable organisations. In Income-tax Act, this exemption is enshrined in Section 11 to Section 13 of the act. In GST, exemption is provided for by twin notifications no. 12/2017 – Central Tax (Rate) and 9/2017-Integrated Tax (Rate), both dated 28-06-2017 (hereinafter referred to as “GST exemption notification’’). Income-tax Act provides for complete exemption to the income of a charitable organization subject to fulfilment of certain conditions....

Application for Amendment of GST Registration – Core Fields 1 What is an Amendment Application OR What is an Application for Amendment of Registration? A taxpayer registered under GST by filing either of the below registration applications: a) Application for New Registration, b) Application for Registration as TDS/TCS, c) Application for allotment of UIN to UN Bodies, Embassies, Other Notified person) or d) Application for Registration for Non Resident Taxable Person) or e) Application for Enrolment as GST Practitioner or f) Application for Registration by a Non-Resident Online Service Provider...

Fred Durst is known to be the frontman and lyricist of the very successful and famous nu-metal band Limp Bizkit. The band was formed In 1994, and with the band, he has released six studio albums. His debut album with the band came in 1997, named Three Dollar Bill, Y’all$. However, the band’s most successful album came in 2000, named Chocolate Starfish and the Hot Dog Flavored Water. The album gave a very successful song named Take a Look Around, which became the theme song of the Mission Impossible movie series....

FTII Result 2021 Candidates who appeared in the written examination can check their results. The FTII result can be checked through the website. Candidates have to visit the official website to check their results. As a result, candidates can check the marks secured by them in the entrance exam. Based on the written exam, an interview, workshop, and audition will be conducted. A separate merit list will be prepared as per the marks scored....

Future Net Worth Updated The world’s best American rapper and singer “Future” has a net worth of $62 Million. According to various online resources (Wikipedia, Forbes, IMDB), the most popular American rapper and singer Future‘s estimated net worth of around $62 Million. Future’s Assets & Investments Future owns over 12 real estate properties, 5 Cars, and 1 Luxury YachtsFuture’s Assets also include Cash reserves of over $8 Million. Future also owns an investment portfolio of 9 stocks that is valued at $6 Million....

This company was taken over by his father after his grandfather and after that its leadership came to Gerard Wertheimer two years later his younger brother also joined this business with him. You might not know that his brother’s net worth is also around twenty-five billion dollars. Also, check Emma Grede Net Worth. As we have already mentioned, the net worth of Gerard Wertheimer is around $45 billion. Almost one hundred percent of this comes in the form of a dividend from his company and salary as CEO....

These issues require deep deliberation and therefore, this article is an attempt in this direction. GST applicability on the TDS portion in case of import of service Issue under consideration : Whether GST is payable on reverse charge basis on the TDS amount in case of payments made for import services where the invoice is raised net of TDS Legal Backing: Pre GST Regime – Magarpatta Township Development and Construction Co....

GST Compliance Ratings “Goods & Services Tax regime of indirect taxes provides for a provision of Compliance Rating and is a fresh concept for the Indian democracy. This provision provides that every taxable person will be allocated a score / rating on the basis of his compliances under the GST law and will be applicable to all the taxable persons irrespective of the nature, turnover of his business or the size of his entity....

Multiplicity of taxes.Cascading effect of taxes (tax on taxes).Classification issues.Excessive compliances.Fractured flow of Input Credits. A single Goods and Services Tax (GST) was envisaged with a view to over come all these issues of tax payers. Ideally GST is a comprehensive Consumption Based Value Added Tax to be levied at all stages of supply of goods and/or services, whereby Input Tax Credit on all types of business procurements (i.e. goods, services and capital goods) should be available without State Geographical Barriers The GST the result of not only major a tax reform, but also a complete business reform for a number of reasons....

GST Journey so far, History of GST in India The significant documents issued by various authorities with respect to GST are enlisted below: “A Model Roadmap for Goods and Services tax in India” by Empowered Committee of State Finance Ministers in April, 2008“GST Reforms and Inter-Governmental Considerations in India” by Department of Economic Affairs, Ministry of Finance, Government of India in March, 2009“First Discussion Paper on Goods and Services Tax In India” by Empowered Committee of State Finance Ministers in November, 2009“Report of Task Force – 13th Finance Commission” by Task force set up by 13th Finance Commission in December, 2009“Comments of Department of Revenue on First Discussion Paper” by Department of Revenue in January, 2010“115th Constitution Amendment (GST) Bill, 2011” by Central Government in March, 2011“Report on the 115th Constitution Amendment (GST) Bill, 2011” by Parliamentary Standing Committee on Finance in August, 2013“122nd Constitution Amendment (GST) Bill, 2014” by Central Government in December, 2014 (as the earlier bill lapsed)“Report on the 122nd Constitution Amendment (GST) Bill, 2014” by Select Committee of Rajya Sabha in July, 2015“Report on the Revenue Neutral Rate and Structure of Rates for the Goods and Services Tax” by Committee headed by the Chief Economic Adviser Dr....

GST Largest Revolution in Indirect Taxation What is GST? How it is different from previous taxes? GST stands for Goods and Service Tax which would be charged in place of indirect taxes which are charged on manufacture, sale and consumption of goods and also on the services. The main objective of the Act is to combine all the taxes and make it one and charge so that the compliance procedure becomes simple and remove the limitations of the current tax structure....

The historic Goods and Services Tax (GST) regime would have already been rolled out, with effect from July 1st 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....

GST TRAN 1 Do’s In case due to validation failure, you receive error as “Processed with Error/ Error occurred“, do ensure to rectify those errors before taking any further action. Any record with status Processed with Error is not part of declaration.All eligible credits as per CGST/SGST acts and rules should be claimed.Ensure to check that the pre-GST registration number is properly updated before proceeding with filing of TRAN-1. Only pre-GST registration numbers updated in non-core registration fields are allowed to be declared in TRAN-1....

This means, while others might also hire out vehicles for goods transportation, only those issuing a consignment note are considered as a GTA. Thus, a consignment note is an essential condition to be considered as a GTA. Ajay hired a GTA to transport his goods. The consideration charged was Rs. 1,200. Will Ajay pay GST? Ajay will not pay GST under RCM as the consideration for transportation of goods on a consignmenttransported in a single carriage is less than Rs....

Here we will discuss about his Career as an Indian Cricket Team player, his achievements and records, businesses and most importantly his earning and net worth. Mr. Harbhajan Singh entered cricket as a right-arm fast-medium bowler and also is one of the all rounder Of the Indian Cricket team. He also plays in the Indian Premiere League team, Jalandhar Indians team where he is regarded as one of the most important player in the team....

He came to sound Amerca with his seven brothers who had come from Germany. His family started Its own business only three years after reaching there. First, one shop opened then another shop and while doing this, he spread a network of supermarkets all over Chile once it became the biggest retail company of the country , he started expanding his business outside Chile in South America. Also check, Matt Doran Net Worth and Collin Chou Net Worth....