Negative list of ITC under GST Followings Point to be noted Auto, metered cab charges – Exempted under GST. Further , No GST shall be paid even if the amount is incurred by employees and later on reimbursedCab service procured from operator (OLA, UBER etc.,) – GST will be paid by the such operator itself. There is no liability on the service receiver. Further, the taxes paid by the operator cannot be availed as credit....

He was born four years after World War 2 in 1949 in Japan. He is a Japanese citizen but most of the wealth that he has created has come to him because of his investment and work in the United States of America. His most famous restaurant in the world is Nobu of New York. he has named that restaurant after his own name. Also, check Jamie Oliver Net Worth....

The IGST Act defines OIDAR as services whose delivery is mediated by information technology over the internet or an electronic network and the nature of which renders their supply essentially automated involving minimal human intervention. These include electronic services such as: (i) Advertising on the internet(ii) Providing cloud services(iii) Provision of e-books, movie, music, software and other intangibles through telecommunication networks or internet(iv) Providing data or information, retrievable or otherwise, to any person in electronic form through a computer network(v) Online supplies of digital content (movies, television shows, music and the like)(vi) Digital data storage(vii) Online gaming...

Indian-origin Parag Agarwal has been appointed as the new CEO of Twitter after Twitter co-founder Jack Dorsey stepped down as CEO. In this post, who is Parag Aggarwal? And to know about his entire life introduction, net worth (Parag Agrawal Twitter net worth), read the post completely. For the last few years, Parag has been paying special attention to artificial intelligence and machine learning in Twitter and he is also paying attention to the addition of more and more users....

He also earns through social media, brand promotions, and his professional career. This article will give all the details about Peter Dante’s net worth, income, career, personal life, etc. Also check Lady Gaga Net Worth, Taylor Swift Net Worth and Jennifer Lopez Net Worth. Peter Dante Net Worth Peter Dante’s net worth is estimated to be around $12 million. He is an actor and producer based in America. He is best known for playing the role of Dante in the movie “Grandma’s Boy....

Here, we will discuss about Mr. Rahul Gandhi’s early life, political career, earnings and most importantly his wealth and net worth. Rahul Gandhi, is the grandson of Indira Gandhi, who was the first female President of India. His father is Late Mr. Rajiv Gandhi, who was the youngest Minister to take oath as the Prime Minister of India. His mother is the famous politician Mrs. Sonia Gandhi. Rahul Gandhi is the chairperson of the Indian Youth Congress and the National Students Union of India....

RAS Pre Syllabus 2018 in Hindi Rajasthan public service commission, Ajmer द्वारा राजस्थान राज्य एवं अधीनस्थ सेवाए संयुक्त प्रतियोगी परीक्षा ( RAS pre ) का आयोजन किया जाता है, आयोग की यह सबसे बड़ी भर्ती परीक्षा है । प्रारम्भिक परीक्षा (Prelims Exam) में नीचे विनिर्दिष्ट विषय पर एक प्रश्न-पत्र होगा, जो वस्तुनिष्ठ प्रकार (Objective) का होगा और अधिकतम 200 अंकों का होगा. आयोग ने हाल ही में RAS PRE 2016 परीक्षा का सफलतापूर्वक आयोजन किया जा चुका है, अब RPSC RAS EXAM 2018 के लिए तैयारी कर रहा है, RPSC द्वारा जल्द ही RAS pre 2018 notification जारी करना संभावित है। परीक्षा का उद्देश्य केवल स्क्रीनिंग परिक्षण (screening examination) करना है....

Most people see life as a series of important milestones that need to be achieved, from building a successful career to starting a family, purchasing our own home, and then retire. But, as much control as we like to think we have over our own lives, the inevitable can happen at any time. So, even if we don’t like to think about our deaths, it’s important to think of what may happen to the people we leave behind....

She also took a break from tennis in 2013. She studied English literature at the University of British Columbia during this break. She also received certification as Club Pro 1 coach at the UBC Tennis Centre. She has to play tennis in the year 2018 and gave a good score. She won the title in her first tournament in Antalya after her return to tennis in 2018. She started her professional career in 2005 in Vancouver....

The primary source of his income comes from his career as a professional tennis coach, brand promotions, and by co-authoring a few books as well. In this article, we will give all the details about Richard Williams’s net worth, income, career, personal life, etc. Also check Serena Williams Net Worth, Leylah Fernandez Net Worth, and Rafael Nadal Net worth Richard Williams Net Worth Richard Williams’s net worth is approximated to be around $20 million....

As far as his love life is concerned, Rob Kardashian has been involved with several ladies. Rob Kardashian started dating model Blac Chyna in January 2016 and became engaged to her in April. On December 17, 2016, the couple announced their split on social media after Chyna’s Instagram account was hacked. Rob Kardashian was later banned from Instagram for posting posted explicit pictures of Blac Chyna, but an official account managed by Jenner Communications is active....

Rule of Issuing Invoice in GST According to Rule 46 (b) of the CGST Rules 2017, it has been specified that the tax invoice issued by a registered person should have a consecutive serial number,not exceeding 16 charactersin one or multiple seriescontaining alphabets or numerals or special characters and any combination thereof unique for a financial year. This rule implies that with the start of new financial year 2019-20 (w.e.f. 01/04/2019), a new invoice series, unique for the financial year is to be started by the GST taxpayers....

We are talking about Sammy Hagar. Although he was never a permanent member of the band Van Halen, he has been responsible for much of the band’s success. Apart from being a successful musician. Sammy Hagar is a very successful businessman. As a matter of fact, Sammy Hagar made most of his fortune as a businessman. Sammy Hagar has a very successful tequila company. Apart from tequila, he has ventured into the world of beverages and he is successful in that....

Section 107 of GST – Appeals to Appellate Authority Statutory Provision (1) Any person aggrieved by any decision or order passed under this Act or the State Goods and Services Tax Act or the Union Territory Goods and Services Tax Act by an adjudicating authority may appeal to such appellate authority as may be prescribed within three months from the date on which the said decision or order is communicated to such person....

Section 114 of GST – Financial and administrative powers of President Statutory Provisions The President shall exercise such financial and administrative powers over the National Bench and Regional Benches of the Appellate Tribunal as may be prescribed: Provided that the President shall have the authority to delegate such of his financial and administrative powers as he may think fit to any other Member or any officer of the National Bench and Regional Benches, subject to the condition that such Member or officer shall, while exercising such delegated powers, continue to act under the direction, control and supervision of the President....

Section 132 of GST – Punishment for certain offences Statutory provision (1) Whoever commits any of the following offences, namely:- (a) supplies any goods or services or both without issue of any invoice, in violation of the provisions of this Act or the rules made thereunder, with the intention to evade tax;(b) issues any invoice or bill without supply of goods or services or both in violation of the provisions of this Act, or the rules made thereunder leading to wrongful availment or utilisation of input tax credit or refund of tax;(c) avails input tax credit using such invoice or bill referred to in clause (b);(d) collects any amount as tax but fails to pay the same to the Government beyond a period of three months from the date on which such payment becomes due;(e) evades tax, fraudulently avails input tax credit or fraudulently obtains refund and where such offence is not covered under clauses (a) to (d);(f) falsifies or substitutes financial records or produces fake accounts or documents or furnishes any false information with an intention to evade payment of tax due under this Act;(g) obstructs or prevents any officer in the discharge of his duties under this Act;(h) acquires possession of, or in any way concerns himself in transporting, removing, depositing, keeping, concealing, supplying, or purchasing or in any other manner deals with, any goods which he knows or has reasons to believe are liable to confiscation under this Act or the rules made thereunder;(i) receives or is in any way concerned with the supply of, or in any other manner deals with any supply of services which he knows or has reasons to believe are in contravention of any provisions of this Act or the rules made thereunder;(j) tampers with or destroys any material evidence or documents;(k) fails to supply any information which he is required to supply under this Act or the rules made thereunder or (unless with a reasonable belief, the burden of proving which shall be upon him, that the information supplied by him is true) supplies false information; or(l) attempts to commit, or abets the commission of any of the offences mentioned in clauses (a) to(k) of this section...

Section 157 of GST – Protection of action taken under this Act Statutory provision (1) No suit, prosecution or other legal proceedings shall lie against the President, State President, Members, officers or other employees of the Appellate Tribunal or any other person authorised by the said Appellate Tribunal for anything which is in good faith done or intended to be done under this Act or the rules made thereunder. (2) No suit, prosecution or other legal proceedings shall lie against any officer appointed or authorised under this Act for anything which is done or intended to be done in good faith under this Act or the rules made thereunder....

Section 161 of GST – Rectification of errors apparent on the face of record Statutory provision Without prejudice to the provisions of section 160, and notwithstanding anything contained in any other provisions of this Act, any authority, who has passed or issued any decision or order or notice or certificate or any other document, may rectify any error which is apparent on the face of record in such decision or order or notice or certificate or any other document, either on its own motion or where such error is brought to its notice by any officer appointed under this Act or an officer appointed under the State Goods and Services Tax Act or an officer appointed under the Union Territory Goods and Services Tax Act or by the affected person within a period of three months from the date of issue of such decision or order or notice or certificate or any other document, as the case may be: Provided that no such rectification shall be done after a period of six months from the date of issue of such decision or order or notice or certificate or any other document: Provided further that the said period of six months shall not apply in such cases where the rectification is purely in the nature of correction of a clerical or arithmetical error, arising from any accidental slip or omission: Provided also that where such rectification adversely affects any person, the principles of natural justice shall be followed by the authority carrying out such rectification....

The real estate sector plays a very important role in influencing the need and demand for housing and infrastructure in the country. The growth of this sector is well complemented and improving the growth in the corporate environment. In new India as a developing country, the Government has come up the innovative ideas of creating and maintaining the growth of real estate projects. This section has provided benefits to the owner and the Government in the forms of subsidies and helps the user to claim tax benefits....

What is section 80IA and its applicability Section 80 IA provides for Deduction in respect of profits and gains from industrial undertakings or enterprise engaged in infrastructure development [Section 80-IA]. Section 80IA provides a deduction to an assessee in respect of profits and gains derived from any business of: Infrastructure facilitiesTelecommunication servicesUndertaking involved in development , operation or maintenance of any industrial parkPower generation or involved in reconstruction of power generation plant...