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Must – Step by step guide for GST Registration Registration of GST with practical issues Registration as per Threshold limit. How to compute this threshold limit Every supplier required to be registered if the above threshold limit has been crossed for the supply of goods or services or both. Except when the supplier deals only in exempted goods or services exclusively. Major problem is how to compute the aggregate turnover so that it can be determine that registration under GST is required or not....

Public Trusts can submit an application for registration to the deputy / assistant Charity Commissioner having jurisdiction over the region / sub region in which the trust is sought to be registered. The office of the charity commissioner is situated in Mumbai (Bombay) for Maharashtra, and in a Lower Registry Court in other major cities (including Delhi, Chennai and Calcutta). Now check more details for “Trust Registration in India” from below…....

Revenue from GST Revenue collection from Goods and Services Tax (GST) declined to Rs 93,960 crore in August from Rs 96,483 crore last month, the lowest in the current financial year 2018-19, data released by the finance ministry showed. A probable postponement of sale of items for which tax rate was reduced by the council in its July meeting, as well as seasonal factors, are the main reasons for the ‘slight’ dip, the ministry said today....

CA Final Question Papers and Reviews CA Final Costing (AMA) Paper Strategic issues are increasingly becoming important, cost management has changed from a traditional role of product costing and operational control to a border, where cost leadership and performance management is vital. In this scenario managing costs strategically and monitoring and controlling performance is crucial for the long-term sustainability of organizations. This study material combines the strategic cost management techniques, with the performance-based management framework in one integrated system....

Part of Practical Training Outside India Regulation 54A contains a provision whereby a Principal can depute an articled assistant not exceeding six months to any member outside India who is eligible to engage and train such trainees under the bye-laws of an institution or body, etc. set up in the respective country under the relevant Statutes. It may be noted that in such cases, no Deed of Articles need to be executed for such training nor any intimation be sent to the Institute in this regard....

Risk management strategies As a starting point, one way of reducing your chances of being scammed is to use safe US forex platforms for trading that are widely recognised across the globe. If you choose to use an unknown platform with no real track record or credibility, it increases the risk of you not truly capitalising on potentially lucrative market fluctuations. However, it is worth noting that there will always be risk associated with such an endeavour, as investments offer chances of both losses and considerable returns....

Salient features of GST IGST, Scope of GST, GST Council: Subsuming of Central Taxes: It is provided that GST shall subsume various Central indirect taxes and levies such as Central Excise Duty, Additional Excise Duties, Excise Duty levied under the Medicinal and Toilet Preparations (Excise Duties) Act, 1955, Service Tax, Additional Customs Duty commonly as Countervailing Duty, Special Additional Duty of Customs, and Central Surcharges and Cesses so far as they relate to the supply of goods and services....

In 2018 He signed a rookie contract with New York. One year later in 2019, in New York, Giants Offered him a regular player contract that was worth 45 million dollars for three years. That means his salary was somewhere near 13 million dollars. Apart from this salary, He got 30 million dollars as a signing bonus. That means he became one of the highest-paid players all of a sudden....

He has won quite a handful of awards, including Academy Awards as well. Penn is a very versatile and consistent actor. Sean Penn made his acting debut way back in 1974 on television. He worked in several shows during his early years; few of the shows were produced are by his father. In 1981, Sean Penn got the opportunity to work in a drama, Taps. Sean Penn has also worked in the first part of Bad Boys, which has made him quite popular....

Section 131 of GST – Confiscation or penalty not to interfere with other punishments Statutory Provision Without prejudice to the provisions contained in the Code of Criminal Procedure, 1973 (2 of 1974), no confiscation made or penalty imposed under the provisions of this Act or the rules made thereunder shall prevent the infliction of any other punishment to which the person affected thereby is liable under the provisions of this Act or under any other law for the time being in force....

Other GST Sections List of all sections of UTGST Act 2017 List of all sections of GST, All Sections of CGST Act 2017 List of all sections of IGST Act 2017, All Sections Union Territory GST Section 15 of UTGST – Constitution of Authority for Advance Ruling (1) The Central Government shall, by notification, constitute an Authority to be known as the (name of the Union territory) Authority for Advance Ruling: Provided that the Central Government may, on the recommendations of the Council, notify any Authority located in any State or any other Union territory to act as the Authority for the purposes of this Act....

Section 19 of GST – Taking input tax credit in respect of inputs and capital goods sent for job work. (1) The “principal” shall, subject to such conditions and restrictions as may be prescribed, be allowed input tax credit on inputs sent to a job worker for job work. (2 )Notwithstanding anything contained in clause (b) of sub-section (2) of section 16, the “principal” shall be entitled to take credit of input tax on inputs even if the inputs are directly sent to a job worker for job-work without being first brought to his place of business....

Section 71 of GST – Access to business premises (1) Any officer under this Act, authorise by the proper officer not below the rank of Joint Commissioner, shall have access to any place of business of a registered person to inspect books of account, documents, computers, computer programs, computer software whether installed in a computer or otherwise and such other things as he may require and which may be available at such place, for the purposes of carrying out any audit, scrutiny, verification and checks as may be necessary to safeguard the interest of revenue....

What is Self assessment Tax? While filing of income tax return, there may be a situation where there may be some liability of tax after considering the TDS, MAT credit and Advance tax, so entity needs to pay this balance tax amount before filing the income tax return. This liability computed is known as self assessment tax. It is the tax paid at the time of final assessment of the income by the taxpayer earned during the year It is governed by section 140 A of the Income Tax Act, 1961....

Serena has achieved a great amount of success in tennis. But, apart from the game, she is at the peak of her career when it comes to money. Serena has broken several records with each and every game that she has played, but, apart from that she had broken several other records too when it comes to money. To know how rich Serena is, we will include all her assets and deduct all her liabilities which will help us to arrive at her net worth....

Shannon Bream Net Worth Shannon Bream’s Cars Collection Shannon Bream owns some of the best luxury cars in the world. The list of cars in Shannon Bream’s garage are listed below along with their prices. Also see Nancy Pelosi Net Worth. Shannon Bream Salary Shannon Bream earns both a fixed salary and bonus from her employer Fox News. Under the current contract with Fox News, Shannon Bream earns an annual salary of $8 million....

Small and medium enterprises (SME): Micro, Small and Medium Enterprises development act (MSMED) 2006 defined small and medium enterprises (SME) as follows: Small and medium enterprises contribute to over 40% of workforce in Indian economy. Though they have their major share in the economic development of the country, SMEs are still lagging behind in terms of funding and adequate support from the government. As a result, SME cannot adopt the new technology which involves huge capital....

Provided that the Commissioner may, on the recommendations of the Council, extend the period of ninety days by a further period not exceeding ninety days. Provided further that where the inputs have been received from an Export Oriented Unit or a unit located in Electronic Hardware Technology Park, the credit shall be allowed to the extent as provided in sub-rule (7) of rule 3 of the CENVAT Credit Rules, 2004....

As per the new system, the Way Bills will have to be generated and printed from the Directorate’s website www.wbcomtax.gov.in by the importing persons after furnishing the required particulars, which are described as under: – WBGST E-Way Bill Who need to create key number?– Consignee is required to generate waybill key number and furnish the same to consignor or consignor’s agent. Using this key number, consignor or consignor’s agent will generate e-waybill....

He became professional when he took part in the 2016 NFL draft. The New York Giants Picked him up During the 2016 NFL draft for a six million dollar contract for four years. He remained in that contract until 2020, and he signed a new contract with New York Giants itself for 50 million dollars. That contract duration was 4 years. That means his salary comes somewhere near 15 million dollars....