Since the inclusion of the Security Services under the ambit of Service Tax Provision, this has always been a subject matter of litigation whether services tax or GST is leviable on reimbursement cost of Wages, ESI, EPF etc. The same issue was recently raised by M/s Gujarat Industrial Security Force Society before the Advance Ruling
Q.1 What is the objective of this ABRY? To incentivise the employers of establishments, registered under EPF & MP Act, 1952, for generation of new employment and to support the new employees entering the formal / organized sector with monthly wage of less than Rs.15000/& re-employing persons from low wage bracket who lost their jobs
The CBIC has declared the rate of exchange relating to Import & Export vide its Notification No 14/2021 – Customs (N.T.) dated 04th February, 2021:- GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No.18/2021 – Customs (N.T.) New Delhi, dated the 18th February, 2021 29
Stakeholders are hereby informed that the Central Government, in Ministry of Corporate Affairs, under section 67(1) of LLP Act, 2008 will be extending Sub- sections (1) to (11) of section 90, Sub- sections (1) and (2) of section 164 , Sub-sections (1) and (3) to (6) of section 165, Sub-section (1) to (3) of section
The Central Board of Direct Taxes (CBDT) vide its Notification No 7/2021 dated 17th February 2021 notify the revised procedure for Faceless Assessment. The full text of the notification is as follows:- NOTIFICATION New Delhi, the 17th February, 2021 S.O. 742(E).—In exercise of the powers conferred by sub-section (3B) of section 143 of the Income-tax
In the recent Notification, No. 17/2021-Customs (N.T.), dated February 17, 2021, The CBIC has amended the Levy of Fees (Customs Documents) Regulations, 1970, by issuing the Levy of Fees (Customs Documents) Amendment Regulations, 2021, by “ Inserting serial number (x) in the Table under Regulation 3 of the Levy of Fees (Customs Documents) Regulations, 1970
This question has been raised on various occasions whether GST would be applicable on the sale of land during the development of township or not and what will be the impact and value of the services performed by the developer promoter. In the recent judgment of the Hon’ble AAR Haryana in M/s. Informage Reality Private
Frequently Asked Questions on Quarterly Return Monthly Payment (QRMP) Scheme .Q 1: What is the QRMP scheme? What are its benefits? A: Quarterly Return, Monthly Payment of Taxes (QRMP) Scheme is a scheme to simplify compliance for small taxpayers. Under this scheme, taxpayers having an aggregate turnover at PAN level up to Rs. 5 crores
WHETHER ITC AVAILABLE ON CANTEEN SERVICES AND BUSINESS PROMOTION EXPENSES INCURRED BY THE COMPANY In the recent judgment of the Hon’ble AAR Haryana in M/s. Musashi Auto Parts Pvt. Ltd. [Advance Ruling No. HAR/HAAR/R/2019-20/18 dated February 4, 2020] has held that ITC is not available with respect to canteen services provided by the employer to
