Key changes through Company Amendment Bill 2017

Key changes through Company Amendment Bill 2017 Hi Reader, in this article we read the key changes through company amendment Bill 2017 and section wise comparison with the exiting provisions of company act 2013. Company Amendment Bill had been passed by Lok Sabha on 27th July 2017 after that passed by Rajya Sabha on 19th …

Bitcoins Taxability in India

Bitcoins Taxability in India Hi Reader, in this Article we will understand the Bitcoins Taxability in India i.e. how to pay tax on Bitcoins in India. Before we start we have to understand that what Bitcoins is. Bitcoins – Bitcoins is virtual currency and considered more secure than real money. Bitcoins was the first ever …

Transaction value Under GST with example

Transaction value Under GST with example Hi Readers, in this Article we read the concept of Transaction value under GST with examples. As we know that GST will be charges on transaction value. If transaction value is not correctly determined then GST will not be correctly calculated and deposited which cause unnecessary further burden to …

Must Know Valuation rule under GST with examples

Must Know Valuation rule under GST with examples Hi Readers, in this Article we read about must know valuation rule under GST with examples. As we know that GST will be charges on transaction value. If transaction value is not correctly determined then GST will be wrong calculated and deposited which cause unnecessary further burden …

HSN Code Wise GST Goods Rate

HSN Code Wise GST Goods Rate Chapter/Heading/Sub Heading/ Tariff item Description of Goods  GST Rate % Compensation Cess 0303 Fish, frozen, excluding fish fillets and other fish meat of heading 0304            5 Nil 0304 Fish fillets and other fish meat (whether or not minced), frozen            5 Nil 0305 Fish, dried, salted or in …

Basis Concept of Reverse Charge Mechanism in GST

Basis Concept of Reverse Charge Mechanism in GST Hello Readers!  In this article, we will understand the Basis Concept of Reverse Charge Mechanise in GST. As we aware that generally supplier is liable to collect and deposit the tax to Government. However, under the Reverse Charge Mechanism Recipient of supply of Goods or Services is …

Reminder Chart for Statutory Due Dates

Reminder Chart Statutory Due Dates Statutory Due Date for the month of March 2019   March 2019 2nd March Due date for furnishing of challan-cum-statement in respect of tax deducted under Section 194-IA in the month of January 2019. (TDS on Immovable Property) 2nd March Due date for furnishing of challan-cum-statement in respect of tax deducted under Section …

GST SAC Code List

GST SAC Code List   GST SAC Code List – NEW SCHEME OF CLASSIFICATION OF SERVICES Heading & Group Service Code (Tariff) Service Description Construction Services   Heading No.9954 Construction services Group 99541 Construction services of buildings   995411 Construction services of single dwelling or multi dewlling or multi-storied residential buildings   995412 Construction services …

Tax House India is Stephen Fry proof thanks to caching by WP Super Cache