NOTIFICATION No. No. 40/2020–Central Tax issued to extend the validity of e-way bill till 31.05.2020

In exercise of the powers conferred by section 168A of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said…

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Summarised Changes in Statutory and regulatory compliances matter in light of Covid-19 outbreak by Finance Minister Nirmala Sitharaman

Change in compliance related to Company Act Applicability of Companies (Auditor's Report) Order 2020, which was supposed to come in to force from 2019-2020, will now come into force from…

Continue Reading Summarised Changes in Statutory and regulatory compliances matter in light of Covid-19 outbreak by Finance Minister Nirmala Sitharaman

Whether Sale of memorabilia or any trust publications by N.P.Os will come under the definition of business?

As per the meaning of supply one of the ingredients is to establish that a particular transaction is in the course or furtherance of business. The sale of books, articles,…

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Is Grants/Donations received by NPO would be Non-GST Supply or No Supply under GST Act?

Grants/donations received by NPO shall not be covered as supply as these are without consideration and also not in the course or furtherance of business and therefore grant/donations received are…

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Certificate Format under Section 18(1)(d) of the Goods and Services Tax (GST) Act as per Icai Guidelines issued by C.A

where an exempt supply of goods or services or both by a registered person becomes a taxable supply, such person shall be entitled to take credit of input tax in…

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Certificate Format under Section 18(1)(c) of the Goods and Services Tax (GST) Act as per Icai Guidelines issued by C.A

Where any registered person ceases to pay tax under section 10, he shall be entitled to take credit of input tax in respect of inputs held in stock, inputs contained…

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Certificate Format issued by a chartered accountant under Section 18(1)(b) of the CGST Act as per Icai Guidelines

A person, though not liable to be registered under section 22 or section 24 may get himself registered voluntarily, and all provisions of this Act, shall be entitled to take…

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Certificate Format under Section 18(1)(a) of the Goods and Services Tax (GST) Act as per Icai Guidelines

Section 18(1)(a) of the GST, A person who has applied for registration under this Act within thirty days from the date on which he becomes liable to registration and has…

Continue Reading Certificate Format under Section 18(1)(a) of the Goods and Services Tax (GST) Act as per Icai Guidelines