-
Business Processes for GST- Payment – Report
REPORT OF THE JOINT COMMITTEE ON BUSINESS PROCESSES FOR GST ON GST PAYMENT PROCESS Empowered Committee of State Finance Ministers New Delhi- April, 2015 CONTENTS OF THE REPORT 1. Introduction 2. Payme...
-
Business Processes for GST on Refund Process –Report
REPORT OF THE JOINT COMMITTEE ON BUSINESS PROCESSES FOR GST ON REFUND PROCESSES Empowered Committee of State Finance Ministers New Delhi- – August, 2015 Contents of the Report/Index 1.0 Introduction 2...
-
GST to be implemented w.e.f April 1, 2016: K.M. Mani
GST constitutional amendment may be passed in Winter Session of Parliament The GST, a much-awaited reform to replace multiple indirect taxes with one levy shall be implemented with effect from April 1...
-
Draft GST Reports on payment process, refund process and registration on public domain
The much talked about “Goods and Services tax (“GST”) regime – Single biggest tax reform since Independence”has been creating a buzz amongst all stake holders, eagerly waiting for the winter session o...
-
No Special Session on GST as Parliament prorogue Monsoon Session
The Cabinet has decided not to call for a Special Session to pass the much-hyped and much-delayed Constitution (122ndAmendment) Bill, 2014 on Goods and Services Tax (‘GST Bill’ or ‘122nd CAB’) in the...
-
Delhi VAT- Regarding restoration of registration of dealers
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES (POLICY BRANCH) VYAPAR BHAWAN, I.P.ESTATE, NEW DELHI-110 002 No.F.3(569)/Policy/VAT/2015/658-63, Dated:02.09.2015 ORDER...
-
DELHI VAT- Mismatch in Input Tax Credit at buyer’s end due to Revision of return by seller
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES (POLICY BRANCH) VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110 002 NO. F.3(566)/policy/VAT/2015/640-46 Dated: 01/09/2015 CIRC...
-
Delhi VAT- Objections for tax period prior to 01/10/2011
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES (POLICY BRANCH) VYAPAR BHAWAN, I.P.ESTATE, NEW DELHI-110 002 No. F.3(458)/Policy/VAT/2014/648-654 Dated 01/09/2015 CIRCU...
-
Delhi VAT- Submit Form DP-1 online by 30-09-2015
(TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY) GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES VYAPAR BHAWAN : I.P. ESTATE: NEW DELHI 110 002 No. F.3(352...
-
GST Legislation Draft to be finalised by Sept 15’2015
GST Legislation The Revenue secretary , Mr Das has clarified that three draft legislations are being prepared by different committees comprising i) senior officers of the CBEC, ii) department of reven...
-
All Utensils- Taxability under Uttarakhand Vat Act
In order to discuss Entry No. 8 of Schedule –II B in Uttarakhand, it will be imperative to go through The Uttarakhand Vat Act, 2005. The Entry No. 8 of Schedule- II B of The Uttarakhand Value Added Ta...
-
CBEC should be in readiness to implement GST : FM
FM: Buoyancy in the Indirect Tax Collections as They Grow more than 37% in the First Four Months of the Current Financial Year 2015-16; Indicates That Manufacturing and Service Sector is Performing We...
-
Rajya Sabha adjourns sine die without passing the GST Bill
With the Prime Minister Shri. Narendra Modi Government going hammer and tongs using its majority in Lok Sabha to clear legislative agenda, Shri. Modi’s reform agenda suffered a major blow on Thursday,...
-
Delhi VAT- Filing of online return for 1st quarter of 2015-16- extension of due date to 17/08/2015
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES (POLICY BRANCH) VYAPAR BHAWAN, I.P.ESTATE, NEW DELHI-110 002 No.F.7(420)VAT/Policy/2011/PF/272 Dated: 07/08/2015 CIRCULA...
-
GST Bill 2014 vis-a-vis Recommendations of Select Committee of Rajya Sabha, 2015
The Constitution (122nd Amendment) Bill, 2014 was introduced in Lok Sabha on December 19, 2014 and was passed by it on May 6, 2015. The Bill was referred to a Select Committee of Rajya Sabha for exami...
-
CBEC decides to create GST Directorate in Delhi
Dated- August 3, 2015 F. No. A-11013/18/2015-Ad.IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise & Customs) 6th Floor, HUDCO Vishala Building, Bhikaji Cama Pla...
-
Extension of date for online filing of Form DP-I upto 31/08/2015
(TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY) GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES VYAPAR BHAWAN : I.P.ESTATE: NEW DELHI -110 002 No.F.3(352)...
-
Reg-Non-acceptance of correspondence and letters by Sales Tax Department
8th floor, Vikrikar Bhavan, Mazgaon, Mumbai-400010 TRADE CIRCULAR (u/s 10(10) of the MVAT Act,2002) No.VAT/2015-16/0SD/B Trade Circular No. 8T of 2015 Mumbai, dt. 16.06.2015 Sub:- Non-acceptance of c...
-
Budget Proposals on Delhi Value Added Tax
Introduction: Before I begin this article it is worth to quote from the budget speech of Mr. Manish Sisodia Finance Minister that “I have tried to strike a careful balance between the requirements to...
-
ICAI invite Suggestions on GST
The biggest tax reforms in the history of Independent India are taking its final shape as the Constitution (122nd Amendment) Bill relating to the Goods and Service Tax (GST) has been passed by the Lok...