Self assessed tax under GST
Self assessed tax Explanation clause to section 75(12) inserted- ‘Explanation.––For the purposes of this sub-section, the expression "self-assessed tax" shall...
Month: July 2022
Conditions for claiming ITC under GST
Conditions for claiming ITC In section 16(2) of the CGST Act, after clause (a), the following clause (aa) inserted- “(aa)...
GST on supply by any Club or Association to its Members
GST on supply by any Club or Association to its Members In the CGST Act, 2017, in section 7 (1)(a),...
List of Services under reverse charge
SERVICES UNDER REVERSE CHARGE AS APPROVED BY GST COUNCIL The fitment of rates of services were discussed on 19 May...
Net Owned Fund requirement as per Nidhi Rule 2022
Notification no. G.S.R. 301(E), Dated: 19.04.2022 The MCA has notified the Nidhi (Amendment) Rules, 2022. As per amended rules public company...
Nidhi (Amendment) Rules, 2022
Nidhi (Amendment) Rules, 2022 The Ministry of Corporate Affairs, vide notification dated 19th April 2022, amended the Nidhi Rules, 2014. Notably,...
Section 64 of the CGST Act: Summary assessment in certain special cases
Section 64 of the CGST Act: Summary assessment in certain special cases— (1) The proper officer may, on any evidence...
Section 63 of the CGST Act: Assessment of unregistered persons
Section 63 of the CGST Act: Assessment of unregistered persons— Notwithstanding anything to the contrary contained in section 73 or...
Section 62 of the CGST Act: Assessment of non-filers of returns
Section 62 of the CGST Act: Assessment of non-filers of returns— (1) Notwithstanding anything to the contrary contained in section...
Section 61 of the CGST Act: Scrutiny of returns
Section 61 of the CGST Act: Scrutiny of returns— (1) The proper officer may scrutinize the return and related particulars...