TCS Mechanism under GST. TCS is tax collected by e-commerce operator when a supplier supplies some goods or services through its portal TCS MECHANISM UNDER GST Tax Collection at Source (TCS) has similarities with TDS, as well as a few distinctive features. TDS refers to the tax which …
Job-work Under GST – A Guide by CBEC.. Job work is any treatment or process undertaken by a person on goods belonging to another registered person Job-work Under GST Introduction Job-work sector constitutes a significant industry in Indian economy. It includes outsourced activities that may or may not culminate …
ITAT has no jurisdiction to direct registration of Trust u/s 12AA without there being satisfaction recorded by the Registering Authority as contemplated by the Income Tax Act – High Court ABCAUS Case Law Citation: ABCAUS 2074 (2017) (09) HC The Challenge/Grievance: The appeal was filed by the …
TDS Mechanism under GST-Guide by CBEC. Individual supplies may be less than Rs. 2,50,000/-, but if contract value is more TDS @ 1% will have to be deducted TDS MECHANISM UNDER GST Tax Deduction at Source (TDS) is a system, initially introduced by the Income Tax Department. It …
CGST TDS provisions effective from 18th September 2017 for 1 % deduction from payment to supplier where where the total value of such supply, under a contract, exceeds two lakh and fifty thousand rupees Government of India Ministry of Finance Department of Revenue Central Board of Excise and …
GST TRAN-1 can be revised once if filed electronically within due time by filing revised declaration . CGST Seventh Amendment Rules 2017. Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 34/2017 – Central Tax New Delhi, the 15th September, …
