GST Sectoral Series FAQ on IT-ITES containing 26 Questions & Answers by CBEC on queris related to GST on Information technology/IT enabled sectors GST Sectoral Series FAQ on IT-ITES Question 1: Whether software is regarded as goods or services in GST? Answer: In terms of Schedule II of the …
GST SECTORAL SERIES FAQ- Gems and Jewellery GST SECTORAL SERIES FAQ- Gems and Jewellery Question 1: Whether advertising and communication material (banners/hoardings/posters) provided to distributors would be treated as supply in the course of business by the company thereby not requiring any reversal of ITC. Answer: (a) Where the material is provided …
Draft Customs Brokers Licensing and Revocation Regulations 2017 by CBEC. Customs Brokers shall be licensed by a written examination process Draft Customs Brokers Licensing and Revocation Regulations 2017 CBEC has issued Draft Customs Brokers Licensing and Revocation Regulations, 2017. As per the Regulations, Customs Brokers shall be licensed and no …
RBI Introduces Rs 50 banknote in Mahatma Gandhi (New) Series The Reserve Bank of India will shortly issue Rs 50 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has motif of Hampi with Chariot on …
Number of Taxpayers added after Demonetization-clarification on media reports on different figures given at PM Speech, FM Statement, Rajya Sabha Reply etc. Press Information Bureau Government of India Ministry of Finance 18-August-2017 19:37 IST Clarification regarding number of Taxpayers added after Demonetization Various news reports/articles have appeared in …
Non-renewal of THC cannot deprive supporting manufacturer of deduction u/s 80HHC(1A). Lgislative intent is to extend benefit either to exporter or to supporting manufacturer and not to both – High Court ABCAUS Case Law Citation: ABCAUS 2033 (2017) (08) HC Assessment Year : 1996-97 Important Case Laws Cited/relied …
