Duplicate and Fake PANs identified and deleted or de-activated by the Government. 11,44,211 PANs identified as duplicate and 1,566 PANs identified as Fake Press Information Bureau  Government of India Ministry of Finance 01-August-2017 17:46 IST Mandating Aadhaar linkage to PAN cards  Permanent Account Number (PAN) is the key …

Section 68 not attracted to amount representing credit purchases. Findings of ITAT upheld by High Court   ABCAUS Case Law Citation: ABCAUS 2012 (2017) (08) HC The respondent assessee was a Government Contractor in the business of road construction. His return of income was selected for scrutiny and …

Exemption under GST for small businesses. No GST Registration required for turnover up to Rs. 20 lakh, Composition scheme provided for benefit of small business Press Information Bureau  Government of India Ministry of Finance 01-August-2017 17:44 IST Reduction/exemption of tax rates under GST for small businesses  The Government …

GST FAQ Food Processing under Sectoral Series issued by CBEC GST FAQ: Food Processing Question 1: If I have multiple manufacturing units in a State/UT, do I have to register all my companies separately or as a group? Answer: You shall be granted a single registration in the …

GST FAQ E-Commerce under Sectoral Series. CBEC has issued a FAQ containing 25 Question and Answers under GST Sectoral FAQ Series GST FAQ E-Commerce under Sectoral Series Question 1: What is Electronic Commerce? Answer: Electronic Commerce has been defined in Sec. 2(44) of the CGST Act, 2017 to …

GST FAQ-Handicrafts under Sectoral Series. CBEC has issued 18 Questions and Answers FAQ on GST provisions related to Handicrafts GST FAQ-Handicrafts under Sectoral Series Question 1: How will imports be taxed under GST? Answer: All imports will be deemed as inter-State supplies for the purposes of levy of …