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Tax Deducted at Source under GST

September 22, 2017 Compliance Blog 0

Tax Deduction at Source (TDS) is a system which was initially introduced by the Income Tax Department. It is one of the modes/methods to collect...

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Ministry of Corporate Affairs has notified the Companies (Restriction on number of layers) Rules, 2017 (“Rules”) vide notification no. G.S.R. 1176(E) dated 20th September, 2017.

September 22, 2017 Corporate 0

Rule 2 of the Rules restricts any company from having more than two layers of subsidiaries. Exemptions:   An Indian Company acquiring a company incorporated outside...

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Exemption from registration to Job workers upto aggregate turnover of Rs. 20 lakh who are making inter-State taxable supply of job work service to a registered person

September 20, 2017 GST 0

Presently, a job worker making inter-State taxable supply of job work service is not eligible for threshold exemption of Rs. 20 lacs (Rs. 10 lacs...

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Extension in due date for filing Form GST TRAN-1 to 31st October, 2017

September 20, 2017 GST 0

GSTN has extended the due date for filing the Form GST TRAN – 1 for claiming the input tax credit of eligible duties and taxes...

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