As you are aware that a Trademark may be defined as a lawfully protected abstract, word, symbol, color, mark, slogan or a mixture of those related to an organization or a selected product that differentiates it from the others accessible within the market.
From 1st April 2022, an increased limit of Rs. 2 Lakhs shall apply where the movement of goods movement commences and terminates within the area of same city without crossing the area of the city. This limit has been notified vide Notification No. F.17(131-Pt-II)ACCT/GST/2017/7713 dated 24th March 2022 and shall be effective from FY 2022-23 onwards.
In simple words "The recipient of goods or services is required to pay interest only on input tax credit utilized from e-credit ledger for payment of tax & not on whole amount of input tax credit to be reversed".
So now there are 2 schools of thought within ICAI and the central committee is set to deliberate on 5-04-2022 in Mumbai with the active participation of the Past 25 Past presidents of ICAI and the present Central Council Committee.
We are fast approaching the end of financial year 2021-22. It mandates for some activities to be carried out under GST laws for smooth transition to Financial Year 2022-23. We have listed down certain important activities for the smooth transition/ closure of Financial Year 2021-22
Slump sale is not defined under GST law. It simply means 'transfer of a business as a going concern' to cover all the transactions of business transfer.
So how can you really develop reading as your hobby? There may be a number of tips - some which may work for most of us, some which may not work for a lot of us. I am highlighting a few of them which have worked for me or think can work for a lot of us.
The author lists down the points on which the taxpayers need to pay attention at the end of financial year for GST
As you are aware that the term "Business Restructuring" is composed of two words," Business" and "Restructuring". We know that the "Business", includes trade, commerce, manufacture, profession etc
Factoring is very popular and necessary to enhance working capital by quick conversion of book debt into liquid form.