CAclubindia Articles

FAQs on GST applicability on 'pre-packaged and labelled' goods

Shree 19 July 2022 at 08:44

Frequently asked Questions (FAQs) to clarify certain doubts/queries regarding the GST levy on 'pre-packaged and labelled' goods which came into effect from today, 18th of July, 2022

Benefits of National Pension Scheme (NPS)

Taxblock 19 July 2022 at 08:44

The National Pension Scheme is a national social security initiative launched by the Central Government with a motive to encourage many salaried employees to invest a small amount of money in their pension account during their course of employment. After retirement, the subscribers can take out a certain percentage of money as a monthly pension.

Buy an Electric Vehicle and Claim Exemption under Income Tax Act

Poojitha Raam Vinay 19 July 2022 at 08:44

A new section 80EEB was inserted from AY 2020-21 to claim an exemption on the interest portion of the loan taken to purchase an electric vehicle.

Analysis of amendments in GST applicability on renting services of residential dwelling w.e.f. 18th July 2022

Ishan 18 July 2022 at 14:54

As per Entry 12 of Notification 12/2017- Central Tax Rate dated 28.6.2017, "Services by way of renting of residential dwelling for use as residence" is exempt.

Here Are 6 Reasons To Choose E-Commerce And Increase Sales

Suhasini 18 July 2022 at 14:05

If you operate a small or medium business and are still in a dilemma about whether to invest or not in digital introduction, here is a comprehensive list of reasons why eCommerce development services are the best option.

OEM Registration process for FAME subsidies

Taxblock 18 July 2022 at 08:44

FAME is an incentive scheme for adoption and manufacturing of electric and hybrid vehicles in India. Electric vehicle manufacturers and infrastructure providers receive subsidies as part of this incentive.

FCM on GTA Services

Ajay Kumar Maggidi 18 July 2022 at 08:44

Starting W.E.F today, i.e. 18-07-2022, GTA dealers may choose option to discharge the tax under forward charge. Let us have a look at what are the changes and how does it impacts.

New GST rate on various construction services from 18th July 2022

CA CMA Sagar Jaiswal 18 July 2022 at 08:44

The GST department has notified the GST rate revisions, recommended at the 47th GST Council meeting held on 28th & 29th June 2022. Correspondingly CBIC issued Notification No. 03/2022 on 13th July 2022 amending Notification no. 11/2017 dated 28th June 2017, wherein GST rates for various construction services have been revised.

The Stagnation in Chartered Salaries

CA Saurabh Dwivedi 16 July 2022 at 10:16

I humbly request the Hon'ble ICAI to give due consideration to these suggestions & work in favor of our beloved profession.

Refund under GST and the procedure to claim refund

Taxblock 16 July 2022 at 07:28

Refunds can be claimed under GST when the taxpayer pays a tax more than he is liable to pay. The process of claiming refund under GST is systemized so that no confusion arises. The whole process of refund is online and they have given some time limit for claiming refund.