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NO ITC ON GOODS AND SERVICES RECEIVED AND USED IN CONSTRUCTION OF WAREHOUSE: AAR    

GST Refunds

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Refunds under GST: ALL YOU NEED TO KNOW Situations under which case of refund arises: • Export of Goods or services • Supplies to SEZs units and developers • Deemed Export supplies • Refund of taxes on purchase made by UN or embassies etc • Refund arising on account of judgment, decree, order or direction of the Appellate Authority, Appellate Tribunal or any court. • Refund...
GST Return
File GST Nil Return Through SMS In a significant move towards taxpayer facilitation, the Government recently allowed to file GST Nil Return Through SMS in FORM GSTR-3B. In a significant move towards taxpayer facilitation, the government recently allowed the filing of the monthly NIL GST return on FORM GSTR-3B via SMS. The government says it would substantially improve the ease of...
AIS
ANNUAL INFORMATION STATEMENT (AIS) IN INCOME TAX Overview : CBDT has notified New Annual Information Statement (AIS) vide Notification No. 30/2020 dated 28.05.2020 which will be in force w.e.f. 1st June, 2020 and thereby replacing Form 26AS. For better understanding, we will look into the following aspects in this article :  What is Form 26AS? What is New Annual Information Statement (AIS)? ...
New Disclosures To Be Made In ITR Forms For A.Y. 2020-21 (F.Y. 2019-20) Overview: In exercise of the powers conferred by section 139 read with section 295 of the Income Tax Act, 1961, CBDT has notified ITR forms for AY 2020-21 through notification no. 31/2020 dated 29th May 2020 Applicability: They shall come into force with effect from the date of...
What if you had the best product line or the most delicious menu items, and nobody bought them? What if your customer service was so excellent that it could put a five-star hotel to shame, but no one had a chance to experience it? What if you have launched a great business and no one knows about it? Setting up...
The rules and regulations pertaining to drug license is governed by the Food Safety and Drug Administration Department of the concerned State Government. This department would be responsible for processing application for grant of drug license. Some of the different types of drug license application forms are: Application Type Description Form 14A - Application from a purchaser for test or analysis...
E-commerce is having a profound impact on traditional drug addiction of brick-and-mortar stores like any other trend. It is gradually changing the way people interact with everyday needs. The penetration of smartphones has a significant impact on the success of e-commerce. If e-commerce will someday hit the nail on their grave, it is not surprising for physical stores. E-commerce is the only...
• Photo Identity ( Minimum one ) 1. PAN card 2. Passport 3. Aadhar Card 4. Driving License 5. Election/ Voters ID • Address Proof of the place where you want to start the business 1. Rent Receipt 2. Telephone Bil 3. Electricity Bill 4. Sale / Purchase Deed 5. Property Tax Paid Receipt 6. Notarized Leave and License 7. Society Maintenance Receipt • Compulsory other documents 1. Annexure A Self Declaration 2. Annexure B...
To obtain the Trade License in Arunachal Pradesh, submit the following documents along with the application: • The ID and address proof of the owner of the business/trade. • Passport size photograph of the applicant. • Documents for portraying details of the approval of the plant and building permit. • Documents related to the building, which could be a property tax receipt (for...