PAN mandatory for these Transactions PAN (Permanent Account Number) is a 10 digit alphanumeric number, issued by the Income Tax Department, in a card form. It enables the Income Tax Department to link the transactions of the person with the Department and thereby, .acts as an identity of the person.
Taxability under GST for Inter State stock Transfer Presently inter state Stock transfers are not taxable under CST on submission of duly completed Form F. CBEC in their FAQ has clarified as under: Q 7. Are self-supplies taxable under GST?
A Study on Cost of wind mill for allowing depreciation Cost of any plant and machinery, in view of author, must include all related costs which are essential to put and keep machine in a suitable working condition with proper arrangements for its up-keep, repair and maintenance. Therefore, the following costs can form part of […]
Basics of Non Government Organisations Across the world, governments are largely choosing the role of welfare state, i.e. taking case of the well-being of the people at large. Government, with limited resources and limited functionaries, cannot reach the people in every nook and concern of the society.
How GST is pocket friendly for you GST council has agreed on rate structure as 0%, 5%, 12%, 18% and 28%. Having a slab rate structure in GST is departure from popular international practice of having one rate of tax for all goods and services.