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Showing posts from May, 2018

GST REFUND SPECIAL FORTNIGHT OPEN FROM 31 MAY 2018 TO 14 JUNE 2018 | GST REFUNDS CLAIM PROCESS

GST REFUND SPECIAL FORTNIGHT OPEN FROM 31 MAY 2018 TO 14 JUNE 2018, GST REFUNDS CLAIM PROCESS:

Special GST refund drive opens from 31.05.2018 to 14.06.2018 for exporters, isd, composition dealers, igst, cgst and sgst and ITC also.



Download press release from below link:


https://drive.google.com/file/d/0B2JBDlm9dIjDdzNwd0JGb0h4UDVCYlhLQWhmeHNrWW91ZFNj/view?usp=sharing

Thanks

GST ON FARMERS - LEASING & RENTING OF AGRICULTURE LAND FROM 1 JUNE 2018 FAKE NEWS CLARIFICATION

GST ON FARMERS - LEASING & RENTING OF AGRICULTURE LAND
FROM 1 JUNE 2018  FAKE NEWS CLARIFICATION

GST ON FARMERS AND LEASING & RENTING OF AGRICULTURE LAND FROM 1 JUNE 2018  FAKE NEWS CLARIFICATION
watch video from here:
https://youtu.be/eiSSLnJcPpY

A news has been circulated that w.e.f 1 june 2018 GST will applicable of farmers of agriculturists and they have to pay GST @18% on leasing and renting of agriculture land for which clarification has been issued by department to give answers of following queries:
1) Is GST applicable of Farmers (क्या किसानो को GST नंबर लेना है ?)
2) What is GSR rate on Agriculture or Agriculture land? (कृषि पर GST Rate क्या है ?)
3) GST on Leasing and renting of Agriculture land (agriculture land को rent or lease करने पर क्या GST लगेगा ?)

Download press release:


English Press Release link:

https://drive.google.com/file/d/1hGaWcIDCeGlideZSD4IWrh_af-x1kv1N/view?usp=sharing

Hindi Press Release link:

https://drive.google.com/file/d/12EqXIN0hph20PfEduK1KOb…

ITR 4 (SUGAM) FILE करने से पहले ये CONDITIONS जरूर जान लें (ITR for FY 2017-18 and AY 2018-19) new

ITR 4 (SUGAM) FILE करने से पहले ये CONDITIONS जरूर जान लें watch video (click here)https://www.youtube.com/watch?v=c5WLmxou5AY) BREIF: ØLast date of ITR filing for AY 2018-19 and FY 2017-18 is 31st July 2018 ØITR 4 is for Presumptive Income from Business & Profession ØSections are 44AD, 44AE, 44ADA ØIf you are having GST number than you should enter the same in ITR 4 and also Turnover declared in GSTR 1 (In case you are not having GST number than it is not mandatory)
What is Business Income on Presumptive Basis: ØAs per section 44AA income Tax act 1962, every person who is carrying on business or profession is required to maintain books of accounts. However, to give relief to small tax payers from maintaining books of accounts Income tax act has come up idea of presumptive taxation scheme under section 44AD, 44ADA and section 44AE. ØPresumptive taxation means income is calculated on presumptive basis rather than on actual basis. A person opting for presumptive income has to declare income…

GST AUDIT किसे कराना है और किसे नहीं ? WHO IS LIABLE FOR GST AUDIT ?

GST AUDIT किसेकरानाहै औरकिसेनहीं ? WHO IS LIABLE FOR GST AUDIT 



SECTION 35 (5) Every registered person whose turnover during financial year exceeds the prescribed limit shall get his account audited by a chartered accountant or a cost accountant and shall submit a copy of the audited annual accounts, the reconciliation statement under sub-section (2) of section 44 and such other documents in such form and manner as may be prescribed.


SECTION 80(3) To know Prescribed Limit: Every registered person whose aggregate turnover during a financial year exceed two crore rupees shall get his accounts audited as specified under sub section (5) of section 35 and he shall furnish a copy of audited annual accounts and a reconciliation statement, duly certified, in Form GSTR 9-C, electronically through the common portal

In case of more than one branch under same PAN GST Audit requirement: Example: ABC Ltd. Is having a head office and 3 Branches in different states registered under GST, having turnover as bel…

Environment - BY K.R.Dileep Kumar

Environment
"Earth is only the planet having the favourable place for Life, So save earth and environment to survive our life"
Environment is the natural world which surrounds the earth and makes a particular geographical area in which human beings, animals, plants and other living and non-living things exist.
A Clean Environment makes people love nature and starts Planting trees and plants. If there are more plants and trees There will be healthy environment which provides good amount Of oxygen and takes carbon dioxide and makes man feel happy Environment is the thing where kids like more when it is full of greenery and flowers with good fragrance.
It should be maintained well to save environment very well for longer period of time.
I like Environment because of green plants and trees and animals and creatures where they do good sound in morning and night time.
I am interested in saving plants and trees with forming one team We should make one organisation like NGO andsaveEnvironm…

Profit and Loss and Balance Sheet format in excel for ITR 4 - Sugam

Download Profit and Loss and Balance Sheet format for ITR 4 - Sugam from below link:
https://drive.google.com/file/d/1S8bp1RLox5VQddMeTzBGkK5FehwqZBJ5/view?usp=sharing

Notification no. .22/2018 for waive off Late Fee penalty on GSTR 3B for Tran 1 cases

New Eway bill Press Release dated 14 may 2018 for Assam and Rajasthan

GST NEW SINGLE RETURN DESIGN SYSTEM DETAIL UNDERSTANDING AND ANALYSIS

GST NEW SINGLE RETURN DESIGN SYSTEM DETAIL UNDERSTANDING AND ANALYSIS:
27th GST council meeting was help on 4 may 2018 to decide for simplified gst return system and soon single GST return system will taken place of present GST returns.
So there are lots of Question about GST new return design system which are how is it, is it complicated or easier. how till new gst return system works and many more. so relax! and watch this video to know in detail new gst return simplified process. This video is having press release of new GST return Simplified process and analysis of gst new return system.

To download Press release of 27th GST council meeting on New return system of GST click below:


https://drive.google.com/file/d/1QHaRUJyti282hDuZAwOFuhJ1MfD2QZyd/view?usp=sharing

watch video from here:
https://youtu.be/aUu5pVczdRI

Thanks