by CA Nikhil Kumar | Mar 14, 2021 | Articles, Taxguru
The banking industry is covered by the erstwhile service tax law and same was levied on the service provided by the banking sector to its customers until the introduction of Goods & Service Tax Act. In this article we would like to explain the important GST...
by CA Nikhil Kumar | Mar 14, 2021 | Articles, Taxguru
In a country like India the government works more like a welfare agency than a regulator. The functions of government is responsible for the upliftment of whole society. The government and its agencies are primarily entrusted with the task of administration,...
by CA Nikhil Kumar | Mar 14, 2021 | Articles, Taxguru
Internationally, GST was first introduced in France and now more than 160 countries have introduced GST. The Various countries have , depending upon their requirements and suitability introduced National level GST or Dual GST. The Government of India has introduced...
by CA Nikhil Kumar | Mar 14, 2021 | Articles, Study Cafe
It is a old age practice specifically in Indian society to donate for the sake of benefit of the society at large. It may be in form of donation to religious, charitable, medical, hospital, educational institutions, orphanage, old age homes etc. With the passage of...
by CA Nikhil Kumar | Mar 11, 2021 | Articles, Study Cafe
The West Bengal Authority for Advance Ruling in the case of Mohana Ghosh {Trade Name : M/s Reesham Associates (Case Number : WBAAR 09 of 2019 dated 28/03/2019)} , ruled that the no input Tax credit is admissible for the purchase of motor vehicle to Rent a Cab Service...