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Showing posts from June, 2017

GST practitioner

Registration as GST Practitioner GST Also brings a concept of GST Practitioner for those who intend to appear before the GST Authority for any matter. The following article discusses the eligibility criteria, relevant forms, procedure etc. *ELIGIBILITY CRITERIA TO APPLY FOR GST PRACTITIONER* Following are the eligibility criteria to apply for GST Practitioner: a. i. The person is a citizen of India. ii. The person is of a sound mind. iii. The person is not adjudicated as insolvent. iv. The person has not been convicted by a competent court for an offence with imprisonment not less than two years And satisfies any of the following conditions, b. He is retired officer of Group-B Gazetted officer of any state VAT Department or CBEC or department of Revenue, or c. A Graduate or Post graduate of commerce, Law, Banking, Business administration, Business Management from any Indian University established by law. d. Person who has cleared any degree (as mentioned in...

E way bill

In relation to supply (like goods delivery to customer, goods sent as samples, replacement under free warranty etc.) For reasons other than supply (like personal & non-business consumption, Job Work etc.) Due to inward supply of goods received from unregistered person. (Reverse charge due to purchase from unregistered person.) A new e-way bill in  FORM GST INS-01  is required to be generated by transporter if he transfers goods from one conveyance to other. In case of multiple consignments in a single conveyance, a consolidated e-way in  FORM GST INS-02  is required to be generated by the transporter to be carried along with the individual consignment e-way bills. S. No Distance Validity period 1. Less than 100 km One day 2. 100 km or more but less than 300 km Three days 3. 300 km or more but less than 500 km Five days 4. 500 km ore more but less than 1000 km Ten days 5. 1000 km or more Fifteen days ...

Dont panic for surgical stirke

Dear Freinds Plz do not create panic ....and support this mononey surgical strike  of Govt. We have to do following steps: 😉Find out Rs. 500 and Rs. 1000. 👻Buy only essential items in cash. 😇Use Rs 100 Or less note, available at you with your future planning & needs. 👂🏻Take suggetion from Chartered Accountant prior to Exchange of money. 🗣Find out to source of Cash wich will  be exchanged to the bank. 👉Becz Income tax depptt. Will issue notice for that. Just have consider in Quick way 👉 1. Why is this scheme? The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons, the fake notes look similar to genuine notes, even though no security feature has been copied. The fake notes are used for antinational and illegal activities. High denomination notes have been misused by terrorists and for hoarding black money. India remains a cash based economy hence the circulation of Fake Indian Currency Notes continues to ...