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GST on Services ancillary to electricity transmission or distribution utility?

May 22, 2019 GST, Other by YASH
Services ancillary to electricity transmission or distribution utility is taxable under GST or exempt from GST On 01st March 2018 Government issued Clarifications regarding GST in respect of certain services vide Circular No. 34/8/2018-GST where in S.No. 4 it was stated that Service by way of transmission or distribution of electricity by an electricity transmission […]

Accounting for Business Combination pursuant to IBC, 2016

May 20, 2019 Other by YASH
In terms of Regulation 37(c) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process For Corporate Persons) Regulations, 2016, a resolution plan shall provide for the measures, as may be necessary, for insolvency resolution of the corporate debtor for maximization of value of its assets, including but not limited to the substantial acquisition […]

GSTR-9 : Filling of Annual Return under GST

May 17, 2019 Other by YASH
This is our first ever annual return since the implementation of Goods and Services act 2017. Everyone would have started preparation for your first ever Annual Return and I know you are busy in that, But what I say is you must read this Article before you start filing the Annual Return. 1. Meaning of […]
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