Who is required to pay GST?

GST is payable by any person making taxable supplies of goods/ services and whose turnover [on a pan-India basis of all offices having the same Permanent Account Number (PAN)] exceeds INR 20 lakhs. However, where a person who is registered under GST receives goods or services from an unregistered vendor,… Continue reading

What is GST? When is GST expected to be implemented?

Goods and Services Tax Act (GST), pegged as a major tax reform post-independence, has already been introduced by the Government of India and is likely to be implemented from 1 July 2017. This will subsume most of the indirect taxes (such as VAT, excise, service tax etc.) levied by the… Continue reading

List of 331 Shell Companies Provided by Sebi to BSE 07 August 2017

Sno. CIN Company Name 1 L67120G11995PLCO24449 AADHAAR VENTURES INDIA LIMITED 2 L51909WB1982PLCO35460 ACCESS GLOBAL LIMITED 3 L99999G11994PLCO22000 ACIL COTTON INDUSTRIES LIMITED 4 L72900KA2001PLCO28944 ACROPETAL TECHNOLOGIES LIMITED 5 L65921WB1979PLCO32200 ADHUNIK INDUSTRIES LIMITED 6 L24230WB1982PLCO34492 ADINATH BIOLABS LIMITED 7 L99999MH1993PLC168521 ALKA INDIA LIMITED 8 L72900MH2002PLC135829 ALLIED COMPUTERS INTERNATIONAL (ASIA) LIMITED 9 L51909WB1981PLCO34052… Continue reading

Changes in new clause 31 of Form 3CD

Changes in new clause 31 of Form 3CD Clause 31 of Form 3CD has been substituted to include within its fold, reporting requirements taking into consideration the amendments effected in section 269SS and 269T, including within its scope payments relating to immovable property transactions.  Further, the scope of reporting in… Continue reading

GST Registration documents

LIST OF DOCUMENT-For GST Registration Proprietorship:- PHOTO PAN CARD AADHAAR CARD ELECTRICITY BILL RENT AGREMENT / NOC RC COPY BANK STATEMENT (SHOWING BANK NAME, ADDRESS, IFSC CODE, ACCOUNT NO, PARTY NAME & ADDRESS AND FEW LATEST TRASNACTION) POWER OF ATTORNEY PARTNERSHIP:- PARTNERSHIP DEED PAN CARD FIRM BANK STATEMENT FIRM (SHOWING… Continue reading