Goods and Services Tax (GST) is a proposed system of indirect taxation in India merging most of the existing taxes into single system of taxation. It was introduced as The Constitution (One Hundred and First Amendment) Act 2016. The GST …
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8.50 p.m.: All four GST Bills passed. Lok Sabha adjourned till 11 am tomorrow. 8.40 p.m.: One of the GST Bills, Central Goods and Services Tax Bill, 2017, passed. 8.00 p.m.: Lok Sabha Arun Jaitley: “The Central govt does not …
Show Cause Notices (SCNs) issued by MCA for non compliance with the Cost Audit Provisions: Is it a beginning to ensure collection of authenticated data at HSN code level for GST Cost Audit mechanism was instituted by the government …
Introduction 1. A business can be transferred in piecemeals, that is, by the sale of individual assets (in stages) or by way of a slump sale. Slump sale has become a regular business phenomenon in today’s business world. ‘Slump sale’, …