CA SRIYANS

RFID Tag Mandatory Along With E-Way Bill in UP From 1st Nov 2018

For the first time since the rollout of E-Way Bill in India, the Uttar Pradesh State had mandated for vehicles operating in the state to use the radio frequency identification device (RFID) tag along with an e-way bill from November 1, 2018. E-way rules decree that a vehicle carrying goods valuation over Rs 50,000 must provide the details electronically on the common portal and generate e-way bill. The portal grabs… Read More »RFID Tag Mandatory Along With E-Way Bill in UP From 1st Nov 2018

Auto Calculation of Route Distance for Generation of E-Way Bill

Electronic-way Bill – associate electronically generated document that is needed to be carried for movement of products price extraordinary Rs fifty,000. The validation of e-way bill is for a definite time-period, supported the sort of merchandise being transported and therefore the distance between supply and destination. Distance between supply and destination was perpetually major issue whereas making E-way bill among alternative issues. Now, E-waybill system is being enabled to machine… Read More »Auto Calculation of Route Distance for Generation of E-Way Bill

All about the additional place of business in GST

APOB aka Additional Place of business is the place of business where taxpayer accomplish business related activities within the State, in addition to the PPOB (Principal Place of Business). A supplier needs to register in each state from which he is supplying goods or services. In other terms, if a supplier has their business branches in different states – he/she would be required to take separate registration for each of… Read More »All about the additional place of business in GST

Taxation of Director Remuneration under GST

Directors’ remuneration termed as the compensation the company gives to its directors for the services rendered. This can be done via fees, salary or by use of a company’s assets. The remuneration paid to Directors is issued only on getting approval from shareholders and the Board of Directors.  A director can be:- Executive Director non-executive Director Managing Director (MD) Independent Director Small Shareholder Director  Women Director Additional Director  Alternate Director … Read More »Taxation of Director Remuneration under GST

GST on Tour & Travel Services

GST comes under the category of indirect tax which is levied on the supply of goods & services of different kinds. The travel agent or travel agency service provider are also under the GST ambit.  A travel agent offers services related to planning, booking, and managing tours to their customers. The services include-booking air/rail accommodation, cab hire, accommodation, sightseeing etc. provided by a travel company. A tour operator or agent… Read More »GST on Tour & Travel Services

All About E-Way Bill

E-Way Bill aka Electronic waybill is a unique document or bill that is electronically generated for the specific consignment of goods from one to another place, inter-state or intra-state. E-way bill is generated at the time of the transport of goods by every registered person if the value of the consignment exceeds INR 50,000. The e-way bill has been made essential: – For inter-state supplies – from April 1, 2018… Read More »All About E-Way Bill