CS Professional REGISTRATION IN GOODS AND SERVICE TAX

WHO IS LIABLE FOR REGISTRATION?

If any supplier hasan aggregate turnover of the 20lakhs rupee in the financial year in the state he provides service is liable to get registered.
If the person is providing is service from a special category states, he is liable to get registered if its aggregate turnover exceeds 10lakhs rupee.
Every person who holds a license under the previous act is liable to register under this act with effect from the appointed day.
In any case, if the business is transferred to any other party by way of succession or any other way, the person to whom business is transferred is liable to be registered from the same day business is transferred.
If the business is transferred because of any scheme or arrangement for amalgamation, the person to whom business is transferred shall be liable to register on the day registrar of the company or any court will approve the order.

Learn more for CS Professional REGISTRATION IN GOODS AND SERVICE TAX

Learn complete cs professional online classes & video lectures at Takshila Learning.

Comments

Lessons-Worksheets-Question Papers-CBSE Class 2 English

Lessons-Worksheets-Question Papers-CBSE Class 2 English CBSE 2nd Class English – One and Many In this blog, we share the spelling rules used in the concept of One and Many. When there is only one of a naming word (noun), it is said to be a singular noun . When a noun shows more than one, it is said to be in the plural . We can add –S, -es, -ves or ies to show that there is more than one noun. For example, we say many birds, four biscuits, six brushes. But for the students of Class 2 , it’s very difficult and confusing to understand where to use s , es, ves or ies in the form of many. Don’t worry, it looks difficult, but it is very easy as in grammar each concept has a set of rules that need to practice. Noun ending with –s, -x, -o, -sh, -ch, and –ss form plurals by taking –es. Look at these pairs of words: Bus – Buses Brush – Brushes Continue ..... Click here ...

Class 3 English Practice Grammar Worksheet -The Adverb

Class 3 English Practice Grammar Worksheet -The Adverb Class 3 English – The Adverb – Kinds of Adverb Fill in the blanks with suitable Adverbs of place. Choose from the box. Up outside everywhere back down away here there ...

PURCHASED GOODWILL METHOD UNDER IND AS 103

The acquisition of subsidiaries results in Goodwill calculation and also records net assets of the subsidiary at fair value on the date of acquisition. Let’s get answers to all the questions related to Goodwill, valuation of NCI, and impairment relating to them. Q1 – What are the ways in which an entity can make payment for purchase consideration? ANS: – Cash – Share exchange – Deferred payment – Contingent consideration Q2 – How is deferred payment dealt, when it forms part of purchase consideration? ANS: The deferred payment is discounted to present value and included in the cost of consideration. At the end of each year, the liability is increased by unwinding the discount, until the payment is settled. For example, An amount of Rs. 108,000 was deferred to be paid after 2 years. The discount rate applicable is 8%. The net present value today of Rs. 108,000 is equal to (108,000 * 1) / (1.08) ^2)= Rs. 92,593 included in purchase consideration. A liability of Rs. 92,59...

Takshila Learning - Online Tutorials

Search This Blog