Takshila Learning - Online Tutorials

What is a Negotiable Instrument and Types?   NEGOTIABLE INSTRUMENTS is a very interesting topic in Economic, Business, and Commercial Law, which is also part of our CS Online Coaching Class. The following is explained:   What is Negotiate Instrument?   A "negotiable instrument" means a promissory note, a bill of exchange or a check payable either to the ordering party or to the holder.   TYPES OF NEGOTIABLE INSTRUMENTS   Negotiable instruments recognized by statutes: the Negotiable Instruments Act mentions only three types of negotiable instruments (Section 13).   These are the following: i. Promissory Notes ii. Bills of Exchange, and iii. Cheques   Negotiable instruments recognized by the use or customs of trade: certain other instruments have acquired the characteristic of negotiability through the use or customs of trade.   For example, Exchequer bills, banknotes, Share warrants, Circular notes, Bearer debits, Dividend warrants, Share certificates with blank transfer deed

  The Tax on Goods and Services (GST) is a tax on the consumption of goods and services dependent on destinations. It is planned to be charged from production to final use at all stages, with the tax credit paid at previous stages available as a setoff. In a nutshell, only value-added will be charged and the tax burden will be borne by the final user levy and GST collection will be carried out in the case of intra-state supply and inter-state supply, according to the provisions of the CGST Act 2017 and IGST Act 2017.   In the case of intra-state supply, GST is levied as per CGST (Central Goods and Services Tax) Act, 2017, and in the case of inter-state supply, GST is levied as per IGST (Integrated Goods and Services Tax) Act, 2017. CGST is levied on all the supplies of goods or services or both supplied within the state, except on the supply of alcoholic liquor for human consumption at such a rate as notified by the Central Government on the recommendation of the GST Council.   The Cen

  EXEMPTION UNDER GST – GST EXEMPTION – SECTION 11 of CGST ACT The scope of the article mainly concerns the power of governments under section 11 of the CGST Act, 2017, to grant exemptions from the Goods and Services Tax (GST). The nature of the clause, however, is pretty straightforward and clear in that it addresses the reasons for the government's exemption. Let's first understand the definition of exemption and how Section 11 takes its place in the GST exemption before moving into Section 11 provisions of the CGST ACT.   GST EXEMPTION – EXEMPT SUPPLY Exempt supply, under GST, means the distribution of products and services that are not tax-consuming. Since we all know that GST is focused on supply, GST cannot attract GST despite the trigger. The tax credit charged for input in connection with these materials is obviously not available for use and the GST liability will not be excluded. To put into simple words, the following are three types of supply which are considered as

  Composition Levy under GST – Goods and Services Tax GST is an indirect tax used in India on the delivery of goods and services (goods and services tax). The Indian government entered into force on 1 July 2017. Tax on goods and services is divided into five tax burdens for collection of tax – 0%, 5%, 12%, 18% and 28%. Petrol, alcoholic, and energy goods, however, are not subject to GST levy. This tax substituted the current various taxes imposed by the state and central governments. GST prices rise for everyday products while the rates for luxury goods are reduced. GST ID Number is a special 15 digit number given by the PAN of a company to companies registered in the framework of GST. The composition levy is a tax levy system planned for small taxpayers with revenues of up to Rs. 1,5 crore. Small taxpayers are forced to pay a flat tax, irrespective of their production, supply or trade. In Northeastern countries and hill countries, such as Sikkim and Himachal Pradesh, the limits of GST

Many students might be fascinated by a lesson on criminal law at CS Executive level. Will a corporate secretary have to deal thoroughly with criminal law in his professional competence? The reply is no. With respect to every substantive law other than corporate laws, the lesson deals with the fundamental understanding that an expert should have knowledge of. Every individual student is always involved in the comprehensive practice.   With reference to the Criminal Procedure Code, 1973 (CrPC Act), it gives only some light in its executive curriculum for students with relative procedural legislation restricted to the defense against the liability of directors, secretaries, managers or other senior managers in various corporate and industrial laws of criminal offenses.   The subject of the 1973 Code of Criminal Procedure (CrPC Act) now becomes known as the Rule of Consolidation and Modification. The formulation of laws concerning the process to be used to arrest the suspects, prosecute th

How to Prepare CS Executive Tax Laws and Practice - Tips and Tricks || CS Executive Online Classes Tax Laws and Practice – A  tax  might be characterized as ” a mandatory extraction made by the focal government from the overall population. It is a monetary charge forced on people or lawful substances by the public authority in accordance with its authoritative position. Assessment is an assortment of cash from the general population for the public reason enforceable by law and it isn’t for the installment of some other reevaluation. It is one of the significant wellsprings of income of the public authority. It assumes a significant function in the development and advancement of the nation’s economy framework and different offices.   An  income tax  is a duty that legislatures force on pay created by organizations and people inside their locale. By law, citizens must record a personal assessment form every year to decide their expense commitments. Annual expenses are a wellspring of in

  CS Executive Entrance Test | Exam Pattern, Eligibility, Fees, and all details. Secretary of the Council of Institutions of the Company for the exercise of reserve powers as per sub-section (a) (a) of section 15 of the Company Secretaries Act, 1980 Amendment to the Company Secretaries (Amendment) Act, 2006 reads Regulation 20 (1) (ii) The Company Secretary (Amendment) Rules, 2020 approved the course of the Company Secretary Executive Entrance Examination (CSEET).  All candidates are required to pass the  C S  Executive Entrance Test  (CSEET) to register with CS. Executive programs, except for certain candidate categories, with effect from, 3 February 2020. With the introduction of  CSEET , new registrations of the Foundation Program have been abolished Present. To know More About |Exam Pattern, Eligibility and Fee Subscribe Our Youtube Channel.  You Can Also Visit Our Website  www.takshilalearning.com  For  More Detail On CSSET and CS Executive Online Classes Here, at Takshila Learni