Section 130 of GST – Confiscation of goods or conveyances and levy of penalty Statutory provision (1) Notwithstanding anything contained in this Act, if any person – (i) supplies or receives any goods in contravention of any of the provisions of this Act or the rules made thereunder with intent to evade payment of tax; or(ii) does not account for any goods on which he is liable to pay tax under this Act; or(iii) supplies any goods liable to tax under this Act without having applied for registration; or(iv) contravenes any of the provisions of this Act or the rules made thereunder with intent to evade payment of tax; or(v) uses any conveyance as a means of transport for carriage of goods in contravention of the provisions of this Act or rules made thereunder unless the owner of the conveyance proves that it was so used without the knowledge or connivance of the owner himself, his agent, if any, and the person in charge of the conveyance,...

Section 16 of GST – Eligibility and conditions for taking input tax credit (1) Every registered person shall, subject to such conditions and restrictions as may be prescribed and in the manner specified in section 49, be entitled to take credit of input tax charged on any supply of goods or services or both to him which are used or intended to be used in the course or furtherance of his business and the said amount shall be credited to the electronic credit ledger of such person....

Section 16 of IGST – Zero rated supply (1) zero rated supply‖ means any of the following supplies of goods or services or both, namely:–– (a) export of goods or services or both; or (b) supply of goods or services or both to a Special Economic Zone developer or a Special Economic Zone unit. (2) Subject to the provisions of sub-section (5) of section 17 of the Central Goods and Services Tax Act, credit of input tax may be availed for making zero-rated supplies, notwithstanding that such supply may be an exempt supply....

Section 168 of GST – Power to issue instructions or directions Statutory provision (1) The Board may, if it considers it necessary or expedient so to do for the purpose of uniformity in the implementation of this Act, issue such orders, instructions or directions to the central tax officers as it may deem fit, and thereupon all such officers and all other persons employed in the implementation of this Act shall observe and follow such orders, instructions or directions....

Section 17 of GST – Apportionment of credit and blocked credits (1)Where the goods or services or both are used by the registered person partly for the purpose of any business and partly for other purposes, the amount of credit shall be restricted to so much of the input tax as is attributable to the purposes of his business. (2)Where the goods or services or both are used by the registered person partly for effecting taxable supplies including zero-rated supplies under this Act or under the Integrated Goods and Services Tax Act, and partly for effecting exempt supplies under the said Acts, the amount of credit shall be restricted to so much of the input tax as is attributable to the said taxable supplies including zero-rated supplies....

Section 174 of GST – Repeal and saving Statutory provision (1) Save as otherwise provided in this Act, on and from the date of commencement of this Act, the Central Excise Act, 1944 (except as respects goods included in entry 84 of the Union List of the Seventh Schedule to the Constitution), the Medicinal and Toilet Preparations (Excise Duties) Act, 1955, the Additional Duties of Excise (Goods of Special Importance) Act, 1957, the Additional Duties of Excise (Textiles and Textile Articles) Act, 1978, and the Central Excise Tariff Act, 1985 (hereafter referred to as the repealed Acts) are hereby repealed....

Section 66 of GST – Special audit as per GST Act (1) If at any stage of scrutiny, enquiry, investigation or any other proceedings before him, any officer not below the rank of Assistant Commissioner, having regard to the nature and complexity of the case and interest of revenue, is of the opinion that the value has not been correctly declared or the credit availed is not within the normal limits, he may, with the prior approval of the Commissioner, direct such registered person by a communication in writing to get his records including books of account examined and audited by a chartered accountant or a cost accountant as may be nominated by the Commissioner....

Section 15K Establishment of SAT The establishment of the SAT would be done by the central government by way of notification can stablish one or more SATs as per the requirement. Currently there is one SAT in Mumbai which the central government has conferred the powers. Section 15L – Composition of SAT A Securities Appellate Tribunal shall consist of one person and two other person which would hold the office. This would be appointed by the central government by way of notification in the official gazette of India....

Snoop Dogg is known for his hardcore rap and his exceptional songs. He created revelation in the early days when his songs were in the mind of every individual. Not only in America in the entire world, but Snoop Dogg is also a massive name. Also check Young Thug Net Worth and Fat Joe Net Worth. Snoop Dogg first came into the limelight in the year 1992, when he became part of a single named Deep Cover....

You can also invest in this digital crypto in just a few minutes. You have to select the right option of buying, and that’s it, follow the procedure and buy the digital coin. The world uses this digital crypto as a payment mode and enjoys its profit. One can quickly generate profit from this digital crypto just a few times only. But you can generate profit only when you contain the appropriate information about the market....

How can I apply for Registration as a Tax Collector at Source?. What are the steps involved in applying for Registration as a Tax Collector (e-commerce) on the GST Portal? For registering yourself as a Tax Collector on the GST Portal, perform the following steps: Access the https://www.gst.gov.in/ URL. The GST Home page is displayed. Click the REGISTER NOW link. Alternatively, you can also click Services > Registration > New Registration option....

Here is a table which shows you the actual tax rate applicable and the corresponding TDS rate applied to Non Resident Individuals for their investment in Indian mutual funds. Check More details for “Tax Implications of Mutual Funds on NRIs Full Guide” from below…… If you like this article then please like us on Facebook so that you can get our updates in future ……….and subscribe to our mailing list ”freely “ Recommended Articles What is Mutual Fund – A Beginner’s GuideTypes or Classification of Mutual FundsForm 16 TDS – Understand Form 16What is Franking ?...

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Taylor Hawkins Net Worth Foo Fighters Drummer Taylor Hawkins has died today. Taylor Hawkins Net Worth at the time of his death is $57 Million dollars with an annual income of over $9 Million. Taylor Hawkins’s Assets & Investments Taylor Hawkins owns over 7 real estate properties, 5 Cars, 2 Luxury Yachts. Taylor Hawkins’s Assets also include Cash reserves of over $17 Million. Taylor Hawkins also owns an investment portfolio of 10 stocks that is valued at $16 Million....

The Economical and Financial Impact of Terrorist Attacks Introduction Major terrorist attacks covered in this Article – World Trade Centre crash in New York, United States of America on 9th November, 2001.Train bombing in Madrid, Spain on 11th March, 2004.Subway blasts in London, England on 7th July, 2005.Gunfire and bomb blasts in Mumbai, India on 26th November, 2008. Airplane crash in new York, 2001 Briff Carried out by the al-Qaeda.2 planes were flown into North and South of World Trade Centre complex in NYC....

The songs “Without You” and “Stay” by The Kid Laroi have also been popular. This article will give all the details about The Kid Laroi Net Worth, income, career, personal life, etc. You may also like Drakeo The Ruler Net Worth. The Kid Laroi Net Worth He is said to earn $35,000 each month. His work in the music industry, including album sales, online streams, and many other things, is his main source of income....

He is also known for working in popular television shows, which have made his name in television. He made his debut on TV in the television show called Mr. & Mrs. Smith, where he played the role of Scooby. Some of the famous movies include Scream 2 and A Man Apart. His other television shows include My Name Is Earl, Curb Your Enthusiasm, Deadwood: The Movie and Curb Your Enthusiasm....

TNEA Admission Dates Here, we are providing a tentative schedule of TNEA 2021 admission: Students can apply for TNEA counselling 2021 after receiving their Random Number in case of a Tie from here. Click here. TNEA Counselling Application Form 2021 Candidates will get the application form through online mode .The TNEA 2021 application form was issued from the 26th July 2021 till 24th august 2021.TNEA Online Registration link will be provided in our website....

For many popular anime series, fans have to wait a lot for its sequel. In the same queue, Tokyo Ravens stands. No updates of its next seasons are there, whether it is terminated or it will be continued. We have compiled some facts to decide the future of subsequent seasons. It got 7.5 ratings on IMDb with the good fan-favorite base Tokyo Ravens was greatly admired by the audience and since then fans were demanding for its next season....

Tom Morello started his career way back in 1979. Later, he co-founded Rage Against the Machine, which became a massive hit during the 90s. Later, he rose to prominence for his phenomenal guitar playing style. Apart from his musical career, he is also associated with politics and is known for his sociopolitical works and activism. Also check Melody Thornton Net Worth. Tom Morello Net Worth Tom Morello is a very successful celebrity in America who has been working in the industry for a very long time....