The Central Board of Indirect Tax and Customs (CBIC) has issued a Notification No 01/2019 – Central Tax (Rate) dated 29th January, 2019 to be effective from 1st February, 2019. The said notification has created a lot of confusion amongst the taxpayers regarding the applicability or otherwise, of the much controversial RCM on URD purchases.… Continue reading Simplified! – GST under Reverse Charge (RCM) on purchases from unregistered dealers (URD)
Category: GST
GST compliant business may still be vulnerable to Profession Tax Notices
In continuance to the Government’s efforts to link all the data of the taxpayers, the Maharashtra Profession Tax Department has started issuing e-notices to all the persons who have a Goods and Services Tax Identification Number (“GSTIN”) in Maharashtra but have not yet taken Profession Tax registration, i.e., Profession Tax Enrolment Certificate (“PTEC”) and/or Profession… Continue reading GST compliant business may still be vulnerable to Profession Tax Notices