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Taxmann's Analysis | 53rd GST Council Meeting – Detailed Analysis of [50+] Recommendations

Taxmann's Analysis | 53rd GST Council Meeting – Detailed Analysis of [50+] Recommendations
Author: Taxmann
Publisher: Taxmann Publications Private Limited
Total Pages: 62
Release: 2024-06-26
Genre: Law
ISBN:

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The much-awaited 53rd GST Council meeting, held on June 22, 2024, marked a significant milestone in the evolution of the GST system in India. The key focus areas included: ‣ Significant decisions to simplify compliance ‣ Resolving long-pending litigation issues ‣ Creating a more taxpayer-friendly GST environment ‣ Introducing new provisions, such as Section 11A and Section 128A in the CGST Act, providing significant relief to taxpayers across various industries ‣ The government's new approach and commitment to resolving disputes and facilitating trade This article has provided a comprehensive analysis and simplified version of the recommendations and decisions.


Taxmann’s Analysis | 50th GST Council Meeting Recommendations

Taxmann’s Analysis | 50th GST Council Meeting Recommendations
Author: Taxmann
Publisher: Taxmann Publications Private Limited
Total Pages: 42
Release: 2023-07-16
Genre: Law
ISBN:

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The 50th GST Council meeting took place on 11th July 2023 in New Delhi. This meeting stands as a significant milestone, symbolizing the achievements of cooperative federalism and establishing a streamlined tax system known as the Good and Simple Tax (GST). During the meeting, the GST Council made significant decisions regarding longstanding issues aimed at enhancing transparency in the tax regime and facilitating business operations. Major decisions include: ‣ Taxability of online gaming, race courses and casinos ‣ Government’s stand on ISD vs Cross Charge mechanism ‣ Measures for streamlining compliances under GST ‣ Few Administrative changes ‣ Approval of GST Appellate Tribunal and its effective implementation In this article, the Taxmann Advisory & Research Team has provided a comprehensive analysis and simplified version of the recommendations and decisions.


Taxmann’s Analysis | 51st GST Council Meeting Recommendations

Taxmann’s Analysis | 51st GST Council Meeting Recommendations
Author: Taxmann
Publisher: Taxmann Publications Private Limited
Total Pages: 12
Release: 2023-08-05
Genre: Law
ISBN:

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The 51st GST Council meeting took place on 2nd August 2023, via video conferencing in New Delhi. The discussions were held on the necessary amendments and language changes required in the GST law. Major decisions include: ‣Taxability of online gaming, horse racing and casinos ‣Specific amendments to the CGST and IGST Acts were finalized despite concerns from certain states ‣Review the amendments after six months and aims to expedite the approval process during the Monsoon session for changes to be implemented by October 1, 2023 This article has provided a comprehensive analysis and simplified version of the recommendations and decisions.


The Nature and Sources of the Law

The Nature and Sources of the Law
Author: John Chipman Gray
Publisher:
Total Pages: 366
Release: 1909
Genre: Jurisprudence
ISBN:

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Strengthening India's Intergovernmental Fiscal Transfers

Strengthening India's Intergovernmental Fiscal Transfers
Author: Abdul D. Abiad
Publisher: Asian Development Bank
Total Pages: 240
Release: 2020-12-01
Genre: Political Science
ISBN: 9292623273

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This publication assesses India’s fiscal federalism framework and presents recommendations to strengthen the country’s fiscal framework that include a combination of unconditional, specific purpose and performance-based transfers. A mechanism for allocating performance-based grants to Indian states is proposed based on improvements in governance index. The publication also contributes to a deeper understanding of decentralization reforms across Asian countries. It synthesizes learnings from the experiences of Australia, Indonesia, Japan, the People’s Republic of China and the Republic of Korea on the design of intergovernmental fiscal transfer systems and the use of performance-based transfers for promoting subnational governance and outcomes in social sectors such as education and health.


Indian Fiscal Federalism

Indian Fiscal Federalism
Author: Y.V. Reddy
Publisher: Oxford University Press
Total Pages: 304
Release: 2018-12-27
Genre: Political Science
ISBN: 0199097046

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Likening fiscal federalism to a game between the Union and the States, and among the States themselves, Indian Fiscal Federalism lays bare the complex rules of play. It examines the pivotal role of Finance Commissions and assesses momentous events since 2014, such as the replacement of the Planning Commission by NITI Aayog, the emergence of the GST Council, and the controversies surrounding the Fifteenth Finance Commission. States, and among the States themselves, Indian Fiscal Federalism lays bare the complex rules of play. It examines the pivotal role of Finance Commissions and assesses momentous events since 2014, such as the replacement of the Planning Commission by NITI Aayog, the emergence of the GST Council, and the controversies surrounding the Fifteenth Finance Commission. A contemporary, timely, and comprehensive analysis of fiscal federalism in India, this practitioners’ perspective is a must-read for all those interested in the subject.


Central Sales Tax - Law & Practice

Central Sales Tax - Law & Practice
Author: V. S. Datey
Publisher:
Total Pages: 536
Release: 2009-07-01
Genre:
ISBN: 9788171946068

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A Comprehensive And Authentic Commentary On Law Relating To Central Sales Tax *Objects And Basic Scheme Of Central Sales Tax Act *Consitutional Background Of Cst *Inter-State Sale *Inter-State Sale By Transfer Of Documents *Stock Transfer//Branch Transfer *Sale Outside The State *Goods Under Cst Act *'Sale' Under Cst Act *Deemed Sales Under Cst Act *Goods Involved In Works Contract *Dealer Under Cst Act *'Business' Under Cst *State Relevant To A Delaer *Quantum Of Cst Payable *Goods Eligible For Registration By Dealer *Exemptions From Cst *Sale In Course Of Export *Sale In The Course Of Import *Goods Of Special Importance *Procedures Under Cst Act *Appeals And Penalty Under Cst Act *State Level Vat *Goods And Service Tax


Women in Combat

Women in Combat
Author: Congressional Research Service
Publisher: Createspace Independent Publishing Platform
Total Pages: 44
Release: 2017-01-09
Genre:
ISBN: 9781542450041

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Over the past two decades of conflict, women have served with valor and continue to serve on combat aircraft, naval vessels, and in support of ground combat operations. The expansion of roles for women in the Armed Forces has evolved since the early days of the military when women were restricted by law and policy from serving in certain occupations and units. Women have not been precluded by law from serving in any military unit or occupational specialty since 1993 when Congress repealed the remaining prohibitions on women serving on combatant aircraft and vessels. However, Department of Defense (DOD) policies have prevented women from being assigned to units below brigade level where the unit's primary mission was to engage directly in ground combat. This policy barred women from serving in infantry, artillery, armor, combat engineers, and special operations units of battalion size or smaller. On January 24, 2013, then-Secretary of Defense Leon Panetta rescinded the rule that restricted women from serving in combat units and directed the military departments and services to review their occupational standards and assignment policies and to make recommendations for opening all combat roles to women no later than January 1, 2016. On December 3, 2015, Secretary of Defense Ashton Carter ordered the military to open all combat jobs to women with no exceptions. This most recent policy change followed extensive studies that were completed by the military departments and by the Special Operations Command (SOCOM) on issues such as unit cohesion, women's health, equipment, facilities modifications, propensity to serve, and international experiences with women in combat. These studies also included a review and validation of gender-neutral occupational standards for combat roles where such standards existed. On March 10, 2016, Secretary Carter announced that the Services' and SOCOM's implementation plans for the integration of women into direct ground combat roles were approved. Some concerns about the implementation of the new policy remain, including the recruitment, assignment, and career management of women into the new roles, and the impact of integration on unit readiness. Congress has oversight authority in these matters, and may also consider issues such as equal opportunity, equal responsibility (such as selective service registration), and the overall manpower needs of the military.


Noisy Boats

Noisy Boats
Author: Priddy Books Staff
Publisher:
Total Pages: 10
Release: 2010
Genre: Boats and boating
ISBN: 9781849152815

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BOARD BOOK. Pages feature bright illustrations of favourite tractors and trains, with simple text to listen to or read. Each book has an integral sound button for little fingers to press, so that children can hear sounds like the tractor's engine or the train's whistle. Encourage speaking skills, help to develop handeye coordination and build early vocabulary.


Central Excise Law & Practice

Central Excise Law & Practice
Author: V S Datey
Publisher:
Total Pages: 1195
Release: 2009-06-01
Genre:
ISBN: 9788171945702

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Division One: Liability of Excise Duty Background of Indirect Tax Law Liability of Central Excise Duty Excisable Goods Manufacture and Production Case Law on "Manufacture" Deemed Manufacture Manufacturer Classification of Goods Principles of Classification Division Two: Valuation in Central Excise MRP Based Valuation Transaction value in Excise Inclusions/Exclusions in Transaction value Bought out Goods, Accessories for Valuation Valuation Rules Sale to a "Related Person" Division Three: Procedures in Central Excise Background of Procedures in Excise Basic Procedures in Central Excise Export and Central Excise Other Excise Procedures Division Four: CENVAT Introduction to CENVAT Input Goods for CENVAT CENVAT Credit of Input Service CENVAT Credit of Duty Paid on Capital Goods Utilisation of CENVAT Credit Duty paying documents for CENVAT Dealer's Invoice for CENVAT Exempted Goods/Output Services Removal of Input, Capital Goods and Waste Procedures and Records for CENVAT Miscellaneous Provisions of CENVAT Accounting, Inventory Valuation and CENVAT Division Five: Exemptions to SSI Excise Concession to SSI Procedural and other Concessions to SSI Branded Goods and SSI Clubbing of Clearances of SSI Division Six: Assessments, Demands Assessment Demands of Excise Duty Demands for Suppression, Misstatement or Fraud Demand for Shortages and Clandestine Removal Interest for Delayed payment of Duty Recovery of Dues Division Seven: Other Topics in Central Excise Refund of Duty Exemption from Duty Interpretation of Exemption Notification Captive Consumption Job Work under Central Excise Other Topics in Central Excise Adjudication and Penalties Appeals in Central Excise