Search Results for Tag : Turnover

News

Business Having Above 2 Crore Turnover Can File GST Audit Reports: GST Council(16.04.2019)

Taxpayers under Goods and Services Tax (GST) with annual turnover of over Rs 2 crore can now start filing GST audit reports for financial year 2017-18.....

Tags : GST, Audit Reports, Turnover

SEBI Cuts Broker Turnover Fee by 50%(28.04.2020)

Securities and Exchange Board of India has reduced broker turnover fee by 50% of the existing structure from June, 2020 till March, 2021. The Board ha.....

Tags : Securities and Exchange Board of India, Broker Turnover Fee

Calcutta HC: Extra Realisation Due to Adverse Exchange Rate of Rupee Part of Export Turnover(20.05.2020)

Calcutta High Court has held that extra realisation made in rupees for export sale proceeds in foreign exchange due to adverse exchange rate of rupee .....

Tags : Calcutta High Court, Export Turnover

ITAT, Bangalore: Payments in Foreign Currency For Travel Etc. Excludable From Export, Total Turnover(18.05.2017)

ITAT, Bangalore has held that payments made in foreign currency towards foreign travel, telecommunication expenses & ex-pat salary are excludable from.....

Tags : ITAT, Bangalore, Export, Total Turnover

Kerala HC: Discount Received Through Credit Notes Not Part of Taxable Turnover under Kerala VAT Act(23.05.2022)

Kerala High Court has held that the discount received through credit notes is not part of the taxable turnover under the Kerala Value Added Tax Act

Tags : Kerala High Court, VAT, Taxable Turnover

Judgments

Value of work entrusted to sub-contractors or payments made shall not be taken into consideration while computing total turnover(05.09.2016)

Assessee was doing business of engineers and contractors and in this process it, executed projects under contracts with public sector undertakings, lo.....

Tags : Payment, Sub-contractor, Inclusion, Total turnover

Definition of purchase price under Gujarat Value Added Tax Act, 2003 would not include value added tax(02.08.2024)

In present matter, the Respondent dealer calculated the taxable turnover of its purchases within the State of Gujarat by excluding the amount represen.....

Tags : Taxable turnover, Liability, Assessment

CCI penalty on total turnover for collusion set aside(12.04.2016)

The Competition Appellate Tribunal Notifications & Circulars

Central Government notifies those registered persons whose aggregate turnover in a financial year does not exceed two crore rupees(09.10.2019)

In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said A.....

Tags : Registered persons, Turnover, Financial year

SEBI reduces Broker turnover fees and filing fees for issuers(27.04.2020)

In its continuing efforts to help market participants to tide over challenges due to COVID 19, Securities and Exchange Board of India (SEBI) has decid.....

Tags : Turnover fees, Reduction

Exemption of registered person whose aggregate turnover in the financial year 2023-24 is up to two crore rupees, from filing annual return(10.07.2024)

In exercise of the powers conferred by the first proviso to section 44 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Commissioner,.....

Tags : Exemption, Registered person, Turnover

Requirement that all registered companies having a turnover of more than Rs 500 crore as well as CPSE’s shall be on board the Trade Receivable Discounting Platform(02.11.2018)

In exercise of powers conferred by section 9 of the Micro, Small and Medium Enterprises Development Act, 2006 (27 of 2006), the Central Government her.....

Tags : Instructions, Issuance, Turnover, Trade Receivables, Discounting System