pds tutorials

The arrested person will be informed about the grounds of his arrest in writing. He will be produced before the magistrate within 24 hours in case of cognizable offence. In case of non cognizable offence he will be released on bail immediately after the arrest.

Offences u/s 132 where arrest provisions become applicable are:-

1. A person supplies any goods/services without any invoice or issues a false invoice with a intention to evade Tax.

2. He issues any invoice or bill without supply of goods/services in violation of the provisions of GST leading to wrongful availment or utilization of input credit or refund of Tax.

3. Avail input credit on the bills or invoices on which there will no supply of Goods and Services as mentioned in Para -2.

4. He collects any GST but does not submit it to the government within 3 months. All these cases are related to evasion of Tax.

Monday, June 5, 2017

STATE BOARD MH SSC result 2018-19

click on this link to see ur result
enter whole ticket number followed by Password(mother name)

http://mahresult.nic.in/

All the Best to all

To fill 11th online admission click on this link

👇🏻👇🏻👇🏻
http://mumbai.11thadmission.net

after login click on student login

online Help to fill form

Part A(Application form)

https://youtu.be/hgDqBhIUJw0

Part B(option form)

https://youtu.be/1drWIFvr2kU

Thank you all for visiting👍👍👍👍

Sunday, May 21, 2017

GST Real winners and losers

Automobiles

1. All automobile except tractor (12%) will attract a rate of 28% as opposed to current CST and NCCD of 28%-31%.

2. SUV may drop by 6-10%.

3. Luxury cars to be cheaper at a rate of 43% against the current rate of 55%.

Stocks to watch: Maruti, Eicher Motors, Hero Moto, Bajaj Auto and TVS Motor.

“ The tractor makers were amongst the handful, lobbying for being taxed under GST given the loss on account of excise duty and service tax credits on most of its procurements.”
Amit Sarkar, Partner & Head, Indirect Tax, BDO India

Cigrattes

1. Along with GST rate at 28%, the effective tax would be around 55-60%.

2. Wide range of tax rates prevalent in different states are to be removed.

Stocks to watch: ITC, VST and Godfrey Phillips

White goods

1. ACs, refrigerators and water heaters would attract a higher tax rate.

2. Lower tax to be applied on cookers.

3. Tax slab for sanitary ware, faucets and tiles would be higher at 28% from 18-14%

Stocks to watch: Blue Star, Voltas, Havells, Whirlpool, V-guard, TTK, Prestige, Cera, HSIL, Kajaria and Somany.

Fast-moving consumer goods (FMCG)

1. Soaps, toothpaste, hair oil and malted beverages price is likely to fall by 5-6%

2. Detergent, shampoo, skin cream, chocolate prices may go up.

Stocks to watch: Colgate, Pidilite, Godrej Consumer, HUL, Dabur, Nestle, Varun Beverages and Britannia

Paints

To attract a rate of 28% as opposed to current rate of 24-25%.

Stocks to watch: Asian Paints, Berger, Shalimar, Kansai Nerolac and Akzo Nobel.

Metals and Mining

1. Duty on coal would be reduced to 5% from the current 12% rate.
Lower prices to attract power producers away from imported coal.

2. Lower tax on metal ore.

Stocks to watch: Coal India, GMDC, JSW Steel, Tata Steel, Hindalco and Vedanta

Telecom and financial services

GST rate of 18% for the telecom may appear higher as against the current service tax rate of 15%.
However, these sectors are likely to derive substantial benefits on the input credit front given the eligibility of credit on the goods, which was not the case under the current regime.

Stocks to watch: Bharti Airtel, Idea, Reliance Communications