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Updates


Applicability of GST on Bitcoin?

To say that bitcoin is quite the rage would be an understatement. The crypto currency has gone through numerous highs of late and as a result more people seem to ...

CH International Conference Update : Dubai

As the India members of CH International Arkay & Arkay had the pleasure of attending a very well organized conference in… Posted by Arkay & Arkay, Chartered Accountants on Wednesday, December …

GST tweaked again | 22nd GSt council meeting outcomes

Changes in the functioning of Composition Levy For taxpayers under the Composition Scheme, annual applicable aggregate turnover shall be increased to Rs. 1 crore ( this was previously Rs. 75 …

GST : Input tax Credit explained

Input Tax Credit, popularly known as ITC, is a highlight of GST India from its very inception. It is designed to bring Goods and Services Tax (GST) “a seamless flow …

How to furnish letter of undertaking (LUT)/Bond under GST

  The main purpose of Bond or Letter of Undertaking (LUT) is to prevent Cash Outflow from pocket of exporter.‘Export’ and ‘Supply to SEZ units’ is collectively termed as “Zero …