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Gst to apply on land lease, rent, emis for buying of houses under construction
Come 1 july and leasing of land renting of buildings as well as equated monthly instalments emis paid for purchase of underconstruction houses will start attracting the goods and services tax gst. sale of land and buildings will be however out of the purview of gst the new indirect tax regime. such transactions will continue to attract the stamp duty according to the legislations finance minister arun jaitley introduced in the lok sabha for approval. electricity has also been kept out of the gst ambit. gst which the government intends to roll out from 1 july 2017 will subsume central excise service tax and state vat among other indirect levies on manufactured goods and services. the central gst cgst bill one of the four legislations introduced states that any lease tenancy easement licence to occupy land will be considered as supply of service. also any lease or letting out of the building including a commercial industrial or residential complex for business or commerce either wholly or partly is a supply of services as per the cgst bill. the gst bills provide that sale of land and sale of building except the sale of under construction building will nether be treated as a supply of goods nor a supply of services. thus gst cant be levied in those supplies.
Pf deduction - they are deducting pf amount from my bill after adding gst amount
I am subcontractor in l&t construction mumbai supplying labour for construction work. they are deducting pf amount from my bill after adding gst amount i want to know is this right. bill amount. 327004.00 gst 18 58860.00 total 385685.00 deduction pf 29604.00
Builidng plan approval refused by panchayat president
Dear friends when we submit further addition of building plan approval to the village panchayat president he refuses to grant permission. in this situation who is the next level of approving person apart from village president ? can any body help me in this regard thanks & regards p. sivaguru
Think+++++++++++++
Father : "i want you to marry a girl of my choice" son : "i will choose my own bride" father : "but the girl is bill gatess daughter." son : "well in that case...ok" next father approaches bill gates. father : "i have a husband for your daughter." bill gates : "but my daughter is too young to marry" father : "but this young man is a vicepresident of the world bank." bill gates : "ah in that case...ok" finally father goes to see the president of the world bank. father : "i have a young man to be recommended as a vicepresident." president : "but i already have more vice presidents than i need" father : "but this young man is bill gatess soninlaw." president : "ah in that case...ok" this is how business is done moral: even if you have nothingyou can get anything. but your attitude should be positive think ve
Nice story– have an positive attitude
Father: i want you to marry a girl of my choice son: i will choose my own bride father: but the girl is bill gatess daughter. son: well in that caseok next father approaches bill gates. father: i have a husband for your daughter. bill gates: but my daughter is too young to marry father: but this young man is a vicepresident of the world bank. bill gates: ah in that caseok finally father goes to see the president of the world bank. father: i have a young man to be recommended as a vicepresident. president: but i already have more vice presidents than i need father: but this young man is bill gatess soninlaw. president: ah in that caseok this is how business is done moral: even if you have nothing you can get anything. but your attitude should be ve hey friends dont ask me in reply whether bill gates has a daughter i dont know either
Business ethics......... must read
Hi all... enjoy below the business ethic.. and be ve always.. btw its my blood group.. :lol: :lol: :lol: 8 8 have a good day father: i want you to marry a girl of my choice son: 'i will choose my own bride' father: 'but the girl is bill gates s daughter.' son: 'well in that case...ok' next day father approaches bill gates. father: 'i have a husband for your daughter.' bill gates: 'but my daughter is too young to marry' father: 'but this young man is a vicepresident of the world bank.' bill gates: 'ah in that case...ok' finally father goes to see the president of the world bank. father: 'i have a young man to be recommended as a vicepresident. ' president: 'but i already have more vice presidents than i need' father: 'but this young man is bill gates s soninlaw.' president: 'ah in that case...ok' this is how business is done moral: even if you have nothing you can get anything.. but your attitude should be ve... 8 8 8 8 :d 8 regards amit seth.