a) Simple petty cash book andb) Analytical petty cash-book. Petty Cash Book 1.) SIMPLE PETTY CASH BOOK:- A simple petty-cash book is written just like the cash book. The amount received by the petty cashier from the head cashier is recorded on the debit side of the petty-cash book and payment on the credit side of the petty cash-book. Expenses account is individually debited in the ledger. 2.) AN ANALYTICAL PETTY CASH BOOK:- An Analytical petty cash book is employed by a large concern having a number of transactions of petty amount such petty....

Points to be noted about Eway Bill Every registered person should furnish details of goods in Part A of EWB01, when the value of goods exceeds Rs.50000/-Necessary for all the supplies (sale), transfers, job work, export/import, sales return and also inward supply from an unregistered personAfter giving details of Part B of EWB-01, eway bill can be generatedPart A contains details of GSTIN of recipient, Place of delivery, Invoice/Challan number, date, value of goods, HSN, reason (sale/job work) and Consignment Number/receiptPart B contains details of Vehicle numberOptional for value of goods less than Rs....

She is one of those princesses who will never go on to become Queen. She is the only daughter of Queen Elizabeth second. She is the sister of Future King Charles. Also check Ronald Reagan Net Worth, Al Gore Net Worth. She is one of those Royal ladies who chose her own way and That’s why she got married to a person without any Royal lineage. Yes, you got it, right....

Procedure for distribution of input tax credit by Input Service Distributor: An Input Service Distributor shall distribute input tax credit in the manner and subject to the following conditions, namely,- (a) the input tax credit available for distribution in a month shall be distributed in the same month and the details thereof shall be furnished in FORM GSTR6in accordance with the provisions of Chapter VIII of these rules;(b)the Input Service Distributor shall, in accordance with the provisions of clause (d), separately distribute the amount of ineligible input tax credit (ineligible under the provisions of sub-section (5) of section 17 or otherwise) and the amount of eligible input tax credit;(c) the input tax credit on account of central tax, State tax, Union territory tax and integrated tax shall be distributed separately in accordance with the provisions of clause (d);(d) the input tax credit that is required to be distributed in accordance with the provisions of clause (d) and (e) of sub-section (2) of section 20 to one of the recipients ‘R1’, whether registered or not, from amongst the total of all the recipients to whom input tax credit is attributable, including the recipient(s) who are engaged in making exempt supply, or are otherwise not registered for any reason, shall be the amount, “C1”, to be calculated by applying the following formula –...

Filmmaker Robert Downey Sr. Dies at 85 after losing to Parkinson’s for more than five years. The senior director died in peace at his home while sleeping in Newyork. The news broke recently and we all are saddened by the going of the veteran filmmaker. Robert Downey sr. ‘s statement on his father’s death. Hollywood actor Robert Downey Jr. stalled after learning of the death of his father, accomplished filmmaker Robert Downey Sr....

Section 1 of IGST – Short title, extent and commencement (1) This Act may be called the Integrated Goods and Services Tax Act, 2017. (2) It shall extend to the whole of India except the State of Jammu and Kashmir. (3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint: Provided that different dates may be appointed for different provisions of this Act and any reference in any such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision....

Section 124 of GST – Fine for failure to furnish statistics Statutory provision If any person required to furnish any information or return under section 151, — (a) without reasonable cause fails to furnish such information or return as may be required under that section, or(b) wilfully furnishes or causes to furnish any information or return which he knows to be false, he shall be punishable with a fine which may extend to ten thousand rupees and in case of a continuing offence to a further fine which may extend to one hundred rupees for each day after the first day during which the offence continues subject to a maximum limit of twenty-five thousand rupees....

Other GST Sections List of all sections of UTGST Act 2017 List of all sections of GST, All Sections of CGST Act 2017 List of all sections of IGST Act 2017, All Sections Union Territory GST Section 19 of UTGST – Transitional provisions relating to job work (1) Where any inputs received at a place of business had been desptached as such or desptached after being partially processed to a job worker for further processing, testing, repair, reconditioning or any other purpose in accordance with the provisions of existing law prior to the appointed day and such inputs are returned to the said place on or after the appointed day, no tax shall be payable if such inputs, after completion of the job work or otherwise, are returned to the said place within six months from the appointed day: Provided that the period of six months may, on sufficient cause being shown, be extended by the Commissioner for a further period not exceeding two months: Provided further that if such inputs are not returned within a period of six months or the extended period from the appointed day, the input tax credit shall be liable to be recovered in accordance with the provisions of clause (a) of sub-section (8) of section 142 of the Central Goods and Services Tax Act....

Section 29 of GST – Cancellation of registration (1) The proper officer may, either on his own motion or on an application filed by the registered person or by his legal heirs, in case of death of such person, cancel the registration, in such manner and within such period as may be prescribed, having regard to the circumstances where,– (a) the business has been discontinued, transferred fully for any reason including death of the proprietor, amalgamated with other legal entity, demerged or otherwise disposed of; or(b) there is any change in the constitution of the business; or(c) The taxable person is no longer liable to be registered under section 22 or section 24 or intends to opt out of the registration voluntarily made under subsection (3) of section 25....

Section 46 of GST – Notice to return defaulters Where a registered person fails to furnish a return under section 39 or section 44 or section 45, a notice shall be issued requiring him to furnish such return within fifteen days in such form and manner as may be prescribed. Related provisions of the Statute: Analysis and Updates Introduction This section applies to all registered persons who fail to furnish return under section 39 or section 44 and includes final return to be furnished in terms of section 45 of CGST Act, 2017....

Section 92 of GST – Liability of Court of Wards, etc Where the estate or any portion of the estate of a taxable person owning a business in respect of which any tax, interest or penalty is payable under this Act is under the control of the Court of Wards, the Administrator General, the Official Trustee or any receiver or manager (including any person, whatever be his designation, who in fact manages the business) appointed by or under any order of a court, the tax, interest or penalty shall be levied upon and be recoverable from such Court of Wards, Administrator General, Official Trustee, receiver or manager, in like manner and to the same extent as it would be determined and be recoverable from the taxable person as if he were conducting the business himself, and all the provisions of this Act or the rules made thereunder shall apply accordingly....

Sergio Perez signed with Red Bull Racing for the 2021 season, following his maiden Formula One win at the 2020 Sakhir Grand Prix. Sergio Perez then won the 2021 Azerbaijan Grand Prix with the team and secured the second Formula 1 Grand Prix win of his career. Checkout Charles Leclerc Net Worth. What is Sergio Perez Net Worth? The world’s best Mexican motorsports racing driver “Sergio Pérez” has a net worth of $75 Million....

While we are all super thrilled to ultimately see Alina on her journey, we can’t help but admire what’s next for her and all our beloved cast. Enthusiasts are now waiting for the next season of the show to explain what occurs in Ravka after that mind-blowing end. So will Shadow and Bone renew for a season 2? Here is what we know so far: Shadow And Bone Season 2 Release Date Netflix originals don’t ever air yearly in the same way that web series do....

Here, we will discuss about the Mr. Sidharth Shukla’s acting career, his investments and also most importantly his earnings and net worth. Siddharth Shukla was born on 12 December 1985 in Mumbai. Siddharth has studied as a civil engineer. He also has two elder sisters. Siddharth Shukla is a resident of Allahabad. He did his studies from St. Xavier’s School Fort. Siddharth has also taken a course in interior designing....

He stayed in his house for almost five years. He is pretty good at hockey But he was also a very good student. He got straight A in his school. There was a time in 2007 when he was among Time magazine’s 100 most influential people. He recently became captain of the Pittsburgh Penguin, and he is one of the youngest captains of the NHL team of all time. If that happens, then it will be the highest salary of any hockey player in history....

According to various sources, as of 2022, her annual income is $8 million. The primary source of her income comes through her movies, promotions, advertisement and brand collaborations. In this article, we will give all the details about Sigourney Weaver net worth, income, career, personal life, etc. Also check Gwyneth Paltrow Net Worth, Gemma Chan Net Worth and Megan Fox Net Worth. Sigourney Weaver Net Worth Sigourney has a total net worth of $60 million as of 2022....

Over the years, the scheme was revised to accommodate people involved in fisheries and animal husbandry as well. Earlier, farmers used to borrow high-interest loans from banks or unorganised sectors, which often led them into a debt trap. However, with a Kisan card, farmers can get access to formal credit at much lower interest and security. How to Apply for a Kisan Credit Card Online? All commercial banks, small finance banks, and cooperative banks can provide a Kisan credit card to eligible candidates....

Situations when tax is required to be deducted in GST Is there any threshold exceeding which tax is required to be deducted? Yes. Tax is required to be deducted from the payment made/credited to a supplier, if the value of supply under a contract in respect of supply of taxable goods or services or both, exceeds Rs. 2,50,000/- (Rupees two lakh and fifty thousand). This value shall exclude the taxes leviable under GST (i....

Stephen King’s Net Worth Popular Author Stephen King Net Worth is estimated to be $600 Million dollars. Stephen King’s books has sold million of copies with over $48 million in annual income. Stephen King’s Earnings from Books Stephen King is one of the highest-paid authors in the world. Stephen King’s books have sold more than 350 million copies, and have been adapted into films, television series, miniseries, and comic books. Stephen King has earned millions through his writings and by selling them....

Steve Smith was born on June 2nd, 1989 in Sydney, Australia. His bowling skills were honed under the mentorship of Shane Warne. He is primarily a top-order batsman. Steve Smith considers Australian captain Ricky Ponting as his batting idol, while former leg-spinner Shane Warne is his favorite bowler. Shane Warne has also acted as Steve’s mentor. Steve is a big fan of horse racing and owns shares in four racehorses....