BayofBasics

VISAKHAPATNAM: In major relief to property buyers, especially apartments, Goods and  Sales Tax  ( GST ) authorities have warned realtors and construction companies of punitive action if they do not pass on the benefits of input tax credit to the buyers by reducing the prices. N Srujan Kumar, GST commissioner, Vizag, told TOI that the  Central Board of Excise and Customs  at Delhi and its offices in various states have received several complaints that people who have booked flats and made part payment were asked to pay a higher tax for instalments paid after July 1, 2017. for more details https://timesofindia.indiatimes.com/city/visakhapatnam/gst-relief-for-home-buyers-realtors-warned/articleshow/62004279.cms

After slashing the GST rates of over 200 items last month, the government today hinted at reviewing levies on the items in the top 28 per cent tax bracket.  On November 10, the GST Council, headed by Finance Minster Arun Jaitley, had lowered Goods and Services Tax (GST) rates on over 200 items, ranging from chewing gum to chocolates, to beauty products, wigs and wrist watches.  As many as 178 items of daily use were shifted from the top tax bracket of 28 per cent to ..  Read more at: //economictimes.indiatimes.com/articleshow/62000816.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

If you want to turn a photo into a painting, adding sketch lines can make the effect look more realistic. To do so, duplicate your layer then go to  Filter>Stylise>Glowing Edges , then invert the colours, desaturate and use the Darken or Multiply Blend Mode.

If you're working with multiple layers and you want to view one layer on its own, there's no need to hide all the others manually, simply hold down Alt and click the Eye icon of a layer to make every other layer invisible. Hold down Alt and click again to reveal them.

Mastering these shortcuts will help you work smarter, save time. Cmd/Ctrl+Shift+Alt+E  will merge a copy of all Layers F  Cycle through workspace backgrounds X  Change your foreground and background colours D  Reset foreground and background colours to black and white ]  and  [  Change your brush tip size Cmd/Ctrl+J  Duplicate a layer or selection Space Bar  Hold Space and drag to navigate around the image TAB  Hides or shows all panels and tools Cmd/Ctrl+T  Transform a layer Cmd/Ctrl+E  Merge selected layer down, or merges several highlighted layers Cmd/Ctrl/Ctrl+Shift+Opt+S  Save for web & devices Cmd/Ctrl+L  Bring up levels box Cmd/Ctrl+T  Open Free Transform tool Cmd/Ctrl+M  Open Curves Cmd/Ctrl+B  Edit Colour Balance Cmd/Ctrl+Shift+Opt+C  Scale your image to your preferred state Cmd/Ctrl+Opt+G  Create clipping mask Cmd/Ctrl+0  Fit on screen Cmd/Ctrl+Shift+...

When zoomed in close, hold down  H  and drag in the image to instantly dart out to full screen then jump back to another area. One of the best Photoshop tips for viewing work!

There's a really easy way to overlay an image on top of text. Drop an image layer over a type layer then hold down  Alt  and click the line between the two layers in the Layers Panel to clip the image to the text.

There is no requirement to file separate refund for IGST paid on export of goods. The Shipping Bills filed by the taxpayer itself is treated as the refund application and the refund amount is processed and paid to the taxpayer if the following conditions are fulfilled. 1. GSTR 3B for the relevant tax period should have been filed. 2. Form GSTR-1 for the month of July or Table 6A of GSTR - 1 for subsequent months must be filed. 3. Shipping bill no. & date & other details should be mentioned in Table 6A of GSTR - 1. 4. IGST amount to be paid should be shown under  Table 3.1(b) of  GSTR 3B which must be equal or greater than the IGST amount shown tto be paid under Table 6A GSTR 1. 5. The invoice details given under GSTR 1 / Table 6A of GSTR 1 and given under shipping bill should be same.

GST RATE SERVICES GST RATE GOODS

The  Goods and Service Tax (GST) Council has reduced the  GST rates on 18 handicrafts items which include items like idols of clay, wood, stone, metals, table and kitchenware, paper machie articles, stone inlay work, statues, worked ivory, bone, shell horn items, cotton quilts, brooms and brushes and some natural fibre products. This was informed by the Export Promotion Council for Handicrafts (EPCH), a nodal agency for promotion and development of handicrafts exports from the country, in a press statement recently. On items like idols of clay GST has been reduced from 28 percent to 12 percent. Also people with idol business of worth Rs 20 lakhs do not need to register with GST. Only 5 percent tax on cotton quilts worth up to Rs 1000. Cotton quilts worth more than that will be levied 12 percent tax. And 5 percent tax which was levied on cotton sports has been removed. EPCH has been regularly representing to the GST Council various measures which are required to be t...

Online Aadhaar linking via NVSP Portal: Step 1:  Visit the India govt's NVSP portal -  http://www.nvsp.in Step 2:  Enter your credentials - state, district, name, date of birth and father's name Step 3:  After filling all the details, click on the "Search" button. If the details entered by you are correct, your details will appear Step 4:  Click "Feed Aadhaar No." option. You will find it on the left-hand side of the page. Step 5:  Once you click enter, a pop-up page will appear where you will have to fill in your name, Aadhaar number, EPIC number, registered mobile number and or registered email address. Step 6:  After entering all the details, click on "submit" Step 7:  After clicking “submit”, a message will appear on screen stating that your application has been registered successfully. Also Read: After real estate, govt makes Aadhaar mandatory for pension scheme Aadhaar linking via SMS: You can send an SMS to 166 OR...

What is a Bitcoin?   It’s not a coin, but a code or a virtual token that can be freely transferred from one user to another through a secured network. Bitcoin is the most popular cryptocurrency.  Where do you buy in India?   There are about 11 trading platforms in India to buy Bitcoins. Those include Unocoin, Zebpay, Coinsecure, Coinmama, LocalBitcoins, Bitcoin ATMs.  Is it too expensive to buy?   Globally, the cryptocurrency surged past $11,000 to hit a record high on Wednesday. In rupee terms, it recently touched Rs 8.6 lakh per unit.  Where can Bitcoins be used in India?   As of now, there aren’t many avenues to use Bitcoins in India. But ecommerce players such as Flipkart, Amazon and MakeMyTrip run voucher programmes for people using Bitcoin exchanges, but they do not accept payment in Bitcoins. Many a time, exchanges convert Bitcoin into normal currency.  How many Bitcoins are traded in India currently?   Bitcoin trading ...

A panel of industry representatives is set to recommend a fresh set of changes in the goods and services tax  ( GST ) to make life easier for businesses. The government has already undertaken massive changes, including pruning the list of items in the highest bracket of 28% to 50 from over 200 products earlier. While several changes have been brought as temporary relief measures, such as quarterly filing of returns, the panel wants them to be made permanent. This is in addition to suggesting simplification of forms, an issue that is also being dealt with by a committee headed by GST Network  chairman A B Pandey. At the same time, the committee wants an overhaul of the architecture, beginning with an extension of the composition scheme to services, a benefit that is currently available to small traders, manufacturers and restaurants. The scheme provides for a lower tax liability and a lower compliance burden but does not allow input tax credit on taxes paid ear...

IMPORTATN DEADLINES SERVICE DEADLINE FOR  CONSEQUENCES OF LINKING WITH AADHAR NOT-COMPLIANCE                 PAN DEC 31 2017    IT RETURNS WILL NOT BE PROCESSED BANKING DEC 31 2017  ACCOUNTS WILL BE BLOCKED   MUTUAL FUNDS DEC 31 2017    ACCOUNTS WILL BE NON OPERATIONAL INSURANCE DEC 31 2017    POLICIES WILL BE INACCESSIBLE POLICIES               POST OFFICE DEC 31 2017    ACCOUNTS WILL BE BLOCKED   SCHEMES               TELECOM FEB 28 2018   NUMBER WILL BE DEACTIVATED SOCIAL BENEFIT  MARCH 31 2018 ACCESS TO BENFITS WILL BE    LPG,PENSIONS     ...

Google on Thursday introduced its new  Datally  app, which lets you monitor and save mobile data. It's available in the Google Play store for any Android phones running Android 5.0 Lollipop or newer.  You can see your usage on an hourly, daily, weekly or monthly basis and get recommendations for how you can save more. To save data, you can turn on the Data Saver feature to block background data usage and track consumption in real time. The app also will alert you when public Wi-Fi is nearby. FEATURES   Learn about the best ways to gain control of your data usage ●  DATA SAVER   - Save up to 30% of mobile data* through controlling data usage on an app-by-app. Control and limits data on specific apps while still enjoying the apps you want ●  DATA SAVER BUBBLE  - Front and center controls allow you to see real-time app data usage, and block an app’s data usage if things get out of control UNDERSTAND YOUR USAGE Easily track your data and unders...