Gupta Shome And Associates

Are you also Planning to expand your practice? If so then

Gupta Shome and Associates can be the destination for you!

We are C&AG empaneled and Category-II CA Firm based in Eastern Region having H.O at Kolkata and Branches at Barasat (WB), Durgapur (WB), Siliguri (WB) and Bhubaneswar (Orissa). Now we are planning to expand geographically by 2022 (10 Partners on 10th Anniversary) of the Firm.

We're on the lookout for Practicing CA/Firm for expansion of our firm on Merger/ Profit sharing basis!

Anybody interested can reach us at
[email protected]
+91 9674385167
www.guptashome.com

Happy 9th Anniversary Team GSA.

We would like to thank Almighty, Wellwishers, office staffs, clients, friends & professional connections for being part of the journey.

Long way to go....

Happy CA Day. Proud to be part of the prestigious Fraternity. Partner in Nation building

Jai Jagannath 🙏

Happy 8th Anniversary of GSA. Congratulations Team

Wishing Very happy & Colourful Holi...

Vacancy for articleship training for students of IPCC (one/both) group cleared. Direct entry students can also apply. For more information about the firm click on www.guptashome.com. Work exposure- Bank Audits, Govt Audits, Accounts Finalization, Tax, GST & Stat Audit, I.Tax, GST, ROC

Wishing everyone Happy & Prosperous New Year...

GST Annual Return & Audit Date of F.Y. 2017-18 extended till 31st December, 2019

Happy Deepawali & Kali Puja...

GST ANNUAL RETURN/AUDIT DATE FOR F.Y.2017-18 EXTENDED TILL 30.11.2019

Urgent Requirement!!!

31st July is the Last date to pay Professional Tax Enrolment (yearly) amount without penal interest for the F.Y. 2019-20. Kindly plan accordingly

GST UPDATE:
Key Decisions taken at 36th GST Council meeting held today i.e. 27-07-2019

GST rate on E-Vehicles reduced from 12% to 5%

GST rate on EV Chargers reduced from 18% to 5%

GST Exemption on hiring of electric buses by local authorities.

Extension of CMP 02 (application for composition) from 31.07.19 to 30.09.19

Extension of CMP 08 (Statement by composition taxpayers) from 31.07.19 to 31.08.19

Due date of Income Tax Return filing (Assessee who are non-liable for Tax Audit) extended till 31.08.2019

Happy CA Day to all Respected Fraternity Members

NOTE ON CLAIMING REFUND OF SECURITY DEPOSIT MADE UNDER THE WB VAT ACT, 2003

That under the West Bengal VAT Act, 2003 in terms of Section 26 read with Rule 195 of the WB VAT Rules, 2005 “Security” was required to be furnished at the time of seeking registration under the act. The prevalent security so to be deposited was of Rs. 25,000.

Now in view of applicability of GST and transition of dealers registered under the VAT Act to CGST/ WBGST Act, the registration under the VAT Act and the security so paid at the time of registration has become obsolete.

In view of the above, a refund of the said security can be claimed from the West Bengal VAT authorities in terms of Rule 199 of the West Bengal VAT Rules, 2005.

The procedure for claiming such refund is mentioned hereunder:

by the dealer to the authority to whom such deposit was furnished.
application for refund shall contain all particulars about the dealer and details such as date and mode of furnishing such security.
applicant shall also furnish an undertaking to the effect that particulars given in the application are correct and complete and he/she has no liability to pay tax under the VAT Act and CST for the relevant period and he/she did not adjust the amount of security with any other application or liability.
On receipt of above referred application, the referred security shall be refunded upon verification of details submitted in the above referred application and upon confirmation that the dealer has no outstanding liability under the VAT Act.

Thus, those dealers of whom assessment has been completed for the year 2016-17 and no demand is outstanding, can certainly claim such refund.

Also, claim for refund of similar deposits made under other state VAT statutes can be made as per extant provisions.

Kind Attention:
1st instalment of Advance Income Tax payment for A.Y. 2020-21 due on 15th June...
Plan accordingly to avoid interest

A dream of one became an ambition...
A dream of two become a passion...
A dream of team became a destination...
And that destination for us is
7th Anniversary Celebration at our ....
Thank you for your hard work and Support & for your blessings....
Miles to go before I sleep....
Miles to go before I sleep....

Vacancy for Article Assistants (CA IPCC one/both Group pass) for our Kolkata office. Kindly drop your Resume at [email protected]

Celebration of 7 years of our firm at head office