GSTR 9C
Adjustments are to be made based on the point of taxation under excise law, State level VAT law and service tax law to arrive at taxable values as pe r the ...
Thu, 13 Jun, 2019 at 6:51 PM
Supply of exempt, zero-rated and non-GST outward supply of goods and/ or services are not liable to GST. In such a scenario, the credit notes issued for cla...
Thu, 13 Jun, 2019 at 6:52 PM
Financial credit notes would not adjust the amount of GST involved in the original tax invoice issued at the time of supply of goods and/ or services. Accor...
Thu, 13 Jun, 2019 at 6:53 PM
A suitable illustration can be taken in the case of construction contracts wherein the contractor is given a contract by a developer for construction of bui...
Thu, 13 Jun, 2019 at 6:55 PM
If the registered person has considered the notice pay recovered from employees as a taxable supply but has not disclosed the same as an income in the Profi...
Thu, 13 Jun, 2019 at 6:57 PM
Yes, one of the cases can be incentives/ rebate received from supplier which is considered as a supply under GST. Incentives/ rebate received from the suppl...
Thu, 13 Jun, 2019 at 6:59 PM
In respect of sale of capital goods, only the profit/ loss arising on the sale of such capital goods is disclosed in the Profit and Loss account. Whereas, t...
Thu, 13 Jun, 2019 at 7:00 PM
As per the transition provisions [Section 142(1)], taxable person is required to consider return of pre-GST inward supplies as an outward supply and raise ...
Thu, 13 Jun, 2019 at 7:01 PM
As per section 143(3) and 143(4) of the CGST Act, where inputs or capital goods are sent to job worker and such goods are not received within the prescribed...
Thu, 13 Jun, 2019 at 7:02 PM
In terms of Rule 96A, it is specified that a registered person would be liable to pay applicable tax along with interest within fifteen days from the follow...
Thu, 13 Jun, 2019 at 7:04 PM