GST Council finalises tax rates for remaining items, States agree to July 1 rollout
As per sub-section (1) of section 10, the registered person, whose aggregate turnover in the preceding financial year did not exceed fifty lakh
A DETAILED ANALYSIS ON SECTION 1 -APPLICABILITY OF CGST ACT, 2017. WHY CGST ACT, 2017 IS NOT APPLICABLE TO JAMMU & KASHMIR.
Shifting of existing Input Tax Credit on Closing Stock in GST - As per Transition Provision U/S 140(3) of CGST Act 2017.
GST finally would be implemented from 1st July 2017. This is a big & long awaited tax regime in India which will contribute all indirect taxes come under one roof
As per section 140(2) of the GST Act company shall be allowed to carry forward the unavailed CENVAT credit on capital goods not carried forward in return for t
How many times you visited a Restaurant and got amazed by the taxes there on and not amazed by the actual amount of bill.
A Strong and well balanced Economy can absorb any big challenges which emerges from big reforms.
SECTION - 140CLAIMING OF ITC(1) Amount of CENVAT credit carried forward in the return relating to the period ending with the day immediately preceding the
IGST Means:"Integrated Goods and Services Tax" (IGST) means tax levied under the IGST Act on the supply of any goods and/ or services in the course of inter-St
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)