Detail Note on Inter-Branch Transfer of Expenses.
The Input Service Distribution is self explanatory that distributing the credit on common invoices pertaining to input services only and not goods (inputs or capital goods).
A) Background:- 1) The GST Council, at its 37th meeting held at Goa on 20th September, 2019 approved the introduction of E Invoicing System. Accordingly t...
In this article we will discuss the GST Implication on Bad Debts. Bad debts are not allowed for the reduction in GST liability.
What is Lottery Tickets 'Lottery tickets', is actionable claim and is classified as 'Goods', under GST. However as per Schedule III Actionable Claim is neither supply of Goods nor Supply of Service, but Lottery Tickets is exception.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English