Articles by CA Suresh Jain

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Decoding TCS on Goods u/s. 206C (1H) w.e.f 01.10.20

CA Suresh Jain 24 September 2020 at 10:44

TCS on Goods u/s 206C (1H) is applicable w.e.f 1st Oct. 2020. Let us decode the provision.

Posted in Income Tax | 13 comments | 15423 Views

Understanding Concept of Input Service Distributor under GST

CA Suresh Jain 17 April 2020 at 10:34

Input Service Distributor(ISD) means an office of the Supplier which receives tax invoice for input service and issues a document for the purpose of distributing ITC.

Posted in GST | 2310 Views

Decision making tool for Export with Payment of IGST or under LUT/Bond

CA Suresh Jain 15 April 2020 at 10:54

The section 16 (3) reiterated below grants two options to the exporters of Goods or Services or both (a) to export goods or services under Letter of Undertaking (LUT)/Bond and claim refund of Input Credit.

Posted in GST | 1 comments | 2703 Views

ITC in respect of Motor Vehicles

CA Suresh Jain 31 March 2020 at 10:46

Provisions related to ITC in respect of Motor Vehicles, other Conveyance, and repairs and maintenance thereof. The article contains the newly amended provisions regarding ITC on Motor Vehicles.

Posted in GST | 7 comments | 25410 Views

GST on transactions of import

CA Suresh Jain 11 December 2017 at 11:13

This article discuss about the applicability of IGST on the transactions known earlier as "Sale in the courcse of Import" under the CST; High Seas Sales

Posted in GST | 4 comments | 17031 Views