Person in Trade and Industries are in the fix regarding availability of Input Tax Credit(hereinafter referred to as "ITC") on certain type of Business promotion expenditure. Such expenditures are necessary to boost the sale of service. and before we proceed further let us look into certain sections/clauses/terms and conditions.
Section 142(3) of CGST Act provides that refund filed by any person before, on or after 1st July 2017, for refund of any amount of CENVAT credit would be granted in accordance with the provisions of the law.
Online information and database access or retrieval (OIDAR) services provided by person located outside India brought under service tax ambit
Abatement under Service Tax: Budget 2016 Proposed changes in abatement shall come into effect from the 1st April 2016. Contained herein detailed revised list of abatement. Sl.No. Description of taxable service
Becoming a Chartered Accountant is not an easy feat, and my journey towards achieving this goal was no exception. My passion for finance and accounting led me to pursue a CA degree, which I joined in 2010.
This GST Charcha deciphers into recent changes in the GST Laws made vide Clause No. 99 and 113 of the Finance Bill, 2021 on the issue whether GST is leviable on services provided by Club or Association to its members?
This tax impacts the pricing of medicines and healthcare services, influencing the overall cost structure for manufacturers, distributors, and consumers.
Goods And Services Tax e-Invoice System: FAQs
How to WIN Internal Customer? Dear All, This is my first article in the CCI. I am very proud to be part in this esteemed club. In this article I have taken a topic called How to WIN Internal Customer which may be playing vital role i
No one can deny that the prosperity of a country largely depends on prosperity of its corporate world and the prosperity of its corporate world is facilitated through a simple and hassle free Company Law and its Practices. Unless comprehensive e-gove
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