Web3 hours ago · CA Sri Harsha – [2024] 149 taxmann.com 208 (Article) In this article, we shall analyse an important aspect relating to the tax implications under the GST laws, on gifts made to related parties of flats in a residential or commercial complex, prior to obtaining completion certificate. We shall take a case study to analyse the tax implications. WebMay 13, 2024 · It applies to certain non-GST goods such as: Petroleum crude; High-speed diesel. Motor spirit (commonly known as petrol); Natural gas; Aviation turbine fuel; and. Alcoholic liquor for human consumption. Please note: GST filings as per the CGST Act are subject to changes by CBIC … One of the fundamental features of GST is the seamless flow of input credit across … Register with ClearTax to file your income tax returns online within 5 minutes …
Delhi HC upholds GST on auto ride through platforms like Uber
WebFeb 8, 2024 · GST – The Goods and Services Tax – is the mother of all tax reforms in India. It is crucial for all businesses to understand the implications of GST on their brands. Since GST is a new law and crucial processes like return filing and invoicing have been changed, it is even more important that business owners and tax professionals understand ... Web3 hours ago · The guidelines provided in the manual are intended to enable audit officers to carry out effective audits in a uniform, efficient and comprehensive manner adopting the best practices of the States and the Centre, as well as international practices. Click Here To Read The Full Update dfark energy iosd a well understood
Goods and Services Tax (GST) What is GST in India?
WebDec 22, 2024 · Goods and services tax (GST) GST is an indirect tax, which is a transaction-based taxation regime, that has been in effect in India since 1 July 2024. Multiple indirect … WebJul 27, 2024 · The Goods and Services Tax (GST) is an indirect tax—taxation is levied on the supply of goods and services and is ultimately paid by the consumer. WebThe goods in question are in the GST slab which means that CGST is 6%, SGST is 6% and IGST is 12%. The first transaction - Manufacturer A to Dealer B - is intra-state, and so … df arrowhead\u0027s