Make GST fair & Trasparent
UAE VAT going to come from 1st January 2018. Professionals have a chance to serve and delight their clients.
With authors permission being adapted and hosted.Reverse Charge Mechanism, popularly known as RCM is well known to the Service tax assessees though it was onl
Value of land as we understand cannot form part of the GST value. Part examination of issue in this article.
Understanding exemption of 50K to gift to employees by employer.
Exemptions not available can if claimed destroy businesses as the top line along with interest and penalties can be between 10% to 36% of TOPLINE!!!
90% of goods are easy to classify. In case of the rest there maybe some difficulties. This article is for arriving at the appropriate classification.
Section 25(5) of CGST Act, 2017 provides that every person shall have a Permanent Account Number issued under the Income-tax Act, 1961 to be eligible for grant of registration.
The GST liability for supplies after 1st July is applicable for all the contracts where the exemption under ST got omitted due to law itself being changed.
Presently the GST challenges include that on classification which may take some months to become clear.