Can we avail Input tax credit of GST paid on rent a cab services provided to employees free of cost.
I have paid certain sum for wedding ceremony of my son from my company account . I have confusion whether I can claim input tax credit on the above expenses.
When it is mandatory to generate e-way bill ? (Distance / Amount / Intrastate/Interstate).
Ranjith is wealthy man enjoying large dividend and interest income. He has formed three private companies and agreed with each of them to hold block of investment as an agent for it. Income received was credited in the accounts of the company but the company handed back the amount to him as a pretended loan. this way, he divided his income in three parts in a bid to reduce his liability.
Wanted to know the facts, issues, relevant provisions, analysis and conclusion on the legality of the purpose for which the three companies were formed
One of my client provides adverting services. he have received a invoice in which rent for hall and food is given in one Invoice but the amount have been shown for rent and food seperately in same invoice and even GST is also have been charged seperately . here i am in a dilemma whether i have to charge TDS on the whole invoice amount or the Rent seperately
Hello Sir,
"TIN has been processed by Income Tax Department (ITD) u/s 200A and no defaults have been identified "
I am being a individual. what is the stand for TIN. Is there any notice? please clarify. Thanks
We have applied for change of principal as well additional place of business as well change iof partners in the firm on GST portal. But ARN is still shown pending. Will it be okay to make purchases for delivery to new place of business while application status is still pending?
doing business from 2016 with out any registration. Now Dec'19 apply for gst registration. Which date i will take for commencement of business 2016 or 2019
XYZ Ltd. Importing raw material under ‘Advance Authorization’. These goods will be directly sent to PQR (Supporting manufacturer) to manufacture finished goods. These finished goods will be purchased by XYZ from PQR where PQR will be charging 0.1% GST since XYZ will be exporting these goods as merchant exporter. XYZ will be showing these exports as fulfillment of export obligation against Advance authorization against which the raw material was imported by them. Is this transaction correct?
A person is holding PAN card as Resident. He has since become a Non resident and is no longer a citizen of India. He is holding an OCI card. He wants to change his status as Non resident in his PAN card. How can he make this change or does he require to apply afresh for a new PAN card as non resident in form 49AA?
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Input Tax Credit