Gujarat GST authority upholds Rs 173.9 cr tax demand against Maruti Suzuki’s arm
Maruti Suzuki India on Wednesday said the Gujarat GST authority has upheld the tax demand of Rs 173.9 crore along…
Tag: reverse charge
GST DAILY – 150
Stay Yourself Updated on GST GST Audit Checklist for Reverse Charge – 13 👉 Whether Reverse charge tax on notified…
NO GST UNDER RCM ON DIRECTOR’S SERVICES PROVIDED IN INDIVIDUAL CAPACITY
GST notifications has emphasized the words ‘Director’s remuneration’ and it is abundantly clear that it covers the aspect of remuneration paid to a Director, in his capacity as a Director.
RCM – Goods and services covered, URPs, ToS, Notifications, Invoicing Rules, Imports, Compliance
CMA Shiba Prasad Padhi, Practising Cost Accountant is presenting the PPT on ‘RCM – Goods and Services covered, URPs, ToS,…
Notification No. 02/2023-CentralTax (Rate) dated 28.02.2023
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 02/2023-CentralTax (Rate) the 28th February, 2023 GSR……(E).-In exercise of…
Govt. likely to place reverse charging of GST on scrap before Council
The government will consider and then place industry’s demand to shift the GST levy on purchase of scrap metal to…
GST payment issue paralyses cotton purchase in Khammam
Traders of raw cotton in Khammam cotton market are shell-shocked over 28 of them receiving notices from GST department for…
Services covered under Reverse Charge Mechanism (RCM) under GST
Section 9(3) of CGST Act, 2017 provides that “The Government may, on the recommendations of the Council, by notification, specify…
Self invoice under GST
As per section 31(3)(f) of CGST Act, 2017, “a registered person who is liable to pay tax under sub-section (3)…