Key highlights of Job work in respect to circular no 28/05/2024dated 26th june, 2024: Job work sector is a significant part in Indian economy. The […]
Category: General
Why import of services by SEZ needs exemption specifically?
Why import of services by SEZ needs exemption specifically?: The study material broadly covers an overview of the four GST Acts focusing upon the following key […]
Refund of accumulated input tax credit on account of exports
Refund of accumulated input tax credit on account of exports – Getting the most out of it. Refund Mechanism plays a vital role in any tax […]
Input Tax Credit – Eligibility criteria, Additional conditions for eligibility
Input tax credit was allowed under Cenvat Credit Scheme and the same was allowed for utilisation for payment of duty / service tax on final […]
Refund of GST paid by Exporters on Inward or Outward Supplies
Refund of GST paid by Exporters on Inward or Outward Supplies: Exporters are entitled to obtain the refund of CGST + SGST / UTGST or […]
Reverse charge under Section 9(4) – supplies received by a registered
Reverse charge under Section 9( 4 ): Under Section 9( 4 ), it has been supplied that all materials received by a registered individual from […]
Electronic commerce operator – Latest Provisions related to GST
Electronic commerce operator: As per Section 9(5) of the CGST Act, 2017, the Government has been given the power to notify certain categories of services […]
Payment of tax by registered person for construction against transfer
Payment of tax by registered person for construction against transfer of development right and vice versa: Real estate developers usually do not have ownership of land […]