TAX ON GOODS SUPPLIED UNDER WARRANTY
Recent SC Judgement In Case of M/S TATA MOTORS UNDERLYING TRANSACTION Tata Motors sells vehicles and spare parts to Marudhara Motors with CST charged against “C” form. Marudhara Motors has …
GST
GST India
Decoding IDT Proposal of Union Budget 2023
PREFACE In many ways, India stands on a strong wicket from an economic point of view. Even though economic growth is yet to return to pre-pandemic levels, business sentiment remains …
Notification No. 26/2022 & 27/2022-CT Dated 26.12.2022
Amendment in GST Rule, 2017 pursuant to recommendation of 48th GST Council Meeting, Vide noti No. 26/2022 & 27/2022 dated 26/12/2022
Is there any time limit to avail ITC of taxes paid under RCM
A registered person fails to pay tax under RCM for 18-19. Can he pay the taxes in 2020 and avail the ITC
Interest on Un utilised ITC – Department is issuing SCN nowsdays demanding Interest on ITC erroneous availed but not utilised.
Nowadays department is issuing SCN for recovery of Interest u/s 50 of GST Act on unutilised ITC erroneously availed.