The reverse charge mechanism is applicable upon the nature of the given goods/services as notified by CBIC which will be covered under RCM. This scenario is covered by section 9 (3) of the CGST/SGST (UTGST) Act and section 5 (3) of the IGST Act....
GST and taxes, fees or charges Issue Is an entity, an Australian government agency, making a taxable supply under section 9-5 of the A New Tax System (Goods and Services Tax) Act 1999 (GST Act), when it charges a recipient for an Australian tax, fee or charge specified in a writt...
Minister of State for Finance, Pankaj Chaudhary while answering him stated that according to Section 9 of the CGST Act, 2017, GST is levied on the supply of goods or services on the value as decided under Section 15 of the CGST Act, 2017. “According toSection 15 of the CGST Act, 2017...
Dependent on the nature of supply or the nature of supplier. This falls under and is covered by Section 9 (3) of the CGST/SGST (UTGST) Act and section 5 (3) of the IGST Act. The second scenario is where taxable supplies are made by an unregistered person to a registered person. Th...
For IMPS transactions exceeding ₹100,000, the charges are ₹15 plus applicable GST. IMPS Transfer Time IMPS (Immediate Payment Service) operates 24/7, throughout the year, allowing account holders of any bank to make transactions at any time. Once the sender’s bank approves the transacti...
Learn more about Concept of Reverse Charge mechanism in GST & this charge mainly more tax compliance and increased tax revenues. This article will explain about GST Reverse charge.
We check each company’s GSTIN/business registration, office location, owner details, and past performance. We ensure transparency from start to end of the relocation, including providing comprehensive details of moving services and explaining quotations to eliminate the worry of hidden charges. ...
It is vital to cross-examine the company details and certifications. Thoroughly go through every government-authorised document and look for minute errors. Whether it is GST registration or the owner's ID proof, check all the documents to ensure the legitimacy of the moving company. ...
Section 77 of the companies act mentioned that all companies have the obligation who make a charge on their property or assets or any of its undertakings to enrol the details of the charge in a specified format. These charges would need to be reported to the registrar within 30 days of ...
register (except for selecting shutdown mode); or • Reading the DIAG_ALRT Register While the INA228 device is used in either one of the conversion modes, a dedicated digital engine is calculating the current, power, charge and energy values in the background as described in Section 7.3....