while the percentage a deposit bears to the total purchase price is relevant, mere consideration of that aspect is not sufficient to determine whether an amount paid by the recipient of a supply is a true deposit – the Courts have accepted that a seller at greater risk between contract and ...
As you run your business in Singapore, there may be times when you’ve incurred the GST to purchase or import goods to keep the company running. This is known as an input tax. Under certain conditions, you can claim this input tax from the government in the right accounting period. The ...
GST is not payable on Human hair, unworked, whether or not washed or scoured; waste of human hair Semen including frozen semen. GST on Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage is nil rate. GST is not payable on sale of Fresh vegetables...
to the Base value of the Car. when the car is going to be leased, the taxes within the ex-showroom price are credited to the Leasing Company as Input Credit as these companies would charge the same %age of tax on lease rentals. For example, Post-July 1st 2017 If the base value ...
Can we claim TCS on car purchase? TCS (tax collected at source) could have been paid by you if the motor vehicle you purchased wasworth more than Rs 10 lakh. Credit of TCS during the year has to be claimed in your ITR in a manner similar to that for TDS. ... However, one must...
A party has giving services like betting service i e dream 11 my 11 is this kind of service gst is applicable - GST
i am Indian,working in Malaysia,Recently my sister and brother in law visited to Malaysia as a tourist ,and they planning to purchase gold and want to use my credit card to purchase ,can they refund GST in airport and can give my credit card details for the refund?
As a tourist in Singapore, if you make any purchase of more than S$100 (including GST) at participating shops, you may claim a refund on the 9% Goods and Services Tax (GST) paid. This is known as the Tourism Refund scheme. Be sure to check whether a shop is participating in the ...
GST levied rate on Organic surface active agents business GST slab rate on sale or purchase of Soap GST slab rate on sale or purchase of Organic surface-active products and preparations for washing GST rate on sale or purchase of Dental wax, Modelling pastes, dental impression compounds ...
I would like to get clarification on a car purchase ie the GST is levied on cost+profit =Sale Value so is their any way to reduce the the Ex-show room price in bill so that the total sale bill should remain the same.The adjustment that a dealer can make in Ex showroom price so th...