Clause 2 of the deed provided that the parties acknowledged and agreed that “the Litigation Funder” (the Trust) had, prior to the date of the deed, paid all Litigation Costs and, after the date of the deed, would continue to pay all Litigation Costs. “Litigation Costs” was defined t...
2/2018 - Central Tax dated 31 December 2018, the due date for availing input tax credit ("ITC") on the invoices or debit notes relating to invoices issued during the FY 2017-18 is extended until the due date for furnishing the return for the month of March 2019. • Pursuant to the...
the date the VAT was introduced in the UK. The House of Lords ruled that UK legislation providing for a retrospective limitation on claiming VAT refunds, which did not include a transitional regime to
their tax obligations, including GST. Within this form, businesses detail sales, purchases and the resulting GST that they need to pay or are due to receive back. Essentially, it provides a regular update for the tax authorities and ensures that a business's records are kept up to date. ...
Make sure you get a proper tax invoice which details the goods, purchase date and the amount paid. You can even combine purchases made from the same store within a certain period to make up the amount. Until recently it was necessary to show items to the customs officer at the TRS facili...
Service tax is due when payment is received for the taxable services rendered. Nonetheless, if payment is not received within 12 calendar months from the date of issuance of the invoice, the tax is due on the day immediately after the expiry of the 12-month period. Any service tax that ...