CA R SEETHARAMAN (Expert) Follow 14 September 2019 RCM not applicable on taxi hire charges. manisha (Querist) Follow 14 September 2019 Dear Sir Thanks for your valuable reply. Sir one more query is there Upgrade to CAclubindia Pro. Subscribe Now!
On the other hand, this imposition can be justified to bridge the gap for indigenous entities and those entities capable of obtaining such guarantees. The authors can also be reached at mahadev@hnaindia.com or akshay@hnaindia.com Published by ...
These notices inform the taxpayers that they must pay penalties or fines for miscalculating their tax payments. To avoid these charges, businesses should always hire an expert to check their tax-filing process to ensure that they file the correct GST returns and pay the right amount of taxes ...
Things to note on the GST rate change from 8% to 9% on 1 Jan 2024 When you are required to charge GST at a rate of 9% on supplies made on or after 1 Jan 2024, it is important to include this 9% GST in your GST return, regardless of whether you have already received the payme...
Rcm on roc fees(7) Sale of part of imported goods in trnasit(8) Tds disallowance u/s 40(a)(ia)(1) Circular 193(1) Gst implication on acquihire(3) Refund of compensation cess u/r 96 when final product is not chargeable to cess... (8) ...
See our FAQs on default loss guarantee here – https://vinodkothari.com/2023/06/faqs-on-default-loss-guarantee-in-digital-lending/ Loan Penal Charges: Accounting and GST implications August 25, 2023/0 Comments/in Accounting and Taxation, Financial Services, Good & Service Tax (GST), NBFCs,...
Many gold merchants, sellers, and jewelers hire goldsmiths and specialists to work on the gold bars or gold biscuits they provide in order to create jewelry. Moreover, it is regarded as a service supplier. Making charges are what goldsmiths will charge for their services, and they will be...
For example, a small cafe that sells prepared food will now have to charge GST when they provide their services. But, because the cafe purchases fresh food ingredients to run their business and because there’s no GST on fresh food, there will be few expenses that they can offset with the...
During the winter session of Parliament, the Union government stated that it does not maintain centralized data on internet shutdowns nationwide and has not conducted any study to evaluate the effectiveness of the measure. “The contribution of the internet for the well-being of citizens has to...
If you charge late-payment surcharges, you do not charge GST/HST on the surcharge. GST/HST is payable only on the original invoiced amount. Example You operate a business in Manitoba. You issue an invoice that shows the price of goods as $100, plus GST. Your customer pays after the ...