3. What is the time of Supply for Reverse charge Mechanism (RCM)?i. For Supply of GoodsIn case of reverse charge applicable on the supply of goods, the time of supply shall be the earliest of the following dates:a. Date of receipt of goods. b. The 30th day from the date of ...
Dear sir, We are an Air Travel Agent of a Foreign Economy Class Airline called Air Manas based kryzkistan. We are buying tickets from the Air Lines by making payment in foreign currency. Since the Airline is not in the taxable Territories , do we have to pay GST on RCM basis on purch...
Bitan Koje je postavio Primenljivo na Centralni GST (CGST) Savetov Interna nabavka roba ili usluga u Indiji. State GST (SGST) Amerike Interna nabavka roba ili usluga u Indiji Integrisani GST (IGST) Savetov Meрudržavna naba...
The GST Portal has been upgraded to feature an RCM Liability/ITC Statement, which helps taxpayers accurately report their transactions. *** GST Collection for August 2024 As per the comprehensive report released on the Goods and Services Tax portal, the gross monthly GST collection increased by 10...
The GST Portal has been updated to include an RCM Liability/ITC Statement for taxpayers to assist them in correctly reporting transactions. View more 21st August 2024 GST Instruction No. 03/2024 relates to applicable paragraph 2(g) of Instruction No. 01 issued on 30th March 2024. Read more ...
RCM Exemp. za datum završetka Un-Reg. Dodji ovamo. Datum Izl & Libty korekcija dnevnik br. Vrste: Šifra 10 Izl. Brojevi fakt (Reg) Vrste: Šifra 10 Izl. Brojevi fakt (Reg izvadimo) Vrste: Šifra 10 PUR. Fakt Nos.(Reg Deb....
Mahaveer cancer hospital director PS Lodha stated that Anticancer medicines will be getting costlier by 6.5% as there will be 12% GST applicable on them. However, it has to be seen how much exercise will be reduced. These healthcare products also in the List of Expensive Categories: ItemsPre...
Time of supply in the case of RCM Importance of Vouchers in the case of Time of Supply Meaning and conditions of Goods sent on Approval Basis Meaning & Conditions of Continuous Supply of Goods 7.Composition scheme Meaning of Composition Scheme ...
One can also set the date of payment if outward supply is made on a credit basis. If payment is received on the same date, then the invoice date and the payment date will be the same. STEP 3: Choose the debtor/customer from the list: The list of customers/debtors is to be fed in...
IT Bill 2025: Eligibility for Tax Refunds on Late ITR Filings In the recently introduced Income Tax Bill 2025, the CBDT has clarified the eligibility for tax refunds on late ITR filings. Read the article for more.. ICSI Appeals for the Inclusion of the CS Profession in the Definition of ...