The Commissioner issued the taxpayer with assessments for LCT and GST on the basis that each vehicle was (i) used for the purpose of holding as trading stock and (ii) also used for the additional purpose of being displayed as an exhibit in a car museum. The primary judge The majority o...
SEG MSC20 Motor Protection Controller,MSC-20,Used$91793 SEG DU1-1/4 24V DC,Fab Nr: FA712040-88 Display Panel,used,Ger$91795 Seab TAC-92 Tracking Antenna Control Unit,Part,US$94318 Seabook M10-HB Waterproof Screen,EIHV0001,9-36Vdc,Untest,Part$92444 Scitex 503C2L478S Cooler Cont...
Under GST, the Central (CGST) and state government (SGST) share the authority to levy and collect taxes on goods and services. In the case of Inter-state transactions, Integrated GST (IGST) is applicable. Essential Features of GST Multiple Tax Levels: India’s GST system has multiple tax ...
GST Invoice Bills can be used in several industries including Restaurants, Construction, Hospitals, Cinema, Colleges, Transport, Hostels, Schools, Canteens, Hotels, Jewellery, Textiles, Kirana stores, Retail Shops, Insurance, Car Sales, Bike sales and so on. This bill can also be used by ...
In India, an eight-digit HSN/SAC code is used instead of a six-digit code. The first two digits stand for the chapter in which the goods or services will list in the Code List. The next two digits are the chapters, and the next two digits are for products. The last two digits ...
GOODS AND SERVICES TAX GST GUIDE FOR INPUT TAX CREDIT GST GUIDE FOR INPUT TAX CREDIT (250413) TABLE OF CONTENTS INTRODUCTION 1 GENERAL OPERATIONS OF GOODS AND SERVICES TAX (GST) 1 GENERAL OVERVIEW 1 Input Tax 1 Flat Rate Addition 3 ENTITLEMENT TO CLAIM INPUT TAX 3 ALLOWABLE INPUT TAX 4 Su...
7.5% Reduced Payroll tax on wages in lieu of VAT for non-profit organisations 17% Payroll tax on wages in lieu of VAT for financial institutions 0% Zero Exports; some tourism services; sale of fruit and vegetables 0% Exempt Financial services, certain real estate sales and leasings, diamonds...
Shuttle shift eh? Me thinks the dealer doesn't have a HST in stock and still wants to make a sale. I'm jis' sayin'. I agree with all the above--especially the skid steer comment. The non-dedicated, loader-equipped machines a. aren't designed to be used everyday ...
Seats other than those for aircraft and motor vehicles are specified to be taxed at 18%.A new entry (S. No. 210A) is introduced for seats used in motor vehicles, taxed at 28%. The amendment adds a new entry (S. No. 8) to the table, specifying that the supply of metal scrap ...
As the third generation rare earth materials, Neodymium iron boron rare earth permanent magnet is widely used in motor, automobile, wind turbine, sound systems, speakers, car horns, earphones, electroacoustic, communication, VCM, aerospace, nuclear magnetic resonance,...