When dealing with related parties, GST is charged based on the transaction value, which refers to the price at which unrelated parties would typically transact in the ordinary course of business. Exchange Offers: When smartphones are sold with exchange offers, where customers trade in old devices...
For the benefit of the trade, modified Forms have been hosted on the cbec website. Further, suitable notifications shall be issued to amend the relevant regulations and introduce modified Forms.Impact of GST on imports in IndiaApplicable import duty after GST implantation...
In Singapore, a large range of investment precious metals bars and coins are exempt from the Singaporean Government’s Goods and Services Tax (GST). GST is Singapore’s equivalent to Value Added Tax (VAT) or Sales Tax. The GST exemption on qualifying investment precious metals in Singapore app...
Click on the Search Taxpayer tab on the homepage and select Search by GSTIN/UIN. Enter the taxpayer’s GSTIN or UIN and click the Search button. If the GSTIN is valid, you will see the taxpayer’s details, such as legal name, trade name, address, date of registration, status, and ...
Indicate exports on GST returns: Exports in the GST returns must be declared by filing the GSTR-1 form of a tax-period. Pay the IGST and request a reimbursement: The IGST on the shipments must be paid by the exporter before requesting a refund of IGST. This can be done by submit...
*Article originally published in ECN Brief 02/2015 (click here), under the title: "French Competition Authority Imposes 鈧 192.7 Million in Fines for Anti-... D Corrigan 被引量: 0发表: 0年 Fin(d)ing Our Way on Trade and Labor Standards? With the impasse over whether and how to link...
December 2024 saw a flurry of GST news and updates in India, highlighted by the 55th GST Council Meeting. Key announcements included new measures to enhance the accuracy of GST returns, updates on the E-way bill and E-invoice System, and clarifications on recent amendments in GST laws. As ...
All goods other than in frozen state and put up in unit containers is exempted to pay GST. GST concession on Meat of bovine animals, fresh and chilled. No GST payable on Meat of swine, fresh or chilled. GST on Meat of sheep or goats, fresh or chilled is nil rate. No GST payable ...
Jammu and Kashmir GST registration enables businesses in Jammu and Kashmir to conduct seamless interstate trade without multiple taxes. It simplifies taxation on goods and services moving across state borders, promoting easier commerce. Input Tax Credit (ITC) Registered businesses can claim input tax cr...
The previous system, with no GST, implied that tax was paid on the value of goods and margin at every stage of the production process. This would translate to a higher amount of total taxes paid, which was then carried down to the end consumer in the form of higher costs for goods and...