Robin Woellner
A GST number is also necessary to claim the input tax credit, which is the amount of GST paid on the goods or services purchased for business purposes. Input tax credit claim is likely for a GST-registered person only if the supplier has uploaded the invoice details in the GST portal and...
the total turnover of all supplies made by you would be combined to compute aggregate supplies. In addition, theGST rateon commercial property rentals will be 18 percent. Rental revenue from a residential property, on the other hand, is tax-free. ...
bees, expression of memory-related genes and detoxification-related gene GSTS of 7-day-old worker bees. These data supply an ominous warning about the unintended effects on apiaries, and underscore the necessity for cautious control over flumethrin residues in bee hives.Aclonifen is a diphenyl-et...
The exemption would be based on an investment of receipts. Section 54F: For capital gains for taxation for NRIs resulting from the sale of non-residential property, the exemption applies to the construction or acquisition of a new home in proportion to the sale price paid for the new asset....
construction services of buildings fall under SAC code9954, with subcategories like residential, industrial, and commercial buildings classified further under group99541. The applicable GST rate for such services is18%, ensuring clear identification of the service type and accurate tax calculation on ...
The conditions under which an individual can incur tax exemption on the long-term gains earned from the sale of a property are listed below If the new residential property is bought a year before the sale of the current property. If the new house is bought within 2 years of the sale of...
As an Australian taxpayer, you may be liable to pay Goods and Services Tax (GST) on traded commodities. Additionally, commodity derivatives contracts may fall under the Taxation of Financial Arrangements (TOFA) guidelines. ASIC reports trading activity to the Australian Treasury. Such activity can ...
The Luxe Developers, a UAE-based real estate development firm, has underscored the rising demand for luxury property inRas Al Khaimahas sales for the company’s premier residential development, Oceano on Al Marjan Island, continue to attract ultra-high-net-worth individuals...
Unit Trusts/Property Trusts: TC Business Trusts: TN Real Estate Investment Trusts/Property Trust Funds: TR Deceased Person’s Estate: TP Hindu Joint Families: J Labuan Entities: LE Update Effective 2nd January 2023: A "0" is added after every TIN number for non-individual entities to standardi...