Integrated GST (IGST)is crucial for inter-state transactions. It is collected by the central government and applies not only to sales across state lines but also to imports and exports of goods and services. The IGST rate is equivalent to the total GST rate applicable to the product or servi...
To understand Income Tax we need to understand what is Income, Income Tax slabs, Types of Income, the tax on different types of Income when it is taxed, dates and year related to Income Tax, tax cut i.e TDS, how to see TDS, how and when to pay advance tax, how to pay tax due...
c) Service tax- It is a tax levied on taxable services. generally, service provider pays tax and recovers from the consumer from the recipient of taxable service d) Value Added Tax (VAT) – VAT is a tax on the sale of goods within the states only. it is a multi-stage tax, It is...
IGST is charged when movement of goods and services from one state to another. For example, if goods are moved from Tamil Nadu to Kerala, IGST is levied on such goods. The revenue out of IGST is shared by state government and central government as per the rates fixed by the authorities....
Procedures to claim under MEIS scheme under Export of goods through courier or foreign post offices Common Procedural features applicable to MEIS and SEIS under FTP 2015-20 Validity period and Revalidation for MEIS and SEIS Application for Shipments from EDI Ports and Non-EDI Ports under MEIS ...
The End. None of the above is applicable to me of course, because I am a visionary investor, and my investing is multi-strategy, multi-cap, multi-year and eventually multi-amazing obviously and that you need to measure me not in the short term, but long term, so long a long term th...
Unlike the service tax regime, the reverse charge mechanism (RCM) is applicable to services and not extended to the manufacture or sale of goods. The GST regime makes the exact mechanism applies to both goods and services. As a result, a GST-registered person who receives goods or services ...
4 - Appointment of Dr. Mohan Chellappa as an Independent Director of the Company To consider and, if thought fit, to pass the following resolution as a Special Resolution: "RESOLVED THAT pursuant to the provisions of Sections 149, 150, 152 and other applicable provisions, if any, of the...
In other words, reverse charge means where the recipient of goods or service or both has to discharge the tax liability on his own account. Reverse charge mechanism under GST is a mirror image to the reverse charge mechanism which was under service tax as is applicable f Read More 01 Jan...
In the present case , the facts are similar to the facts in the case as discussed hereinabove wherein the Hon’ble Bombay High Court has held that no capital gain tax is attracted in the case of sale of FSI/TDR, we therefore, respectfully following the same uphold the order of Ld. CI...