How to check GST Paid by Supplier in RCM under GST? Accounting Treatment of Reverse Charge Mechanism Key points dealing with RCM Who will issue the RCM invoice? RCM on freight limit 750 How are services by e-commerce operators treated under RCM? GST RCM on foreign expenses RCM under GST Tr...
4. If under QRMP Scheme do i have to pay rcm and normal tax in 2 different chaalans. Also can i claim the ITC in the same month as it will not refelct in GSTR 2B 5. Self invoice where we have to upload in GST Returns? 6. For Import of Services Which GST Returns we...
“According to specific provisions under GST law, a statement issued by a bank can be treated as a tax invoice. Accordingly, you should be eligible to claim the input tax credit, based on a statement issued by the bank, as long as it contains all the prescribed particulars, including your...
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...
Metal Scrap Reverse Charge Mechanism (RCM) introduced for metal scrap supplies by unregistered persons; 2% TDS applied on B2B metal scrap supplies by registered persons. RMPU Air Conditioning Machines RMPU air conditioning machines for railways classified under HSN 8415, attracting a 28% GST rate....
ANALYSIS OF SUPREME COURT JUDGMENT OF MOHIT MINERALS AND REFUND OF IGST PAID UNDER RCM ON OCEAN FREIGHT Date: 21-05-2022 How to value your business during COVID times? Date: 19-5-2022 Analysis of risk parameters of scrutiny of GST Returns as per SOP issued by CBIC ...
CMS Record Manager Improvements were made to the CMS record manager (DMSRCM) to increase from 8 to 500 the maximum number of 4KB blocks that DMSRCM reads or writes with one DIAGNOSE code X¢A4¢. This can result in reduced DIAGNOSE code X¢A4¢s, processor usage, I/O time, ...
CIVIL SERVICES (P)EXAM- 2023 if.'dl.~. : XDTG-F-GST I ~ -. . 19 52 941 ftlql~ ~t~ ~-'q'Sf-1 A · ~:200 ~~~ m1 m1. -qitan ~ ~ ~ ~ ~ mq ~ -qitaror ~ cJIT ~ ~ ~ ~ ~ ~ ~ fir.n 'UT.tl, ~ "t1T ~ !3tl ~ ~ ~ ~ ";{ ~ ~t, ~ ~-qitaror ~...
under various schemes including Cashless Schemes are liable to deduct tax at source under Section 194J on all payments to Hospitals. DEFINITION OF TECHNICAL SERVICES; Explanation (2) to Section 9(1)(vii) “ Fees for Technical Services “, means any consideration ( including any lump sum ...
The new trends and risks are based on scenarios and in real time, where the business processes need to be executed under certain norms and good practices, which guarantee the reliability and availability of information [10,11]. As for the growth and sophistication of cyber-attacks, new ...