Sitting Tenants Are Receiving a Taxable Supply under GST Law, Says the High CourtSommer, Andrew
Twitter Google Share on Facebook taxable supply any supply of goods or services by a person registered forVALUE ADDED TAXwhich is not an exempt supply. Collins Dictionary of Law © W.J. Stewart, 2006 Want to thank TFD for its existence?Tell a friend about us, add a link to this page...
including all or part of the supply chain of logistic management services, warehousing or warehousing management services, freight forwarding services, port or airport services, shipping services, aviation services or cold chain facilities services, delivery, distribution or transportation of goods services...
higher GST/VAT rate charged on other taxable goods and services. legco.gov.hk 此外,實施零 稅率/稅項豁免的範圍若過於廣泛 ,難 免會縮窄稅 網,其 帶來的收入損失將須透過對其他應課 稅商 品及 服務 徵收較高的商品及服務稅/增值 稅稅率來彌補。 legco.gov.hk If the revenues of a taxpayer (...
In other words, If the proper officer believes that the GST registration needs to be canceled or when the taxable person is no longer eligible to be registered under the Goods and Services Tax (GST), then the proper officer has the power to issue an order canceling the GST registration in...
A transaction must be a ‘supply’ as defined under the GST law to qualify as a non-taxable supply under the GST. Sample 1Sample 2 Based on 1 documents SaveCopy non-taxable supply means a supply of goods or services or both which is not leviable to tax under this Act or under the ...
Noelle said under the SST, the number of goods not subjected to tax is 10 times higher than under the previous Goods and Services Tax (GST). “During GST era, only 545 items were tax exempted, but under SST, 5,443 items are exempted,” she revealed. ...
The following do not come under the category of capital assets: a. Any stock, consumables or raw material, held for the purpose of business or profession. b.Personal goods such as clothes and furniture held for personal use. c. Agricultural land in rural India. ...
"This memorandum explains how the goods and services tax/harmonized sales tax (GST/HST) applies to employee and shareholder benefits (other than automobile benefits) as required under the Excise Tax Act (the Act). The rules that apply to automobile benefits are discussed in GST/HST Memorandum ...
Taxability of Business Perquisites under Income Tax Act Basic Questions on Computation of Income Tax All about Non-resident taxable person in GST Lower or No Tax certificate under Income tax- Procedure Important Income Tax (Direct Tax) Amendments (since 2019) TCS on Sales of Goods under Income ...