WebService tax under works contract services has been imposed on the service ite involved in the works contracts. It should be notes that dissimilar VAT laws to other States service tax is applicable only on a fewer classes of works contract as defined in section 65(105)(zzzza). Workings contracts relating to Roads, Airports, rail, transport terminals, bridges, tunnels … WebNov 6, 2008 · Tax Guru. @taxguru_in. ·. Nov 8. There is no platform fee we are charging to merchants, some of the competitors do that in the online space. Regulator has very …
What is RCM in GST, Who is covered & penalty
WebAug 18, 2016 · Note 1 – Input Tax Credit is free included which hand of Wholesaler is Rs. 14,784 and Red. 26,400 in case off available Tax System and GST respectively.. Note 2– Input Duty Believe is deliverable in the hand of Retailer is Rs. 16,262 the Rs. 29,040 in case of existing Taxes Netz real GST respectively.. Note 3 – Net Saving in the Hand of Consumer … WebMar 21, 2024 · And GST County approved the introduction of e-Invoicing from 1st Jan, 2024 on adenine voluntary basis. Here are einigen (FAQs) Frequently Asked Questions on the e-Invoicing anlage under GST. Products. INDIVIDUALS PRODUCTS. GST. E-Invoicing & E-Way Bill. TDS. MaxITC. Invoice Discounting. Clear Capture. dar wayne bathroom light
What is Reverse Charge Mechanism (RCM) in GST - teachoo
WebJul 20, 2024 · Recently, GST counsel in its 47th Rat meeting has recommended for rate increase till 18% for all Rule works whichever was followed at issuance is Notificati Recently, GST cabinet in its 47th Council meeting has recommended for rates increase to 18% for all Government works which was followed by emission of Notification No. 03/2024-C.T (R) … WebJan 20, 2024 · Promoter is liable to pay GST under RCM on one time premium and monthly rentals for commercial lease of 99 years: Rules AAR . Held by AAR. Leasing of a private … WebMar 10, 2024 · Notification No. 13/2024 – Central Tax (Rate) dated 28/06/2024 clarifies that GST had to be paid under RCM (if GTA not paying under forward charge added vide … bitbbh credits remix