Understanding Rule 86A of CGST Rules, 2017: Who has the authority to disallow debit of electronic credit ledger?
Service provided for development of land, like levelling, laying of drainage lines (as may be received by developers) shall attract GST at applicable rate for such services.
Learn about the impact of pre and post-sale discounts under GST Law. Understand how these promotional schemes can increase sales and attract new customers.
Whether order of the Adjudicating Authority (‘NCLT’) can be challenged in a proceeding under Article 226, has been, recently, analysed in the matter of Tharakan Web Innovations Pvt. Ltd. Vs. National Company Law Tribunal (1st February, 2022) in W.P. (C) Nos. 27636 of 2020 & 14158 of 2021 before Kerla High Court.
Explore the GST exemption for Good Transport Agency (GTA) services as per Notification No.12/2017-Central Tax (Rate). Learn about the exempted services, including transportation of agricultural produce, goods with specified considerations, milk, relief materials, and more. Discover the recent amendment through Notification No. 04/2022-Central Tax (Rate) and its impact on the exemption criteria. Stay informed about the changes effective from 18.07.2022.
Prior to amendment w.e.f. 18.07.2022, if a person has given his residential property to any person for residential purpose (other than Commercial Purpose) is exempted from GST.
Learn about the GST exemption for road transportation of goods and the definition of Goods Transport Agency under GST law.
Discover the new amendment in the Reverse Charge Mechanism (RCM) for the service of renting a residential dwelling to a registered person.
Learn about the valuation of unquoted equity shares under Income Tax in case of transfer and issue of shares. Understand the importance of Fair Market Value and Capital Gain Tax.
Explore construction activities exempt from GST, including sale of land, ready-to-move flats, and resale properties. Understand provisions of CGST Act, 2017 Schedule II and III. Stay informed to avoid unnecessary tax implications.
