The big industrial houses or the MSME (Micro, Small and Medium Enterprises) no one is left untouched with the impact of COVID-19. Therefore it would not be wrong to say that the industry is trying to survive the impact with all available resources. But are we judiciously using the resources available with us? Asking the […]
Input Tax Credit, a word which has perturbed many professionals and businesses since the inception of GST. New definitions under GST have unsettled the earlier decisions on CENVAT / MODVAT credit provisions and the GST advance rulings have further aggravated such issues. In this article we have made an attempt to cover all aspects related […]
Taxability of free samples is the topic perturbing most of the professionals. Most of opinions regarding taxability of free supplies, prima facie, are based on the definition of Supply as per Section 7(1)(a) of Central Goods & Service Tax Act (herein after referred to as Act)
Everyone is aware of GST and ambiguities created by it. A layman or a professional no one is left untouched by its impact, not even our economy and business. I am quite sure that everyone is aware of bitcoins and its ever fluctuating valuations
