Understand the difference between GST Rule 40(2) and Rule 44(6) for tax on capital goods sale where ITC was claimed, focusing on ITC calculation methods.
Understand GST rules for selling capital goods where ITC was claimed. Liability is higher of GST on sale price or pro-rata ITC for remaining life, reported in GSTR-1.
Understand GST implications on capital goods sale as per Section 18(6) and Rule 40(2). Learn about ITC calculation, quarterly reduction, and GSTR-1 reporting.
Detailed guidance on reporting eligible, ineligible ITC, and reversals in GSTR-3B. Covers imports, RCM, ISD, POS rules, and ITC reclaim.
Compare STCG and LTCG under the new regime FY24-25. Learn about tax rate changes, holding periods, thresholds, and set-off rules for listed equities and mutual funds.
Understand income tax rebate u/s 87A and LTCG tax u/s 112A under the new tax regime for FY 2024-25 with calculation rules, limits, and examples.
Know how rebate under Section 87A and short-term capital gains u/s 111A apply under the new tax regime for FY 2024-25, with examples and tax rules.
Learn about GST credit notes under Section 34, including issuance conditions, time limits, reporting in returns, and impact on supplier and recipient liabilities.
Learn about GST debit notes, their issuance, reporting, and ITC claims. Understand the rules, time limits, and impact on supplier and recipient returns.
Discover essentials of PAN (Permanent Account Number) issuance, structure, and changes. Learn about Form-49A and Form-49AA requirements for Indian and non-resident entities.
