Summary of CBIC’s June 26, 2024 clarifications on GST issues: place of supply, ITC claims, e-commerce, insurance, and more, as per the 53rd GST Council meeting.
Understand Reverse Charge Mechanism (RCM) on Renting of Motor Vehicles and Input Tax Credit (ITC) implications. Learn about tax liabilities and exemptions.
Explore the GST implications on payments to Directors in various capacities – director, employee, or personal service provider – in this comprehensive guide.
Ensure smooth GST return filing for March 2024 with these 10 crucial actions, including reconciliation, ITC claims, RCM liabilities, and opting for the composition scheme.
Learn about the implications of the recent amendments regarding Input Service Distributors (ISD) under GST laws, including compulsory distribution of common ITC and inclusion of input services under RCM.
Ensure GST compliances before September 2022. Reconcile GSTR 2B with input tax credit and avoid financial loss on unclaimed ITC.
Understand GST compliance on the sale of capital goods. Learn how to address this issue in your entity and ensure monthly compliance.
Understanding the chargeability of GST on reimbursement of expenses under section 15 of CGST Act. Learn about the tax implications in relation to providing output services.
Understand the introduction of corporate taxes in UAE and the implications for businesses. Learn about the UAEs federal corporate tax regime and its impact on financial years starting from June 2023.
Understand the implications of Section 194R on benefits and perquisites for residents. Stay updated on tax deductions and reporting requirements.