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.
‘Business Transfer’ here is referred for Slump sale transactions where a running business units or business as a whole are transferred for a lumpsum consideration without assignment of values to individual assets and liabilities’. In this regard, we have witnessed an important AAR as well in the case of M/s. Rajashri Foods Private Limited. However, […]
This write up is an analysis of GST exemption on pure services provided by registered taxable person to Government. Since services to government needs special attention of the service providers, it is our endeavour to highlight some areas which needs to be examined before treating the services as exempted under the serial no. 3 of notification no. 12/2017 i.e. for pure services. In this write up, we have covered following areas:
As per the Indian indirect tax laws including Customs and GST, taxes shall not be exported outside India. In other words, the taxes shall not be charged from customers located outside India. The reason is to boost the exports to increase the inflow of foreign currency in India. In this write up, we will analyse […]
