Section 128A offers tax relief by waiving interest and penalties for liabilities from FY 2017-2020 if full tax is paid within a specified time.
Explore ITC availability for insurance companies on vehicle repairs in reimbursement mode. Learn about limits, invoicing requirements, and compliance under the CGST Act.
Understand GST implications on warranty repairs, part replacements, ITC reversal for manufacturers and distributors. Clarifies extended warranty GST treatment.
Rule 32(4) of CGST Rules excludes LIC premium portions from taxable value. No ITC reversal needed for these excluded portions.
Understand the GST taxability of salvage in motor vehicle damage claims. Explore how insurance companies handle GST when dealing with total loss and partial loss scenarios.
Understand GST implications on ESOP, ESPP, and RSU plans, including exemptions and conditions for Indian subsidiaries and foreign parent companies.
Understand compliance for CGST Act Section 15(3)(b)(ii) with our guide on discount agreements, ITC reversal, and necessary certificates.
Explore GST implications for personal and corporate guarantees provided by directors and holding companies, including valuation, RCM, and GST rates.
Explore special procedure mandated for manufacturing specified goods, including forms SRM-I, SRM-IA, SRM-IIA, SRM-IIB, SRM-IIIA, SRM-IIIB, and SRM-IV. Deadlines and details revealed.
Explore the TDS provision under GST as of 31st Oct 2023. Learn about regulations, implications, and recent updates. Ensure compliance for smooth transactions.
