Explore Section 12 of CGST Act 2017, focusing on the time of supply of goods and answering FAQs to understand tax liability, invoice, payments, reverse charge, vouchers, and more.
Get clarity on Section 73 of CGST Act, 2017 with frequently asked questions. Understand the determination of tax issues and penalties for non-compliance. Stay informed with our comprehensive guide.
Which Proper Officer can issue authorisation for Inspection, Search and Seizure under Section 67 of CGST Act, 2017?
Explore the critical aspects of GST Section 129 governing the detention, seizure, and release of goods and conveyances in transit. Get insights into the applicable penalties, types of goods covered, and the necessary compliance steps. Prakasha & Co. offers comprehensive guidance on the intricacies of Section 129, ensuring businesses stay compliant with GST regulations. Stay informed and navigate the complexities of goods and conveyance detention under the GST Act with our expert insights.
Section 130 was introduced with a view to avoid any transportation of Goods using unfair means , where the taxpayer has an intention to evade tax.
New Tax Regime: The New Tax Regime shall be treated as Default Regime. The taxpayers shall still have an option to choose from the prior regime (OLD TAX REGIME). Change in Income Tax Exemption Limit: The Tax limit has been enhanced from Rs 5Lakhs to Rs 7 Lakhs that means individual up to Rs 7 Lakh income shall be exempted and need not to make any investment to claim tax slab exemption.
As we all know the Renting of Immovable Property is one of the debatable topics with regards to it Place of Supply, Registration and other aspects. However I am sharing my views on the GST applicability on Renting of Immovable Property
