This explains how GST treatment of vouchers depends on the real nature of the transaction, not labels. Misclassification can lead to higher tax exposure and compliance risks.
The taxability of grants under GST depends on whether the funding represents consideration for a supply. If a grant involves contractual deliverables or obligations, it may be treated as taxable consideration.
The concept of actionable claims to tax professionals in this decade is the same as concept of works contract was to tax professionals of 1970s. Unclear, uncharted and mysterious. In this article, an attempt has been made to navigate these shady lanes from a tax professional’s perspective.
Haryana revives entry tax after 8 years, sparking legal concerns. Understand the implications, recovery limits, and legal remedies for businesses.
Analysis of Gujarat High Court’s judgment on GST for GIDC leasehold rights. Highlights flaws in equating leasehold with ownership and GST implications.
Analysis of Safari Retreats judgment by Apex Court, focusing on GST’s ITC provisions, plant definitions, and implications for renting and leasing services.
Article explains how Supreme Court’s ruling on royalty as a non-tax impacts GST disputes related to land activities, including development and leasehold rights.
Dive into the intricacies of GST implications for seconded employees across various business models. Understand taxability, legal nuances, and potential risks.
Explore the complex world of GST and seconded employees, analyzing control, supervision, and costs. Learn about legal nuances and practical considerations.
Although with the advent of E-commerce, the distance between a manufacturer and an end consumer is reducing day by day, however, the age-old system of a supply chain consisting of manufacturers, depots, stockiest, distributors, wholesalers, retailers etc. is still in existence.
