IRS Reminds Those with Foreign Assets of U.S. Tax Obligations; New Filing Deadline Now Applies to Foreign Account Reports WASHINGTON — The Internal Revenue Service today reminded U.S. citizens and resident aliens, including those with dual citizenship, to check if they have a U.S. tax liability and a filing requirement. At the same time, the… Read More »
Tax Deadline Approaches; Nearly 40 Million to File Returns, Extensions by April 18 IRS YouTube Videos: Need More Time to File Your Tax Return? English | Spanish | ASL WASHINGTON – As the April 18 tax filing deadline approaches, the Internal Revenue Service reminded nearly 40 million taxpayers who have yet to file their tax… Read More »
THE INTEGRATED GOODS AND SERVICES TAX BILL, 2017 Place of supply of services where location of supplier and recipient is in India. 12. (1) The provisions of this section shall apply to determine the place of supply of services where the location of supplier of services and the location of the recipient of services is… Read More »
THE INTEGRATED GOODS AND SERVICES TAX BILL, 2017 Place of supply of goods imported into, or exported from India. 11. The place of supply of goods,–– (a) imported into India shall be the location of the importer; (b) exported from India shall be the location outside India. Read Place of Supply in GST – India /… Read More »
THE INTEGRATED GOODS AND SERVICES TAX BILL, 2017 CHAPTER V PLACE OF SUPPLY OF GOODS OR SERVICES OR BOTH Place of supply of goods other than supply of goods imported into, or exported from India. 10. (1) The place of supply of goods, other than supply of goods imported into, or exported from India, shall… Read More »
THE INTEGRATED GOODS AND SERVICES TAX BILL, 2017 Supplies in territorial waters. 9. Notwithstanding anything contained in this Act,–– (a) where the location of the supplier is in the territorial waters, the location of such supplier; or (b) where the place of supply is in the territorial waters, the place of supply, shall, for the… Read More »
THE INTEGRATED GOODS AND SERVICES TAX BILL, 2017 Intra-State supply. 8. (1) Subject to the provisions of section 10, supply of goods where the location of the supplier and the place of supply of goods are in the same State or same Union territory shall be treated as intra-State supply: Provided that the following supply… Read More »
THE INTEGRATED GOODS AND SERVICES TAX BILL, 2017 CHAPTER IV DETERMINATION OF NATURE OF SUPPLY Inter-State supply. 7. (1) Subject to the provisions of section 10, supply of goods, where the location of the supplier and the place of supply are in–– (a) two different States; (b) two different Union territories; or (c) a State… Read More »
THE INTEGRATED GOODS AND SERVICES TAX BILL, 2017 Power to grant exemption from tax. 6. (1) Where the Government is satisfied that it is necessary in the public interest so to do, it may, on the recommendations of the Council, by notification, exempt generally, either absolutely or subject to such conditions as may be specified… Read More »
THE INTEGRATED GOODS AND SERVICES TAX BILL, 2017 CHAPTER III LEVY AND COLLECTION OF TAX Levy and collection. 5. (1) Subject to the provisions of sub-section (2), there shall be levied a tax called the integrated goods and services tax on all inter-State supplies of goods or services or both; except on the supply of… Read More »