What is a cognizable offence ? Generally, as per Criminal Procedure Code, cognizable offence means serious category of offences in respect of which a police officer has the authority to make an arrest without a warrant and to start an investigation with or without the permission of a court. However, GST being a special legislation,… Read More »
How is GST Charged in case of Import of goods ? Value of the goods for the purpose of levying IGST in case of import of goods shall be, assessable value plus Customs Duty levied under the Act, and any other duty chargeable on the said goods under any law for the time being in… Read More »
The Central Government provides Security service to a government authority, whether such services shall be taxable under GST ? There is NIL GST on Following Services :- Services by the Central Government, State Government, Union territory or local authority excluding the following services— (a) services by the Department of Posts by way of speed post, express… Read More »
Our company is working as a Project Management Consultancy (PMC) for govt. dept. for road work. Do we need to pay GST ? There is NIL GST on Pure services (excluding works contract service or other composite supplies involving supply of any goods) provided to the Central Government, State Government or Union territory or local… Read More »
I rent a shop [Commercial prop.] located in MUMBAI to a Delhi Registered [GST] Company .Since the location of commercial property is in Mumbai Should I charge SGST & CGST or Just because the agreement is with a Delhi Registered Company , I should charge IGST. Section 12 of IGST Act 2017 …. (3) The… Read More »
Can a company can take/avail credit on repairs of building which is in the nature of work contract. Account Head debited in its Profit and Loss book is Building Repair ? Section 17 (5) of CGST Act 2017 ….. , input tax credit shall not be available in respect of the following, namely: …. (d) goods… Read More »
Can a company can take ITC (Input Tax Credit) on IRCTC tickets when the company is sending its employees to official tour purpose ? Section 16. (1) of CGST Act 2017 : Every registered person shall, subject to such conditions and restric- tions as may be prescribed and in the manner specified in section 49, be… Read More »
GST on Transfer of business as going concern Mr. Ram, a sole proprietor has transferred all assets and liabilities of his business carried on under the name and style of Ram Interiors as a going concern to M/s XYZ Private Limited . Is Mr A liable to pay GST on this transfer of business ?… Read More »
We are authorised CAR dealer and our showroom is located in Surat, [Gujarat]. We sale car and provide car repair service. Our customers belong to Daman & Silvassa (Daman & Silvassa are Union Territories). 1.Place of Supply for Sale of Car if customer address is of Daman & Silvassa ? 2.Place of Supply for Repairs… Read More »
Whether person is required to take GST registration if Total Turnover of tax free goods Rs. 1 crore and Sale of taxable scrap (printer, toner etc.) at the end of year is Rs. 10,000 ? Persons liable for registration. Section 22 of CGST Act 2017 (1) Every supplier shall be liable to be registered under this… Read More »