Value of taxable supply: Section 15 of GST Act
Section 15: Value of taxable supply: The value of a supply of goods or services or both shall be the...
Month: May 2020
Whether Section 269SU is applicable to B2B Transactions ?
Section 269SU: Acceptance of payment through prescribed electronic modes Every person, carrying on business, shall provide facility for accepting payment...
Section 269SU & Section 271DB applicability
Section 269SU of the Income Tax Act 1961 Section 269SU is applicable to every person who carrying on the business...
Prescribed electronic modes of payment for the purpose of section 269SU
Rule 119AA of the Income Tax Rule 1962: 1. Every person, carrying on business, if his total sales,...
Clarifications in respect of prescribed electronic modes under section 269SU of the Income-tax Act, 1961
Circular No. 12 /2020 F.No.370 142135/2019-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes...
Time of Supply in case of change in rate of tax in respect of supply of goods or services
Section 14: Change in rate of tax in respect of supply of goods or services Notwithstanding anything contained in section...
Time of Supply under Reverse Charge
Time of supply (for Goods) under Reverse Charge (RCM) In case of reverse charge, the time of supply shall be...
Time of Supply of Services under GST
Time of supply of services The liability to pay tax on services shall arise at the time of supply, as...
Time of supply of Goods under GST
1. Time of supply of goods The time of supply of goods shall be the earlier of the following dates,...
Without Guarantee & Security Loan for MSME-Around Rs 3 lakh crores
Rs 3 lakh crores Collateral-free Automatic Loans for Businesses, including MSMEs Businesses/MSMEs have been badly hit due to COVID19 need...