Value of supply of goods made or received through an agent under GST
Any supply from Principal to an agent or otherwise will attract GST and thus either of the parties need to...
Value of supply between distinct and related persons (excluding Agents) under GST
Summary of Rule 28 of GST Rule 2017: Value of supply between distinct and related persons (excluding Agents) A person...
Value of supply of under GST where the consideration is not wholly in money
As a general principal, value of supply will be the amount of consideration received in money from the buyer. However,...
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...
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...