No tax will be payable by the manufacturer or the job worker : Shall a manufacturer or a job worker become liable to pay tax if the inputs or semi-finished […]
All posts by Rishi Banshal - 2. page
Professional Tax Consultant and Article Writer
Two examples of registered taxable persons who are not liable to be registered under the existing law (Central Excise / VAT) but are required to be registered under GST
Two examples of registered taxable persons who are not liable to be registered under the existing law (Central Excise / VAT) but are required to be registered under GST Give […]
VAT credit was not available on items ‘X’ & ‘Y’ as capital goods in the existing law (Central Excise):
VAT credit was not available on items ‘X’ & ‘Y’ as capital goods in the existing law (Central Excise): VAT credit was not available on items ‘X’ & ‘Y’ as […]
Sales return under CST is allowable as deduction from the turnover within six months
Sales return under CST is allowable as deduction from the turnover within six months : Sales return under CST (i.e. Central Sales Tax Act) is allowable as deduction from the […]
CENVAT in GST regime
CENVAT in GST regime : A registered person, say, purchases capital goods under the existing law (Central Excise) in the June quarter of 2017-18. Though the invoice has been received […]
The recovery relating to ITC wrongfully enjoyed
The recovery relating to ITC wrongfully enjoyed : Assuming the registered person has wrongly enjoyed the credit (Refer to Q4) under the existing law, will the recovery be done under […]
CENVAT credit (or VAT credit) carried forward in the last return prior to GST under existing law be available as ITC under GST
CENVAT credit (or VAT credit) carried forward in the last return prior to GST under existing law be available as ITC under GST : Will CENVAT credit (or VAT credit) […]
Conditions
Conditions : What are those conditions? Ans. The conditions are that: – (i) the said amount of credit is admissible as input tax credit under this Act; (ii) the registered […]
The security measures being taken by GSTN to ensure security of the GST system
The security measures being taken by GSTN to ensure security of the GST system : What are the security measures being taken by GSTN to ensure security of the GST […]
Material will be provided by GSTN, on various aspects of working on GST portal, for the benefit of taxpayers
Material will be provided by GSTN, on various aspects of working on GST portal, for the benefit of taxpayers : What material will be provided by GSTN, on various aspects […]