Sirs, E invoice is to be issued or not for supply of Rice(HSN 1006) more than 25 kg single pack (Prepackaged and Labelled). As per Ministry of ... Read Full Issue
XYZ is recovering amount from supplier as penalty towards late delivery of goods. Is XYZ required to pay GST on the amount recovered in view of the ... Read Full Issue
VALUE OF TAXABLE SUPPLY 1. As per Section 15(1) of the GST Act, 2017, the value of supply of goods or services or both shall be the transaction ... Read Full Issue
As per Circular no 31/05/2018-GST, The monetary limit for issuance of SCN by the Superintendent of Central Tax is as follows:- Monetary limit of ... Read Full Issue
Kind Experts,In the instant case, this query emanates from the situation where I have filed & verified an individual's ITR for AY 2022-23 on ... Read Full Issue
We have an canteen at plant having more than 250 Employees, canteen contractor billing at 5% GST. We are providing subsidized foods to employees ... Read Full Issue
As per Rule 89 of CGST Rules, Maximum Refund Amount = [(Turnover of inverted rated supply of goods and services) x Net ITC ÷ Adjusted Total ... Read Full Issue