Composite inpatient healthcare supply may retain exemption despite MRP medicine billing, while separate taxable sale characterisation remains disputed...
Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
Liability of GST - supply on discounted price - As per Rule 27 of GST Rules where the supply of goods or services is for a consideration not wholly in money, the value of the supply shall be the open market value of such goods - if electrical items like, switches, fan, cables etc. are supplied as CSR expenses on free basis without collecting any money then input tax credit will not be available u/s 17(5)(h) of the KSGST and CGST Act
Liability of GST - supply on discounted price - As per Rule 27 of GST Rules where the supply of goods or services is for a consideration not wholly in money, the value of the supply shall be the open market value of such goods - if electrical items like, switches, fan, cables etc. are supplied as CSR expenses on free basis without collecting any money then input tax credit will not be available u/s 17(5)(h) of the KSGST and CGST Act
Note: It is a system-generated summary and is for quick reference only.
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