https://www.taxtmi.com/forum/issue?id=111973 Distinction is sought between the Income Tax restriction on specified cash transactions and the Prevention of Money Laundering Act 2002's separate AML reporting and criminal regime. For GST, a service sector NBFC asks whether Reverse Charge Mechanism applies to office purchases of printing and stationery and whether Input Tax Credit is available if RCM applies, and how reimbursements to employees who paid suppliers directly are treated for GST, RCM liability, and entitlement to ITC. en-us Fri, 26 May 2017 13:22:32 +0530 Thu, 23 Jan 2025 15:55:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111973 Distinction is sought between the Income Tax restriction on specified cash transactions and the Prevention of Money Laundering Act 2002's separate AML reporting and criminal regime. For GST, a service sector NBFC asks whether Reverse Charge Mechanism applies to office purchases of printing and stationery and whether Input Tax Credit is available if RCM applies, and how reimbursements to employees who paid suppliers directly are treated for GST, RCM liability, and entitlement to ITC. Discussion-Forum Income Tax Fri, 26 May 2017 13:22:32 +0530 https://www.taxtmi.com/forum/issue?id=111973