Registered taxpayer has sold car on loss/profit as per WDV method of Income Tax Act, Which document, he should issue-Bill of Supply or Tax Invoice. ... Read Full Issue

XYZ Private Limited, a registered person under GST, received Tax Invoice from GTA with 5% tax. Whether XYZ P Ltd, is liable to pay RCM on its own or ... Read Full Issue

The taxpayer purchased Crane on which ITC (IGST) was availed on 25.08.2020 for 1.94 Lac. Now the same crane has being sold with in state on ... Read Full Issue

The taxpayer has taken GST ITC as per Invoice in respective GSTR-3B. But some goods out of the total invoice were not received. Now the taxpayer has ... Read Full Issue

The taxpayer omitted to take credit of ITC on account of IGST paid on imports for the financial year 2018-19 in GSTR-3B returns of Financial year. ... Read Full Issue

Friernds, The rule 86B says that the said restriction shall not apply where – (a) the said person or the proprietor or karta or the ... Read Full Issue