Notification No. 12/ 2017- Central Tax (Rate) dated 28th June, 2017 (as amended from time to time) describes exemption on services 1. Explain briefly about Exemptions for Insurance related Services and Provident fund and NPS related Services.
IntroductionRelated party transactions are always followed with the presumption that it is not a arm length principle and thus the provisions of tax allows prescribe that any transaction done at the market value of the good or service and is also based on the common commercia...
IntroductionIn case, someone no longer require the GST registration, he can cancel the same. The reason for such cancellation includes no applicability of GST, shutting down of business, retiring from profession etc. In some of the cases, the tax officer can also cancel...
Introduction In GST the E-invoicing system can be termed as digital invoice. It is produced for goods an...
Introduction Recently, there are so many cases of fraudulent cases related to input tax credit that has been discovered by the GST authorities. There has been a ...