Web10 Apr 2024 · GST implications on Part 2 - Mr. X supplies goods to Mr. Y. Section 15 (1) of the CGST Act provides that the value of supply of goods or services shall be the transaction value. Further, the transaction shall include various items listed in Section 15 (2) which inter-alia includes any amount charged by the supplier for anything done in respect ... Web22 hours ago · 8.2 As per Section 5(1) of IGST Act, 2024, ‘subject to the provisions of sub-section (2), there shall be levied a tax called the integrated goods and services tax on all inter-State supplies of goods or services or both, except on the supply of alcoholic liquor for human consumption, on the value determined under section 15 of the Central Goods and …

cgst section 18 availability of credit in special circumstances 2

Web20 hours ago · The petitioner claims to have produced the documents on the date fixed, however, an order came to be passed thereafter without issuance of any show cause notice to the petitioner levying the tax liability of Rs.26,10,000/- and further an amount of Rs.26,10,000/- was determined as penalty to be paid by the petitioner and further a fine of … Web12 May 2024 · Section 18 – Availability of credit in special circumstances Section 19 – Taking input tax credit in respect of inputs and capital goods sent for job work. Section 20 … curwins financial \\u0026 mortgage advisers ltd

Section 18 – Availability of credit in special circumstances

WebIncome tax for NRI. Capital gain income. Section 80 savings. House property. File TDS. Guide on income tax. Guide for professionals. How to e-file ITR. Income tax refund status. Web12 Oct 2024 · Section 18 of CGST Act : Availability of credit in special circumstances (1) Subject to such conditions and restrictions as may be prescribed (a) a person who has … Web1 day ago · Allahabad High Court held that provisions of section 15 of the GST Act doesnt prescribe valuation of goods on the basis of eye estimation. Accordingly, impugned ... on … chase in you