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Section 16 of the CGST Act, 2017: Eligibility and Conditions for taking Input Tax Credit
(1) Every registered person shall, subject to such conditions and restrictions as may be prescribed and in the manner specified in section...
Private Placement
Company often fall short of funds and think for sources or ways to raise from. Out of many ways, one is through private placement....
Taxability of Sale of Parking Space by Builders
Nowadays, builders are facing problem regarding taxability of parking space they are offering in the building premises / residential...
Are exempted supplier liable to pay tax under RCM?
Often GST registered tax payer who are making supply of exempted goods and/or services comes up with the doubt whether they are liable to...
Transfer of Monetary Proceeds to Foreign Parent Company by its Indian Subsidiary – GST Payable?
Exchange of services and consideration is normal between subsidiary and its parent company. These entities are treated as deemed distinct...
Taxation Benefits for Startup
With the expanding markets, Government of India is encouraging more and more people of start their business with new ideas and to generate...
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