Browsing Tag

2019

TCS GST – Practical Aspects on Collection of Tax at Source in GST

Raju Choudhary Jan 17, 2020 0

After 1 year of successful implementation of GST, the government had finally give his nod on the applicability of the provisions related to TCS and TDS under GST with effect from 01.10.2019; all provisions related to TCS are covered under…

CGST

Amortarisation of Cost of Moulds and Dies treatment under GST Law

Raju Choudhary Jan 13, 2020 0

Whether amortisation cost of Dies & Moulds supplied on Free of Cost (FOC) to Components Supplier to be included in the cost of the components for the purposes of levying GST Amortarisation of Cost of Moulds and Dies treatment under…

CGST

Taxability and Valuation of free supplies under GST Act

Raju Choudhary Jan 9, 2020 0

Taxability and Valuation of Free Supplies is subject matter of Dispute. Term "Free Supply" is not defined under GST Act, however in general sense Free Supplies means supply of goods or services or both without any consideration. A) Free…