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Scope of remission of tax in GST where the supplies are found to be deficient in quantity

Goods and Services Tax - Started By: - CA Surender Gupta - Dated:- 11-9-2016 Last Replied Date:- 14-9-2016 - Section 11 of the First Draft Model GST Act states that: 11. Remission of tax on supplies found deficient in quantity (1) The Central or a St .....

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f the supply, fix the limit or limits of percentage beyond which no such remission shall be allowed. Now various question arouse about the the scope and coverage of the remission of tax as per the above stated provision as follows: Will it be in line .....

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ss. Finally, what was the need to bring this kind of provision in GST. Will it not being inspect raj indirectly? - Reply By CA Surender Gupta - The Reply = As per my understanding, the intention and purpose of bringing the kind of provision as above .....

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rage loss, transportation loss or any other loss due to natural event or any other reason before occurring of supply event, remain unaddressed and would lead to undue harassment. To understand further, pl see an issue of 'Invisible Loss' in T .....

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sment, pertaining to 'Invisible Loss' during manufacturing activity - Held that:- matters are remanded to the respondent for fresh consideration, who shall cause inspection of the petitioner's Factory and ascertain the manufacturing proce .....

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use notices to the petitioner, and after considering the objections filed, and after affording opportunity of personal hearing, the respondent is directed to redo the assessment in accordance with law. Now my concern is how these issues will be addre .....

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The law should have clear direction. Thanks. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Your concern is good. We may not expect the remission is in line with Central Excise. The Actual provisions of Act and Rules and will make it clear. Now the .....

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ni - The Reply = Sir, in my view the GST provision is nothing but advance version of VAT. I mean to say the concept of taxing is same as that of VAT. The impressive point is that it evades cascading effect as most of the taxes now will be charged and .....

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