Tax Management India. Com
                            Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals SMS News Articles Highlights
        Home        
 
Extracts
Home List
← Previous Next →

Applicability of GST

Goods and Services Tax - Started By: - Vineet Kt - Dated:- 1-8-2018 Last Replied Date:- 28-8-2018 - Sir,I am employee of a bank and had availed furniture reimbursement facility from the Bank. Now I have resigned and the bank is charging gst on the wd .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ITC was taken, GST is applicable on transaction value.Thanks - Reply By Ganeshan Kalyani - The Reply = GST will be charged / collected from you by the Bank and pay to the government. The tax can be inclusive of the price or exclusive. It depends upo .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

T. The Bank is not basically supplying me any new goods. Moreover, since it is a off transaction for the Bank and is not a regular business transaction. - Reply By Ganeshan Kalyani - The Reply = They had two option - one claim input tax credit on the .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

y view if you bank had taken credit in past then the gst payable in only on the differential value. - Reply By Vineet Kt - The Reply = Thanks Sir. Understood now. - Reply By Ganeshan Kalyani - The Reply = Welcome Sir. - Reply By DR.MARIAPPAN GOVINDAR .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.