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79 (1) (c)
Indirect Taxation
answered on 13-Apr-24 03:29
Hi sir, Under section 79 1 c, what if garnishee has already paid the amount due to his creditor before recieving of recovery order. Or what if balance due is wrong as per government records. Is there a provision that, garnishee has opportunity to reply to the order.
latest answer
Generally it is proven by way of submitting the creditor statement and evidence of payments done
Pavan B R
CA Final
★ 720
3
70
Appelate tribunal
Indirect Taxation
answered on 15-Apr-24 14:43
There is an amendment in the appelate tribunal concept ryt? I didn't understand that. Can u pls explain that
latest answer
It deals with the pre deposit to be paid. What is your exact doubt there ?
Pavan B R
CA Final
★ 720
1
81
Refund of igst to a tourist
Indirect Taxation
answered on 13-Apr-24 03:32
Sir, won't it be a loophole. Let's say I'll tell my friend, who is a tourist to india to purchase costly goods in india and claim refund in airport. And whenever i go to foreign (to my friend place) I'll collect that goods from him?
latest answer
If you collect and bring to India they will be subject to import duty or baggage duty
Pavan B R
CA Final
★ 720
1
69
Composition scheme
Indirect Taxation
answered on 08-Apr-24 12:16
For restaurant service providers .. turnover limit under composition scheme is also 1 5.cr .any other limit for service , limit for goods and services may vary?
latest answer
Ok sir thank you
MONIKAA RAMESHKUMAR
CA Inter
★ 710
2
70
CGST sec 9(4)
Indirect Taxation
answered on 12-Apr-24 19:10
Input and input services purchases by a real estate sector is given and the requirement is to find out the RCM payable (kindly refer attachment) In case of other input, in order to find whether input and input services are more than 20%, we should consider cement also in numerator as purchases from unregistered? (As provided) Or instead the numerator will be 10 only, because we paid tax for cement under rcm. In such case the RCM will be 10.4 only as input services are less than 20%. [10÷125=8%]
latest answer
Ok Thank you sir
Anu T
CA Final
★ 0
2
89
Input tax Credit
Indirect Taxation
answered on 08-Apr-24 09:27
In this video under Section 17 (3)in the example of exempt supply include supply on which recipient is liable to pay tax on RCM ,the ITC is not allowed for lawyer or recipient and Sir u said that ITC is not allowed for sale of land and building but they didn't mention for other points ITC is not allowed under Sec 17(3) But generally for all the of Schedule 3 there is no ITC right as it is neither regarded as supply of goods not regarded as supply of service
latest answer
Specifically they have excluded the points in exempt supply which we have discussed.
Lavi Lavanya
CA Inter
★ 6K+
1
104
CA Inter indirect taxes
Indirect Taxation
answered on 01-Apr-24 05:50
sir is Notes of indirect taxation Ca inter available in free resources Updated for May 2024 Attempt after considering Amendments???????
latest answer
Yes it is updated
nisam M
CA Final
★ 23K+
1
89
Notes of indirect taxation Updated for May 2024 Attempt
Indirect Taxation
answered on 01-Apr-24 05:50
sir is Notes of indirect taxation available in free resources Updated for May 2024 Attempt after considering Amendments???????
latest answer
Yes it is updated
nisam M
CA Final
★ 23K+
1
103
Input tax Credit
Indirect Taxation
answered on 01-Apr-24 05:50
If motor vehicle used for personal purpose where seating capacity is more than 13 person? Is ITC allowed?
latest answer
No it is not allowed since it is personal purpose
Lavi Lavanya
CA Inter
★ 6K+
1
98
Place of supply
Indirect Taxation
answered on 30-Mar-24 20:21
Anyone please clarify this question 31..why they are considering address on record in 12 (9) section
latest answer
POS shall be the place where passenger embarks the conveyance for continuous journey. May be clerical error.
Lavi Lavanya
CA Inter
★ 6K+
1
88