WebMar 1, 2024 · As a general rule, pure employment contracts incur a GST of 18%, unless exempted. A person working as a GOVT contractor. He did 3 types of work 1 complete … WebNov 6, 2024 · In order to stay in the business, unregistered persons will be compelled to get GST registration. Example: Mr.Ram (registered) purchase goods from 3 unregistered …
Reverse Charge Mechanism (RCM) Unde…
WebFeb 19, 2024 · No liability under rcm. I agree with both experts. My further observations are as under :-. (i) Sub-contractor is supplying manpower supply service ( pure labour service) … normandy farm hotel blue bell pa
RCM under GST: Reverse Charge Mechanism - The Working
Webproviding services outside the scope of Schedule III & is therefore, taxable under GST. Recipient of the said services (company) is liable to discharge applicable GST on it on … WebA recent notification Circular No. 126/45/2024-GST, stated that entry at item (id) under heading 9988 of Notification No. 11/2024-Central Tax (Rate) dated 28- 06-2024 inserted … WebFeb 10, 2024 · Suppose the purchases from registered dealers shortfall 80%, then the promoter should GST at 18% on the reverse charge to the extent short of 80% of inward supplies. However, if the promoter purchases cement from an unregistered supplier, he … ClearTax GST, with its powerful billing, vendor data mismatch reconciliation … GST Registration is a tedious 11 step process that involves the submission of … This will help you to understand GST better. Input Tax Credit. Input tax is the GST … Under GST, a mixed supply will have the tax rate of the item which has the highest … There is a concept of TDS and TCS under GST as well, whose rates are 2% and 1% … This is not new under GST, as under the previous VAT regime, the reverse charge … GSTIN is the GST identification number or GST number. A GSTIN is a 15-digit PAN … how to remove subfolders but keep files