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79 (1) (c)

Indirect Taxation

answered 14 hrs ago

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

Pavan B R

CA Final

720

3

25

Appelate tribunal

Indirect Taxation

asked 2 days ago

There is an amendment in the appelate tribunal concept ryt? I didn't understand that. Can u pls explain that

latest answer

No answers yet!!

Pavan B R

Pavan B R

CA Final

720

0

21

Refund of igst to a tourist

Indirect Taxation

answered 14 hrs ago

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

Pavan B R

CA Final

720

1

31

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

MONIKAA RAMESHKUMAR

CA Inter

710

2

34

CGST sec 9(4)

Indirect Taxation

answered 23 hrs ago

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

Anu T

CA Final

0

2

44

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

Lavi Lavanya

CA Inter

6K+

1

64

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

nisam M

CA Final

23K+

1

59

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

nisam M

CA Final

23K+

1

54

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

Lavi Lavanya

CA Inter

6K+

1

60

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

Lavi Lavanya

CA Inter

6K+

1

62

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