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Not covered under GST

Indirect Taxation

answered on 13-Oct-22 08:38

Is electricity not covered under GST ?

latest answer

It is exempted from levy of GST by notification from the Central Government in this regard. Notified supplies can , whenever the Government thinks to levy GST ,it can do so by notifying that GST will be levied on such supplies hereon

CHINTHA SHARAN

CHINTHA SHARAN

CA Inter

80

3

483

Capital Gains

Direct Taxation

answered on 14-Oct-22 16:01

Can anyone help with this?

latest answer

Thank you sir

Sumit Tiwari 3311

Sumit Tiwari 3311

CA Final

17K+

4

506

DRR Investment

Accountancy

answered on 13-Oct-22 11:34

If we calculate DRR Investment based on value of debentures maturing between 30/04/y1 and 31/03/y2, will the debentures maturing between 01/04 to 29/04 of y1 be unaccounted?

latest answer

Pardon me sir I didn't refresh the page and so saw your message after I posted that question. Thanks a lot for your response sir

Aswin Chandar

Aswin Chandar

CA Final

40K+

9

473

doubt

Strategic Management

answered on 14-Oct-22 14:12

difference bwtween core comoetency and competitive advantage

latest answer

Understood sir

Shru Kanda

Shru Kanda

CA Inter

610

5

513

competitive advantage

Strategic Management

answered on 13-Oct-22 12:11

so lets say a company has a competitive advantage in the field of more customers, but makes less profit that its competitive company ..so now can we call dis company has a competitive advantage r not... my question is ,is it necessary to hv a high profitability with core competencies..

latest answer

OK sir

Shru Kanda

Shru Kanda

CA Inter

610

3

579

Marginal supply of goods

Indirect Taxation

answered on 14-Oct-22 09:18

Notification 2/2019 dated 7.3.2019 Composition scheme for service provider, @6â?? . Does this scheme applicable to mixed supplier who is engaged in services along with small amount of goods also or is this rate for pure services only?

latest answer

Sec 10(2A) for mixed suppliers

Mansha Tutlani

Mansha Tutlani

CA Final

555

1

455

Answer presentation

Corporate & Other Laws

answered on 12-Oct-22 20:40

I wrote answers for other laws in May 2022 not in perfect manner...but by intention of the answers are correct( i mean destination is correct but the way explaining is wrong) How will I sort out these kind of problem!?

latest answer

AIR certified copies AVAILABLE in this app under free resources......

mugi Mugilan

mugi Mugilan

CA Final

13K+

2

479

Composition vs Regular

Indirect Taxation

answered on 12-Oct-22 20:24

-Manufacturers, supplier of services pay tax on total turnover in a state including exempt supplies. If they had registered under regular scheme, they would have paid on tax on taxable supplies only. Further ITC availability. What is the attractive feature of composition scheme? Low rates, lesser compliance.. But still I believe Regular scheme is much better.

latest answer

Only one return is to be filed. But Tax is to paid on quarterly basis CMP 08

Mansha Tutlani

Mansha Tutlani

CA Final

555

2

475

Indigo learn Economics course CA foundation

Exams

answered on 12-Oct-22 18:51

Is the Indigo learn Economics course (paid) they teach with slides and animations just like they did in Law ? Somebody please answer who has taken the course of Indigo learn for Economics. Do they teach with animations just like they do in Law ? Or they teach just by writing on the screen with digital pen ?

latest answer

Actually I had a chat with their consultant. They told they will release an opportunity to purchase particular chapters at Rs 99 each in the beginning of November. So I have decided to purchase a few important chapters like Theory of Demand, Price and Supply etc. in November. I don't want to purchase the whole course. I would prefer YouTube marathon for it as on YouTube I have marked some teachers are teaching directly from the Icai mat with highlights and colour marking.

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CMA Inter

250

21

608

Marginal supply of services

Indirect Taxation

answered on 14-Oct-22 13:32

What is the rate of marginal supply of services under composition scheme( Second proviso to sec 10(1) read with sec 10(2) (a))

latest answer

Ok. . Thankyou sir

Mansha Tutlani

Mansha Tutlani

CA Final

555

4

962