The Central Board of Indirect Taxes and Customs has issued the clarification on time limit under Section 16 of CGST Act, 2017 in respect of RCM supplies received from unregistered persons.The Board has received the representations from trade and industry seeking clarity on the applicability of time limit specified under section 16 of Central Goods & Services Tax Act, 2017 …
The Maharashtra Authority of Advance Ruling has ruled that the transfer of monetary proceeds by IVL India to the applicant IVL Sweden will be liable for payment of integrated goods and services tax under the reverse charge mechanism.The two-member bench of M. Rammohan Rao and T.R. The Maharashtra Authority of Advance Ruling has ruled that the transfer of monetary proceeds …
