Dear Members,
How to determine the credit attributable to exempt supplies in cases where the inputs/input services are used for effecting exempt supplies in addition to taxable supplies?
supplies
taxable
exempt
attribution
credit
Please clarify whether Incentives received on supply of exempt goods is taxable under GST ex. retail outlet of petrol and diesel.
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Dear Members,
What if a person sells his pre-owned car of Rs. 25 lacs to a dealer of second-hand cars, will he be covered under the casual taxable person and does he needs to deposit the tax?
Please advice!!!
Dear member,
Please Suggest
Whether the amount required to be deposited as advance tax while taking registration as a casual taxable person (CTP) should be 100% of the estimated gross tax liability or the estimated tax liability payable in cash should be calculated after deducting the due eligible ITC which might be available to CTP?
Thank you.(*_*)
What happens if the taxable person files the return but does not make payment of tax ?
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