Under section 9 5 of the cgst act 2017

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Web5 Jul 2024 · Section 5 of the CGST Act 2024 establishes the hierarchy of authorities and the distribution of powers and responsibilities among them. It enables officers to delegate their powers and duties to subordinate officers and allows officers with concurrent jurisdiction to exercise the powers and duties of central tax officers. —– Web2 Dec 2024 · Section 9 (5) The Government may, on the recommendations of the Council, by notification, [ Refer Notification No.17/2024] specify categories of services the tax on …

Reporting of supplies notified under Section 9(5) /5(5) of the CGST …

Web5 Jul 2024 · Section 5 of the CGST Act 2024 establishes the hierarchy of authorities and the distribution of powers and responsibilities among them. It enables officers to delegate … Web17 Aug 2024 · There are two provisions under which GST is payable under reverse charge: A) The first one is payable under section 9 (3) of CGST Act, 2024. A list of goods and services on which the tax is payable under the said section is notified thru notification. B) The second provision to pay tax is provided under section 9 (4) of CGST Act, 2024 where … can cats with thyroid have dairy

LIST OF GOODS AND SERVICES NOTIFIED UNDER REVERSE …

Web“As ‘restaurant service’ has been notified under section 9 (5) of the CGST Act, 2024, the electronics commerce oprator (ECO) shall be liable to pay GST on restaurant services … WebGoods & Service Tax, CBIC, Government of India :: Home Web30 Nov 2024 · Section 9 (5) of the CGST Act is a special case focusing on e-commerce operators. For service-oriented businesses operating through an e-commerce operator, … fishing reno

Section 49 of CGST Act 2024: Payment of Tax, Interest ... - CA Club

List of Goods and services under RCM in GST - Taxwink

Web11 [(2A) Notwithstanding anything to the contrary contained in this Act, but subject to the provisions of sub-sections (3) and (4) of section 9 , a registered person, not eligible to opt to pay tax under sub-section (1) and sub-section (2), whose aggregate turnover in the preceding financial year did not exceed fifty lakh rupees, may opt to pay, in lieu of the tax … Web(Notification no. 65/2024 – CGST) 3) ... What is section 9(5) and Services covered under Section 9(5) of CGST Act? Section 9(5) states that the government may specify the categories of services on which e-commerce operator is liable to collect and pay GST as if e-commerce operator is providing the service. All the provision will apply to such ... fishing rend lake illinoisWeb26 Jan 2024 · ‘Reverse Charge’: - the liability to pay tax by the recipient of the supply of goods or services or both instead of the supplier of such goods or services or both under section 9 (3) or 9 (4) of CGST Act or under section 5 (3) or 5 (4) of IGST Act. fishing renewal

"Web29 Apr 2024 · A fundamental postulate of jurisprudence is the presumption of innocence, meaning thereby that a person is believed to be innocent until found guilty. Unfortunately, some of these basic principles appear to have been lost sight of with the result that more and more persons are being penalised despite being innocent. 8. " - Under section 9 5 of the cgst act 2017

Under section 9 5 of the cgst act 2017

Section 16 of CGST Act 2024: Eligibility & Conditions For Taking …

Web28 Sep 2024 · Section 49 of CGST Act 2024: Payment of Tax, Interest, Penalty and Other Amounts (CHAPTER X – PAYMENT OF TAX) (1) Every deposit made towards tax, interest, … Web10 Oct 2024 · (10) The proper officer shall issue the order under sub-section (9) within a period of five years from the due date for furnishing of annual return for the financial year to which the tax not paid or short paid or input tax credit wrongly availed or utilised relates to or within five years from the date of erroneous refund.

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WebSection 9 (5) of the CGST Act states that if a service provider uses an e-commerce operator to provide specified services, the reverse charge will apply to the e-commerce operator and he will be liable to pay GST. This section covers the services such as: Transportation services to passengers by a radio-taxi, motor cab, maxi cab and motorcycle. Web28-06-2024 has w.e.f 1st July 2024 provided the category of services on which IGST needs to be paid on the reverse charge basis completely (100%) by the recipient of such services. The list of services as notified under the CGST Act is replicated under IGST Act also. In

Web14 Apr 2024 · What does Section 16 say: Section 16 of CGST ACT 2024 talks about Input Tax Credit mechanism, which allow the Taxpayers to offset the GST Input Tax Credit with the GST Output Tax Liability. This helps in avoiding the cascading effect of taxes and promote seamless flow of credit through the entire supply chain. FAQ […] Web23 Oct 2024 · Hence, the government made them accountable to collect a minimum amount in name of tax before transferring the proceeds to each of these sellers. This will help in tracking all those small sellers who otherwise would have been out of tax authorities reach.

Web5 Jul 2024 · Section 9 of the CGST Act 2024 is the foundation of the GST regime, governing the levy and collection of CGST on intra-state supplies of goods and services. It … WebComplete CGST ACT, 2024 with list of Chapters and Sections. CHAPTER I - PRELIMINARY Section 1 - Short title, extent and commencement; Section 2 - Definitions; CHAPTER II - …

WebCGST ACT 2024 In this Act, unless the context otherwise requires,–– (1) “actionable claim” shall have the same meaning as assigned to it in section 3 of the Transfer of Property Act, 1882; (2) “address of delivery” means the address of the recipient of goods or services

Webto notify ‚Restaurant Service‛ under section 9(5) of the CGST Act, 2024. Accordingly, the tax on supplies of restaurant service supplied through e- commerce operators shall be paid … can cats with urinary problems eat tunaWeb30 Dec 2024 · Section 9 (5) deals with taxability of supply of services –output tax of which shall be paid by e-commerce operator even though e-commerce operator is not the actual supplier. E-commerce liable to comply with GST provisions as if he is supplier of services … can cat tails fall off fishing reno nevadaWeb4 Aug 2024 · On any supply that is not notified under section 9 (5), that is supplied by a person through ECO, the liability to pay GST continues on such supplier and ECO shall continue to pay TCS on such supplies. Thus, present dispensation continues for ECO, on supplies other than restaurant services. can cat tapeworms infect humansWebSimilarly, section 9 (4) of CGST / SGST (UTGST) Act, 2024 / section 5 (4) of IGST Act, 2024 provides that the tax in respect of the supply of taxable goods or services or both by a supplier, who is not registered, to a registered person shall be paid by such person on reverse charge basis as the recipient and all the provisions of this Act shall … fishing rental big bearWeb20 Apr 2024 · Section 9(3) of CGST Act and section 5(3) of IGST Act state that Government can specify categories of supply of goods or services or both, the tax on which is payable on reverse charge basis Government … fishing rental at spiWeb30 Sep 2024 · Section 9 (5) of CGST Act 2024 is a charging section under GST for supply of notified services. This section deals with taxability of supply of services, the output tax of … fishing rental cabins near me