Web11 Apr 2024 · Existing clause (viii) to sub section (1) of Section 9 of the Act provides that where any non-resident received any sum of money or value of property from the resident person, without consideration, the aggregate value of which exceeds Rs. 50,000 that it shall be deemed to be accrue or arise in India in the hands of such non-resident person. Web15 Dec 2024 · As per Sec 9(4) of the Indian CGST Act, 2024 person purchasing goods from an unregistered dealer is liable to pay GST on a reverse charge basis. Indian Government …
Controversy of Section 9(4) RW Section 74(1) of CGST Act, 2024
Web15 Feb 2024 · The proposed provision has provided various scenarios where ITC can be restricted (such as where there is a default in payment of tax or filing of returns and such default is continued for a period to be prescribed, mismatch in tax liability of GSTR-1 and GSTB-3B). Further, it has been provided that the recipient cannot avail ITC in these cases. Web24 Feb 2024 · Section 9(4) of the CGST Act states that if a vendor is not registered under GST supplies goods to a person registered under GST, then reverse charge would apply. … evsc rds parent access
CGST Act 2024 With Amendments Updated Till February 2024
WebSection 9 Levy and collection of CGST ACT, 2024 (1) Subject to the provisions of sub-section (2), there shall be levied a tax called the ... Tax liability on composite and mixed … Web12 Apr 2024 · The respondent State authorities have acknowledged the fact of non-constitution of the Tribunal and come out with a notification bearing Order No. 09/2024-State Tax, S. O. 399, dated 11.12.2024 for removal of difficulties, in exercise of powers under Section 172 of the B.G.S.T Act which provides that period of limitation for the purpose of ... Web20 May 2024 · Section 9(4) of CGST Act – Supply received from Unregistered person : In case of receipt of supply of goods or services or both from unregistered supplier, … evsc report absence