Circular no. 92/11/2019-gst dated 7-3-2019
WebApr 16, 2024 · It has been clarified vide Para C of CBI&C circular No. 92/11/2024-GST dated 7-3-2024 that discounts offered by suppliers to customers (including staggered discount under ‘Buy more, save more scheme’ and post supply volume discounts established before or at the time of supply) are excluded to determine value of supply if … WebCircular No. 123/42/2024– GST Page 3 of 4 10 lakhs, from various suppliers during the month of Oct, 2024 and has to claim ITC in his FORM GSTR-3B of October, to be filed by 20th Nov, 2024. ... Microsoft Word - circular-cgst …
Circular no. 92/11/2019-gst dated 7-3-2019
Did you know?
WebJun 28, 2024 · Circular No. 92/11/2024-GST dated 7th March, 2024 was issued providing clarification on various doubts related to treatment of sales promotion schemes under GST. Post issuance of the said Circular various representations have been received from the trade and industry seeking clarifications in respect of tax treatment in cases of secondary ... http://www.in.kpmg.com/TaxFlashNews-INT/KPMG-Flash-News-GST-circular-update-clarification-on-treatment-for-various-sales-promotion-schemes.pdf
WebFind many great new & used options and get the best deals for Druw Jones 2024 Leaf Metal Baseball Auto 3/4 Silver Mojo 1st Round Gems DBacks at the best online prices at eBay! Free shipping for many products! WebApr 10, 2024 · See C.B.I. & C. Circular No. 92/11/2024-GST, dated 7-3-2024 word for word. 2.YES. 2 Dated: 4-10-2024 By:- Ganeshan Kalyani Yes, the ITC is eligible on sales promotion. 3 Dated: 4-10-2024 By:- Shilpi Jain
WebJul 5, 2024 · [Ref: Circular No. 92/11/2024-GST dated 07th March, 2024] There are … WebJul 2, 2024 · Circular No. 92/11/2024 had already clarified as under : In Para 2 (D) (iv) It was clarified that such secondary discounts shall not be excluded while determining the value of supply as such discounts are not known at the time of supply and the conditions laid down in clause (b) of sub-section (3) of section 15 of the said Act are not satisfied.
WebFor notified goods in respect of which no refund of unutilised input tax credit of compensation cess shall be allowed see Notification No. 3/2024 Compensation Cess (Rate) dated 30 Sep, 2024 For clarification on applicability of section 16 of said Act relating to zero supply for purpose of compensation cess on exports see Circular No. 1/1/2024 ...
WebApr 13, 2024 · The above instructions shall not apply to Credit Cards which are covered under product specific directions. Penal interest on loan defaults replaced by Penal Charges i.e, no further interest on such charges – RBI. Time limit for Reporting old Invoices on the e-invoice IRP Portal – GSTN Advisory. Section 69 & 115BBE not applicable on excess ... noun of organizeWebMaharashtra Ordinance No. V of 2024, dated 6 March 2024 7 March 2024 39 GST … noun of proudWebJun 28, 2024 · It has already been clarified vide Circular No. 92/11/2024-GST dated 7th … noun of proveWebMar 11, 2024 · Understanding the GST Implications on treatment of sales promotion schemes under GST ( Clarified vide Circular No. 92/11/2024-GST Dated 7th March 2024) Buy one get one free offer This popular scheme can at best be treated as supplying two goods for the price of one. noun of sustainWebNov 4, 2024 · The above view is also fortified by the CBIC in its Circular No. 92/11/2024-GST dated March 7, 2024('Circular 92'). The CBIC while discussing secondary discounts, amongst others, has clarified that a Financial/ Commercial Credit Note(s) can be issued by the supplier even if the conditions mentioned in Section 15(3)(b) of the CGST Act are not ... noun of productWebApr 6, 2024 · This circular is in supersession of Circular No. C1 of 2024 dated 13.04.2024 and shall be applicable for TDS during the financial year 2024-24 and subsequent years. ... January 11, 2024 92. ... (64) faq (84) GST circular (58) GST Council Meeting (81) gst faq (87) gstn advisory ... noun of providingWebजीएसटी संबंधी जागरूकता +; जीएसटी के बारे में +. जीएसटी - अवधारणा व स्थिति, अवलोकन noun of reduce