As per section 9(1) of CGST Act, 2017, Central Tax on intra-State supplies shall be levied on the transaction value. This value is determined as per of CGST Act, 2017.
Section 15 of the Central Goods and Services Tax (CGST) Act, 2017, deals with the determination of the value of taxable supplies for the purpose of levying GST. It outlines the rules and guidelines for calculating the transaction value of goods and services when there is a consideration involved.
What is the full form of PRAN?
As per RBI guidelines for ARCs, an asset becomes non-performing when the interest or principal is overdue for a period of how many days from the date o...
Which of the following Bank has been permitted to set up its subsidiary in IFSC for providing specialized services as per Union Budget 2023 announcements
Which process is being referred to in the above passage?
Which of the following actions most emerging economies took after facing with the prospects of global stagflation, nations, feeling compelled to protect...
RBI introduced the Scale based regulatory framework for NBFCs. As per the framework, NBFCs – Middle Layer and NBFCs - Upper Layer with _____ and more ...
Which of the following is applicable on Dynamic QR code of on B2C invoices under GST applicable from July 2021?
Financial inclusion is a crucial aspect of promoting economic growth and reducing poverty. Which of the following strategies are commonly used to enhanc...
Simi's boss encourages employees to participate in the decision-making process but does not give them complete freedom to do as they like. The leadershi...
Which of the following are parameters for evaluating whether the bank (Scheduled Commercial Bank) is to be brought under the ambit of Prompt corrective ...
