Decriminalisation Section 132 and section 138 of CGST Act are being amended, inter alia, to 1. raise the minimum threshold of tax amount for launching prosecution under GST from Rs1 crore to Rs2 crore, 2. except for the offense of issuance of invoices without supply of goods or services or both; reduce the compounding amount from the present range of 50 percent to 150 percent of tax amount to the range of 25 percent to 100 percent; 3. decriminalize certain offenses specified under clause (g), (j) and (k) of sub-section (1) of section 132 of CGST Act, 2017, viz. obstruction or preventing any officer in discharge of his duties; deliberate tempering of material evidence; failure to supply the information Input Tax Credit for expenditure related to CSR Section 17(5) of CGST Act is being amended to provide that input tax credit shall not be available in respect of goods or services or both received by a taxable person, which are used or intended to be used for activities relating to his obligations under corporate social responsibility referred to in section 135 of the Companies Act, 2013.
Initially, 40% of mixture ‘P’, consisting of petrol and diesel, is transferred into mixture ‘Q’, which has a petrol to diesel ratio of 5:4. Afte...
In a mixture of 144 litres (milk + water), the quantity of milk is 40% greater than that of water. After 2P litres of the mixture is removed, the quanti...
145 litres of a mixture contains 40% milk and rest water. If ‘x’ litres of milk is added into the mixture then quantity of water in the final mixtur...
2 Kg of sugar at Rs 22 per Kg is mixed with 3 Kg of 2nd type of sugar to get a mixture costing Rs 38 per Kg. Find the price of the costlier sugar.
A container holds a mixture of two liquids, A and B, in the ratio 2:3. If the total volume of the mixture is 70 liters, how many liters of liquid A must...
A mixture (milk and water) contains 40% milk and rest 192 litres water. How much milk should be added to the mixture to make the ratio of milk to water ...
150 liters of mixture 'P' (milk + water) contains milk and water in the ratio of 2:3, respectively. In mixture 'Q' of milk and water, the quantity of mi...
Sugar costing Rs. 140/kg is mixed with sugar costing Rs. 100/kg in a ratio of 6:4, respectively. Calculate the price per kg of th...
150 litres of a mixture contains 30% milk and rest water. If ‘x’ litres of milk is added into the mixture then quantity of water in the final mixtur...
In a solution, 35% of the water's quantity is chlorine. After extracting 81 liters of this solution and adding 15 liters of chlorine and 15 liters of wa...
