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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.
Quantity-I: Determine the value of (x + y - z)3 + (x - y + z)3 - 8x3 .
Quantity-II: Determine the value of 6...
Quantity-I: ‘A’ and ‘B’ started a business by investing Rs.‘x’(Take 'x' value as approximate) and Rs. 5,500, respectively. ‘A’ and ‘...
What is the population of village A in 2021?
Quantity I: Population of village A in 2020 was 54,000 and it increased by 12% in 2021 over 2020.
What is the larger number?
Quantity I. Difference between the two numbers is 21 and LCM and HCF of those numbers are 70 and 7 respectively.
<...Quantity I : Distance travelled by the cycle to reach point c from point B if a Bike travels the same distance in 2 hours and the speed of the cycle is ...
In the question, two quantities i.e. Quantity I and Quantity II are given. Solve the given quantities to establish the correct relation between them an...
Quantity-I: A mixture contains 50% milk and the rest 360 litres water. When (x −15) litres of water and (x+10) litres of milk are added to this mixt...
Quantity 1: A factory produces 1200 gadgets in 8 hours. If the production rate is increased by 25%, how many gadgets can be produced in the same time?
The current ages of three friends, Aman, Bheema, and Chintu, are represented as (p−3), p, and (2p−6) years, respectively. It ...
What is the population of village A in 2021?
Quantity I: Population of village A in 2020 was 48,000 and it increased by 14% in 2021 over 2020.