All posts by Priyanshi Gupta

Professional Tax Consultant and Article Writer

Tax paid on goods lying with agents to be allowed as credit : Where any goods belonging to the principal are lying at the premises of the agent on the appointed […]

Deduction of tax source : Where a supplier has made any sale of goods in respect of which tax was required to be deducted at source under the earlier law and […]

Goods sent on approval basis returned on or after the appointed day : Where any goods sent on approval basis, not earlier than six months before the appointed day, are rejected or […]

Treatment of branch transfers : Notwithstanding anything to the contrary contained in this Act, any amount of input tax credit reversed prior to the appointed day shall not be admissible as credit […]

Tax paid on capital goods lying with agents to be allowed as credit : Where any capital goods belonging to the principal are lying at the premises of the agent on […]

Credit distribution of service tax by ISD : Notwithstanding anything to the contrary contained in this Act, the input tax credit on account of any services received prior to the appointed […]

Treatment of retention payments : Notwithstanding anything contained in section 12 and 13, no tax shall be payable on the supply of goods and/or services made before the appointed day where […]

Progressive or periodic supply of goods or services : Notwithstanding anything contained in section 12 and 13, no tax shall be payable on the supply of goods and/or services made on […]

Treatment of long term construction / works contracts : The goods and/or services supplied on or after the appointed day in pursuance of a contract entered into prior to the appointed […]

Finalization of proceedings relating to output duty liability : (1) Every proceeding of appeal, revision, review or reference relating to any output duty liability initiated before the appointed day, shall be […]