Tabular presentation of Rate changes recommended in the 31st GST Council Meeting held on 22nd December 2018

by Team Taxcharcha26/12/20180742

gst on director remuneration

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ITC in relation to invoices issued by the supplier during the FY 2017-18 may be availed by the recipient till the due date for furnishing of Form GSTR -3B for the month of March, 2019 – GST Council

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The assessee can be taxed only on the gain which is oozing out from the sale consideration, thus, no adverse inference can be drawn while invoking the provision of section 50C of the Act. – Bombay High Court

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