e. RCM liability shall be discharged ONLY using e-cash ledger. Therefore, utilization of ITC to discharge RCM liability is just not permitted in any way, thus the question of imposing this sort of restriction shall not crop up
“The warrants authorize the seizure of your nests in the containers by themselves, not their contents,” FBI agent Lynne Zellhart explained to Kim, underlining “not” in her sworn statement requesting search and seizure warrants.
♦ RCM legal responsibility discharged making use of cash in present-day economic 12 months shall not be taken into account for computing “more than 1% of overall output tax legal responsibility upto the stated month continues to be discharged in cash”.
Ans. You will find numerous entities around India which interact in bogus invoicing i.e. difficulty of invoices without the need of precise offer of products and / or expert services. These entities have a tendency only to acquire credit score and move on credit to other entities without generating any payment of taxes in cash.
At U.S. Personal Vaults, at the very least two packing containers contained significant sums of cash from certified marijuana firms that cannot open bank accounts because of federal legal guidelines banning the sale and possession on the drug, according to box holder attorneys. The Secure deposit containers weren't airtight, And so the scent of marijuana could distribute among the them.
Therefore, RP will have to discharge no less than one% utilizing cash ledger from the thirty day period of April, if this kind of RP is not really coated in every other proviso
Rapid Financial loan Direct advises borrowers to understand own loans, warning that applying for the utmost quantity can increase repayment burdens. The corporate recommends analyzing repayment capacity and loan necessity to equilibrium fast requires with extended-time period pitfalls, promoting dependable borrowing.
Inside the defunct Ruiz forfeiture case, the FBI laid out inside a court assertion The federal government’s “possible induce” to feel that his $fifty seven,000 came from drug trafficking.
However this rule has also brought genuine taxpayers underneath ambit which makes it inconvenient for them, the motto of the Government is to stay away from faux invoicing and at some point curb tax evasion.
Inverted tax composition provide :- Where tax fee on input is increased compared to the tax level on output resulting into accumulation of ITC, Hence refund is allowed and rule 86B is just not utilized.
When a member gets an email with reference to a personal debt, make sure you have them browse the complete e mail. Should the member has a matter or requires a computation, reply to the e-mail they been given it from.
California Police try to find arson suspect in blaze that burned an abandoned design website in Chinatown
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