Venkata Prasad

Composition scheme under GST 5 min read

• GST

Composition scheme under GST

Venkata Prasad 8 years ago

CA Venkata Prasad GST is intend to cover larger number of people under its net and further keeping threshold exemption limit of 10Lakhs many people... Read More

CENVAT credit on rent-a-cab – hidden ambiguity that may allow credit despite of other restrictions 4 min read

• GST

CENVAT credit on rent-a-cab – hidden ambiguity that may allow credit despite of other restrictions

Venkata Prasad 8 years ago

CA Venkata Prasad Denying of CENVAT credit on service of rent-a-cab is favourite to revenue officers. For the period upto 01.04.2011, courts/tribunals allowed the credit... Read More

Meaning & Scope of ‘Supply’ under GST 8 min read

• GST

Meaning & Scope of ‘Supply’ under GST

Venkata Prasad 8 years ago

CA Venkata Prasad GST is said to be levied on ‘supply’ in legal words taxable event is ‘supply’ thereby dispensing with the existing different taxable... Read More