Section 140 Summary Chart : Section 140 of CGST ACT : Transitional Arrangements for Input Tax Credit (1) A registered person, other than a person opting to pay tax under section 10, shall be entitled to take, in his electronic credit ledger, the
With the third largest population and a robust economy, the United States is considered the best country for entrepreneurship. American businesses generate a $25.5 trillion GDP, and the 50-state republic is home to some of the world’s most prestigious universities. U.S. residents enjoy tremendous buying
Section 101 Chart Summary : Section 101. Orders of Appellate Authority. – (1) The Appellate Authority may, after giving the parties to the appeal or reference an opportunity of being heard, pass such order as it thinks fit, confirming or modifying the ruling
Section 88 Summary Chart : Section 88 of CGST Act: Section 88 of CGST Act provide for the liability in case of liquidation of companies. “(1) When any company is being wound up whether under the orders of a court or Tribunal or otherwise,
Section 36 Summary Chart : Section 36 of CGST Act : Period of retention of accounts : Every registered person required to keep and maintain books of account or other records in accordance with the provisions of sub-section (1) of section 35 shall
Section 170 of CGST Act Rounding off of tax, etc The amount of tax, interest, penalty, fine or any other sum payable, and the amount of refund or any other sum due, under the provisions of this Act shall be rounded off to the nearest
In the digital age, the proliferation of AI-generated content has opened up a new frontier for creators, marketers, educators, and businesses alike. The ability to quickly produce content using artificial intelligence tools has revolutionized productivity but also introduced new challenges. Among these are the hurdles
Section 135 of CGST Act Presumption of culpable mental state Section 135. Presumption of culpable mental state.- In any prosecution for an offence under this Act which requires a culpable mental state on the part of the accused, the court shall presume the existence of
Section 134 of CGST Act Cognisance of Offences Section 134. Cognizance of offences.- No court shall take cognizance of any offence punishable under this Act or the rules made thereunder except with the previous sanction of the Commissioner, and no court inferior to that of
Section 133 of CGST Act Liability of officers and certain other persons 133(1) Where any person engaged in connection with the collection of statistics under section 151 or compilation or computerisation thereof or if any officer of central tax having access to information specified under
