Case Laws McDonalds India (P.) Ltd. vs. Additional Commissioner CGST Appeals-II
ISSUE INVOLVED Whether the Petitioner is an intermediary within the meaning of Section 2(13) of the IGST Act in respect of services given under the Service Agreement? HELD THAT Assessee’s refund of Input Tax Credit was rejected holding thatresearch and...
The Importance of Auditing for Legal Compliance
The Importance of Auditing for Legal Compliance A statutory audit is a legally required review of the accuracy of a company’s financial statements, books, and records. The purpose of a statutory compliance audit is to determine whether an organization is...
The Impact of GST on Service Providers
The Implications of GST on Service Providers: Is Compliance Mandatory? Compliance with GST is mandatory for all service providers whose aggregate annual turnover exceeds Rs. 20 lakhs in most states and Rs. 10 lakhs in the Special Category States. There are a few...
