e. RCM legal responsibility shall be discharged ONLY working with e-cash ledger. For that reason, utilization of ITC to discharge RCM legal responsibility just isn't authorized whatsoever, Hence the query of imposing these types of restriction shall not occur

By using a household equity line of credit history (HELOC), your private home's benefit can fund renovations or other significant bills, with flexibility to borrow only what you'll need after you want it.

Ans. It's been clearly supplied the limit is for refund been given during the preceding economic 12 months regardless of the interval for which the refund had been claimed.

Ans. The limit of Rs. One lakh will likely be calculated for inverted duty composition and zero rated supplies individually. Thus, the limit for your exports and materials to SEZ developer or unit is going to be clubbed to determine Rs. Just one lakh but that on the inverted obligation structure might be independent.

When you are matched having a lender, along with your loan is accepted, the desire costs and costs that you'll incur all through repayment is going to be delivered to you personally.

He also mentioned the government had “overstepped its bounds” in its lookup, seizure and tried confiscation of the customers’ dollars and house.

Rule 86B restrictions using input tax credit (ITC) accessible in the electronic credit history ledger for discharging the output tax legal responsibility. This rule has an overriding impact on all one other CGST Policies.

To incorporate up the full volume of cash and cash you have got, initial sort Just about every note and coin As outlined by benefit. Create a separate pile for each denomination after which count the amount of of each and every Monthly get more info bill or coin value you have.

The feds endure court docket setbacks within their effort to confiscate $86 million in cash seized from Harmless deposit containers they were lawfully barred from looking.

♦ However, once it is recognized that rule 86B applies, then it really should be checked that whether or not the registered individual falls inside the exception supplied In this particular proviso

In warrants authorizing the search and seizure of all “business equipment” at U.S. Personal Vaults, U.S. Magistrate Steven Kim put demanding limits on the government, explicitly barring federal brokers from browsing the contents of every box for proof of legal wrongdoing.

TSS stipends start off each time a case has actually been closed for thirty times as a result of countable earned income. The stipends are paid out in accordance with the subsequent agenda:

She informed the magistrate that brokers would “inspect the property as essential to identify the proprietor and protect the home for safekeeping.” Underneath FBI coverage, she wrote, the inspection “must increase no even further than important to determine ownership.”

In papers responding to 15 lawsuits together with other promises submitted by box holders demanding the return in their belongings, prosecutors say U.S. Personal Vaults intentionally marketed alone to criminals by stressing that shoppers could hire bins anonymously.