What Does 86 cash Mean?
What Does 86 cash Mean?
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e. RCM liability shall be discharged ONLY using e-cash ledger. Therefore, utilization of ITC to discharge RCM liability will not be permitted whatsoever, So the issue of imposing these kinds of restriction shall not crop up
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“The research as well as the seizure of items in the U.S. Non-public Vaults facility were being approved by a federal decide, and your entire Procedure has been carried out in accordance with the Constitution and relevant regulations,” he said.
Deployment authorizations are constructed and authorized from the accounting Business office, not the finance Place of work. Deployment vouchers Must be submitted in just 5 days of arrival. Vouchers are approved from the order where they are received. Any returned voucher could have remarks for corrections.
Getting mentioned this, it may be argued in this kind of predicament, there was no avoidance of any tax liability. That's why, there is not any amount payable to The federal government. Thereby, there can't be any issue of any tax legal responsibility or desire or penalty payable within the contravention of the provision.
Within the defunct Ruiz forfeiture scenario, the FBI laid out inside of a court docket assertion The federal government’s “probable induce” to believe that his $57,000 came from drug trafficking.
If the FBI needed to search the containers, the attorneys say, it to start with required to satisfy the regular for your court docket-issued warrant: Probable induce that proof of particular crimes would be found.
♦ Worth of zero-rated supplies both effected with payment of IGST or effected underneath bond or LuT shall not be A part of value of taxable source for identifying applicability of this restriction [i.e. for calculating 50 lakhs limit].
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