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Ans. The Restrict of Rs. One particular lakh will be calculated for inverted responsibility composition and zero rated provides separately. Thereby, the limit with the exports and materials to SEZ developer or device might be clubbed to ascertain Rs. A single lakh but that on the inverted responsibility composition might be individual.
Prosecutors also generated scant evidence in another forfeiture scenario to confiscate a lot more than $900,000 from a box holder whose identification they have already been struggling to understand. They accused him of getting “possibly a best-amount drug trafficker or income launderer.”
Support employees seek authorization from Thai authorities to supply cross-border support to Myanmar refugees
Ans. It mandates cash payment of one% on the output tax liability on the regular monthly foundation with the registered individuals that are covered by this rule. This payment of liability in cash will be needed irrespective of The very fact that there is an existing stability from the electronic credit history ledger.
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c) The registered individual has been given a refund of in excess of Rs. A single lakh during the preceding fiscal year beneath inverted responsibility structure
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Jane Bambauer, a regulation professor on the College of Arizona, stated that beneath the constraints Kim imposed around the research, using drug canines to smell cash In the boxes was a 4th Amendment violation.
A U.S. postal inspector alleged in court docket papers that Michael Poliak, an owner of the company, has admitted to creating revenue from Health care fraud and illegal cannabis income. Poliak could not be attained for comment.
She advised the Justice of the peace that agents would “inspect the house as needed to detect 86 cash the operator and maintain the residence for safekeeping.” Underneath FBI coverage, she wrote, the inspection “really should prolong no even further than important to find out ownership.”
Ans. Only registered individuals who've taxable provides of greater than Rs. fifty lakhs in a particular month (subject to specified exceptions) must comply with this provision.