Knowledge Desk

Get to know us by reading our latest blogs here and discover the results of our research.

Input VAT Recovery on Motor Vehicle and Mobile Phone Used for Both Business and Non-Business Purposes
Author: CA Amlesh Gupta
Published At: 23-Jul-2019
The National Bureau for Revenue (NBR) in Bahrain has issued technical guide in relation to Input VAT Recovery on costs relating to motor vehicles and mobile phones where there is both business and personal use. NBR comes up with two method for calculating the Input VAT Recoverable on Motor Vehicles and Mobile Phones used for both Business and Non-Business purpose.

Latest Blogs - Tax & Compliance Simplified

Get to know us by reading our latest blogs here and discover the results of our research.

Special Procedure For Corporate Debtors Under GST
Author: CA Pranav Kapadia
Published At: 27-Mar-2020
The Central Board of Indirect Taxes and customs vide its notification dated 21st March 2020 has issued a special procedure for corporate debtors undergoing corporate insolvency resolution process
E-invoice Must For Registered Businesses With Rs 100-cr Aggregate Turnover From April 1, 2020
Author: CA Pratik Mehta
Published At: 24-Feb-2020
The Finance Ministry has said that ‘e-invoicing’ will be mandatory for businesses having turnover of Rs 100 crore or more from April 1.
Problem
Whether reversal of input tax credit is required in case of non-payment of the invoice value to the Vendor due to post supply discount?
Solution
Subject to facts and documentation, input tax credit may not be reversed in case non-payment to the Vendor due to post supply discount provided by the Vendor.

Author: CA Jill Shah
Published At: 25-Mar-2020
Problem
Whether reversal of input tax credit is required in case of replacement of products or spare parts made without any consideration.
Solution
Subject to facts and documentation, input tax credit may be eligible in case of parts or components replaced free of cost.

Author: CA Jill Shah
Published At: 21-Mar-2020

24-Mar-2020

Webinar for Insolvency Professionals to Understand & Implement the CGST Notification No.11-2020

Long awaited GST Clarification has finally arrived for the companies undergoing CIRP

21-Jun-2019

Webinar on Q & A Session on GST Annual Compliance

Annual GST compliance for FY 2017-18 seems to be finally around the corner. The recent Press Release and the email reminders from the GST department mean serious approach by the government on the time line of 30-06-2019 for filing of GST Annual Return in Form GSTR-9 and GST Audit Report in Form GSTR-9C

IT Enabling Professional Practices
The small and medium professional firms, though growing, are facing the cut-throat competition.  It is very important to have an edge over others.  With the volumes growing dual fold – both in terms of volume at each client and the total number of clients, there is an increase in the number of personnel in each firm, thus the ratio of partner to employee increases.  Further, with the advent of ‘e’ happening all along the compliances, it becomes mandatory that technological aspects are understood and adopted.   Information Technology (IT) can be an enabler to all these.  IT can help in increasing the Efficiency, there by one can manage volumes, manage increased personnel, have control on compliances of the clients.  IT can help for the firms to increase their Visibility across, which will help the firm to have an edge over others and face the competition.  IT can help in creating new Opportunities, thereby getting more revenue and better client satisfaction.
Highlights of 37th GST Council Meeting dated 20th September 2019
The GST Council, headed by **Union Finance Minister Nirmala Sitharaman** and comprising representatives of all States and Union Territories (UTs), had its 37th meeting in Goa on 20th September 2019

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APMH specializes in providing supreme solutions to your complex business issues in the form of knowledge based blogs and articles category wise to enable and enhance optimization of your business.

Country Desk

Singapore is full of Indians with statuses like Citizens of Indian Origin, Person of Indian Origin, having properties, businesses, stock market investments and so on, back in India. Also, there are a lot of funds and corporates already invested in India or want to do so in the near future.
APMH with an affiliation with Moores Rowland Asia Pacific has its offices across South East Asia. This sets a unique proposition of expertise on Indian markets like Due Diligence, Advisory, Tax, and Assurance, while relationship support, back at Singapore.
We provide holistic solutions
  • For the Multinationals headquartered at Singapore
    • Tax Advisory;
    • Accounts Outsourcing;
  • For Funds investing in India
    • End to end Compliance for India, Due-Diligence, periodical reporting;
  • For NRI CIOs, PIOs
    • Tax Advisory,
    • Wills and Succession
The introduction of Value Added Tax has brought significant change for businesses. VAT has a broad scope and businesses will need to consider the impact of VAT on all their transactions and the potential impact on prices and margins.
APMH has an expertise in handling VAT Implementation projects in GCC Countries like UAE, Kingdom of Saudi Arabia (KSA) & Bahrain and its experienced Indirect Tax team with exposure to tax regimes in Riyadh,Jeddah,Dammam and Khobar is capable of advising and assisting businesses in the region to improve their systems and processes.
VAT is implemented in UAE,KSA and currently Bahrain. APMH offers various VAT(Value Added Service) for GCC countries which includes VAT Planning,VAT Implementation & Transitionn,VAT Awareness Sessions,Pre-Implementation Readiness and Post Implentation Complaince.
Accounting and compliance, though a non-core activity for a technical entrepreneur, is critical. With the onset of technology i.e. Internet connectivity and applications it makes more sense for organizations to opt for an expert in accounts solutions.
APMH expertise in providing accounts outsourcing services internationally.In addition, we seek to add real value to your business, working closely with you to provide quality management accounting information that are required to uphold basic accounting laws and regulations.
APMH provides one stop shop solution for accounting,reporting and tax filing services for all end users in Hongkong.

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