Exactly four years before, dated 4th July 2017, India witnessed the most significant tax reform segment ever. After many years of brainstorming, and discussions, India
GST Login 2022 at www.gst.gov.in: check out the updated Step by Step guide for how to login at GST Portal i.e www.gst.gov.in. GST New Registrationprocess
With the continuous evolvement of trade both global and national, the gradual broad-based emergence of intermediary service providers has gained big momentum. These intermediary service
Inspection under GST:In any tax administration the provisions for Inspection, Search, Seizure and Arrest are provided to protect the interest of genuine tax payers (as
Why Petrol and Diesel should be brought under GST: Recently, while answering to a question in Loksabha, Hon. Petroleum Minister provided details of the taxes
Classification of Goods under GST Regime: In any indirect tax, classification of goods is very vital. The same has very wide implications particularly in case
Section 2(107) taxable person means A person who is registered or liable to be registered under section 22 (i.e. registration required if turnover exceeds threshold
ISD under GST: Input Service Distributor (ISD) means an office of the supplier of goods or services or both which receives tax invoices towards receipt
Structure of GSTIN in 2021-22: GSTIN stands for “Goods and Services Tax Identification Number” unique to a legal person (Individual, Partnership, LLP, AOP/BOI, Company etc.,).
GST on Employee Transactions: GST is applicable on “Supplies” of goods and services. The scope of the term “supplies” has been elaborately defined at Section
Taxable Event in GST: This aspect has dramatical change as compared to the earlier laws. In Central Excise, the taxable event was “Manufacture”, for Service
Troubleshoot Digital Signature Certificate (DSC) Issues with Screenshots. Check Various Problems faced during the signing by DSC at GST Portal. 1. I am facing the
To understand the meaning of the synonymic connotations Non-GST supply/Non-taxable supply/Exempted Supply/ Nil rated-supply and Zero rated supply does not seem very difficult at first.
Departmental Audit: After abolition of Audit under section – by a Cost Accountant and other professionals, the only way to check correctness of GST provisions
GST e-invoice is the introduction of the digital invoice for goods and services provided by the business firm generated at the government GST portal (https://einvoice1.gst.gov.in/).
Introduction to transfer of business: Covid-19 has impacted businesses in many ways. Apart from disruptions due to closure of business offices, factories, markets, etc., the
What is GST Audit? Annual Audits: Mandatory for registered person whose aggregate turnover during a financial year exceeds 2 Crore. Audit by Tax Authorities:Commissioner or