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
Identification of Supply of Goods or Services under GST.Definition of ‘goods’ and ‘services’: The tax is on supply of either goods or services. 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
GST Invoice Format 2022: An invoice is a commercial instrument issued by a supplier of goods/services to a recipient. It identifies both the parties involved,
GST Rate and HSN Code for Photographic and Cinematographic Films – Chapter 37.GST Rates and HSN Codeson Paperboard, Photographic plates and Adhesives, Film Strips. Hello
Transactions to be treated as Supply of Goods and Supply of Services.Year 2017 is the year of changes, challenges and opportunities for our professional colleagues
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
Transitional provision for Input Tax Credit: According to section 140(1) of the CGST Act, 2017 read with Transitional Provision rules, to avail CENVAT Credit, it
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