GST has now become a considerable topic to discuss, since it has come into existence on 1st July 2017. All individuals are worried about whether they ought to apply for...
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For laws to be effective, strict actions against the law breakers needs to be taken. With this objective, our Indian government has introduced penalties provisions under GST laws for the...
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GST stands for goods and services tax. This is an indirect tax for consumption on consumers in India for goods and services. GST is applied at every step during the...
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GST stands for Goods and service tax which is taxed indirectly hence an indirect tax or a consumption tax applied on the goods sold and services provided. GST is involved...
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India is currently the 3rd largest startup superpower in the world and with projections of high paced growth for them; there is only one way ahead – UP. in this...
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Goods and Services Tax is an integrated, destination-based indirect tax on consumption of goods and services, levied at every stage, on the value-added, right from manufacture up to the final...
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An advance ruling helps the applicant to plan his activities in cases where he is liable to pay GST in advance. It brings certainty in determining tax liability as the...
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Assessment under GST contains the following points which are to be kept in mind: The liability of the taxable registered person to be recordedThe authority who will conduct the assessmentDetermination...
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There are two types of Audit under GST: 1- An Audit by a Taxable person - The audit will be done on the basis of the return filed, audited accounts...
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A Bill of supply is a transaction document that is different from the normal tax invoice. It does contain the tax separately in the invoice. In this blog, We will...
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