Revised Tax Invoice

Revised Tax Invoice Under GST

A tax invoice is deemed to include a Revised Tax Invoice and a revised invoice can be issued by a supplier of goods or services under GST which takes place between the effective date of registration and the actual date of registration and the actual date of issuance of a certificate of registration. Search Here […]

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Offences And Penalties under GST

What are Offences And Penalties under GST

What are Offences And Penalties under GST The law has clearly defined rules of offenses and the penalties under GST in each scenario. This is very important info for business owners, Tax Practioner’s and Professionals as an inadvertent mistake can cause severe consequences.

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Importance Of Place Of Supply Under GST

Place Of Supply Under GST defines that the transaction will be counted as  Inter-State or Intra-State and accordingly levy of IGST and SGST, CGST  will be determined. Know Who Supplier? In GST, a supplier means somebody who supplies goods or services of any type. A supplier contains an agent acting on behalf of a supplier […]

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Reverse Charge mechanism

All About Reverse Charge Mechanism Under GST

What is Reverse Charge Mechanism? Under Reverse Charge mechanism is the beneficiary of the good and services is liable to pay the tax instead of the provider of the goods or services in respect of specified categories of supplies.

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E-Way Bill

GST E-Way Bill Guide

What is an E-Way Bill E-Way Bill is an electronically generated document which can be generated on the GSTN (common portal). A ‘movement’ of goods of more than Rs 50,000 from one place to another. E-WayBill will also be allowed to be generated or canceled through SMS.

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HSN Code in GST

What is HSN Code in GST?

What is HSN code in GST The Harmonized System of Nomenclature or simply “HSN”, 6 digit uniform code allotted over 5000 goods and universally accepted. It is multipurpose international product nomenclature developed by the World Customs Organization(WCO).

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GST cuts effects

GST cuts effects: Get More at same price

GST cuts effects on the consumer shopping for your daily usable products NEW DELHI: next time when you go for shopping for your daily usable products, you may GST cuts effects larger pack sizes in the same price rate as per some consumer goods companies plans to increase the weight of their basic daily usable products […]

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GST Registration

GST Registration Procedure of Practitioner

who apply for GST Registration? GST Practitioner is a tax professional who has been approved by Government and authorized by the taxpayer to perform other activities on the basis of the information on behalf of the assessee.

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GSTR-4 Return Form

Easy Step by Step Guide for GSTR-4 Return Form Online Filing Procedure

ALL About GSTR-4 Return Form GSTR-4 Return Form is filled by those taxpayers who are registered as Composition dealer in the GST Regime and GSTR-4 Return Form is filled on the Quarterly basis. Not all businesses will be eligible to register under the GST composition scheme – only the business entities, for whom the annual […]

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Digital Payments

Govt plans GST Relaxation for digital payments

New Delhi:- The Center has Proposed a Two percentage point discount in the GST for Consumers who make the digital Payments. The proposal is likely to be picked up at the next council meeting in January 2018 if approved then it will boost the government to the attendant in a cashless economy.

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