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 […]
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.
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 […]
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.
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 […]
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 […]
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.