Invoicing Rules have been set under GST which covers the details that should be written on the invoice including supplier’s name, shipping and billing address, place of supply, rate and HSN code. Lets talk all about invoicing under GST… Read More
Work Contract under GST
The Government has finalized a rate of 12% as Goods and Service Tax for work contracts, which initially deemed to be levying higher tax burden on the construction industry, but a closer view of the provisions will suggest a lower… Read More
FCRA Cancellation
The home ministry served notice to around 6000 NGOs for not filing their annual returns for five consecutive years and can lead to their license cancellation for receiving foreign donations, home ministry official said on monday. The Show cause notices… Read More
Migration of Input Credit under GST
The Goods and Service Tax (GST) even before its implementation attracted lot of discussions and queries about its implementation and the impact which it will make on small and medium enterprises. The new tax regime is said to make a… Read More