E-Way Bill 1. Understanding E-way Bill E-way bill is an electronic bill which is required to moove the goods of more than Rs.50,000/- or more in a vehicle, the goods can not be moved in such a case without an… Read More
GST DUE DATES
The Assessees who have enrolled from existing tax regime to GST or who have registered afreash in GST, its the time to file their first return under the new GST regime, as the department has notified the due date for… Read More
Invoice under GST
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
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
GST Relief for E-Commerce Players
The Government has postponed implementation of GST provisions that deal with the Tax Deducted at Source (TDS) and Collected at Source (TCS) that requires e-commerce players like Snapdeal, flipkart and Amazon to deduct the tax at source at the time… Read More
Complicated Rate under GST for Services
The council of Goods and Service Tax (GST) has approved a four-rate structure for taxing services similar to that of the goods under the new GST regime on friday.Most of the current exemptions has been retained in the new tax… Read More
Mothly single GST Return
Days before the GST is going to be implemented in India, the government has clarified today that the taxpayers will have to file only one return on monthly basis under GST. Revenue secretary Hasmukh Adhia said there will not be… Read More
Cancellation of Registration under GST if found guilty
The Government of India has released anti-profiteering rules under Goods and Service Tax on tuesday, according to which the government will cancel the GST registration of any entity if it does not comply with the provisions of passing the lower… Read More
Composition Scheme under GST
There are number of small taxpayers in India who finds it difficult to follow the complicated tax laws compliance requirements completely, because of their small number of transactions or limited number of transactions. There cost of tax managements comes to… Read More