We informally talk about Taxation, Finance & Law especially about Indian Income-tax Act, 1961, GST, Financial Management, Corporate Law and allied laws. The other motive is also to keep fellow professionals, entrepreneurs and students updated.
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Composition Scheme under GST
The GST regime in India provides for composition scheme for small dealers. The basic principle underlying the composition scheme is to min...
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A manufacturer may send out his goods to a job worker for initial process, intermediate process, assembly, packing or any other completion... -
Next time you dine at a restaurant, do check your bill to see if the proper GST or goods or services tax rate has been levied. As we know ... -
CBEC Extends Last Date/ Due Date for Filing of GSTR-3B for Taxpayers not claiming Transitional ITC and for Payment of Tax from 20 Aug. 201... -
As we all know that from 1 st July 2017, GST is payable on sales made by trades, manufactures etc. However, do we know that GST is al... -
In this regards two notifications have been issued providing the list of goods and services, wherein the purchaser/recipient has the liabi... -
The reverse charge mechanism in GST, refers to a scenario where the recipient of services pays the tax, instead of the supplier. We examin... -
The government on Tuesday announced rules regarding MRP or maximum retail price for goods under the GST (Goods and Services Tax). There ... -
The GST regime in India provides for composition scheme for small dealers. The basic principle underlying the composition scheme is to min... -
The GSTN portal has started accepting uploading of sale and purchase invoices of businesses generated post Goods and Services Tax rollout ...
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