How has GST simplified the process of taxes in India?
Exactly four years before, dated 4th July 2017, India witnessed the most significant tax reform segment ever. After many years of brainstorming, and discussions, India
CGST
List of all sections of GST Act, GST Section List 2022 Analysis
GST Section 2022: CGST Section 2022 (updated). List of all sections of GST Act 2017. updated Section wise analysis of gst act 2017 (As amended
GST Login 2022. Steps by Step Guide to Login at gst.gov.in
GST Login 2022 at www.gst.gov.in: check out the updated Step by Step guide for how to login at GST Portal i.e www.gst.gov.in. GST New Registration process
GST Due Dates January 2022: GSTR-3B, Returns, Composition
GST Due Dates January 2022: Types and forms of GST Return with their Due Dates. get updates for Tax returns and their due date for
GST Number Search by Name 2022: search gstin number by name
GST Number Search 2022: gstin search, search gstin number by company name. GSTIN or Goods and Services Tax Identification Number is a unique 15-digit number, which has
Intermediary Services and Its Taxation under GST 2021
With the continuous evolvement of trade both global and national, the gradual broad-based emergence of intermediary service providers has gained big momentum. These intermediary service
Inspection, search and seizure under GST – A detailed Analysis
Inspection under GST: In any tax administration the provisions for Inspection, Search, Seizure and Arrest are provided to protect the interest of genuine tax payers (as
GST Key impact on Entertainment and Media sector: Detailed Analysis
GST Key impact on Entertainment and Media sector: GST was introduced in India on 1 July 2017 and was applicable throughout the country except in
List of all Goods Covered under GST 3% Rate list (Gold, Ornaments) Updated till 01 October 2021
List of all Goods Covered under GST 3% Rate list (Gold, Ornaments, biscuits) GST 3% Items List, GST 3% Rate List 2021. Check list of all items
Petroleum Products and GST 2021: A Detailed Analysis
Why Petrol and Diesel should be brought under GST: Recently, while answering to a question in Loksabha, Hon. Petroleum Minister provided details of the taxes
Classification of Goods under GST Regime – A Detailed Analysis
Classification of Goods under GST Regime: In any indirect tax, classification of goods is very vital. The same has very wide implications particularly in case
Taxable Person under GST, Who is Liable to get Registered in GST?
Section 2(107) taxable person means A person who is registered or liable to be registered under section 22 (i.e. registration required if turnover exceeds threshold
GST Compliance Ratings with Salient Features & Statutory Provisions
GST Compliance Ratings: GST law provides for Goods and Services Tax Compliance Rating which is a new concept in India. Presently, there is no system
GST Definition, Objective, Framework, Action Plan, GST Scope 2021
A Brief on GST Bill: Complete details for Goods and Service Tax like – Historical Background of GST, Definition of GST, Objective of GST, Regulatory Framework of
ISD under GST, Understand Input Service Distributor with Example
ISD under GST: Input Service Distributor (ISD) means an office of the supplier of goods or services or both which receives tax invoices towards receipt
GST and Working Capital Management (Positive & Negative Impact)
GST and Working Capital Management: Goods and Service Tax (GST) has replaced all indirect taxes levied on goods and services by the Government, both Central
Structure of GSTIN in 2021 (All you need to know about GSTIN)
Structure of GSTIN in 2021-22: GSTIN stands for “Goods and Services Tax Identification Number” unique to a legal person (Individual, Partnership, LLP, AOP/BOI, Company etc.,).
GST on Employee Transactions, Applicability of GST on Employee
GST on Employee Transactions: GST is applicable on “Supplies” of goods and services. The scope of the term “supplies” has been elaborately defined at Section
Taxable Event in GST, Manufacture under Central Excise
Taxable Event in GST: This aspect has dramatical change as compared to the earlier laws. In Central Excise, the taxable event was “Manufacture”, for Service
Delivery challan under GST, Delivery challan Format as per CGST
Delivery challan under GST: The principal can send goods for further processing or capital goods to the job worker under the cover of challan issued
GST Tax Planning: key points will help to minimise the Tax liability
GST Tax Planning: Goods and Service Tax (GST) replaced all indirect taxes levied on goods and services by the Government, both Central and States. GST
ABC of Accounting in GST, Accounting Entries in GST, GST Accounts
ABC of Accounting in GST: In GST era Every Registered Person shall keep and maintain ,in addition to the particulars mentioned in sub-section (1) of
New functionality on Annual Aggregate Turnover on GST Portal
Aggregate Turnover under GST Regime: GST is a dual tax structure based tax in which both Centre and State has authority to levy and collect tax
Troubleshoot Digital Signature Certificate (DSC) with Screenshots
Troubleshoot Digital Signature Certificate (DSC) Issues with Screenshots. Check Various Problems faced during the signing by DSC at GST Portal. 1. I am facing the
GST on google Adsense Earnings, GST on Direct online advertising
GST on google Adsense publisher: GST on online advertisements and impact on website publishers. Thousands of people write blogs, write articles, create sites on various topics.
Exempt, NIL & Non taxable supply i.e. Non-GST supply – Detailed
To understand the meaning of the synonymic connotations Non-GST supply/Non-taxable supply/Exempted Supply/ Nil rated-supply and Zero rated supply does not seem very difficult at first.
Departmental Audit – Only Audit in GST: A Detailed Analysis
Departmental Audit: After abolition of Audit under section – by a Cost Accountant and other professionals, the only way to check correctness of GST provisions
GST Audit Exercise Advantages – Professionals, Department, Govt.
GST Audit Exercise Advantages. To an assessee – Normally, the tax department conducts an audit or assessment after the close of a financial year. It
GST Audit program – Relevant information required for the audit
GST Audit program: In the absence of any prescribed format for reporting of information to be furnished after the audit, preparation of the GST audit
GST E-Invoice 2021: Advantages, Applicability, Game Changer
GST e-invoice is the introduction of the digital invoice for goods and services provided by the business firm generated at the government GST portal (https://einvoice1.gst.gov.in/).