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
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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
Company Secretary to act as GST Practitioner, Role of CS in GST
Company Secretary to act as GST Practitioner: Pursuant to Section 48 of CGST Act, 2017 read with Rule 83 and 84 of the CGST Rules,
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
Transitional provision for Input Tax Credit, Understand in Short Manner
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Typical GST Audit Program, GST Audit Check list for professionals
Typical GST Audit Program: Section 35(5) of the CGST Act, 2017 (the Act) requires all taxable persons with a turnover exceeding rupees 2 crore to get
HSN Code List in pdf, Excel 2021, SAC Code List in pdf Excel
HSN Code List for GST in pdf, HSC Codes in Excel Format, Find HSN Code for Your Business. check out our HSN Code finder, HSN stands
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
GST Rates on Cigarette, Bidi, Chewing, Impact of GST on Tobacco Sector
GST Rates on Cigarette, Bidi, Chewing, Impact of GST on Tobacco Sector: Goods and Services Tax has been rolled out from July 1st, 2017. New
GST on Lottery In India – Intro, Taxability, Invoicing, Time of Supply
GST on Lottery In India: Everyone wants to win a lottery and live life happily ever after. But after the introduction of Goods and Services
GST Rates in 2021 – Item Wise GST Rate List in PDF, GST Slabs
GST Rates in 2021: List of Goods and Service Tax Rates, Slab & Revision, GST Rates in India 2021 (Item Wise GST Rate List in
Situations when tax is required and not required to be deducted
Situations when tax is required and not required to be deducted in GST: The Government has notified October 1 as the date for implementing the
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
Services by CAs in GST, Role of CA in GST, Critical components
Services by CAs in GST: Chartered Accountants will play a very critical role in facilitating not only the transition to GST but also in ensuring
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
Section 51 of GST – Tax deduction at source (In Detailed)
In terms of Section 51 of CGST Act, 2017 read with Notification No. 50/2018- Central Tax dated 13.09.2018, w.e.f. 01.10.2018 the following category of persons
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
Show Cause Notice – Vocate, Interrogate and Adjudicate
Show Cause Notice – Vocate, Interrogate and Adjudicate. A charge-sheet is a document which sets out the allegations of misconduct, misbehavior,indiscipline, lack of interest, negligence etc.
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
Examples of various situations requiring deduction of TDS in GST
Examples of various situations requiring deduction of TDS under GST, Illustrations of various situations requiring deduction of tax. The concept of Tax Deduction at Source
GST International Scenario and Models of GST in various Countries
GST International Scenario and Models of GST in various Countries: Internationally, countries are moving towards simplification of tax structures. The adoption of Goods and Services Tax
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.
GSTR 9 (gst annual return) 2021: Who should file?, Penalty
GSTR 9 is an annual return to be filed once in a year by the registered taxpayers under GST including those registered under the composition
Section 59 of GST – Self assessment with introduction and Analysis
Section 59 of GST – Self assessment as per GST Act. Check Details for GST Section 59 In terms of Section 2(11) of the Act, “assessment” means determination
Documents Required for Registration as GST Practitioner (GSTP)
Documents Required for Registration as GST Practitioner (GSTP): Documents Required to Complete the Application for Enrolment of GSTP at GST Portal. List of all Documents Required for
GST Concept: Features, Impact, and GST in other Countries
GST Concept 2021: The fiscal policy of India took a monumental turn on July 1, 2017 as the government implemented Goods and Service Tax (GST).
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