What is a Bill of Supply? with example, Contents of Bill of Supply
Bill of Supply: A bill of supply referred to in clause (c) of sub-section (3) of section 31 shall be issued by the supplier containing
GST
GST Gains and Pains on Rates, Registration, Compliance, TRAN
GST Gains and Pains on Rates, Registration, Compliance, TRAN. However, indirect taxation in India has witnessed a paradigm shift on July 01, 2017 with usherance into
Positive and Negative Impact of GST, Benefit of GST to govt
Positive and Negative Impact of GST: The GST bill, known as the Goods and Services Tax, was introduced in Lok Sabha in December, 2014 and
Practical Implications of Works Contract Under GST with Examples
Practical Implications of Works Contract: GST rollout w.e.f 01st July 2017 was a planned event for ministry and department, but all most all business entity
Provisions of Accounts and Records under GST – Question Answers
Provisions of Accounts and Records under GST Law – Question Answers Question 1: What are the records/documents are required to be maintained under GST Laws?
Seven Key issues in GST (Goods and Services Tax) – Detailed Analysis
Seven Key issues in GST: Even after almost four month of the launch of GST in India, people and businesses are still struggling to accept
Clarification on various doubts related to treatment of sales promotion schemes (Pharmaceuticals, FMCG Industry etc..) under GST
Clarification on various doubts related to treatment of sales promotion schemes (Pharmaceuticals, FMCG Industry etc..) under GST. It has been noticed that there are several
Surrendering Trade Name – Key to Concession under GST?
Surrendering Trade Name – Key to Concession under GST?: The famous Shakespeare quote, “What’s in a name?” has lost its’ relevance in the present day
Transitional Provision for Job Work – Understand in Short Manner
Transitional Provision for Job Work: Section 141 of the Central GST Act, 2017 specifies provisions for cases where the job worker holds goods belonging to
Amendment in GST Registration, Apply online for change in GST Registration
Amendment in GST Registration, Apply online for change in GST Registration: Where there is any change in any of the particulars furnished in the application for
GST Impact on the Travel Industry: Travel Insurance, Tour Package
GST Impact on the Travel Industry: The Indian travel industry has emerged as one of the key drivers of growth among the services sector in
GST & SEZ – Supplies, Valuations, Registration Under GST Regime
GST & SEZ – Supplies, Valuations, Registration Under GST Regime: It is pivotal to understand the impact of Goods & Services Tax (‘GST’) on Special Economic
Audit under GST – Special Audit, Types of Audit, Procedure 2021
Special Audit under GST 2021: GST is a trust based taxation regime wherein the assessee is required to self-assess his returns and determine tax liability
Specific provisions under GST relating to Dealer / Depots / Job Workers
Specific provisions under GST relating to Dealer/ Depots/ Job Workers vis-a-vis Transitional Rules for publication. Socio-economic and political environment all over the world is fast changing.
Functions entrusted to a Panchayat, municipality, Govt under GST
Functions entrusted to a Panchayat, municipality, Govt under GST. The GST aims to provide a more simplified tax regime, wherein plethora of Central and State taxes
Agents under GST: Agent u/s 2(5) of the CGST Act and Liabilities
Agents under GST: Agent u/s 2(5) of the CGST Act and their Liabilities: Agent Means a person, including a factor, broker, commission agent, arhatia, del credre
E-Way Bill Rules & Compliance In GST – Understand In Simple Language
Applicability: Every registered person who causes movement of goods of consignment value exceeding fifty thousand rupees. (However the registered person or, as the case may
GSTN पोर्टल पर 24 जुलाई से कर सकेंगे इनवॉइस अपलोड, जीएसटी नेटवर्क देगी सुविधा
GSTN पोर्टल पर 24 जुलाई से कर सकेंगे इनवॉइस अपलोड, जीएसटी नेटवर्क देगी सुविधा: व्यापारी और ट्रेडर्स 24 जुलाई से जीएसटीएन के पोर्टल पर अपनी
Time of supply of services under GST – 16 Questions Answered
Time of supply of services under GST – 16 Questions Answered. The CAknowledge is striving to organise more and more workshops and lecture meets on
JSON errors faced by users when uploading invoices to the GSTN portal
JSON errors faced by users when uploading invoices to the GSTN portal. Over the last few days, lakhs of users processed lakhs of invoices and thousands
Transition Provisions under CGST Act & Transition Rules 2021
Transition Provisions under CGST Act, 2019 & Transition Rules 2019. The section numbers referred to in the Chapter pertain to CGST Act, unless otherwise specified.
संयुक्त आपूर्ति और मिश्रित आपूर्ति, Composite Supply & Mixed Supply in Hindi
संयुक्त आपूर्ति और मिश्रित आपूर्ति: जीएसटी के अंतर्गत वस्तुओं अथवा सेवाओं अथवा दोनों की आपूर्ति करयोग्य है, जब तक अन्यथा छूट नहीं दी जाती, तब
Availability of credit in special cases – 9 Questions Answered
Availability of credit in special cases under GST – 9 Questions Answered. Section 18 of CGST Act, made applicable to IGST vide Section 20 of
CGST Notifications updated 2021, Central Tax Notifications
CGST Notifications, Central Tax Notification under GST Regime 2021. Download Latest CGST Notifications in Hindi and English Languages updated upto 14th June 2021. As the
Margin Scheme in GST – All you need to know about Margin Scheme
Margin Scheme in GST: Normally GST is charged on the transaction value of the goods. However, in respect of second hand goods, a person dealing
Transition Provisions under GST – Detailed analysis as per CGST Act
GST is a significant reform in the field of indirect taxes in our country. Multiple taxes lev-ied and collected by the Centre and States would
Debit Note under GST – Intro, Meaning, Format, Tax liability
Debit Note under GST – Where a tax invoice has been issued for supply of any goods or services or both and the taxable value
GST Refunds: Refund Claim Procedure, Documents, Credit Notes
GST Refunds: Timely refund mechanism is essential in tax administration, as it facilitates trade through the release of blocked funds for working capital, expansion and modernisation
Compulsory payment of GST under Reverse Charge
Compulsory payment of GST under Reverse Charge: As per Notification No.10/2017 relating to payment of IGST and Notification No. 13/2017 relating to payment of CGST
Imports in GST: Duty Calculation, ITC, Duties, procedures
Guidance Note for Importers and Exporters. The purpose of this guidance note is to bring clarity about the impact of GST, which would come into force