Background In GST regime, input tax credit is available to registered person on goods and services used in course or
IntroductionMoving from different indirect taxes into one consolidated indirect taxes Goods and Services Tax (GST) was a challenging task for the Government. On...
1. How are exports covered under GST?The export of goods or services is considered as a zero-rated supply. GST is not being levied on export of any kind of g...
The GST Council in its 37th meeting held on 20th September 2019 at Goa discussed and approved: (i) Some policy recommendations; (ii) certain amendments in the GST Law; (iii) reduction in GST rates for certain category of goods and services; and (iv) clarifications on GST rates for existing goods or services
Background The GST law sets out that every registered taxable person who carries on any business at any place in India/State, shall be entitled to take...
Company Act, 2013 or LLP Act, 2008 allows companies or LLP or Partnership Firms to change their con
This is my second post on the topic GST Audit Desk Review which will help you all to focus on the key areas .To begin with-1. Understand the domain of your asse...
BackgroundThe economy and the trade have grown to a greater extent as compared to the ancient period and people have come with many types of dealings and transa...
The GST council in the 34th GST council meeting held on 19th March, 2019 at New Delhi decided new GST rates and other related issues on real estate sector. Foll...
Compliance of Indirect Tax Returns made easy! This time by Government!! W e all know that government has put enormous efforts in bringing us the c...
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