GST has not only opened up a new world of opportunity for Chartered Accountants(CAs) but has also created an ethical/ professional obligation on the CAs
As evident from revised draft, the definitions of the input goods, capital goods and input services have undergone a major change or let's say, it has been simplified to the maximum extent possible.
Major differences Between Excise Duty and GST
There has been a long history of litigation on the issue of classification of works contract activities that whether it is to be considered a service or to be t..
Detail section of Registration with Analysis
Arjuna (Fictional Character): Krishna, the biggest change in the indirect tax law i.e. GST is coming from 1 July 2017. This law will be applicable to all right ..
The benefit of credit on the stocks and fall in the rates of GST as compared to the present total indirec tax rates is sought o be ensured to be passed on by w
The GST Law comes with a need of compliance even before transiting inot it. Some value can also be added by complying.
In this article we will discuss how the liabilities of a person will be adjusted by using different type of register/Ledgers.