In the Current Tax Regime, Various conditions are applicable for availing input tax credit. A breif Overvie is given below: - - VAT : As a VAT dealer, you can a..
Our country is going to have the biggest tax reforms in Indirect tax regime as GST since independence. This will be a single unified Indirect Tax System.
Tax is collected by TAXMAN - Is it a reality - No, says CAG report
Availing the tax credit runs on the basic fundamental according to which any goods or services should not be taxed repeatedly. It means that all the taxes earli..
It is the second article in the series dealing with the issues of input tax credit.
Key takeaways of 12th GST Council meeting
The all-powerful Goods & Services Tax (GST) Council today in its 12th meeting held at New Delhi, approved the final drafts of UTGST (Union Territory GST)
Impact of GST on Service and IT Sector
Arjuna (Fictional Character): Krishna, In India, the colourful festival of holi is celebrated with lots of joy and excitement. Children are waiting for this fes..
Under GST, 27 different returns have been prescribed. Details of all the returns to be furnished by registered persons have been enlisted below:1. Form GSTR-1: ..