Credit not to be reversed when inputs shown as scrap at lesser value and not written off
GST is in the offing and there is a lot of doubt about it in the market as well as in mind of public. Industry preparedness is waiting for definite law.
Analysis of impact of draft gst provisions on mfg sector
In this article, we move on to discuss time of supply of services
GST will impact on each and every industry & business in India.
Many of the companies had created multiple units in the past to save on taxes but such incentives will cease to exist under GST.
Glimpse of Invoices under Revised GST Model Law
Key takeaways of 10th GST Council meeting
Reverse charge mechanism and remission of tax under the GST regime
The Goods and Services Tax (GST) is a value added tax that will replace all indirect taxes levied on goods and services by the Government
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