This article is to make understand how restaurant food bills will be affected under GST. We will also enlighten the consumer as the amount that has to be paid will also be affected under the same.
Category: All About GST
GST Impact on Sale and Purchase of Used Vehicles
Since the transactions happen in different ways, broadly as below, we shall discuss the impact of GST accordingly.
GST Impact on E-Commerce Industry
India has become the second largest market for e-commerce. It has now become imperative for the business to understand and adopt e-commerce to grow trade in India.
Composition Scheme under GST
In this article, we’ve explained composition scheme under GST, who can apply, eligibility criteria how it can benefit small businesses.
How to check the Genuineness of the Bills?
There may be instances where shops or hotels may use fake GST Bill or GST number and may dupe you. Hence, this article will help you to understand how to identify or verify fake GST Bill and GST number.
GST Impact on Small and Medium Enterprises
The benefits of implementing GST on SMEs will play a vital role in shaping India’s economy in the coming years.
Concept of Reverse Charge Mechanism under GST
Reverse Charge Mechanism (RCM) means the liability to pay the tax by person receiving goods and/or services instead of the person supplying the goods and/or services in respect of specified categories of supplies.
Registration for TDS Deduction under GST
Tax Deducted at Source (TDS) is factor of Indirect Tax collection by authorities as per the Income Tax Act, 1961.
Items on which Input Tax Credit is not Available
GST being One Nation One Tax is famous for the free flow of credits. But there are certain items on which Input Tax Credit is unavailable to the taxpayer.
Common Errors while Migrating to GST
While migrating to GST a lot of issues are being faced by businesses and to help with those issues here are few hot solutions that you can while filing GST.
How to File GST Return-1?
What particulars are required to file GST Return-1 and the solution is right on the deck.
Avoid Zero Hour Rush for GST Filing
Trailing the zero hours as per a government official, Rs. 42,000 Crore tax was deposited till August 21 which is expected to accumulate by the midnight.
Changes Made in 20th GST Council
The Goods and Services Tax (GST) Council in its 20th meeting on Saturday decided to cut the tax rate for job work.
Demands and Recovery under GST
To recover any tax not paid inadvertently, GST provides for various provisions whereby a proper officer can demand and recover such amount of tax along with interest and penalty.
Import of Services under GST
Import of services for a consideration whether or not in the course or furtherance of business, will be considered as supply.