Do You Know The Importance of Invoice in GST?
It is generally issued by the supplier notifying the purchaser of the obligation to make payment in respect of any transaction.
It is generally issued by the supplier notifying the purchaser of the obligation to make payment in respect of any transaction.
In GST there are 19 forms for filing of returns by tax payers. All these forms are required to be filled online on the GST portal.
A record of goods lost, stolen or destroyed as well as those given as free sample and gifts will have to be maintained under the new goods and services tax regime, which kicks in from 1 July.
GST will replace all Central level taxes such as excise, service tax, customs duty as well as state level taxes like VAT, CST, entertainment tax among others.
Taxpayers registered under the new goods and services tax (GST) regime that is set to be implemented from 1 July will be assigned a rating.
CBEC has released 2nd edition of FAQ clarifying Central Goods and Service Tax (CGST) Bill, Integrated Goods and Service Tax (IGST) Bill, Union Territory Goods and Service Tax (UGST) Bill and the Goods and Service Tax (Compensation to the States) Bill passed in the Lok Sabha.
Fast moving consumer goods segment is the fourth largest sector in the Indian economy and the Food products is the largest consumption category in India
We all are aware that GST is going to implement from July 2017. Now we all are just trying to analyse its impact on different Industries deals in various goods/ services.
A company or agency that is in the business of recovering money from debtors of others known to be Debt Collectors. Many debt collectors are hired by companies for a fee or for a percentage of the total amount collected. These companies purchase debt at a fraction of its face value and then attempt … Continue reading “Afraid of Debt Collectors! Here are ways to deal with Debt Collectors & Agencies”
Refund shall be granted after adjusting any outstanding demand payable by the applicant. If Proper Officer is satisfied that refund is not payable then he shall issue a notice requiring applicant to furnish a reply within 15 days. Any amount rejected as refund shall be re-credited to the electronic credit ledger.
Prime Minister Narendra Modi first announced the Start-up campaign on 15th August from the Red Fort. He launched the most awaited movement #Startup India which has brought lots of posibility among the entrepreneurs in India.
The Finance Bill 2013 has proposed that purchaser of an immovable property (other than rural agricultural land) worth Rs 50 lakh or more is required to pay withholding tax at the rate of 1% from the consideration payable to a resident transferor
Financial fraud is a phenomenon that haunts everyone alike. Not only does it mean loss of an asset for the one who has been at the receiving end of a fraud, it has the capability of shaking the roots of “confidence” and “trust” that anchor a society and/or an economy