The CBIC has clarified that grant of tenancy rights in a residential dwelling for use as residence against tenancy premium or periodic rent or both is exempt. Tenant-right is a term in the common law system expressing the right to compensation which a te
In this article, we have understood the meaning of TDS, conditions for the application of TDS, computation of TDS, TDS Return filing, time to deposit TDS. Hope this article clears all the doubt about the TDS application under GST. Related Articles: How to Register for India GST? How to R...
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The present research work has been done with the objectives to understand the meaning of GST, to discuss the worldwide applicability of GST, to explain the benefits of GST implementation, to understand the mechanism of GST application in India and to discuss the challenges in GST implementation....
GST Circular 234/28/2024-GST dated 11-10-2024: Clarifications regarding applicability of GST on certain services Latest GST News and Updates in October 2024 GSTN has launched a new e-Services app to replace the e-Invoice QR Code Verifier App. This app allows users to verify e-Invoices, se...
The reason behind UTGST applicability in GST is that the common State GST (SGST) cannot be applied in a Union Territory without legislature. To address this issue, GST Council has decided to have Union Territory GST Law (UTGST) which would be on par with SGST. However, SGST can be appli...
E-invoicing under GST: What Is E-invoicing and Its Applicability E-invoicing under GST streamlines B2B transactions for GST-registered businesses. Learn more about e-invoicing and e-invoice applicability. Article By Business Tips How to Start an Export Business in India Before you start an expo...
Goods and Services Applicability Tobacco Comes under GST, with power to levy excise duties. Entertainment tax levied by local bodies The power to levy tax remains with the local bodies. Five petroleum products petroleum crude, diesel, petrol, aviation turbine fuel and natural gas GST Council to...
Select FreeTextInvoice.ReportIN as the report format.Trouble shooting guideThe tax engine is a highly configurable engine handling tax applicability, calculation, posting, and settlement. Please refer to trouble shooting guide first whenever you encounter any issues....