GST on freight - Know GST rate on freight charges, goods transport agent, the provisions for registration, tax liability and tax credit for GTA under GST.
The GST officers have come to a conclusion by providing the businesses with a system through which it will become mandatory for them to generate ‘e-invoice’ for every sale on the government GST portal. This system will only be applicable to those whose turnover threshold is above the determ...
In case of reverse charge applicable on the supply of services, the time of supply shall be the earliest of the following dates:a. Date of payment b. 60th day from the date of issuance of the invoice by the supplier*If it is not possible to determine the time of supply, the time of...
On the GST front, there were quite a few changes and updates. You can read all the updates here: Top GST News of the Month. There is a lot of curiosity among the taxpayers about the newly launched f functionality – Invoice Management System. So, to address all the queries, we have ...
Dear Sir Madam We charged freight charges on invoice and calculated GST on the same rate as applicable on goods But the same amount of freight paid to GTA Is GST to be paid on RCMalso Example Value of Goods 90000 Freight charges 10000 Taxable value 10000
Reverse charge mechanism under GST is a mirror image to the reverse charge mechanism which was under service tax as is applicable f Read More 01 Jan 1970Posted By: E-StartupIndia Scope of GST on Advocates There is a common perception in the market that providers of the legal services (...
No GST applicable for Maize (corn) Rice is exempted to pay GST No GST on sale of Grain sorghum? GST is not payable on Buckwheat, millet and canary seed; other cereals such as Jawar, Bajra, Ragi] Nil rate of GST on Flour Aata, maida, besan etc. [other than those put up in unit...
GST Software for CAs,GST Software for Traders,GST Invoicing Software,GST Calculator,GST on Freight,GST on Ecommerce,GST Impact on TCS,GST Impact on TDS,GST Exempted Goods & Services,Reverse Charge Mechanism in GST,GST Declaration GST Rates & Charges ...
In any case, the new MRP sticker along with the old MRP sticker must be placed clearly on the product package. The rules were applicable only to products that were already in stock at the time of the launch of GST on 1st July 2017. Products coming after the GST launch did not need to...
When a free text invoice is generated from an Indian company, an error occurs. The system generates a sales order invoice instead of a GST tax invoice when the tax value becomes zero (0). The value in the GSTR-2 column, Is Reverse charge applicable is updating incorrectly. The Tax...