Loans given by lending institutions are accompanied by a processing fee. This fee is charged to a potential borrower for processing an application for a loan. Since personal loans fall in this category, borrowers are charged with a processing fee. A GST of 18% is applicable on loan processing...
(d) name, address and Goods and Services Tax Identification Number or Unique Identity Number, if registered, of the recipient;(Not Applicable-Applicable only If the recipient in India is Registered under GST) (e) name and address of the recipient and the address of delivery, along with the ...
TheEU Servicefield is only applicable for GST/HST reports. The field isn't related to theService DeclarationorIntrastat for Servicesfeatures. GST/HST rounding for documents Amounts in documents that are not yet posted are rounded and displayed to correspond with the final rounding of amounts that...
GST Calculator is Goods and Service Tax Calculator which gives you the amount of GST applicable on the transactions. GST calculator is a tool designed to help businesses and individuals accurately calculate the GST amount for various goods and services. It simplifies the process of determining the ...
Add invoice date into GST, Rate lookup Enable Non-GST, if Non-GST is marked trans tax information, GST will not be applicable Microsoft Dynamics 365 Finance (10.0) Taxable Document.version.82.xml Taxable Document (India).version.82.143.xml Tax (India GST).version.82.143.263.xml Solve the ...
GST Calculator is Goods and Service Tax Calculator which gives you the amount of GST applicable on the transactions. GST calculator is a tool designed to help businesses and individuals accurately calculate the GST amount for various goods and services. It simplifies the process of determining the ...
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 (...
For Composition Taxpayers, ‘Bill of Supply’ is created for which the above steps are equally applicable. The only difference: GST Tax cannot be charged in a Bill of Supply. The Tax Invoice and Bill of Supply have been explained below. You can also calculate GST using Razorpay’s Online ...
8.How to calculate GST on free supplies? GST is not applicable on free supplies or samples. In Tally.ERP 9, enable the optionUse separate actual and billed quantity columnsunder F11 > Inventory Features. Now, enter separate billed quantity and actual quantity including the quantity of free sup...
In other words, reverse charge means where the recipient of goods or service or both has to discharge the tax liability on his own account. 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...