RCM Time of Supply Rule Changes Effective from November 1 Now, let us look at GST due dates for December 2024. Here is a comprehensive image of our December GST Due Dates Calendar or GST Compliance Calendar. It has all the GST Due dates for December 2024 so that you never miss the Dece...
As per Sec 25(4) of CGST Act, 2017 every branch/office of a company/entity having separate GSTIN belonging to one legal entity (single PAN) is a distinct person, whether located in the same state or different states. So, the supply of goods or services between these branches are...
RCM Time of Supply Rule Changes Effective from November 1 Now, let us look at GST due dates for December 2024. Here is a comprehensive image of our December GST Due Dates Calendar or GST Compliance Calendar. It has all the GST Due dates for December 2024 so that you never miss the Dece...
The features of GST on special economic zones are as follows: When goods or services or both are moved to the SEZ, the movement will be considered a zero-rated supply because such goods and services fall under the export category. Zero-rated supplies mean GST does not need to be paid in...
GST is a unified tax levied on the supply of goods and services. It covers the entire supply chain and allows input tax credits at each stage, ultimately functioning as a tax on value addition. 10. What is the GST Number? Goods and Services Tax Identification Number (GSTIN) is an identi...
There is an 18% GST is to be furnished on online and offline business said Maharashtra Authority of Advance Ruling (AAR) The dentist’s act 1948 controls the profession of dentistry in which it is convenient to build the act for the direction of the fiel
CGST (Central Goods and Services Tax) Levied by the central government on intrastate transactions, CGST applies to the supply of goods and services within state boundaries. SGST (State Goods and Services Tax) Similar to CGST but imposed by state governments on intrastate transactions. Revenue from...
The Goods and Services Tax: What is It? On July 1, 2017, the Goods and Services Tax (or GST), a more straightforward tax payment method, was implemented. It is imposed on all parties involved in the supply of goods and services in the nation. To achieve uniformity in the indirect tax...
Place of supply A supply will only be subject to GST if it is made in Malaysia. The place of supply of goods or services is where the supply is made or is treated as being made. Supplies made outside of Malaysia are considered to be out of the scope of ...
This article provides a walkthrough of the features that are related to Goods and Services Tax (GST). It also highlights the effect of GST on various types of commerce business transactions, and shows the accounting and posting of transactions where the receipt is printed at the point of sale...