Previously, contractors had to pay Excise duty, VAT, Customs duty, Entry taxes, and other taxes on raw materials/inputs and Service tax on various input services such as permission costs, architect professional fees, and labor charges, legal charges, and so on. ITC was not accessible for d...
Tax payable under Reverse Charge Mechanism In case GST is applicable, the GST rate applicable on legal services would be 18%. Definitions as per Notification No. 12/2017- Central Tax (Rate) 1. "legal service" means any service provided in relation to advice, consultancy or assistance in an...
Proprietorship Firm- Proprietor’s PAN card, Shop Act, Address proof of Firm FAQ 1. What is GST? GST is a single tax on the supply of goods and services. It is a destination based tax. GST will subsume Central Excise Law, Service Tax Law, VAT, Entry Tax, Octroi, etc. ...
The cancellation can either be initiated by the department on their own or the registered person can apply for cancellation of their registration. In case of the death of a registered individual, the legal heirs can apply for cancellation. Is GST filed every month? The frequency of GST filing...
Avoiding Legal Issues: Ignorance of GST state codes and jurisdictions can inadvertently lead to non-compliance which results in legal hassles. Being aware of these codes helps businesses stay on the right side of the law. Trade Across Borders: For businesses involved in international trade, understa...
That saves time and money; Team enterslice is more efficient than traditional competitors, and that helps to pass on the cost advantage to its clients. The company is building a high-level transparency in legal services by optimum use of technology and process automation in consulting. I highly...
That saves time and money; Team enterslice is more efficient than traditional competitors, and that helps to pass on the cost advantage to its clients. The company is building a high-level transparency in legal services by optimum use of technology and process automation in consulting. I highly...
Legal entities:Go toOrganization administration>Organizations>Legal entities. On theAddressesFastTab, selectMore options>Advanced, and then expand theTax informationFastTab. Warehouses:Go toInventory management>Setup>Inventory>Inventory breakdown>Warehouses. On theAddressesFastTab, selectAdvanced, and then ...
Missing a GST return deadline may incur penalties, including late fees and interest charges. To avoid this, file the return as soon as possible and pay any outstanding taxes to mitigate penalties. How can I check my GST return filing status? Check your GST return filing status online by lo...
Taxpayers must fill in their monthly or quarterly GSTR 1 form in January to avoid penalty charges. In this regard, you can read our guide on everything you need to know about form GSTR 1. Since 31st December is the due date to file GSTR-9 for a financial year, taxpayers who haven...