GSTR-3B, a monthly summary return, holds significant importance as it consolidates crucial information related to sales, purchases, and input tax credits. By providing a detailed breakdown of GSTR-3B requirements, including filing deadlines, input tax credit calculations, and reconciliation procedures...
GST，全称为GoodsandServicesTax，即商品与服务税，它是由联邦政府征收的一种税费。GST税率为5%，其适用范围包括所有的商业交易和服务，比如销售物品、提供服务等。虽然GST是由联邦政府征收的，但它的收税机构是加拿大国家税务局(CanadaRevenueAgency)。PST，全称为ProvincialSalesTax，即省级销售税，它是由各省政府征收的...
Sales within a Zero GST Warehouse Services Financial services Digital payment token/cryptocurrency transaction Private transactions Why was there a GST hike? The reason Singapore is trying to bolster its tax revenue base is particularly due to its escalating healthcare expenses. Singapore is projected ...
GST rates are divided into four main slabs: 5%, 12%, 18%, and 28%. There are also some special rates, such as 0%, 0.25%, 3%, and cess, for certain items. The GST Council periodically revises theGST Ratesbased on various factors, such as revenue collection, economic growth, inflation...
While greatly accelerating the pace of all their tax legislation, the world’s governments continue to rely heavily on indirect taxes as an invaluable source of revenue.
Overview of GST Return Filing By consolidating many taxes into one system, the Goods and Services Tax (GST) return filing signified a substantial change in the indirect tax structure. Businesses are required to file regular GST returns outlining their sales, purchases, and tax liabilities. Tax ...
each year in the Asia. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Google, Facebook, Kakao, Alibaba, Twitter, Rakuten, Salesforce.com, Xiaomi and YouTube would change the way we live and ...
Tax payers generating revenue over ₹1.5 crore annually Non residential Indians who conduct business activities with Indian citizens E-Commerce business owners and corporations Individuals holding a unique identification number or UIN It is mandatory to file a NIL GST Return, even if there is no bu...
Alcohol, cigarettes and fuel have been the traditional targets of levies known as excise taxes. Governments are now adding new sin taxes, as they seek to influence consumer behavior and collect more tax revenue, which includes sugar taxes on soft drinks and other products to fight obesity, and...
timely and secure, and that errors, if any, will be corrected. The material and information contained herein is for general information purposes only. Consult a professional before relying on the information to make any legal, financial or business decisions. Use this information strictly at your ...