With the dawn of 30th June, 2017, ended the earlier regime indirect taxation where we had different tax rates for every state. With the broad day sunlight of 01st July, 2017 started the era of GST in India. Let's walk through how GST has revolutionized I
GST goods and services rates in India Does Shopify provide a GST-compliant bill? No, Shopify does not create a GST-compliant bill. If you sell goods, your GST invoice will include a description, quantity and value of the purchase along with other particulars. But if you sell services, your...
Let's go through the steps below to view how the GST is computed on Deskera Mobile App. Select the right HSN code Pick the right HSN code auto-populated from the system 1. Tap on the 'Product' Icon. 2. Create a new product as per usual. For India, you will need to indicate the...
India established a dual GST structure in 2017, which was the biggest reform in the country's tax structure in decades.9The main objective of incorporating the GST was to eliminate tax on tax, ordouble taxation, which cascades from the manufacturing level to the consumption level.10 For exampl...
India’s GST could bring major improvements to the country’s notoriously inefficient logistics, and radically improve supply chain management and transportation. We asked Pritam Banerjee, Senior Director, Corporate Public Policy for Deutsche Post DHL Group in South Asia, about why the GST might trans...
See how many time zones there currently are in the world Daylight Saving Time Zones DuringDaylight Saving Time(DST) the time zone name and time changes. The words “daylight” or “summer” are then usually included in the name, and the local time is usually set forward 1 hour. ...
India’s tax system for cryptocurrencies is relatively strict compared to many other countries, with high rates on profits and specific regulations. Comparison of India’s Crypto Tax System with Other Countries These regulations should be followed by all users and exchanges. Majority of interna...
How can a Freight forwarder provide airfreight rates better than airlines How many types of imports in India. Types of bills of Entry in India How many types of shipping bills in export How to Choose a product for export business Import customs clearance procedures ...
to India, you’ll need to register with the relevant council. Foreign companies are required to establish an Indian entity with goods and services tax (GST) registration or to partner with a local Indian entity. The Ministry of Commerce and Industry regulates online sales in the Indian market...
Are Indian businesses exempted from goods and services tax (GST) for exports of goods and exports of services outside India? Under the GST, exports are categorised as zero-rated supplies – which means, the GST will not be levied on the outbound supply of any service of goods and you as...