GSTIN, short for Goods & Services Tax Identification Number is a 15-digit, unique identification number allotted to each taxpayer (GST registered business, firm, dealer, supplier, business entity) once they have registered under the GST regime in India. Every business operating in a state or Un...
all traders and businessmen must obtain aGSTIN(GST Identification Number) and In this article, we shall take a close look at the calculation of GST, the different tax slabs under GST, and many more
the total cost becomes ₹105. Upon adding ₹50 in value to the product, he sells it for ₹155. The GST on ₹155 is ₹7.75, but he can claim an input tax credit of ₹5 for the GST paid on raw materials. Therefore, the net GST liability of the manufacturer is ₹2.75...
The Trump economy was booming. Thedemocratswere in jeopardy of becoming extinct and many may well go toprison. In any case, the gravy train would be over and the progressives would rather trash this country than lose their strangle hold on the finances and the direction of this country. The...
aboutITR forms for FY 2018-19 or AY 2019-20, changes, Income Tax slabs.These forms require some new details to be filled in by taxpayers mostly in ITR2 such as the number of days of residency in India, holding of unlisted shares and mandatory quoting of PAN of the tenant in case of...
For example in Andhra Pradesh, the Road tax calculator is based on the age of the vehicle like for two-wheelers Vehicle’s weight –and the capacity of the engine. There are slabs of the engine capacity in CC for the road tax calculation purposeFor example in Maharashtra, the Road tax ...
These revised invoices replace the original ones and must be used to report the sales in GST returns, pay the applicable GST, and allow B2B customers to claim ITC. The revised invoice must be clearly labelled as a “Revised Tax Invoice” to ensure compliance. ...