Lack of clarity in the taxation regime / benefits or deductions, as well as potential retrospective applicability of tax liabilities continue to draw criticism from foreign investors. The GoI has also proposed to implement General Anti-Avoidance Rule from April 1, 2017, although the final form in ...
Select FreeTextInvoice.ReportIN as the report format.Trouble shooting guideThe tax engine is a highly configurable engine handling tax applicability, calculation, posting, and settlement. Please refer to trouble shooting guide first whenever you encounter any issues....
An electronic invoice is a legally accepted digital tax receipt document that your organization registers in the Invoice Registration Portal (IRP). The obligation and applicability of using electronic invoices depends on annual turnover. The minimum applicable threshold is determined by the legislation. ...
For each of the use cases in the selected industries, this paper describes the applicability of wireless and the ise-case requirements that you need to consider choosing the right technology for the job. We do not discuss the architectural considerations in depth but pr...
Select FreeTextInvoice.ReportIN as the report format.Trouble shooting guideThe tax engine is a highly configurable engine handling tax applicability, calculation, posting, and settlement. Please refer to trouble shooting guide first whenever you encounter any issues....
Go toGeneral ledger>Common>Main accounts, and create a main account for each state-wide ledger account that is required. On theSetupFastTab, be sure to selectGSTas the posting type. For more information, seeCreate a main account. Create a GST authority. ...
The proposed date of applicability for section 194Q is July 1, 2021. Per the charging proviso to this section, the section will apply to any person who is a buyer, and who is responsible for making payments to a resident for the purchase of goods when the value or aggregate of either ...
A stock transfer has the same tax rate applicability at the time of shipment and receipt, including partial receipt. This means that tax was calculated on the new HSN code percentage instead of on the transfer order before the change in the HSN code percentage, which caused revenue loss to...
The proposed date of applicability for section 194Q is July 1, 2021. Per the charging proviso to this section, the section will apply to any person who is a buyer, and who is responsible for making payments to a resident for the purchase of goods when the value or aggregate of either ...
Go toGeneral ledger>Common>Main accounts, and create a main account for each state-wide ledger account that is required. On theSetupFastTab, be sure to selectGSTas the posting type. For more information, seeCreate a main account. Create a GST authority. ...