UNDERSTANDING THE SERVICE TAX IN PRE GST ERAVitthal Kumar SaraffNiraj Kumar KaranPramod Kumar Agrawal
Curious about Goods and Services Tax (GST)? Discover why it is considered an indirect sales tax and what are the main differences with VAT.
Why GST was Introduced (Goods and Services Tax)? GST was applied to improve the economies of the states and the overall country. Here the tax will be levied at every point of the sale and so GST is called multi-staged. This will be refunded to all the parties at every stage of the ...
Learn about how to set up Goods and Services Tax (GST) and Sales and Service Tax (SST) for a Malaysian company, including an overview on enabling features.
September 27, 2024/0 Comments/in Financial Services, Good & Service Tax (GST), Indirect Taxes, RBI, Taxation /by Staff Team Finserv (finserv@vinodkothari.com) Introduction Banks and Non Banking Financial Companies (‘NBFCs’) have been receiving notices from statutory authorities stating the oc...
the operation of any hazardous environments or critical systems that may lead to serious bodily injury or death or cause environmental or property damage, or to make legal, tax, or financial decisions. Services used in support of healthcare services are not medical devices and are not intended ...
Goods and Service Tax (GST) is one of the most crucial tax reforms in India which has been pending since a long, however the greatest tax reform since independence finally got the nod of the Parliament in its monsoon session of August 2016. The history of GST in India dates back to 2006...
Before the arrival of GST compliance, the country had some other tax structures like value-added taxes, service taxes, etc. Now that GST compliance has been introduced, all these taxes are gone. Simple accessibility Any individual can access the data relating to taxation through the GST portal ...
GST, Frequently Asked Questions Types of different tax returns under Goods and Service Tax When is the last date for filing of IGST, CGST and SGST annual returns for previous financial year? The last date for filing of annual GST returns (IGST, SGST and CGST) for previous financial year is...
(iv) you are responsible for tracking your usage, and Provider is not obligated to notify you before you incur excess usage fees. 8.3.Taxes. You agree to pay all taxes and similar assessments, including sales tax, use tax, value-added tax (VAT), and goods and services tax (GST), impos...