In the case of TCS on sales of goods, TCS will be deducted based on PANs. If multiple customers have the same PAN, all transactions by those customers will be accumulated and compared to the threshold that is prescribed by the government. You can also accumulate the purchase ...
No specific clarification is available regarding base amount for TCS deduction on sale of goods, in absence of any specific provision or circular or clarification by CBDT, it is unclear as to whether TCS will be levied on GST charged in invoice or not. There are two views whether TCS on S...
No specific clarification is available regarding base amount for TCS deduction on sale of goods, in absence of any specific provision or circular or clarification by CBDT, it is unclear as to whether TCS will be levied on GST charged in invoice or ...
Purchase return orders Vendor advance payments where there are reverse charges GST TDS on payment of goods and services GST TCS on payment of goods and services Sales transactions Foreign transactions Stock transfer transactions Customer payment transactions Project management transactions Tax adjustment Tax...
GST不能跨邦抵扣,同一邦内CGST与SGCT不能交叉抵扣,而同一邦内IGST可与CGST和SCGT交叉抵扣,具体抵扣顺序:CGST首先用CGST抵扣,然后用IGST抵扣;SGST首先用SGST抵扣,然后用IGST抵扣;IGST首先用IGST抵扣,然后用CGST抵扣,最后用SGST抵扣;GSTN (Goods and Service Tax Network) 货物和服务税网络是管理GST门户的整个IT系统的...
Any taxes collected in the month of March must be submitted on the 30th of April, and any taxes collected on the purchase of the property must be submitted on the 30th of the following month. Here is a table for easy understanding. ...
TCS is a tax collected by the seller, at the time of sale. Transactions Covered TDS is applicable on interest, salaries, brokerage, professional fees, commission, purchase of goods, rent, etc. TCS is applicable on the sale of timber, scrap, minerals, liquor, tendu leaves, forest produce, ...
GST on purchase return GST on journals/payment/application GST on sales GST on sales return GST on transfer GST on bank charge GST TDS/TCS GST TDS TCS overview GST TCS on payment GST TDS TCS on receipt GST adjustments/periodic activities GST Cess GST on service management GST input ...
TranZact is a team of IIT & IIM graduates who have developed a GST compliant, cloud-based, inventory management software for SME manufacturers. It digitizes your entire business operations, right from customer inquiry to dispatch. This also streamlines your Inventory, Purchase, Sales & Quotation ...
Summary of TDS provisions in GST Presumptive Taxation For Professionals under Section 44ADA Penalty for failure to get accounts Audited Section 271B Section 194P - Tax Deduction in case of a Specified Senior Citizen Section 194Q - Tax Deduction on the Purchase of Go...