GST laws mandate specific timelines for issuing invoices, revised bills,debit notes, andcredit notesbased on the type of supply. For goods, a GST tax invoice must be issued when the value exceeds ₹200. However, GST-registered suppliers must issue invoices upon customer request, regardless of ...
Types of GST Returns (based on the New GST Law) There are 3 categories that broadly classify the GST returns. Here is a comprehensive list of the types of GST Returns: Regular Businesses Easy GST Filing with Deskera Try for Free Today Click here for free trial Companies registered under the...
With the startup ecosystem booming across the country and more and more people looking to do something on their own, there is a need to be well-acquainted with different business registration types, i.e. sole proprietorship, limited liability company, and private limited company. Private Limited ...
Types of indirect taxes Indirect taxes have different names in different countries or regions. The amount of tax charged depends on the purchase price, as tax levied is a percentage of the cost to purchase. Here are a few examples of indirect taxes: ...
For companies whose taxable profits don’t exceed this threshold, registration is not mandatory; you’ll have to consider whether registering is in the best interests of your business. What is GST Exemption? While many businesses will need to register for GST, there are certain cases where your...
Type of Taxes under GST GST will replace all existing taxes such as CST, VAT, Excise Duty, Service Tax, Entertainment Tax. Following are the three types of taxes under GST State GST – SGST Centre GST – CGST Integrated GST – IGST ...
There are many types of GST returns filed by the taxpayers in a year. Each GST return form has a particular due date before which we have to file GST return to the tax department. It is necessary for a taxpayer to go for GST return filing before the due date. List of all returns to...
What is UTGST? The fact that Union Territories are directly under the governance of the Central Government, differentiates them from the states, which have their own elected governments. This called for a separate taxation structure for the Union Territories and thus UTGST rate or Union Territory...
GST registration guidelines Indian GST Laws How to export your goods? Learn exports imports free of cost Comments Muhammad imran:On 01 March 2014 Invoice amount required in shipment advice.If amount mentioned in shipment advice and differ from invoice invoice, may we reject the documents on the ...
This article provides a summary of the new features and critical bug fixes that were released in Microsoft Dynamics 365 Finance versions 10.0.15 through 10.0.19 for the Indian Goods and Services Tax (GST) localization.New featuresTCS on sale of goods...