1. SGST - Good and Service Tax (GST) by States Government.2. CGST - Good and Service Tax (GST) by Central Government.3. IGST - Good and Service Tax (GST) on International Goods.These all are nothing but Central excise/Service Tax, VAT(Value Added Tax) and CST. To know more about...
What is GST? Goods and services tax is a form of value-added tax levied on most products sold to the general public. This particular tax is usually paid by consumers; it is then passed on to the government by the business offering the goods and services. In a nutshell, the goods and ...
Understand HSN codes under GST with Tally Solutions. Learn their significance, structure, and use our HSN code finder for quick lookups. Explore now!
Finally, we have discussed everything about the input tax credit and the claim process under theIndia GSTlaw. In the country, ITC is an innovative way of increasing the taxpayer's base. Also, it is beneficial for businesses as it can reduce their tax liability by claiming credit to the ex...
GST stands for goods and services tax and whether you pay it or not will depend on the turnover threshold. Learn everything about GST in this guide.
(iii) exports of goods and/or service of a person having the same PAN. The above shall be computed on all India basis and excludes taxes charged under the CGST Act, SGST Act and the IGST Act. What are the categories not included under GST in India?
E-invoicing under GST streamlines B2B transactions for GST-registered businesses. Learn more about e-invoicing and e-invoice applicability.
It's not uncommon in business for an invoice to be issued by mistake under the Goods and Services Tax, or for a few invoices to require revisions.
Goods and Services Tax (GST) in India, explained with benefits and components to get a better understanding and why it matters to you and your business.
WHICHEVER IS HIGHER Thus, it can be inferred that where the turnover of a registered person opting for composition scheme is up to Rs 50 Lakhs in the preceding Financial Year, he can supply services (other than restaurant services) up to a maximum value of Rs 5 Lakhs in the current Finan...