Goods & service tax

Introduction: – We all have heard about the fake GST registrations being taken for the sole purpose of tax evasion. The fake GST registrations are taken…

This article includes the following key pointers: Introduction  Conditions where RCM is not applicable Conditions where RCM is applicable Conclusion To know more: https://taxguru.in/goods-and-service-tax/reverse-charge-mechanism-gst-rent-cab.html

The GST Council along with the Union Finance Minister Via virtual mode during their 48th meeting recommended various changes in the gst tax rates and ways…

Today GST, though not the biggest source but has been recognized one of the major source of revenue for Indian Government. To make it a flawless…

As per Section 9(5) of the CGST Act, Electronic Commerce Operator (ECO) is required to pay tax on the supply of services such as Accommodation services,…

Let us talk about the leasing, now a days people purchase properties as a prominent source of Income and future investment, these was considered by government…

The e-commerce sector in India has been growing by leaps and bounds. India has along with the rest of the world been witnessing unprecedented growth in…

•Returns Earlier a Taxpayer was allowed a deviation of 5% in ITC credit availment over and above the amount reflected in GSTR-2B, However, if the taxpayer…

HERE ARE SOME THINGS YOU MUST KNOW…. E-commerce has transformed the way business is done in India. Much of the growth for the industry has been…

Introduction: Having effective internal controls is one of the most vital aspects of any organization’s operation. Among organizations that need effective operating internal controls, Charitable Institutions…

I. Introduction: Imports and exports play a crucial role in not only determining but also ascertaining the economic health of the country. Though Imports are discouraged,…

Are you struggling to reconcile GSTR 2B with the books? With recent changes in GST, GTSR 2B is implemented to ensure transparency of credits availed by…