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What does charitable activity mean under GST Act? The Goods and Services Act also specifies the criteria to be called a charitable activity. They are: I.…
What does charitable activity mean under GST Act? The Goods and Services Act also specifies the criteria to be called a charitable activity. They are: I.…
One of the fundamental principle to make exports competitive in the international market is that taxes should not be exported. Hence exports to destinations outside India…
Introduction E-invoicing is the proposed system where business-to-business (B2B) invoices are digitally prepared in an e-invoicing format and authenticated by the Designated Portal – Invoice Registration…
MEANING OF JOB WORK: Section 2(68) of the Act, defines “job work” as any treatment or process undertaken by a person on goods belonging to another…
INTRODUCTION Nowadays, Business restructuring has become vital for businesses in quite a few industries today. This is because Covid-19 has impacted them a lot and in…
Introduction In case of GST, tax is payable on ad-valorem basis i.e., percentage of value of the supply of goods or services. Thus, it becomes important…