First – time experience of filing returns under GST regime will be without much bothering of mistake, interest, penalty, and late fees or matching of ITC,…
Normally GST is charged on the transaction value of the goods. However, in respect of second hand goods, a person dealing is such goods may…
Introduction 1. The issue of taxability of employee reimbursements and applicability of reverse charge mechanism on the same is a hot topic after the implementation of…
Levy of GST on GTA service for transportation of goods on road and availability of credit to the recipient of service is always a controversial…
NEW DELHI: Central Board of Excise and Customs Chairperson Vanaja Sarna on Friday said the next Goods and Services Tax (GST) Council meet, scheduled on…
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Q 1. What is composition levy under GST? Ans. The composition levy is an alternative method of levy of tax designed for small taxpayers whose…
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