In this article, we will discuss the Composition Scheme in detail, including the Composition tax rate, GST Forms, and composition rate for service providers.
Freelancers are not only tied up for certain projects but they are tied up with certain companies too. This often creates confusion about whether GST is applicable or not for the services provided.
02 March 2023 at 08:52
The GST Composition Scheme was created to make GST payment easy for MSME businesses and simplify GST return filing. Small taxpayers can avoid time-consuming GST processes by paying GST at a fixed rate of turnover.
This article prepares for helping to understand how to issue E way bill in case of consignee place and the delivery place is different. Also, help in understanding whose tax invoice will consider during the transportation of goods.
Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised for any reason other than fraud or any wilful misstatement or suppression of facts
Many freelancers remain unaware of these tax provisions. Because of this, they forget to pay GST on advance payments, resulting in additional interest and late fees.
Goods And Services Tax e-Invoice System: FAQs
Assessment is an important process under the Goods and Services Tax (GST) Act in India. It refers to the verification and determination of the tax liability of ..
Suo moto cancellation of GST registration refers to the cancellation of a registered person's GST registration by the GST officer on their own initiative, w
GST Council Meeting held on 18th February 2023 recommended various GST amnesty schemes and certain changes in tax rates along with rationalization in Late Fees for Annual return were also proposed.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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