Explore how transaction value serves as the primary basis for valuation under GST law, including key judicial rulings, conditions, and practical implications for businesses
The rulers who are one side of the coin has brought GST into the implementation as a Good and Simple Tax from 1/7/2017 by conducting special parliament sessions on the night of 30/6/2017 off-course they are having a sleepless night on that day only.
Arjuna (Fictional Character): Krishna, I heard that the Central Board of Indirect Taxes & Customs (CBIC) had issued new Instructions related to GST registra
Reverse Charge Mechanism was first introduced in the Service Tax Law. Now, the Government has incorporated RCM in GST.
GST Interest and Penalty Waiver Scheme allows eligible taxpayers to get a waiver on interest and penalties for GST demand.
Discover the transactions classified under Schedule III of the CGST Act that are treated neither as supply of goods nor services, including employee services, constitutional duties, funeral services, land sales, and more.
(A) Any trade, commerce, manufacture, profession, vocation, adventure, wager, or any other similar activity, whether or not it is for a pecuniary benefit.
Bank Account Validation on GST Portal ensures proper refund crediting. Check how to add bank a/c details with GSTNs new validation process.
e-Invoicing means reporting details of specified GST documents to a Government-notified portal. Check out what it means for Businesses?
"Taxable event" is that on happening of which the charge is fixed. It is that event which, on its occurrence, creates or attracts the liability of tax.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English