Articles by Vikas Modi

Valuation of Supplies under GST with Practical Examples

Vikas Modi 08 September 2017 at 10:56

Value of Supply under GST with Practical ExamplesValue of Supply:GST will be levied on the value of supply. In other words to levy GST, correct value of supply ..

Free Samples & Promotional Items under GST with examples

Vikas Modi 05 July 2017 at 11:23

Free Samples & Promotional Items under GSTINPUT TAX CREDIT ON FREE SAMPLES Section 16(1) of the CGST ACT Provides that every registered person entitled to t

Time of supply under GST with Examples

Vikas Modi 23 June 2017 at 11:03

Time of Supply with ExamplesNeed and Meaning of Time of Supply:For the purpose of paying tax liability, point of taxation is required. Time of supply is nothing..

GST Impact Study for Jewellers

Vikas Modi 16 June 2017 at 11:01

GST IMPACT STUDY FOR JEWELLARY SECTORGST Council has decided 3% rate of GST on Gold under chapter 71. In the GST regime prices of Jewellery will be high as comp..