At the time of penning this, the COVID-19 crisis is increasing exponentially all over the world. Global leaders and organizations are doing their best to manage this crisis. Even so, the boundaries are getting severely stretched. However, it is not just a macro crisis that needs to be handled at a global level.
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 5, 2017
Section 59 – Self Assessment “Every registered person shall self-assess the taxes payable under this Act and furnish a return for e...
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 5, 2017
WHAT IS JOB WORK? Section 2 (68) – Definition of Job Work “job work” means any treatment or process undertaken by a person on goods...
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 5, 2017
Reverse Charge Meaning- Section 2(98) of CGST Act, 2017 “Reverse Charge” means the liability to pay tax by the recipient of the supply of...
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 5, 2017
Section 10 (1) – Composition Levy Notwithstanding anything to the contrary contained in this Act but subject to the provisions of sub-sec...
News & FAQs | By Dipanjali Chakraborty | Last updated on Oct 4, 2017
After the 16th GST Council meet concluded today, the rates of 66 items under the upcoming GST regime have been revised. Add...
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 5, 2017
जीएसटी को आमतौर पर अप्रत्यक्ष, व्यापक, व्यापक-आधारित उपभोग के रूप में वर्णित किया गया है। भारत में कार्यान्वित किया जाएगा जो दोहरी जीएसटी...
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 5, 2017
माल और सेवा कर क्या है? जैसा कि नाम से पता चलता है, यह तब होता है जब उपभोक्ता एक अच्छा या सेवा खरीदता है। इसका मतलब एकल, व्यापक कर है जो ...
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 5, 2017
INPUT TAX CREDIT (ITC) UNDER GST Meaning and definition of Input Tax Credit (ITC) Section – 2(56) – “input tax credit” means ...
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 5, 2017
Valuations under the GST law refers to ‘value of taxable supply’ Determination of Value of taxable supply is of utmost...