October 3, 2018
GST, Taxation
WHAT IS THE eWAY BILL UNDER GST E-Way bill stands for Electronic Way Bill. It is usually a unique bill number generated for the specific consignment involving the movement of goods. In GST, A Registered Dealer who intends to transports Goods exceeding Rs.50000 or more should generate E-way bill. Procedure …
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October 3, 2018
GST, Taxation
Who Needs GST Registration Already registered dealer – Every Manufacturer or a Service provider or a dealer registered under Central Excise Act or under Service tax law or State Vat law will get automatic Pan based registration number without fresh application. New Dealer – Dealers crossing the specified threshold limit …
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October 3, 2018
GST, Taxation
What is CGST and SGST ? Since GST subsumed both indirect taxes of central government (excise duty, service tax, custom duty etc) and state governments (VAT, Luxury tax etc) now depends on GST for their indirect tax revenue. Therefore the GST rate is composed of two rates, one of CGST …
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October 3, 2018
GST, Taxation
It is always very calculative to register GST as there are many benefits, one among such benefits is Input tax credit. This input tax is a very essential factor registered taxpayers. Though there is time limit with due date mentioned to file the GST for every succeeding financial year. The …
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October 3, 2018
GST, Taxation
GST invoice format and rules Invoicing plays a vital purpose In regards to the execution of the transaction. On every single sale/acquire an invoice is issued from the supplier i.e person earning the sale. The Bill is made up of S.No, specifics of solution like product identify, description, amount, and …
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October 3, 2018
Business Tips, Taxation
“The necessities differ from state to state but (name registrations) are generally finished within the county stage and contain registering for your personal business name and publishing a discover that you’re carrying out small business less than that name,” says Chatow. Chatow claims, “If somebody will get wounded at your place or as a …
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October 3, 2018
Business Tips, Start Ups, Taxation
Online businesses including e-commerce marketplaces Flipkart and Snapdeal, coupled with ride-sharing organization Ola, have highlighted the probable for residence-grown know-how successes in a country finest noted for capitalising on low-priced engineering expertise as the world’s back Business office. The DIPP secretary said that While quite a few states are coming …
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October 3, 2018
Taxation
Presented also that where multiple certification is necessary for being furnished to your payee for deductions of earnings-tax manufactured during a fiscal calendar year, the person deducting the tax, may possibly on ask for from this sort of payee, problem within just one month within the near of these kinds …
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October 3, 2018
Taxation
Inter Head Adjustment If in any year the taxpayer has incurred loss from any source under a particular head of income tax, then he is allowed to adjust such loss against income from any other source falling under the same head. The process of adjustment of loss from a source …
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October 3, 2018
Taxation
India’s population is comparable with China’s but only in overall size rather than by income stage segments. While China’s e-commerce started escalating in 2007, a similar craze in India may not be obvious, presented a A great deal more compact middle-income population. “We expect exponential growth in e-commerce to result …
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