After GST roll out in India, under “Make in India” policy, the Indian Government aimed to increase the output and quality of exports from India and gave many tax benefits to exporters.
The Central Board of Indirect Taxes and Customs has recently notified the format of GSTR-9 for the normal tax payers. GSTR-9 is an annual return which is required to be filed by the tax payer.
Impact of TCS in GST The Government has deferred the provisions of Tax deducted at Source (TDS) and Tax Collected at Source (TCS) under GST earlier. Recently the government has notified October 1st, 2018 as […]
GST ready Accounting Software from EZTax.in, the company released enhanced version of Bank Statement Reconciliation using simple easy steps.
What is Regular under GST ? The following tax payers needs to be mandatory registered under regular scheme of GST
The tax payers whose turnover is more than Rs 1.5 crore.
who are dealing in Inter state of goods or services or both.
What is Composition Scheme under GST ? Composition scheme is available to the dealers whose turnover is less than the notified amount Rs 1.5 crore
Tax Invoice All registered persons supplying taxable goods or services or both shall issue tax invoice. Particulars in a ‘Tax Invoice’ Name, address and GSTIN of the supplier. A consecutive serial number not exceeding sixteen […]
Difference between Nil Rated, Exempted, Zero Rated, and Non-GST Supplies and it’s impact on Taxes
AI Decision making accuracy vs Human Intelligence – India’s 1st EZTax.in GST Ready Accounting #eztax #mydlabs #AI #accounting #AI-Stats #GST
Well, it’s a bit old news, but 5 months after GST being in effect, we have observed that some of the businesses are still charging GST on top of Product MRP.