What is Job Work? Job work is a major portion of our GDP, and it includes various outsourced activities that may or may not…
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Yes! It is possible to simplify the GST
The GSTN has been facing a lot of hiccups and hurdles altogether. This wasn’t surprising as the IT failure is a common thing when…
Impact of GST on e-commerce business – What you need to know?
As per a study by Assocham-Forrester, the E-commerce sector in India is expected to cross a revenue of ₹ 12,000 crores by 2020. It is…
Google to charge GST on its apps purchases
Search Engine giant, Google has started mentioning the exact value of the tax in its play store bills, and invoices post the implementation of…
Decoding the mystery of PayPal over GST
This post informs all the PayPal users in India regarding the change in the policies due to the implementation of the GST (Goods and…
HSN Codes under the GST – What you need to know?
What is HSN code? HSN code stands for Harmonized System of Nomenclature developed by the world customs organization (WCO). It is considered as an…
Form GSTR-6 – Return for input service distributor – What you need to know?
The taxable persons are required to register as Input Service Distributor. Such distributors need to furnish an electronic return in form GSTR-6. The return…
Impact of GST on pharmaceuticals industry
FY 2016-17 has been very significant for India as we could see a plethora of reforms coming into the system. Amongst all of the…
Composition scheme under GST – What you need to know?
The tax administrators look for proper and timely execution of tax along with proper filing. It is also desirable that the invoices are documented…
Why GST CESS is levied: Things to know about rates & applicability
Section 8 of The Goods and Services Tax (Compensation to State) Act, 2017, It is a compensation cess which is levied on the supply…
Apps for GST now available to help understanding GST on Android and iOS
GST is the unified form of all taxes. There are countless GST mobile applications which would help you understand the tax system. Some of…
Impact of GST on aviation industry
Mumbai: Like any other sector of India, Aviation industry too is gearing up to meet the requirement of GST implementation. In fact, the industry…
Impact of GST on chemist and medicines distributors
It has just been a month after the GST has been implemented. However, even today, the stock of medicines has not seen any stabilization.…
Impact of GST on content writer – What you need to know?
GST (Goods & Services Tax) is an umbrella of taxes as it subsumed most of the indirect taxes in India. GST is to be…
GST Migration and Registration – How to Convert Central Excise, Service Tax, VAT to GSTIN ?
All existing assesses are legally responsible for applying GST Migration and Registration under GST Common Portal. An existing assesses is an entity registered with…