The Ministry of Finance released a notification on 26th July 2018 which seeks to amend the Integrated Tax(rate) under the Integrated Goods and Services Act, 2017. The notification basically specifies that RCM on services by individual DSAs to banks/NBFCs will be taxed. What this entails is that the services provided by DSAs […]
e-Way Bill (EWB) is the latest addition to GST for transport of goods for various business or non-business transactions over various intra-state and interstate distances which has to be generated if consignment value exceeds Rs 50,000.
In this article, we will look at what e-Way Bills are and how to go about ensuring you […]
GST is basically a destination based tax that is applicable at the time of consumption of services and products by the end-user. The GST tax is similar to the VAT tax that applies to the goods and services rendered to the end-user. Also, GST taxation law is made to ensure the financial transactions of the businesses […]
GST, as in Goods and Services Tax is going to be one of the biggest reforms in India. GST registration in India is an Indirect Tax that is collected by the Indian Govt and paid by the dealers on the SUPPLY of goods and services. It levies on a manufacturer, seller, and consumption of goods and services […]
