What is Place of Supply in GST Regime?

By |2020-03-16T03:03:20-05:30June 14th, 2017|Categories: GST, GST Law, GST News, Videos|

Meaning In simple terms, Place of supply means the place where a supply of goods or services is made & where the GST may be charged or paid. Determining the location of supply of services may be difficult especially in inter-state services. In some [...]

Different Types of Supply under GST

By |2020-03-16T02:22:46-05:30June 14th, 2017|Categories: GST, GST Law, Videos|

Meaning In this article, meaning of the term ‘Supply’ and the various types of supply are discussed for the information of the readers. Supply of goods or services or both is defined as sale, transfer, barter, exchange, license, rental, lease or disposal made or agreed to [...]

Different types of GST Assessment

By |2017-09-10T11:05:36-05:30June 14th, 2017|Categories: GST, GST Law, GST Return Filing, Videos|

Introduction Assessment is the process of determination of the tax liability of a taxpayer. There are different ways to determine tax liability under the GST law. GST Assessment is required to be done to establish the tax liability of an assessee. Taxation Laws lay down [...]

Dispute resolution mechanism under GST

By |2017-06-19T11:59:18-05:30June 13th, 2017|Categories: GST, GST Law, Videos|

Introduction For smooth implementation of GST in our country it is important to have an inbuilt parallel dispute resolution mechanism assuming various issues in GST regime. In international arena two approaches are followed: There must be resolution mechanism There should be a prevention system. It is necessary to save time, money, hassle and closure of trade. Dispute resolution [...]

What is ISD (Input Service Distributor) under GST?

By |2020-03-16T02:59:08-05:30June 9th, 2017|Categories: GST, GST Law, GST News, GST Return Filing, Videos|

Meaning “ Input service distributor (ISD) ” means an office of the supplier of goods and/or services, which receives tax invoices issued towards receipt of input services or such other document as prescribed for the purposes of distributing the credit of CGST, SGST. [...]

Procedures for Payment under GST

By |2020-03-16T02:59:45-05:30June 8th, 2017|Categories: GST, GST Law, GST Return Filing, Videos|

Introduction Now the GST will soon be launched, an essential point to note is the process of tax payment. First, it is essential to understand if the individual is qualified for GST tax or not. There are various conditions which the taxpayer can check to understand the criteria [...]

Cancellation of GST Registration

By |2020-03-16T02:54:50-05:30June 2nd, 2017|Categories: GST, GST Registration, Videos|

Cancellation of GST registration Often considered as an indirect tax for the whole nation that would make India one unified common market. GST is a tax which is imposed on the sale, manufacturing and the usage of the goods and services. It is a [...]