DATA MIGRATION FOR GST
DATA MIGRATION FOR GST Existing taxpayers include taxpayers already registered under :- Central Excise Service Tax State Sales Tax or VAT (except exclusive liquor dealers if registered under VAT) Entry Tax Luxury Tax Entertainment Tax (except levied by the local bodies) One PAN allows one GST Registration in a State Enrolment under the GST is […]
Tax Rates for A.Y. 2016-17 and A.Y. 2017-18
Tax Rates are vital for all types for persons. It determines the amount of tax a person has to pay to the government. Undermining or overburdening with tax is hazardous. Tax Rates 1. In case of an Individual (resident or non-resident) or HUF or Association of Person or Body of Individual or any other artificial […]
TDS Rates Chart for Assessment Year 2017-18
TDS is one of the hot topics as of now. It is very vast and a good knowledge of TDS is required. We are hereby giving the TDS rate chart for A.Y. 2017-18 Rates for tax deduction at source [For Assessment year 2017-18] Read More…. http://www.incometaxindia.gov.in/Pages/charts-and-tables.aspx
Micro, Small and Medium Enterprises (MSME)
The Micro, Small and Medium Enterprises (MSME) sector has been recognised as engine of growth all over the world. Many countries of the world have established a SME Development Agency as the nodal agency to coordinate and oversee all Government interventions in respect of the development of this sector. In the case of India, also […]
PLACE OF SUPPLY OF GOODS AND SERVICES UNDER MODEL GST LAW
Place of supply of goods & services(Annexure-D) The draft model GST law released by the Government on June 14, 2016 in public domain lays down the principles to determine the place of supply and accordingly treat the taxable supply of goods and/or services either as Intra-State or Inter-State. The rules in this regard are framed […]
Concept Note on GST
1.Introduction The Constitution (One Hundred and Twenty-Second Amendment) Bill, 2014, seeks to amend the Constitution of India to facilitate the introduction of Goods and Services Tax (GST) in the country. The proposed amendments in the Constitution will confer powers both to the Parliament and the State legislatures to make laws for levying GST on the […]
LEARN GST
LEARN GST “Goods and Services Tax” would be a comprehensive Indirect Tax on manufacture, sale and consumption of goods and services throughout India, to replace taxes levied by the Central and State Governments. GST is a tax on goods and services with value addition at each stage having comprehensive and continuous chain of set-of benefits from the producer’s/service provider’s point up […]