Concept of Debit Note, Credit Note and Revised Invoices in GST

Concept of Debit Note, Credit Note and Revised Invoices in GST

As per CGST act, 2017 GST is applicable to whole of India including the state of Jammu and Kashmir. Under GST regime, supply of goods and services are chargeable to only one tax, ‘GST’ and all other indirect taxes are subsumed. For all supplies made under GST, invoices are to be issued against each supply … Read more

Decoding GST Number

Decoding GST Number

Decoding GST Number Goods and Service Tax (GST) is the biggest tax revolution our country will experience since Independence. It will club all indirect taxes by bringing them under one single act to make it systematic. Several bills have been passed and transition to GST has already begun. The present Government wishes to roll out … Read more

How will GST work in India?

how will gst work in india

How will GST work in India? Goods and Service Tax (GST) is a much needed tax reform our country is eagerly waiting for. The single tax will bring all indirect taxes, irrespective of their size and nature under its roof. GST will revolutionize the indirect part of the taxes. When all the taxes like, sales … Read more

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