Composition Tax under GST law Revised GST Law under Section -9 provides that small taxpayer can opt for the scheme of composition tax instead of opting for paying tax under the regular supply of goods.
JOB WORK UNDER REVISED GST LAW The amendments made in the provisions pertaining to job work and their comparision with respect to earlier GST law and in present scenario is summarised as follows:-
Process of migration from VAT to GST GST registration (migration) portal is open from 16 Dec 2016. If you think that the process is a bit complicated and lengthy if compared with local Sales Tax or VAT registration; Don’t get tension , we are here to make it simple for you to migration from VAT […]
Provision for Supply of goods to job worker under revised GST Law First we should need to understand the definition of Job work under Revised GST law. After that it will be easier to understand the provision relating to supply of goods to job worker. Goods either input or capital goods can be directly send […]
GST Implementation From 1st April 2017 ? भारत में प्रस्तावित “गुड्स एवं सर्विस टैक्स” (GST Implementation) को लगाए जीने को लेकर भारत सरकार के प्रशासनिक प्रयास अब काफी तेज हो चुके है और विभिन्न राज्यों के डीलर्स का जी.एस.टी. के लिए जी.एस.टी. नेटवर्क पर रजिस्ट्रेशन का कार्य प्रारम्भ हो चुका है . यह कार्य राज्यवार […]
What is Bill of Supply As per proviso to section 23 of Model GST Law a registered taxable person supplying non-taxable goods and/or services or paying tax under the provisions of section 8 in relation to composition levy shall issue, instead of a tax invoice, a Bill of Supply( in lieu of tax invoice) containing […]
REVERSE CHARGE UNDER GST Meaning of reverse charge GST is payable by ‘taxable person’ who is supplying goods/services. This is provided in clause 7(2) of GST Model Law, 2016 and clause 4(2) of IGST Model Law, 2016