Category Archives: Goods and services Tax

Goods and services Tax

Goods and services Tax is applied by Indian government as one nation one tax

“GST” Was Apply by the Government to benefited to Business Man.

Before Implementation of GST Various Indirect taxes like service tax,Sales tax,and Excise duty was applicable in india .

In Above all indirect tax cenvat credits i.e. input tax credits on purchase/services received was adjusting with outward sales and outward services given .

For smooth running of this system the Indian Government also implemented this by discontinue of above mentioned tax,

In This Section we try to clarify regarding GST Refunds,GST Returns,GST Circulars,GST Notifications,GST Forms. 

What is Bill of Supply

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 […]

What does mean HSN codes in GST

What does mean HSN codes in GST What’s HSN code? HSN Codes mean Harmonized Commodity Description and Coding machine, additionally called the Harmonized machine (HS) of tariff nomenclature is an across the world standardized machine of names and numbers to classify traded merchandise. these codes are essentially used to restore rate of tax on numerous […]