All GST Queries Answered

Ours is a Pvt Ltd company. We are planning to take up agency to sell a manufacturer's product. The manufacturer will directly invoice the end user customer and give us a percentage of commision. Pl...

If an individual or a company which is registered under GST buys a product thru e commerce site and pays the due Gst charged in the invoice ,is he not eligible to claim an input tax credit on the ...

In view of difficulties faced by the trade in generating e-way bill,it has been decided to extend the trial phase for generation of e-way bill, both for inter and intra-State movement of goods. It ...

When we pay Tax (33%) (TDS) for our income, we came to know that it is received by the govt, from income tax website. It contains both Who deposited and on behalf of whom. After receivi...

Introduction of GST seems to be a very innovative scheme of business and generation of tax to the government. Thus the way bill also is a easier means to deliver goods to the destination. Problems ...

Way Bill per state defeats very purpose of GST which is as per government “One India One Tax”. With Way bill, inter-state transections becomes big problem of generate way bill o...

Bit coins could be used for converting unaccounted cash into black money. This could easily prevent efforts of the government to prevent unaccounted transactions. Also it is a speculative trade tha...

*The big myth on Income Tax Payers in India;* Data from a Chartered Accountants' group.......; ✍ FM said during his budget speech that we are largely a tax *'non- compliant'* socie...

I have filled november month 3B 9 days later, while filling 3B penalty showing CGST Rs.75 & SGST Rs. 75/- i have paid the penalty & filled the return, now while filling the return of Dec...

Isnt diamond a luxury item. Why would the Govt do this given poor collections. I hope its not someones whims and fancies. Logic please?