Each new year comes with challenges, new expectations, desires, and responsibilities. The introduction of the Goods and Services Tax (GST) in India is a major tax reform. This is a great year for GST from 2017-2019. The GST rate on 178 items fell from 28% to 18%....
Everyone with a GST Registration must file GST Return, either there has been any turnover or not, within the month. In short, no Sale or Purchase has appeared, in a month, you, still, have to sign to Government GST Portal and comply with a NIL return. So if you are...
All businesses whose turnover surpasses Rs. 40 lakh (for goods suppliers) and Rs. 20 lakh in case of services providers) have to get GST registration done in India. The limit is half; Rs 20 lakh for goods suppliers and Rs. 10 lakh for services providers, for Special...
What is the delivery challan? A delivery challan is a record or a document produces in the procedure of transferring goods from one place to another. Which might or might not result in trades. This is transported along with the communicated goods. It includes the...
Overview Since every corporate or business is now operating in order with the norms of Goods and Service Tax(GST), there is a requirement to register as well as login to carry out the normal functioning of the business. You may learn more about GST to update yourself...
Debit Note and Credit Note come into the action when some error has been committed during a financial transaction. The mistake can be simply human error or due to some mechanical fault. To neutralize the effect of this error on the invoices, a Debit Note or a Credit...