by admin | May 30, 2022 | GST
Businesses need to adhere to the Goods and Service Taxes (GST) calendars and update them regularly to avoid late payment penalties and interest. GST penalties differ for late payment, not filing GST, and submitting false information. According to the GST rules in...
by Adv Akella A S Prakasa Rao, B.E.(Hons), LLB | May 30, 2022 | GST
Choosing the right paper for your print project. By Adv Akella A S Prakasa Rao, B.E.(Hons), LLB | May 30, 2022 4.5 Minutes Read The term ‘Gift’ has nowhere been defined under GST law. So, we will look into the definition of ‘Gift’...
by admin | May 30, 2022 | GST
GST’s impact on traders and manufacturers in India includes elimination of cascading effect, composition scheme for small traders, consolidation of the erstwhile indirect tax laws, etc. GST provided multiple benefits to the manufacturers and traders. While overcoming...
by admin | May 29, 2022 | GST
India implemented Goods and Service Tax (GST) on 1st July 2017, replacing several indirect taxes like VAT, Excise, service tax, etc. Every startup, small, and medium businesses, need to apply for a GST registration number, also referred to as GST Identification Number...
by Adv Akella A S Prakasa Rao, B.E.(Hons), LLB | May 20, 2022 | GST
Recovery of notice pay has become a bone of contention between the GST authorities and the industry and the litigation has its origins in the negative list regime of Service tax and has now crept into the GST. Let us examine the various enactments, which may enable us...
by Adv Akella A S Prakasa Rao, B.E.(Hons), LLB | May 19, 2022 | GST
On April 15th, 2020, the government took a historic step towards its goal to get the entire Indian population insured. As a part of order No. 40–3/2020-DM-I (A) (Issued as consolidated revised guidelines...
