by admin | Apr 29, 2022 | GST
Goods and Services Tax Act, 2017 covered most of the services within its ambit. However, certain goods and services are provided exemption from the act. Most of these services are in line with the Mega Exemption Notification 2012 that provided exemption in the...
by Adv Akella A S Prakasa Rao, B.E.(Hons), LLB | Apr 16, 2022 | GST
Under GST, many multilocational units are consolidating their operations and warehouses as the tax incidence for inter-state and intra-state being the same, but for the nomenclature as IGST or CGST+SGST. The other operational reasons may also influence the decision...
by Adv Akella A S Prakasa Rao, B.E.(Hons), LLB | Apr 12, 2022 | GST
Sec 2(77) of CGST Act, 2017 defines a “non-resident taxable person” means any person who occasionally undertakes transactions involving the supply of goods or services or both, whether as principal or agent or in any other capacity, but who has no fixed...
by admin | Apr 7, 2022 | GST
How to File GST Return Online for Taxpayers in India?The GST returns are indeed an important job for taxpayers, but here is how you can file your GST return without any confusing or laborious process. One easy method to file your GST return is the goods and services...
by Siddarth Nandakumar | Mar 31, 2022 | GST
The GST council has decided to implement E-Invoicing for better and more effective regulation. It has become mandatory for SMBs with a turnover of more than 20 Crore to submit the standard generated invoice at common GST portals. This article is a comprehensive guide...
by Adv Akella A S Prakasa Rao, B.E.(Hons), LLB | Mar 16, 2022 | GST
One of the preferred ways of business transfer is through a slump sale. Slump sale, in simple terms, is a transfer of a business, either in whole or in part, from one entity to another, for a lump sum. Wherein the lump sum is arrived at without attaching any specific...
