Valuation of Supply under GST in India

Introduction

Valuation of offer primarily revolves around the determination of the worth of offering of products and or services on that tax is to be levied. Valuation of the offer of products or offer of services shall be the dealing price wherever the provider & the recipient isn't connected half. within the current regime, taxes are to be calculated on the worth of …

What is GST (Goods & Services Tax)

Before the GST, indirect Tax made Indian Taxation system so complicated. There are many taxes which was collected by state & central government Goods & services. In this article, we are going discuss. What is GST(Goods & Services Tax) For every Goods and Service, we have to pay separate tax that makes situation worst, there was lot of taxes i.e. Excise duties, Import …

Destination & Origin based tax

The simple difference among the vacation spot based totally tax and starting place based tax lies inside the fact that origin based taxation seeks to levy and gather tax on the idea of place of manufacturing and destination based totally taxation seeks to levy and collect tax on the idea of location of consumption.this text is all about the distinction among vacation spot based totally …

What is IGST (Integrated Goods and Services Tax)

which means of IGST

IGST refers to the included goods and services Tax that is a part of GST under the concept of one kingdom one tax. it's miles one of the 3 forms of taxes and is below the integrated items and offerings Tax Act, 2017. it is charged on the products and services supplied from one nation to some other. …

Relaxation under GST Return filing

Introduction

GST Council has absitively to apparatus GST from 1st July. Finance Minister Arun Jaitley appear that there will be an appropriate barrage of GST at New Delhi on the midnight of 30th June. Now it’s assertive that GST cycle out date won’t be adjourned from 1st July 2017 but all-important alleviation in return filing rules will be given. The cold of ensuring a bland …