Know Everything About Goods Transport Agency (GTA) Under GST!
Services provided or agreed to be provided by a Goods Transport Agency (GTA) In respect of transportation of goods by road to: any factory registered…
Everything About Reverse Charge Mechanism Under GST!
Usually, the supplier pays tax on supply. But in this case, the receiver or recipient becomes liable to pay tax which means the chargeability…
Mixed Supply Under GST
Mixed supply under GST means two or more individual supplies of goods or services, or any combination, made in conjunction with each other by a taxable…
Composite Supply Under GST
GST Composite Supply means a supply comprises of two or more goods or services, which are naturally bundled and are supplied in with each other in…
Input Tax Credit On Job Work
The principal is eligible for ITC on the inputs and capital goods sent for job work. WHEN INPUTS OR CAPITAL GOODS ARE SENT FOR JOB…
Understanding About Job Work Under GST
1. MEANING OF JOB WORK UNDER GST The manufacturer (principal) may send his goods to a job worker on contract basis after the purchase of…
Bill Of Supply Under The GST Regime
A bill of supply is a document of the transaction and is different from a tax invoice as it will not have any tax amount…
Check Your HSN, SAC & State Codes Under The GST Model Law
HSN stands for Harmonized system of Nomenclature, it is an internationally accepted product coding system used for maintaining the uniformity in the classification of goods. Goods…
Everything You Must Know About Tax Invoicing Under GST
An Invoice is required for every form of supply such as transfer, barter, exchange, license, rental, lease or disposal. GST requires a Tax Invoice or…