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…
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 means two or more individual supplies of goods or services, or any combination, made in conjunction with each other by a taxable…
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…
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…
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…
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…
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…