QRMP-Quarterly Return Filing and Monthly Payment of Taxes Scheme under GST
GST Council in its 42nd meeting held on 05.10.2020, had recommended that registered person having aggregate turnover up …
TDS on Purchase of Goods(Section 194Q) & Comparison with Section 206C(1H) TCS on Sale of Goods
TDS on Purchase of goods under section 194Q TDS on purchase of goods is required to be deducted …
HSN Full Form (Harmonized System of Nomenclature)/SAC (Services Accounting Code)
HSN Full Form and Meaning(Harmonized System of Nomenclature) HSN full form is “Harmonized System of Nomenclature”. This system …
Section 10 of CGST Act
Overview Section 10 of CGST Act provides for a registered person to opt for payment of taxes under …
Section 40b of Income Tax Act
Section 40b of Income Tax Act:-Partner’s Remuneration, salary & Interest on capital Overview In the case of any …
Section 16 Of CGST Act
Section 16 of CGST Act: Statutory Provision (1) Every registered person shall, subject to such conditions and restrictions …
Transfer of Business as a Going Concern under GST
Transfer of Business as a Going Concern under GST Section 85 of CGST Act:-Provision (1) Where a taxable …
Section 24 of CGST Act-Compulsory Registration under GST
Provision Section 24 of CGST Act:-Compulsory registration in certain cases (1) Notwithstanding anything contained in sub-section (1) of …
Section 23 of CGST Act-Exemption from GST Registration
Section 23 of CGST Act (1) The following persons shall not be liable to registration, namely:- (a) any …