GST: Invoice, Debit Note And Credit Note
An invoice forms a crucial function when it comes to execution of transaction. The invoice is a document sent to a buyer that specifies the amount and cost of products...
Tag Archives: supply
Posts under "supply" tag
Time Of Supply Under GST
Under GST, the levy of tax on manufacture, place of provision of service and point of taxation of services will be replaced by the concept of “Supply”. The time...
A Brief On Valuation Of Supply Under GST
The ‘One India, One Tax System’ termed as the goods and service tax or GST poses a question to many as to what is valuation of supply and how...
What Does Place of Supply Mean Under GST?
Supply is a fundamental concept that includes all the provisions of the goods and service tax around it. Place of supply under GST defines whether the transaction will be...
Why Is GST Necessary In India?
The implementation of the Goods and Service Tax is the most significant tax reform yet for India, conceptualised and structured by various Governments from as early as 2000 and...
Composition Scheme Under GST
Every tax authority aims towards the timely collection of taxes and to ensure filing of correct returns. These two aspects come with a lot of additional work involved such...
How Does GST Impact Manufacturing Sector In India?
The major economic drive for the nation and for developing economies across the world has been the manufacturing sector in India. However, its performance has been uninspiring following the...
E-Way Bill – Definition, Requirement And Validity
In the present regime, most of the states have check-posts along their state borders to monitor movement of goods. Movement of goods cannot take place without a valid way...
Supply Under GST – Types, Exemptions And Its Importance
Tax is levied on the provision of a service and the manufacture, sale or transfer of goods from one territory to another. Under GST, tax is levied on the...
