The service sector in the country amounts to a considerable share in the GDP and its performance is critical. The service sector in the country is characterized by series...
The main difference in the existing tax structure and the GST is that the new regime will put an end to multiple taxes levied on different products and services...
What Is eSigning? Electronic signature is an electronic enabled service that allows an Adhaar card holder to digitally sign a document. In case where a taxpayer chooses to electronically...
Under GST, a person importing goods has to pay customs and IGST. CVD and SAD levied under the current regime will be replaced by IGST. IGST will be imposed...
Section 35 of the CGST Act read along with GST Accounts and Records rules provides that every registered person shall keep and maintain all records at his respective place...
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...
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...
The Goods and Service Tax (GST) has been one of the key things that has caught attention of the Indian business market. With a lot of changes over a period...
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...
The largest tax reform of the nation yet, the Goods and Service Tax (GST) aims to bring the entire Indirect Tax market under one umbrella. With such a major...
GST everywhere!! With less than a week after GST came into effect in India, dealers are anxious about registration and compliances under the new law. Worry not, let us...
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...
The Government of India plans to roll out India’s largest tax reform i.e Goods and Service Tax (GST) on the 1st of July 2017. With GST coming into effect,...
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...
Although, the ultimate aim of introducing the Goods and Services Tax Bill is to simplify the cumbersome nature of our Revenue system, it can still be bifurcated to more...
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...
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...
Registration is an important component for migration to GST from existing taxation systems. With GST on the verge of rolling out, it is important to note who has to...
Incorporation is the formation of a new legal entity that is recognized as a legal person in the eyes of the law. Incorporating a company is not compulsory although,...
By accessing the website www.legaldesk.com, you acknowledge that you are seeking information about Legaldesk of your own accord and that there has been no form of solicitation, advertisement, or inducement by Legaldesk or its employees or members. The content on this website is for informational purposes only and should not be construed as soliciting or advertisement. No material or information provided on this website should be considered legal advice. LegalDesk.com does not provide any legal advice, consultation, accounting or auditing services, and is not a law firm, chartered accountancy, or company secretary firm. The services provided by LegalDesk.com cannot be construed as a substitute or alternative for legal advice. The website provides legal articles, news, and drafts for informational and educational purposes only. However, due to changing laws and amendments in the law, we cannot guarantee the accuracy or correctness of the content provided therein. Please be aware that due to the differences in laws across jurisdictions, we do not assure the accuracy and applicability of any documents or templates or other services in other jurisdictions. Please consult your lawyer or chartered accountant for the same. The use of this website does not create an attorney-client relationship between LegalDesk.com, its employees, and any customer.
