November 3, 2022
Table of Contents 1Refund under GST fascinating theory 2Refund under GST deadline – Things you are not aware!How Can You Get Your Refund3Refund under GST Has Been Applied – Mistakes that you may make4Enjoy a 100% Input Tax Credit right now – or do you need to wait for the refund?5File your GST returns in minutes,
November 3, 2022
The Indian tax system has undergone significant changes over the past decade. Tax rates, laws, and litigation have all been made simpler to increase compliance, ease of payment, and enforcement. Pre-GST litigation is important for business to increase their tax revenue.However, the effects of direct/indirect tax litigation and tax administration rationalisation are a never-ending process.
November 3, 2022
Table of Contents 1GST on construction industry and its GST provisions2Supply of goods or supply of services3GST taxability on construction industry 4GST on construction industry as effective DateGST Rate Structure for Residential Real Estate ProjectGST on Construction industry : 1%/ 5% new GST rates applicability5Applicability of Reverse Charge Mechanism 6Claim upto 100% Input Tax Credit The construction industry
November 3, 2022
Table of Contents 1What is Breach of contract under GST2GST applicability on amounts paid due to breach of contract3GST Applicability on Liquidated Damages4Which Types of Payments are Taxable under GST In simple terms, a ‘Contract’ is an agreement entered between the parties creating mutual obligations enforceable by law. Accordingly, as and when one party fails
November 3, 2022
Table of Contents 1What is Debit note under GSTUnderstand concept of ‘debit note’ with a simple example2When we issue debit note in GSTDebit note format under GSTWhat is the time limit for issuance of debit noteReflection of debit note in GST return3What is Credit note under GSTWhen we issued credit noteCredit note format under GSTWhat
October 21, 2022
Table of Contents Budget update 20221What are conditions for ITC claim under GST2GSTHero Solutions for claiming 100% accurate ITCClaim upto 100% Input Tax Credit Claiming the correct amount of Input Tax credit is vital to the Goods and Services Tax regime. In simple terms, the ITC claim under GST subtracts the tax paid on inputs