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
October 10, 2022
Table of Contents 1Can I modify the e-invoice?Are there any other possibilities? 2Is it possible to cancel an e-invoice?GST portal e-invoice cancellationIRP Functions: A Quick OverviewWhat is the IRP Amendment and CancellationWhat is GST portal amendment and cancellation?3In which cases cancellation of e-Invoice in GST doneCancel your e-invoiceDebit and credit notesGST Portal Modification4Cancellation of e-Invoice in
October 7, 2022
Table of Contents 1Summons under GST Provisions2Summons under GST: Issued guidelinesObtaining prior permission for issuance of summonsSpecified details to be covered in the summonsDetails to be maintained in the summons fileGeneral GST guidelines3In which situations summons should be avoided4Summons under GST : Takeaways In general, a ‘summons’ is a legal document issued by a court/
September 28, 2022
As we know, various indirect taxes are subsumed into one single tax i.e. Goods and Services Tax (GST). Accordingly, transition provisions were incorporated under GST to ensure smooth and hassle-free migration from erstwhile laws into GST law. We are discussing on filing or revising TRAN 1 and TRAN 2 guidelines and SC court judgments.One of
September 22, 2022
Businesses adapt to new technologies that facilitate a smooth business workflow and save money in today’s revolutionary digital world. Because more companies are working these days remotely, a digital signing solution is required. Digital signature certificate we need after filing return article thoroughly explain why DSC need, benefits for DSC and more.In this article, we
September 22, 2022
TCS full form stands for Tax Collection at Source under GST (TCS) is similar to TDS but has a few key differences. TDS is the tax deducted when the recipient of goods or services makes payments under a contract. Except for a few exceptions, every e-commerce operator must begin collecting TCS on October 1, 2018.