GST migration for Excise to start from 5th January 2017 GST migration for excise which was to start from 1st of January will start from 5th January. The schedule for migration has be rescheduled. Here it is important to know that the taxpayers registered in
Revised schedule for GST migration of service tax assesses: The GSTIN has released a revised schedule for the GST migration for service tax assesses. Now the GST migration for the service tax taxpayers will start from 9th January 2017 and will end on 31st January
What is BHIM app: Here we will help you to download and use the BHIM. As our PM has said that entire world will Google for it. You will also do the same but when you will google it on google play some fake names
In a great move the government has today announce the launch of BHIM app. It is going to change the online payment thing in India. Here we have compiled the quick 10 things you should know about it.You can learn how to download it here.
What is revised tax invoice in revised GST model law: Revised tax invoice is issued when there is some revision in the contents of invoice already issued. When a taxpayer can issue a revised tax invoice in GST In revised GST Model Law section 28(3a)
What is supplementary tax invoice in revised Model GST Law: A supplementary invoice is issued when the particulars given in original invoice are changed. In excise a supplementary tax invoice is generally issued when the rate or quantity have upward revision. When to issue a
Why a tax invoice by input tax distributor is required Section 21 of GST model Law covers the provisions for manner of distribution of credit by an ISD. The instrument for such distribution is tax invoice by input services distributor. Section 2(54) of Model GST
When You can issue a bill of supply instead of a tax invoice in GST Section 28 of chapter VII in GST covers the provisions of invoice. Clause 3(b) of section 28 provide for the issuance of bill of supply.Tax invoice is generally issued to
Why to generate the electronic Invoice reference number in revised GST As we know in case of supply of goods we need to issue three copies of invoice. These copies are used in following manner. (a) the original copy being marked as ORIGINAL FOR RECIPIENT;
Why You need to issue GST Tax invoice for Exports: In revised GST model law you can avail tax benefit for export of supplies in two ways. (a) First method is export without payment of IGST and claim refund of Input tax credit. export goods
