CLARIFICATIONS ON FILING GSTR-9 AND GSTR-9C FOR THR F.Y 2021 GSTR-9C RECONCILIATION STATEMENT What is GSTR-9C? GSTR-9C is a form that is required to be
EQUALISATION LEVY What is Equalisation Levy (EL)? Equalisation levy is a direct tax which is withheld at the time of payment by the service recipient.
A DETAILED ANALYSIS OF JOB WORK UNDER GST What is Job work? Section 2(68) of the CGST Act, 2017 defines Job-work as ‘any treatment or
GST AUDIT: MEANING, TYPES, AND OBJECTIVES GST Audit is verification of the original records, returns and other documents kept with the taxpayer at the business
INPUT TAX CREDIT ON CSR EXPENSES What is CSR? Section 135(5) of The Companies Act, 2013 requires every eligible company (as per section 135(1)) to
HIGHLIGHTS OF THE 48TH GST COUNCIL The 48th GST Council meeting was held on 17th December 2022, Saturday, virtually from New Delhi. The meet being
FORM RFD-11: Filing of LUT in GST Portal What is LUT and why is it used? All registered taxpayers who export the goods or services
TDS ON SALARIES UNDER SECTION 192 FOR THE F.Y 2022-23 Section 192 of the Income Tax Act, 1961 deals with tax deducted at source (TDS)
APPLICABILITY OF GST ON GOODS TRANSPORT AGENCY Transportation is a vital part of the economy as any problem in transportation disrupts the entire business channel.
APPLICABILITY OF GST ON YOUTUBE CONTENT CREATOR The YouTube platform is a subsidiary of Google, a US-based company that allows anyone to open a channel
