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GST Thread 2 What GST brings along with it - 1. Value added tax and no cascading of taxes - GST is only on the value added by the manufacturer and being a value added tax at each stage it avoids double taxation Example - If I purchase plastic fr

Mehnat ki kamai par moti rakam maangte hue pakadi gyi 😅( Caught demanding huge amount for hard earned money) Tax -Treatment of popcorn 🍿 The Goods and Services Tax (GST) Council, chaired by the finance minister and including state representative

BCCI's profit is tax-free under Section 12A of the Income Tax Act, whereas IPL tickets bought by fans are subject to 28% GST.

🚨 Is Swiggy Overcharging You on GST? Checked my order (ID: 206959509160222) and found troubling gaps: ✅ Paid: ₹124 ❌ Invoice: ₹170.63 ❌ Discount mismatch: ₹130 vs ₹71.50 ❌ GST overcharged: ₹8.13 instead of ₹5.79 Under Sec 15 of CGST Act, tax must

A sin tax is an excise tax levied on goods and services like tobacco, alcohol and gambling, which are deemed harmful to people. The tax aims to reduce or eliminate the use of such products by making them more expensive to buy. The government is expec

Attention GST taxpayers: November 30, 2024 is last day to claim pending input tax credit by filing GSTR 3B November 30, 2024, is the last date to claim any pending input tax credit (ITC) or amend any errors or omissions in compliance with the Goods

📢 GST Registration for Companies – Everything You Need to Know! 🚀 Starting a company? One of the first legal steps is getting GST registration! ✅ It not only gives your business a legal identity but also opens doors to seamless tax compliance, inp

Traditional businessmen do not want to accept modern ERP system. Who has any idea. Because everybody has to save tax. What everybody does is that they give all the bills and paper bills and He does not add entries to the account.In this way all the G