Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
The essential electronic invoicing of business to business B2B transactions towards the firms that have a turnover exceeding Rs 20 cr would raise the GST enrollment by 75%. The latest system which will be applicable from 1st April would add 180,000 GST identification numbers (GTINs) increasing from the current 240000 to nearly 420000. Beneath GST […]
The Gujarat high court recently with the justices J B Pardiwala and Nisha M Thakore had discarded the order of provisional attachment which said that the GST officials are not eligible to provisionally attach personal properties of the partnership partner’s firms with the final liability determination of the firms which had been wrongly accused of […]
In a recent ruling by the Uttar Pradesh Authority of Advance it was found that the ITC, the input tax credit is not available for the expense incurred on the construction of the complex which is further given for lease. The KRBL infrastructure limited which is also the applicant offers services like construction of commercial […]
As India has entered into the year 2022 after a disastrous year and a quarter because of a pandemic and the tax structure is the basic part of the regeneration plan. When it comes to GST ( Goods and Services) which has been already going ahead while establishing its position and has been asked time […]
Union Budget 2022-23 is based on digitization along with the simplicity of doing the business. The main focus of the budget is on the amendment in the taxes to respond to the hurdles which are being suffered by the assessee. Since the coming of the GST, there are several indirect tax measures that are presented […]
Since the GST execution, the claim of the ITC has seen various changes with the government’s purpose to permit lower and recover more and limiting the claim only when the invoices or debit notes would be uploaded through the suppliers in GSTR-1 form. From this article, we pose an intention to undergo the difficulties of […]
The Union Budget for the Financial Year 2022-23 (‘the Budget’) was addressed in Lok Sabha by Hon’ble Finance Minister Nirmala Sitharaman dated 1st Feb 2022. After the pandemic, the importance of IT in India is been acknowledged this was the 2nd Union budget that was shown on the tablet and not the traditional Bhai Khata. […]
The changes drawn in the GST law under the finance bill 2022 can bring the cash inflow to the businesses and make the provision for the taxpayers to be accurate with their Input tax credit report when they file the returns. The amendments asked in the Union GST act sections concerning Input tax credit have […]
Everyone was concerned about the union budget 2022 and now it is finally out. FM Nirmala Sitharaman reflects various reasons for an effective future. The budget speech and the economic survey in 2021 show the economic revival of the country after the pandemic. Also, the deficiencies have been diminished, revamp in the foreign exchange reserves, […]
