There are several expenses that a business firm incurs. One of these is a carriage, which refers to the cost of transportation of goods to
A registered dealer issues a Bill of Supply whenever they supply an exempt good or service. If the supply value is less than Rs 200,
A GST-registered business issues a tax invoice to the buyer. The GST rate charged on the products and services sold is specified on such an
Whenever a registered dealer sells products or services to a client not qualified to claim input tax credit, the dealer will issue a document known
State codes are two-digit numerical codes assigned to each state and union territory in India. They identify the origin and destination of goods and services
The place of supply is a crucial concept in the taxation of goods, as it determines which jurisdiction has the right to levy taxes on
State codes form the first part of a registered taxpayer’s GSTIN (Goods and Services Tax Identification Number). State codes play a vital role in determining
Within the complex realm of business transactions, documentation assumes a critical role. Essential paper trails, such as invoices, receipts, and bills of lading, intricately facilitate
In every business, the upkeep of precise and timely financial records is imperative for achieving success. An integral component of this practice involves issuing accurate
Introduction In the dynamic realm of the Goods and Services Tax (GST) system, the e-waybill is a vital companion for goods transportation. This computerized E-way
The GST regime brought about a significant shift in how services are taxed, particularly in the case of continuous supply. Determining the time of supply
The introduction of GST in India marked a significant overhaul in the indirect tax system, impacting both goods and services. A key aspect under this
The Goods and Services Tax (GST) has revolutionized the Indian taxation system, introducing several new concepts, including the time of supply for continuous goods. This
For business transactions, particularly under the GST (Goods and Services Tax) regime, it’s crucial to distinguish between different types of documents – mainly a Tax
