This article is to make understand how restaurant food bills will be affected under GST. We will also enlighten the consumer as the amount that has to be paid will also be affected under the same.
Since the transactions happen in different ways, broadly as below, we shall discuss the impact of GST accordingly.
India has become the second largest market for e-commerce. It has now become imperative for the business to understand and adopt e-commerce to grow trade in India.
In this article, we’ve explained composition scheme under GST, who can apply, eligibility criteria how it can benefit small businesses.
VAT is being implemented in the Kingdom of Saudi Arabia or KSA under Unified VAT Agreement for The Cooperation Council for Arab States of the Gulf.
There may be instances where shops or hotels may use fake GST Bill or GST number and may dupe you. Hence, this article will help you to understand how to identify or verify fake GST Bill and GST number.
Reverse Charge Mechanism (RCM) means the liability to pay the tax by person receiving goods and/or services instead of the person supplying the goods and/or services in respect of specified categories of supplies.
GST being One Nation One Tax is famous for the free flow of credits. But there are certain items on which Input Tax Credit is unavailable to the taxpayer.