E-Commerce GST Applicability

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E-Commerce GST Applicability E-commerce Operator: 1)Section 2(45):- An e-commerce operator : is a person who owns, operates or manages digital or electronic facility or platform for electronic commerce.  2) Section 2(44) Electronic Commerce: “electronic commerce” […]

Invoicing under GST As per Section 31 and GST Invoicing Rules

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Section 31(1) : A registered person supplying taxable goods shall, before or at the time of,— a) removal of goods for supply to the recipient, where the supply involves movement of goods; or b) delivery […]

ROC Annual Compliance – Private Limited Company

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ANNUAL COMPLIANCE FILING BASED COMPLIANCE Section 92 (Annual Return)- Every Company shall prepare its Annual Return in Form MGT-7 within 60 days of holding Annual General Meeting. Signing Provision- Annual Return shall be digitally signed […]

Invoicing under GST

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Invoicing under GST GST defines a transaction as ‘Supply’ when there is a transfer, exchange, rental, lease, barter, disposal or license of goods or services. Whenever a transaction takes place, a tax invoice has to […]

INPUT TAX CREDIT MECHANISM UNDER GST REGIME

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Input Tax Credit a) Input Tax Credit (ITC) is the backbone of the GST regime. b) GST is nothing but a value added tax on goods & services combined. c) It is these provisions of […]