Every individual and business providing services defined U/s 65B(44) and declared services U/s 66E of the Finance Act, 1994 with an annual income of Rs. 9 lakhs or more are subjected to pay 14% service tax along with Swacch Bharat…
All taxation transactions which are subjected to GST will either be categorized under HSN (Harmonized System of Nomenclature) Code or SAC (Service Accounting code) Code. Goods are categorized under HSN code, while Services are categorized under SAC Code. These GST…
1) What is a GST Registration? GST Registration of a business with the tax authorities implies obtaining a unique, 15-digit Goods and Service Tax Identification Number (GSTIN) from the GST authorities so that all the operations of and the data…
Goods and Services Tax (GST) was introduced on 1st July 2017 in India. GST is one indirect tax for the whole country against a number of indirect taxes such as VAT, Service Tax, etc. GST has replaced multiple taxation systems…
