Under the Indirect taxes mechanism, the taxes are levied at every stage of value addition. This is applicable in case of supply of goods as well as services. Thus it is important to understand that tax and the value addition…
The online platforms like Quora, Reddit and similar other are overflowing with questions like – Do I need a GST number for my small business? Who are liable to register under GST in India? How to register for GST in…
GST stands for Goods and Service Tax, a new tax reform to be implemented from 1st July, 2017.The new tax system will affect businesses and individual buyers to large extent due to many structural changes and ambiguities regarding the new system prevalent…