As per section 2(6) of CGST Act, 2017 ‘aggregate turnover’ means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess.
Hello friends, greetings for the day in the current article we will discuss every aspect of amendment in the registration granted or the unique identification number and what is the procedure for amendment in the registration. Analysis Where there is any changes in the particulars furnished in registration application registered person shall submit an application […]
Hello friends, Greetings for the day in the current article we will discuss about the person in charge under e-way bill. Person in charge means the person in charge of the conveyance through which movement of consignment is taking place. We will also discuss about verification by the goods under transit on the authorization of […]
In the current topic we will discuss about E-way bills under GST Regime and we will try to incorporate every important aspect of e-way bill at one place.
Hello friends, greetings for the day there are lots of confusion on the topic of pure agent under GST so in the current topic we will discuss about Pure agent. As per 2(5) of CGST Act agent means a person, including a a factor, broker, commission agent, arhatia, del credere agent, an auctioneer or any […]
Hello friends, greetings for the day in the current article we will discuss about credit note under GST. In this article we will discuss every aspect of credit note. As per 2(37) of CGST Act credit note means an document issued by a registered person under 34(1). A supplier has to issue tax invoice in case […]
As per 34(3) where a tax invoice has been issued for supply of any goods and service or both and the taxable value or tax charged in the tax invoice is found to be Less than the taxable value or tax payable in respect of such supply, the registered person who has supplied such goods or service or both, shall issue to the recipient a Debit note containing such particulars as may be prescribed.
Hello friends, greetings for the day in the current article we will discuss about electronic liability register. On the common portal each registered taxpayer will have one electronic register called the electronic liability register and two electronic ledgers namely electronic cash ledger and electronic credit ledger. These register and ledger will reflect the amount of […]
As per Sec 19(1) of CGST Act principal shall claim input tax credit on input sent to job worker for job work subject to certain conditions and restriction provided in rule 45 of CGST Rules.
Hello friends greetings for the day, in the current article we will discuss reasons for cancellation and the process for cancellations of GST registration and the due course with its effects. The registration granted under GST can be cancelled due to various reasons like death of registered person and the legal heir can apply for […]
